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NEW QUESTION: 1
In a payment run, the data entered for a payment method in the document may differ from the master data. How is this resolved by the system?
A. The payment run stops and the system issues an error message.
B. The payment run temporarily stops, and the system prompts you to correct the data. After you have corrected the data, the payment run continues.
C. Master data overrides document data.
D. Document data overrides master data.
Answer: D
NEW QUESTION: 2
Upon receiving approval via a majority vote of its shareholders, a mutual fund is permitted to:
A. issue preferred stock.
B. retain any dividends and capital gains that it earned on its portfolio rather than paying them out to the
shareholders.
C. engage in margin transactions.
D. change from a diversified company to a non-diversified company.
Answer: D
Explanation:
Upon receiving approval via a majority vote of its shareholders, a mutual fund is permitted to
change from a diversified company to a non-diversified company. The fund is not allowed to engage in
margin transactions, fail to make dividend and capital gain distributions, or issue preferred stock under
any circumstances.
NEW QUESTION: 3
A. Option C
B. Option A
C. Option B
D. Option D
Answer: C
Explanation:
Explanation
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