Free IOFM APS Exam Dumps Questions & Answers

The general rule for determining independent contractor status looks at evidence in each of the following categories, EXCEPT:

• A.The type of relationship established between the parties
• B.The degree of control the employer exercises over the worker's work results
• C.The amount of control the employer has over the worker's finances
• D.The job title assigned to the worker

Which of the following IRS documents addresses travel & entertainment (T&E) expenses?

• A.Publication 463
• B.Form 1046
• C.Advisory 972
• D.Notice 1009

Which of the following techniques is NOT recommended to help protect confidential data?

• A.When approached at your desk, turn off your monitor and turn papers face down
• B.Save reports to a portable USB drive and give that to the requestor instead of emailing them
• C.Shred unneeded paper documents or put them in a secure disposal container
• D.When leaving your work area even briefly, lock your computer down

Electronic Data Interchange (EDI) has not gained more widespread use, particularly by small and medium- size companies, in part because of:

• A.Security concerns
• B.Government regulations
• C.Staff resistance
• D.Costly technology

What is an important reason an organization's tolerance level for discrepancies between a PO and an invoice should be kept confidential?

• A.To keep procurement alert to not making mistakes
• B.To prevent vendor fraud
• C.To allow overages to be deposited into a secure fund for executive use
• D.To avoid scrutiny by internal audit