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AIWMI CCRA-L2 Exam - Topic 8 Question 22 Discussion

Posted by Ressie on May 03, 2022 at 07:42 AM

Which of the following is not one of the C in the 5 C Model?

Suggested Answer: C

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9 comments · newest first
CA
Casey 1 year ago
I thought Conditions was the odd one out!
SE
Selma 1 year ago
Capital is one of the C's, right?
XE
Xenia 1 year ago
Wait, are you sure about that?
NI
Nilsa 1 year ago
I agree, it's not part of the 5 C's.
CA
Cary 1 year ago
It's definitely not Covenants.
EL
Elina 1 year ago
Alright, I've got it. The overstatement of $1.2 million means the original gross profit was too high, so I need to subtract that. But the understatement of $1.5 million means the original gross profit was too low, so I need to add that. The correct gross profit is $15 million + $1.5 million - $1.2 million = $15.3 million.
VI
Vicki 1 year ago
I've got a good feeling about this. Based on the information provided, I think the rounding configuration would be in the Sales & Receivable Setup. That's where I'd start looking.
RE
Reena 1 year ago
Hmm, this seems like a tricky one. I'll need to think through the different privacy protection models and how they apply to specific sectors.
GA
Garry 1 year ago
Hmm, I'm a bit unsure about this one. The question mentions an ID, but the options show different HTML elements. I'll need to think through how to access the text of an element with a specific ID.
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