Exam Code: GRCP
Exam Name: GRC Professional Certification Exam
Version: V13.25
Q & A: 72 Questions and Answers
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NEW QUESTION: 1
A. Option C
B. Option D
C. Option A
D. Option B
Answer: D
Explanation:
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NEW QUESTION: 2
The inter-area route summarization function is configured in which router?
A. BR
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D. ABR
Answer: D
NEW QUESTION: 3
A client transfers inventory between warehouses within the same company. Both warehouses carry the inventory at the same cost. In the Journal entries tor the transfer, the client finds that the batch amount is blank.
Identify the correct reason why this happened.
A. The cost is incorrect for one of the warehouses. the client should reverse the transfer, verify the cost, and reenter the transaction.
B. The client should carry the Inventory cost at different amounts for each warehouse. This approach ensures that a variance Journal entry is created.
C. The client should reverse the transfer transaction, create an issue to remove quantity from the old location, and then create an adjustment to add quantity to the new location.
D. No correction is necessary. A batch with a blank amount is correct.
E. The AAIs are set up Incorrectly. Correct the AAls so that the journal entry amount will appear.
Answer: D
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