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NEW QUESTION: 1
Susan has deployed a template, "sales.ntf", for the Sales Tracking application on the test server. Fred wants to create a new Sales Tracking application using Susan's template, and Fred wants his new application to inherit future design changes from the template.
How can Fred do this?
A. Create a replica of the "Sales.ntf" template, but make its file name end in ".nsf" instead.
B. Create a blank application, right-click the new application icon, and choose the "Cope From Template" option. Select the "sales.ntf" file as the template, then design elements will be copied to the new application.
C. Select File>Application>New, choose the test server as the template server, and choose the "sales.ntf" template.
D. Select File>Application>New, choose the test server as the template server, and give the application
"sales.ntf" as a file name.
Answer: C

NEW QUESTION: 2
A company operates an integrated standard cost accounting system. The standard price of raw material A is
$20 per litre. At the start of period 1, the inventory of 500 litres of raw material A was valued at $20 per litre.
During period 1, 100 litres of raw material A were purchased at an actual price of $21 per litre. During period
2, 550 litres of raw material A were issued to Job 789.
In respect of the above events, which TWO of the following statements are correct? (Choose two.)
A. The raw material inventory at the end of period 1 should include 100 litres valued at $21 per litre.
B. The first 500 litres of raw material A issued should be debited to the Job 789 account at $20 per litre, and the remaining 50 litres at $21 per litre.
C. An adverse material price variance should be recorded in the statement of profit or loss for period 1.
D. The raw material inventory at the end of period 2 should be valued at $20 per litre.
E. An adverse material price variance should be recorded in the statement of profit or loss for period 2.
Answer: B,E

NEW QUESTION: 3
The maximum contribution an employer may make to a SEP-IRA is:
A. 100% of employee compensation
B. $4,000
C. $5,000
D. 25% of employee compensation
Answer: D
Explanation:
25% of employee compensation. There is also a dollar cap that is has an annual
cost-of-living adjustment.