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NEW QUESTION: 1
What happens when you delete an object that is related to a junction object by a lookup relationship?
A. The intersection object is deleted
B. The junction object is deleted
C. The related fields in the junction object is deleted
D. The master records are deleted
Answer: C
NEW QUESTION: 2
A. Option C
B. Option B
C. Option A
D. Option D
Answer: C
NEW QUESTION: 3
Cash collections from customers in Year 2 were:
A. US $344,000
B. US $341.000
C. US $338,000
D. US $335,000
Answer: B
Explanation:
Cash collections from customers equals beginning accounts receivable, plus sales revenue, minus accounts written off, minus ending accounts receivable. In Year 2, Cash collections from customers were US $341.000$95,000 + $338,000 - $3,000 - $89,000). Balance sheets on December 31, Year 1, and December 31, Year 2, are presented below