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sattari
18 days ago
7

salesforce cpq Universal Containers (UC) has an approval structure that involves both the Deal Desk and Finance teams. UC wants

to send both Approval requests simultaneously when a Quote is submitted to reduce the time for Quote approval. Which Approval type best suits UC’s needs?
Business
1 answer:
Nady [2.9K]18 days ago
5 0

Response:

D. Advanced Approvals; a series of Approval Steps can be configured within a single Approval Chain to dispatch Approval requests simultaneously.

Clarification:

Advanced approvals refer to the method utilized by employees in businesses seeking permission for quotes. The approval request undergoes examination based on established approval rules that verify compliance with required standards. Once evaluated, the requests are directed to the assigned approvers for their acceptance. In instances where several approval requests need to be dispatched at the same time, the approval chain guarantees that these multiple requests are processed in parallel or in sequence to the approvers. Full approval is contingent upon acceptance from all approvers.

Thus, for Universal Containers aiming to submit requests at the same time to both teams, establishing multiple approval steps within a single approval chain allows for parallel transmission of approval requests.

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On January 1, 2021, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30
Mariulka [3175]

Answer:

Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

Explanation:

The bond issue price is calculated as ($10 million * $101) = $10,100,000

The bond's face value is = $10,000,000

The bond premium equals $10,100,000 - $10,000,000

Thus, the bond premium is $100,000

                                   Journal entry

                                                    Debit                   Credit

Cash                                        $10,100,000

Premium on bonds payable                                $100,000

Bonds payable                                                     $10,000,000

Conclusion: Therefore, upon issuance, Ozark should "Credit premium on bonds payable $100,000"

7 0
24 days ago
Ultra Co. uses a periodic inventory system. The following are inventory transactions for the month of January: 1/1 Beginning inv
soldi70 [3139]

Answer:

$830,000

Explanation:

For the month of January, Ultra Co.'s inventory details are:

Date               Units   Unit total      Cost per unit     Total cost   

January 1             20,000           $260,000       $13        

January 20          30,000           $710,000         $15        

January 23          40,000           $1,390,000       $17      

January 31          (50,000)         ($16.60)    ($830,000)

Ending inventory                     40,000                     $560,000

Applying the last-in, first-out (LIFO) method, COGS equals (40,000 units x $17) + (10,000 units x $15) = $680,000 + $150,000 = $830,000.

5 0
24 days ago
It is April 19, 2012 and you suddenly remember that your credit card bill is due the next day. You have the money in your checki
Nady [2956]

Answer: One potential action is to contact the credit card company to inquire if the payment can be made over the phone.

Explanation:

Other alternatives for settling a credit card bill without mailing include online payments. You'll need to create an online account, which typically requires your account number and some identification details. After registering, you can select the pay now feature to use your debit card or an online checking option for payment. It will process swiftly, though it may take a day to reflect in your account.

Most credit card companies offer an automated service allowing customers to make payments during the call. You'll require your card number, social security number, and debit card details for this transaction. While these payments are commonly free, it may vary based on the specific credit card provider.

8 0
1 month ago
Allo Foundation, a tax-exempt organization, invested $200,000 in cost-saving equipment. The equipment has a five-year useful lif
harina [3203]

Answer:

Net Present Value = $ 34,310.45  

Explanation:

The Net Present Value (NPV) represents the difference between the present value of cash inflows and outflows. A positive NPV indicates a favorable investment decision, while a negative value suggests otherwise.

NPV of a project

NPV = Present Value of Cash inflows - Present Value of Cash outflow  

The cash inflow is characterized as an annuity.

Present Value of annuity= A × 1 - (1+r)^(-n)/r  

A refers to Annual cash flow, - 65,000, r is the discount rate at 12%, and the term is 5 years.

Calculation for Present Value of cash inflow equals 65,000 × (1 - (1.12)^(-5)/0.12) =  234,310.45.

The initial investment is 200,000.

Thus, the Net Present Value calculation is  -  234,310.45  -200,000 = 34,310.45  

Net Present Value = $ 34,310.45  

4 0
1 month ago
Which of the following is an example of external-operational communication?
Mariulka [3175]

Response:

c. Advertisements published by companies on their websites for the general public

Explanation:

External-operational communication is characterized as dialogue, interaction, or correspondence related to work that a business entity conducts with individuals or groups, such as customers, government bodies, suppliers, etc., external to the organization.

An example of external-operational communication is the advertisements that companies display on their websites targeting the general public.

4 0
13 days ago
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