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NEW QUESTION: 1
SRM is applicable to which supply chain partners?
A. all of a business' customers
B. all of a business' suppliers
C. all of a business' customers and suppliers
D. some of a business' suppliers
E. some of a business' customers
Answer: D
Explanation:
Topic 4, Volume D

NEW QUESTION: 2
Which of the following statement(s) is/are true?
I). The conservatism concept is designed to avoid overstatement of financial strength or earnings.
II). Accountants' preference for using dollar amounts that are relatively factual, as opposed to merely matters of personal opinion, is called objectivity.
III). All expenditures benefiting more than one time period can be precisely divided by accounting periods.
IV). The accrual basis of accounting calls for recording revenue in the period in which it is earned and recording expenses in the period in which they are incurred.
A. I, II, IV.
B. I, II and III.
C. II, III and IV.
Answer: A
Explanation:
I). Conservatism is the traditional accounting practice of resolving uncertainty by choosing the solution that leads to the lower (more conservative) amount of income being recognized in the current accounting period.
II). Objectivity refers to the accountants' preference for using dollar amounts that are relatively factual--as opposed to merely matters of personal opinion. Objective measurements can be verified.
III). Precise allocation to accounting periods is possible with some expenditures, however, for many expenditures, especially those involving assets with relatively long lives, estimations and approximations are necessary.
IV). Under the accrual basis of accounting, the effect of events on the business is recognized as services are rendered or consumed rather than when cash is received or paid.

NEW QUESTION: 3
In the Alert Disposition panel, which fields are presented to configure IBM Tivoli Storage Productivity Center V5.1 (TSPC) to send e-mail alerts?
A. Mail Server, Mail Port, Default Domain, Return To, Reply To
B. TSPC Server, Alert Level, Default Domain, Return To, Reply To
C. Mail Server, Mail Port, Default User, Return To, Reply To
D. TSPC Server, Mail Port, Default Domain, Return To, Reply To
Answer: A


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OSP-002 Exam Info

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OSP-002 Exam Topics

Review the OSP-002 especially if you are on a recertification. Make sure you are still on the same page with what BICSI wants from you.

OSP-002 Offcial Page

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Check what resources you have available for studying.

Schedule the OSP-002 Exam

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