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NEW QUESTION: 1
You created a key figure and want to add calculations. Which of the following rules do you consider?
There are 2 correct answers to this question.
Response:
A. Aggregation calculations using SUM or MAX functions must be based on a higher aggregation level.
B. All key figure calculations have calculation inputs, which can be marked as stored or non-stored.
C. Key figures can be calculated across different planning levels.
D. The calculation chain for a key figure must always result in a calculated key figure.
Answer: B,C
NEW QUESTION: 2
Why is it important for customers to buy and use genuine HP ink and LaserJet print cartridges'?
A. They are easier to install than remanufactured supplies.
B. They are designed to work with HP devices to provide accurate reports.
C. They increase the margin for the channel partner.
D. They are less expensive than remanufactured supplies.
Answer: D
NEW QUESTION: 3
At December 31, 1998, Off-Line Co. changed its method of accounting for demo costs from writing off the
costs over two years to expensing the costs immediately. Off-Line made the change in recognition of an
increasing number of demos placed with customers that did not result in sales. Off-Line had deferred
demo costs of $500,000 at December 31, 1997, $300,000 of which were to be written off in 1998 and the
remainder in 1999. Off-Line's income tax rate is 30%. In its 1998 financial statements, what amount
should Off-Line report as cumulative effect of change in accounting principle?
A. $0
B. $500,000
C. $200,000
D. $350,000
Answer: A
Explanation:
Choice "a" is correct. When a change in accounting principle is considered inseparable from a change in
estimate, the change is handled as a change in estimate - prospectively. No cumulative effect adjustment
is made.
Choices "b", "c", and "d" are incorrect since no cumulative effect adjustment is made.
NEW QUESTION: 4


A. Yes
B. No
Answer: B