<span>Absorbing markov chains are used in marketing to model the probability that a customer who is contacted by telephone will eventually buy a product. consider a prospective customer who has never been called about purchasing a product.</span>
Answer: Indirect Lookup relationship
Explanation:
Indirect lookup relationship is used when there is no Salesforce ID in the external data. So this relationship basically links the external object which is the 'child' to the custom object which is the 'parent'.
As the question states, universal containers has included its orders as an 'external data object' into salesforce. Now it wants to create a link or relationship between accounts and orders objects. This is possible through indirect lookup relationship.
Answer:
e. A process cannot cross functional area boundaries.
Explanation:
Every process of a business will have an input for providing any kind of output desired from the process.
Further a business process is designed so that all the steps are error free, and also the processes are measurable, as to what extent the process will be error free, or what will be its output impact.
Further any process which do not create value, shall be avoided and thus, all the processes create value.
The correct option is:
Statement e.
Answer:
The correct option will be option B.
Dr Accounts Receivable $100
Cr Service Revenue $100
Explanation:
The reason is that the service was delivered and the money was received at just after the service delivered (the same day). So there is no need to pass the entry which includes cash received against receivables because here the cash received is because we have delivered services no because of any amount receivable.
So the entry that must be passed:
Dr Cash $100
Cr Service Revenue $100
And what we have done is:
Dr Cash $100
Cr Accounts Receivables $100
The correct entry would be removal of the effect of decrease in receivable which must be increased and increase in revenue which has not been recognized.
So the entry is that will correct the books of accounts will be:
Dr Accounts Receivables $100
Cr Service Revenue $100