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Exam Code: L3M3
Exam Name: Contract Administration
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
Which of the following would be the MOST effective method for detecting duplicate payments?
A. Assessing payment history for reasonableness and approval
B. Using a cryptographic hashing algorithm
C. Reviewing sequence numbers and time stamps for each transaction
D. Enciphering and deciphering the message digest
Answer: C
NEW QUESTION: 2
A. Option B
B. Option C
C. Option A
D. Option D
Answer: D
NEW QUESTION: 3
The following statements about dividends and dividend policy were made at a recent
meeting:
1) According to the residual theory of dividend policy, once a company has invested in or retained sufficient profits for future positive net present value opportunities, it should pay out the remaining profit as dividends.
2) Companies generally try to smooth out dividend payments by adjusting gradually to changes in earnings, so as to avoid sending out confusing signals to investors.
3) Scrip dividends enable a company to declare dividends but avoid paying out cash. Instead existing shareholders are given new shares in the business at no extra cost to the shareholders.
Which combination of the above statements is true?
A. 1, 2 and 3
B. 2 and 3 only
C. 1 and 2 only
D. 1 and 3 only
Answer: A
NEW QUESTION: 4
Arrange the steps in the correct order to insert a text box in a document.
Answer:
Explanation:
Explanation:
The steps to insert a text box in a document are as follows:1.Open the document in which the text box is to be inserted.2.Click on the Insert tab.3.Select Text Box from Text group. 4.Select a style from different built-in styles.
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