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NEW QUESTION: 1
Note: This question is part of a series of Questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, whale others might not have a correct solution-After you answer a question in this section, you will NOT be able to return to it- As a result, these questions will not appear in the review screen.
You have a Microsoft SQL Server instance that has R Services (In-Database) installed.
You need to monitor the R jobs that are sent to SQL Server.
Solution: You register an Extended Events package.
Does this meet the goal?
A. Yes
B. No
Answer: A

NEW QUESTION: 2
Company Z has implemented Payables, General Ledger, and Project Accounting. Both Transfer to GL and Interface Supplier Costs are processed each night. A descriptive flexfield called SAI Value has been defined on the invoice header to capture additional information, and is used in conjunction with the accounting on the invoices. This is not a required field. There is a corresponding user-defined hold called SAI Hold, which is manually applied whenever an invoice is created and the SAI Value has not been provided to Company Z by the supplier. During weekly reviews of accounting, users have found that invoice transactions that are on SAI Hold are displayed in Project Accounting but not in General Ledger.
Select what is causing this issue.
A. The Payables Accounting process has not been run.
B. Invoices have not been validated.
C. The current Project Accounting period is closed.
D. Accounting is not being created by the user-defined hold.
E. The descriptive flexfield field must be a required field, and not an optional field.
F. The current General Ledger period is closed.
Answer: D

NEW QUESTION: 3
In June, Bubba bought 100 shares of XYZ at $35. In November, he bought a listed put in XYZ with a $35
strike price and a July expiration for a premium of $600. In April, Bubba exercises the put option and uses
his stock for delivery. What is his resulting tax consequence?
A. cannot be determined without knowing the market price of XYZ upon exercise
B. this is a wash sale and cannot be included in the investor's tax calculations
C. a $600 capital loss
D. neither profit nor loss
Answer: C
Explanation:
a $600 loss. The strike price and Bubba's purchase price are the same. He has a $600 loss
on the option for the premium he paid.

NEW QUESTION: 4

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


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CPACC Exam Info

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

CPACC Exam Topics

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

CPACC Offcial Page

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

Schedule the CPACC 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.