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CTSC Practice Questions
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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 current General Ledger period is closed.
B. The descriptive flexfield field must be a required field, and not an optional field.
C. Invoices have not been validated.
D. Accounting is not being created by the user-defined hold.
E. The Payables Accounting process has not been run.
F. The current Project Accounting 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. neither profit nor loss
B. this is a wash sale and cannot be included in the investor's tax calculations
C. cannot be determined without knowing the market price of XYZ upon exercise
D. a $600 capital loss
Answer: D
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 B
B. Option A
C. Option D
D. Option C
Answer: B,C
CTSC FAQ
Q: What should I expect from studying the CTSC Practice Questions?
A: You will be able to get a first hand feeling on how the CTSC 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 CTSC 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 CTSC Premium or Free Questions?
A: We recommend the CTSC Premium especially if you are new to our website. Our CTSC Premium Questions have a higher quality and are ready to use right from the start. We are not saying CTSC Free Questions aren’t good but the quality can vary a lot since this are user creations.
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A: Reach out to us here CTSC FAQ and drop a message in the comment section with any questions you have related to the CTSC Exam or our content. One of our moderators will assist you.
CTSC Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CTSC Exam.
CTSC Exam Topics
Review the CTSC especially if you are on a recertification. Make sure you are still on the same page with what APICS wants from you.
CTSC Offcial Page
Review the official page for the CTSC Offcial if you haven’t done it already.
Check what resources you have available for studying.
Schedule the CTSC 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.