APA CPP-Remote Q&A - in .pdf

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  • Exam Code: CPP-Remote
  • Exam Name: Certified Payroll Professional
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NEW QUESTION: 1
Which of the following statements are true regarding Contract-based Invoice?
Note: There are 2 correct answers to this question.
Response:
A. A contract-based invoice is an invoice that is entered and matched against a release order contract
B. Suppliers cannot do contract-based invoicing through the Ariba Network.
C. A contract-based invoice is an invoice aligned with an existing contract or blanket purchase order within Ariba
D. Contract-based invoicing enforces negotiated contract terms and pricing
Answer: C,D

NEW QUESTION: 2
If your new business (in which you have invested $50,000, which you previously kept in savings, earning 10% interest) earns an accounting profit of $30,000 in the first year, and you had previously been employed as a ditch-digger, earning $10,000 per year, your economic profit is:
A. -30,000.
B. $20,000.
C. 15,000.
Answer: C
Explanation:
Economic profit is total revenue minus both explicit and implicit costs. Accounting profit includes only explicit costs. Thus your economic profit is 30,000 - 10,000 (foregone salary) - 5,000
(foregone interest) = 15,000. The $50,000 is not an opportunity cost, because it is not gone, merely invested in the business.

NEW QUESTION: 3
How can additional job application filters be enabled for the user?
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B. Only the filters visible In the list are supported.
C. Page personalization has to be used.
D. Clicking on the gear icon in the filter panel allows you to make additional filters available.
Answer: A

NEW QUESTION: 4
Which is the purpose of the Change theme?
A. Assess and control uncertainty
B. Establish mechanisms to monitor and compare actual achievements against those planned
C. Prevent change to baselined products
D. Identify, assess and control any potential and approved changes to baselined products
Answer: D

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