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C8 Exam Dumps : Business Acumen for Compensation Professional

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Business Acumen for Compensation Professional Questions and Answers

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Question 1

The Alpha company ships an order to a customer on March 1st and invoices the customer for the product with the shipment, with payment terms of net 30 days. The customer’s payment is received on April 5th. The payment clears the bank and shows on Alpha’s account on April 8th. If Alpha is using accrual accounting, when does it record the revenue for this sale?

Options:

A.

March 1st

B.

March 31st

C.

April 5th

D.

April 8th

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Question 2

Regarding market position, a business with a high market share but low growth potential is typically referred to as what?

Options:

A.

A Star

B.

A Question Mark

C.

A Market Leader

D.

A Cash Cow

Question 3

What information is found on the balance sheet?

Options:

A.

A list of what is owned, what is owed and the equity of an entity

B.

The revenues and expenses incurred by an entity over a period of time

C.

The change during the reporting period in cash and cash equivalents

D.

The profitability of the company as of a specific date

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