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NEW QUESTION: 1
An Office supplies company requires an advance payment of $8000 for the office supplies you wish to order.
You enter and pay a prepayment type invoice for $8000. You enter the standard invoice to book the expense which totals $10000 and you apply the prepayment to the standard invoice.
What are the accounting entries for that standard invoice with the prepayment application?
A. Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr Expense Account 8000 Cr Prepayment Account 8000.
B. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability 8000 Cr Prepayment Account 8000.
C. Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.The prepayment application has no impact on the Invoice.
D. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability Account 2000 Cr Prepayment Account 2000.
Answer: C

NEW QUESTION: 2
In your Oracle 12c database, you create two roles: AUDITORand AUDIT_ADMIN. You then execute the following commands:

To create a privilege analysis policy for the AUDIT_ADMINrole, you execute the following PL/SQLblock:

Which statement is correct about the procedure?
A. It captures the use of the privileges used through the AUDIT_ADMIN and AUDITOR roles when the module is used.
ACCOUNT PAYABLE
B. It always captures the use of the privileges exercised through the AUDITOR and AUDIT_ADMIN roles.
C. It always captures the use of the CREATE VIEW and CREATE TABLE privileges.
D. It only captures the use of the privileges used through the AUDIT_ADMIN role when the ACCOUNT module is used.
PAYABLE
Answer: D
Explanation:
https://docs.oracle.com/database/121/DVADM/priv_analysis.htm#DVADM591

NEW QUESTION: 3



A. Option B
B. Option A
C. Option C
D. Option D
Answer: D

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