Question 1

When will a depositor receive ledger and collected credit for a western check deposited at 2:00 P.M. Wednesday? Magento-Certified-Professional-Cloud-Developer Ledger Credit - Collected Credit

Options :

A : Wednesday - Thursday

B : Wednesday - Friday

C : Thursday - Thursday

D : Thursday - Friday

Answer: B

Question 2

Which of the following can be related to a company’s stock price?

Options :

A : Economic Value Added

B : Residual Income

C : Return on Investment

D : Operating Profit

Answer: A

Question 3

A company is concerned that investor dissatisfaction could lead to a rapid change in its board membership. To prevent this, which of the following strategies should the company employ?

Options :

A : Grant shareowners preemptive rights for new shares.

B : Give shareowners cumulative voting rights.

C : Stagger the election of its directors.

D : Allow shareowners to vote by proxy.

Answer: C

Question 4

All of the following items may be found on an income statement EXCEPT:

Options :

A : cost of goods sold.

B : prepaid expenses.

C : interest expense.

D : taxes

Answer: B

Question 5

In which of the following international cash management methods is title for goods transferred for intercompany sales?

Options :

A : Pooling

B : Internal factoring

C : Multilateral netting

D : Re-invoicing

Answer: D

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