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NEW QUESTION: 1
An employer profit sharing plan may be described as:
A. a tax deferral plan
B. a retirement plan
C. an income tax deduction
D. all of the above
Answer: D
Explanation:
Explanation/Reference:
Explanation: all of the above. A profit sharing plan has tax deductible contributions and is designed to provide a retirement plan for participants. Income in the plan is tax-free until withdrawn.
NEW QUESTION: 2
You are the accounts receivable manager at you company. The company receives an advance of 10,000
USD against a sales order from the customer. The tax authorities require the company to report the sales tax on the advance amount, even though the sales have not been made.
You need to ensure that this requirement is fulfilled.
What should you do?
A. Report withholding sales tax against a prepayment voucher.
B. Report sales tax on prepayment against a prepayment voucher.
C. Report conditional sales tax against a prepayment voucher.
D. Report sales tax exemption against a prepayment voucher.
Answer: A
NEW QUESTION: 3
A company uses Dynamics 365 for Sales. The company has not made changes to any of the default security roles.
You need to ensure that users can assign salespeople to sales territories.
Which security role can you use?
A. CEO - Business Manager
B. Sales Person
C. Delegate
D. Marketing Professional
Answer: A
Explanation:
References:
https://docs.microsoft.com/en-us/dynamics365/customer-engagement/admin/set-up-sales-territories-organize-business-markets-geographical-area
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