Which of the Following Messages Exist Only in PIM-SM? (Select

question 178

Multiple Choice

Which of the following messages exist only in PIM-SM? (Select 2 answers)

• A) Join/Prune
• B) Assert
• C) Bootstrap
• D) Register

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Definitions:

Periodic Inventory System

An inventory accounting system where the inventory balance is updated at specific intervals, rather than continuously.

Retained Earnings

The portion of net income that is not distributed to shareholders but is kept by the company to be reinvested in its core business or to pay debt.

Year-end Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at the final day of the financial year.

Gross Profit

The financial performance metric that subtracts the cost of goods sold from total sales revenue.