Cisco®
CompTIA
Checkpoint
ISC
EC-Council
EXIN
Fortinet
ITIL®
Juniper
PMI
Microsoft
VMware
Avaya
Google
Salesforce
Amazon
Palo Alto Networks
ISC2
Splunk®
Scrum
All Vendors
  2. Home
  3. Exams
  4. WorldatWork
  5. T7

Free T7 Exam Braindumps (page: 3)

Page 2 of 24
PDF with 89 Questions

What is a constructive obligation?

  1. When a company recognizes the expected cost of profit-sharing and bonus payments
  2. When a company has no realistic alternative but to make payments
  3. When a change in the company’s informal practices would cause unacceptable damage to its relationship with employees
  4. The required accounting entry for liabilities or accrued expenses or cash paid

Answer(s): C



What are the usual and customary costs that a company incurs to support its main business called?

  1. Operating expenses
  2. Current liabilities
  3. Current debt
  4. Total expenses

Answer(s): A



Which of the following are ingredients of the fundamental qualitative characteristics of faithful representation?

  1. Complete, neutral, freedom from error
  2. Assets, liabilities, equity
  3. Predictive value, confirmatory value, relevance
  4. Comparability, verifiability, timeliness

Answer(s): A



When the economic consequences of a standard or rule is ignored, which characteristic is being represented?

  1. Neutral
  2. Verifiability
  3. Complete
  4. Relevance

Answer(s): A






Post your Comments and Discuss WorldatWork T7 exam with other Community members: