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NEW QUESTION: 1
What is the name of the Platform parameter that controls how long a password will stay valid whenOne Time Passwords are enabled via the Master Policy?
A. Immediatelnterval
B. Timeout
C. MinValidityPeriod
D. Interval
Answer: B

NEW QUESTION: 2
The following information regarding a change in credit policy was assembled by the Wilson Wax
Company. The company has a required rate of return of 10 percent and a variable cost ratio of 60 percent.
The pretax cost of carrying the additional investment in receivables, using a 360-day year, would be:
A. $9,600
B. $960
C. $5,760
D. $8,160
Answer: C
Explanation:
Choice "a" is correct.
Step 1 Determine the average accounts receivable balance and the additional accounts receivable as
follows:

Therefore, the accounts receivable balance is $96,000 higher under the new credit policy.
Step 2 Determine the additional INVESTMENT in the additional accounts receivable.
Although Wilson has an additional $96,000 in accounts receievable, Wilson's actual investment in the
additional accounts receivable is only 60% of $96,000 (because variable costs are 60% of sales).
Wilson's investment in the additional accounts receivable is calculated as follows:
$ 96,000 x 60% = $57,600
Step 3 Calculate the cost of carrying the additional accounts receivable.
Wilson's additional investment in accounts receivable is $57,600 and we are given a 10% required rate of
return. This means that Wilson's carrying cost of $5,760 is calculated as follows:
$ 57,600 x 10% = $5,760

Choices "b", "c", and "d" are incorrect, per the above calculation.

NEW QUESTION: 3




Answer:
Explanation:

Explanation