NS0-304 Certification

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NEW QUESTION: 1
A multinational organization has multiple divisions that sell their products internally to other divisions. When selling internally, which of the following transfer prices would lead to the best decisions for the organization?
A. Full cost
B. Variable cost plus a markup
C. Full cost plus a markup.
D. Market price of the product
Answer: D

NEW QUESTION: 2
Which of the following statements would be regarded as describing best practice?
A. control procedures should be relaxed generally for internal confirmations
B. chasers on internal confirmations should be sent less frequently than those for external confirmations
C. internal transactions should not be confirmed as there is no credit risk involved
D. internal confirmations should be subject to the same procedures as those in place for external clients
Answer: D

NEW QUESTION: 3
Which of the following would not appear on a trade confirmation?
A. All of the above items appear on a trade confirmation.
B. the client's account number
C. the settlement date
D. the commission
Answer: A
Explanation:
Explanation/Reference:
Explanation: All of the items listed appear on a trade confirmation-the client's account number, the commission, and the settlement date-as well as a lot of additional information.

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