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Pass CIIB Exam Cram

Exam Code: CIIB

Exam Name: Certificate in Investment Banking

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
DRAG DROP




Answer:
Explanation:

Explanation


NEW QUESTION: 2
Which three statements are true about prepayments? (Choose three.)
A. You cannot enter prepayments invoices in the Quick Invoice window.
B. You cannot change a permanent type prepayment to a temporary type prepayment.
C. A prepayment is a type of invoice that you enter to make an advance payment to a supplier or employee.
D. Temporary prepayments can be applied to invoices or expenses reports. Permanent prepayments cannot be applied to invoices.
E. You can only partially apply a prepayment to an invoice if the prepayment is partially paid.
F. It is not necessary to void the payment document that paid the prepayment to cancel an applied prepayment. You simply need to unapply the prepayment and cancel it.
Answer: A,C,D

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