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1. Which two are Late Charge Calculation Methods?
A) Overdue Invoices Only
B) Credit Items and Disputed Transactions
C) Adjustment
D) Late Payments Only
2. When you run Auto lnvoice. the process may generate a list of records that fail validation.
Using which two methods/features, can you display the Auto lnvoice errors in an Excel workbook?
A) The Import Exceptions Infotile
B) The Manage Transactions task
C) The Incomplete Infotile
D) The Manage Auto lnvoice Lines task
3. Which three receipts can be automatically applied by a system? (Choose three.)
A) miscellaneous receipts
B) receipts that are unapplied
C) receipts that are manually created
D) receipts created in a lockbox and uploaded
E) receipts created in a spreadsheet and uploaded
4. Your organization has decided to use the Portal Upload delivery method for some of their customers. You will be using this in place of other options, such as Print Email, or XML to deliver customer invoices.
Which step must be performed in the system to deliver transactions to your customers by using the Portal Upload method?
A) Run the Create Customer Statement process in Scheduled Processes.
B) Create a custom-preferred delivery method in the Manage Receivables System Options task in Functional Setup Manager.
C) Create a custom preferred delivery method in the Manage Receivables Lookups task in Functional Setup Manager.
D) Select Portal Upload as a delivery method on Customer Profile under Invoicing.
E) Select Portal Upload as a delivery method on Customer Profile under Statement and Dunning.
5. When you move revenue on an invoice line from an unearned account to an earned revenue account, Receivables ______________.
A) removes the pending sales credits
B) removes the invoice line revenue contingencies
C) leaves the invoice line revenue contingencies until Automatic Revenue Recognition is run
D) leaves the invoice line revenue contingencies until Reconcile Revenue Contingencies is run
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: A,D | Question # 3 Answer: A,C,D | Question # 4 Answer: D | Question # 5 Answer: B |
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