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  • Exam Code: CORe
  • Exam Name: Supply Management Core Exam
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1

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

NEW QUESTION: 2
Which of the following relationships regarding shares of common stock are necessarily true?
I. shares outstanding > issued shares
II. authorized shares ≥ issued shares
III. issued shares = treasury shares
IV. issued shares ≥ shares outstanding
A. II and IV only
B. I, II, and III only
C. II, III, and IV only
D. I and II only
Answer: A
Explanation:
Explanation/Reference:
Explanation: Only Selections II and IV are necessarily true. The number of authorized shares must always be greater than or equal to the number of shares that the firm offers to the public, which are the issued shares. The number of issued shares will be equal to the number of shares outstanding as long as the firm doesn't buy back any of its outstanding shares. Otherwise, the number of issued shares will exceed the number of shares outstanding since issued shares = shares outstanding + treasury shares. The issued shares would only be equal to the treasury shares if the firm repurchased all its shares outstanding.

NEW QUESTION: 3
Which of the following is not true about the advantages of adopting ISO 9000 standards?
A. Adoption of ISO 9000 standards may allow the company to sell products in foreign markets.
B. ISO registration makes customers more comfortable with the supplier's products and services.
C. ISO registration may help companies discover internal process and quality improvements.
D. ISO 9000 allows companies to understand who internal customers and users are without sharing private information.
Answer: D
Explanation:
Market pressure is usually the main driving force for companies that adopt ISO 9000 standards. However, many of the companies that register uncover internal process and quality improvement as a result. ISO 9000 forces companies to share information, which leads to a better understanding of who internal customers and users are.

NEW QUESTION: 4
What needs to be done when the Recurring Price field is not showing on product setup?
A. Use of Recurring price and cost needs to be enabled on the user page.
B. Recurring price and cost needs to beenabledunderApplicationparameters.
C. Recurring price and cost needs to be enabled on Attribute settings of the product.
D. The pricing mechanism needs to be set to pricebook and the Recurring price column needs to be filled.
Answer: B

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