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NEW QUESTION: 1
As part of month-end closure, you run Accounts Payable Integrity reports to validate the accuracy of your data.
Which integrity report compares the Gross Amount and the Open Amount in the Accounts Payable Ledger (F0411) to the Paid Amount in the Accounts Payable Matching Document Detail (F0414)?
A. AP to GL Integrity by Batch Report (R04701)
B. AP Payments to GL by Batch Report (R04702A) O E) AP Payments to GL Integrity Report (R04712)
C. AP to GL Integrity with Adjustments Report (R04711)
D. AP Payments to Voucher Integrity Report (R04713)
Answer: B

NEW QUESTION: 2
If you have access to an account's child record, what permission does that grant you to the account?
A. Delete
B. Read/Write
C. Read Only
D. Edit
Answer: C

NEW QUESTION: 3
An exchange-traded fund (ETF):
A. is a type of closed-end investment company.
B. charges no management fees.
C. is bought and sold at the net asset value of the fund.
D. can be structured as either a mutual fund or a unit investment trust.
Answer: D
Explanation:
Explanation/Reference:
Explanation: An exchange-traded fund (ETF) can be structured as either a mutual fund or a unit investment trust, which means it is not a type of closed-end company. Shares are bought and sold on exchange floors, just as shares of a closed-end company are, however. Therefore, the price of an ETF is set by supply and demand, so an ETF can not necessarily be bought and sold at its net asset value. Like their cousins, ETFs charge management fees.