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NEW QUESTION: 1

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

NEW QUESTION: 2
D18912E1457D5D1DDCBD40AB3BF70D5D
You need to configure the system to support the inventory costing requirement.
Which two actions should you perform? Each answer represents a complete solution.
NOTE:Each correct selection is worth one point.
A. one item group each for perfume, ceramicware, and other goods
B. one FIFO item model group and one Standard item model group
C. one FIFO item group
D. one default item group for all items
E. onefinancial dimension for each item group
Answer: A,B

NEW QUESTION: 3
Which of the following statements are incorrect regarding identifiable assets? Select ALL that apply.
A. Assets can also be identifiable if they arise from contractual or legal rights
B. Net assets must be identifiable at acquisition
C. To be identifiable assets must be separable from the subsidiary
D. Contingent assets and liabilities are examples of exceptions to the rules governing identifiable assets
E. Deferred tax assets and liabilities are not classed as identifiable assets
Answer: D,E


CIPT FAQ

Q: What should I expect from studying the CIPT Practice Questions?
A: You will be able to get a first hand feeling on how the CIPT exam will go. This will enable you to decide if you can go for the real exam and allow you to see what areas you need to focus.

Q: Will the Premium CIPT Questions guarantee I will pass?
A: No one can guarantee you will pass, this is only up to you. We provide you with the most updated study materials to facilitate your success but at the end of the of it all, you have to pass the exam.

Q: I am new, should I choose CIPT Premium or Free Questions?
A: We recommend the CIPT Premium especially if you are new to our website. Our CIPT Premium Questions have a higher quality and are ready to use right from the start. We are not saying CIPT Free Questions aren’t good but the quality can vary a lot since this are user creations.

Q: I would like to know more about the CIPT Practice Questions?
A: Reach out to us here CIPT FAQ and drop a message in the comment section with any questions you have related to the CIPT Exam or our content. One of our moderators will assist you.

CIPT Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CIPT Exam.

CIPT Exam Topics

Review the CIPT especially if you are on a recertification. Make sure you are still on the same page with what IAPP wants from you.

CIPT Offcial Page

Review the official page for the CIPT Offcial if you haven’t done it already.
Check what resources you have available for studying.

Schedule the CIPT Exam

Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.