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NEW QUESTION: 1
Your company just purchased some highly advanced machines to be used in the manufacturing plant.
Collectively, the equipment cost $5 million with a useful life of 10 years.
At that time, they will be sold with an approximate salvage of $100,000.
You must set up the depreciation profile for this equipment in Microsoft Dynamics 365 fir Finance and Operations.
Which two books should you create in this depreciation profile? Each correct answer presents part of the solution.
A. one for each machine in the operations layer
B. one for the manufacturing plant in the fixed assets layer
C. one for the new equipment in the tax layer
D. one for the new equipment in the current layer
Answer: A,D

NEW QUESTION: 2
The chief audit executive (CAE) of a large retail operation believes that senior management has accepted a level of risk that exceeds the organization's current risk tolerance with respect to a major expansion. The CAE plans to meet with senior management to discuss these concerns. According to IIA guidance, which of the following would be an appropriate course of action in preparation for this meeting?
Understand management's basis for the decision.
Advise the board of the concern and upcoming meeting.
Ascertain which members of management have accepted the risk.
Determine if management has the authority to accept the risk.
A. 2 and 3 only
B. 1 and 4 only
C. 1 and 2 only
D. 3 and 4 only
Answer: B

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