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Pass 8013 Exam Cram

Exam Code: 8013

Exam Name: PRM Exam 1: Finance Foundations

Version: V15.35

Q & A: 208 Questions and Answers

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Section B (2 Mark)
Last year, Owen Technologies reported negative net cash flow and negative free cash flow. However, its cash on the balance sheet increased. Which of the following could explain these changes in its cash position?
A. The company had a sharp increase in its inventories.
B. The company had a sharp increase in its depreciation and amortization expenses.
C. The company issued new common stock.
D. Statements a and b are correct.
Answer: C

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, while 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 an Excel workbook that contains a table named Table1. A sample of the data in Table1 is shown in the following table.

You need to create a PivotTable in PowerPivot as shown in the exhibit.

Solution: You create a hierarchy named Products that contains ProductCategory, ProductSubCategory, and ProductName. You add a PivotTable. You drag Products to the Rows field. You drag Price to the Values field.
Does this meet the goal?
A. No
B. Yes
Answer: B
Hierarchy Products that contains ProductCategory, ProductSubCategory, and ProductName

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