1Z0-516 · Question #188
Sam, the CFO of XYZ Company, finds that in the expenditure budget of the current year, there are many funds available in the stationery account, whereas there is not much amount left for employee…
The correct answer is B. There must be some budgetary control enabled on the stationery account, and a transfer can be. See the full explanation below for the reasoning.
Question
Sam, the CFO of XYZ Company, finds that in the expenditure budget of the current year, there are many funds available in the stationery account, whereas there is not much amount left for employee travel expenses. Sam instructs the budget analyst John to transfer 80% of the stationery account to the travel expenses account. While transferring the amount, John encountered errors and approached Sam for a resolution. Sam reviews the situation and clarifies it to John. Choose what Sam would have explained to John.
Options
- AThere must be some budgetary control enabled on the travel expenses, and a transfer can be
- BThere must be some budgetary control enabled on the stationery account, and a transfer can be
- CThere must be some budgetary control enabled on the stationery and travel expenses accounts,
- DIt is not possible to transfer amount from one account to another unless the absolute amount is
How the community answered
(65 responses)- A3% (2)
- B77% (50)
- C6% (4)
- D14% (9)
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