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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 can beunique based on case-sensitive or case-insensitive values.
D. The field must be unique since duplicates are not allowed within salesforce
Answer: A,D
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. Increase in the deferred tax liability.
B. Increase in the deferred tax asset.
C. Decrease in the deferred tax asset.
D. Decrease in the deferred tax liability.
Answer: B
NEW QUESTION: 3
With fixed deferred annuities;
A. the debited rate is determined fiscally and declared by the organization
B. the debited rate is periodically re-determined and declared by the organization
C. the credited rate is periodically re-determined and declared by the insurance company
D. the credited rate is determined fiscally and declared by the insurance company
Answer: C
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