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NEW QUESTION: 1
Which statement is true about an external id field? Choose 2 answers
A. The field contains unique records identifiers from a system outside of salesforce
B. The field must contain at least one number and at least one letter
C. The field must be unique since duplicates are not allowed within salesforce
D. The field can beunique based on case-sensitive or case-insensitive values.
Answer: A,C
NEW QUESTION: 2
On 1 January 20X7 GH purchased plant and equipment at a cost of $400,000. The temporary differences in respect of this plant and equipment at 31 December 20X7 and 20X8 have been calculated as follows:
Assume that there are no other temporary differences in the periods and that the corporate income tax rate is 25%. GH is expected to have significant taxable profits in the future.
Which of the following is the correct impact in GH's statement of financial position at 31 December 20X8 in respect of deferred tax?
A. Decrease in the deferred tax liability.
B. Increase in the deferred tax asset.
C. Increase in the deferred tax liability.
D. Decrease in the deferred tax asset.
Answer: B
NEW QUESTION: 3
With fixed deferred annuities;
A. the credited rate is determined fiscally and declared by the insurance company
B. the credited rate is periodically re-determined and declared by the insurance company
C. the debited rate is periodically re-determined and declared by the organization
D. the debited rate is determined fiscally and declared by the organization
Answer: B
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