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NEW QUESTION: 1

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

NEW QUESTION: 2
P is an accountant working in a business Which of the following circumstances might create a self- interest threat for P in her professional role?
A. A client is threatening P's dismissal over a disagreement about the review of accounting policies
B. P is concerned over her employment security
C. The company is being threatened by litigation
D. P is required to review data after previously being involved in its preparation
Answer: B

NEW QUESTION: 3
CORRECT TEXT
What value will be output when the following code is executed?
TEST: PROC OPTIONS(MAIN);
DCLA(*) CONTROLLED FIXED BIN(31);
ALLOC A(10);
CALL SUB(A); PUT SKIP LIST( HBOUND(A,1));
SUB: PROC( B);
DCL B(*) CONTROLLED FIXED BIN(31);
ALLOC B(2*HBOUND (B,1));
ALLOC B( 2*HBOUND(B,1)); END;
END;
A. 0
B. 1
C. 2
D. 3
Answer: C

NEW QUESTION: 4
In a decision analysis situation, which one of the following costs is generally not relevant to the decision?
A. Opportunity cost.
B. Historical cost.
C. Avoidable cost.
D. Incremental cost.
Answer: B
Explanation:
Choice "c" is correct. Historical cost is generally not relevant in a decision analysis situation. All of the
following costs are relevant in a decision analysis situation:
A. Incremental cost
B. Avoidable cost
D. Opportunity cost