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NEW QUESTION: 1
Where do you navigate within the Admin Center to create the processes and forms utilized in
Succession?
Please choose the correct answer.
Response:
A. Company Settings
B. Reporting
C. Performance
D. Goal Management
Answer: B

NEW QUESTION: 2
True or False, A CPM service item object can be a "cover" (i.e., has a class that inherits from the Work-Cover- class).
A. False
B. True
Answer: B

NEW QUESTION: 3
Cost of goods sold in Year 2 was:
A. US $180,000
B. US $160,000
C. US $147,000
D. US $167,000
Answer: C
Explanation:
Cost of goods sold equals beginning inventory, plus purchases, minus ending inventory. To determine cost of goods purchases must be calculated. Purchases equal US $167,000$49,000 ending accounts payable + $ 130,000 payments to suppliers - $62,000 beginning accounts payable). Thus, cost of goods sold equals US $ 147,000$120,000 beginning inventory + $167,000 purchases - $140,000 ending inventory).
Balance sheets on December 31, Year 1, and December 31, Year 2, are presented below