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NEW QUESTION: 1
If the Solutions Enabler 8.0.x lockbox password is lost, which method can be used to recover the password?
A. Password cannot be recovered
B. stordaemon command
C. symcfg command
D. Unisphere for VMAX
Answer: A

NEW QUESTION: 2
Which one of the following represents methods for converting accounts receivable to cash?
A. Trade discounts, cash discounts, and electronic funds transfers.
B. Factoring, pledging, and electronic funds transfers.
C. Trade discounts, collection agencies, and credit approval.
D. Cash discounts, collection agencies, and electronic funds transfers.
Answer: D
Explanation:
Choice "c" is correct. The following are methods of converting accounts receivable (AR) into cash:
1 . Collection agencies - used to collect overdue AR.
2 . Factoring AR - selling AR to a factor for cash.
3 . Cash discounts - offering cash discounts to customers for paying AR quickly (or paying at all). For
example: 2/10, net 30.
4 . Electronic fund transfers - a method of payment, which electronically transfers funds between banks.
Therefore, only choice "c" matches the above list.
Choice "a" is incorrect. Trade discounts offer discounts on future merchandise purchases offered to trade
customers. These discounts do not turn AR into cash.
Choice "b" is incorrect. Pledging AR as collateral on a loan does not convert AR into cash.
Choice "d" is incorrect, per choice for "a" above.

NEW QUESTION: 3

Answer:
Explanation: