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C-S4CPR-2108 Braindumps VCE
  • Exam Code: C-S4CPR-2108
  • Exam Name: SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Procurement Implementation

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NEW QUESTION: 1
A sinking fund requirement is when
A. there is a commitment by the buyer to sell the fund to the purchaser at a specified price at a designated future date.
B. there is a commitment by the seller to buy the same fund back from the purchaser at a specified price at a designated future date.
C. an indenture requires the issuer to retire a specified portion of the issue each year.
Answer: C
Explanation:
A sinking fund requirement is when an indenture requires the issuer to retire a specified portion of the issue each year.

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