Accounting

Question 1

7. In order to validate the combination of account and tax code in the analysis string, an
   account rule typically uses:
   a) An indirect relation where TAXCODE is the relation and ACCOUNT is the attribute;
   b) A direct relation where TAXCODE owns ACCOUNT;
   c) A direct relation where ACCOUNT owns TAXCODE;
   d) An indirect relation where ACCOUNT is the relation and TAXCODE is the attribute.

Answer 1

d) An indirect relation where ACCOUNT is the relation and TAXCODE is the attribute.

Question 2

8. With respect to flexi-fields on the customer master file, which one of the following
   statements is FALSE?
   a) Flexi-fields may be included in customer server reports;
   b) Flexi-fields may be part of the customer element type;
   c) Flexi-fields may be included in a browser enquiry on customer;
   d) Flexi-fields may be used in customer workflow.

Answer 2

a) Flexi-fields may be included in customer server reports;

Question 3

9. A workflow user step must include the following:
   a) An action, a deadline and a function;
   b) A deadline, a function and a rule group;
   c) An action, a function and a rule group;
   d) A rule group, an action and a deadline.

Answer 3

c) An action, a function and a rule group;

Question 4

10. With respect to standard enquiries, which one of the following statements is FALSE?
    a) A standard enquiry can be included in the Reports menu;
    b) A standard enquiry has two modes: simple and setup;
    c) A standard enquiry can include trees;
    d) A standard enquiry can include flexi-fields.

Answer 4

a) A standard enquiry can be included in the Reports menu;

Question 5

11. Reversal confirmation has a parameter called Transaction Type. If in your setup you
    find 3 possible values for the parameter what that means?
    a) There is more than one transaction type connected to reversal transaction series;
    b) There is more than one type of transaction types that can be reversed;
    c) There is more than one posting cycle open for the reversals transaction series;
    d) There is more than one transaction type with treatment code 23.

Answer 5

d) There is more than one transaction type with treatment code 23.

Question 6

12. With regard to transaction and period reallocation triggers, which one of the following
    statements is TRUE?
    a) Both transaction and periodic triggers use a transaction types with treatment code
    PR;
    b) Transaction triggers are driven by the TPS, whereas periodic triggers are driven by a
    server process;
    c) Both transactions and periodic triggers are driven by the TPS;
    d) Both transactions and periodic triggers definitions must be client-specific.

Answer 6

b) Transaction triggers are driven by the TPS, whereas periodic triggers are driven by a
server process;

Question 7

13. Each of the following values/factors determines if a customer invoice appears on a
    reminder letter, EXCEPT for:
    a) The invoice’s complaint code and date;
    b) The customer’s payment method;
    c) The status of the invoice;
    d) The customer’s collection code definition.

Answer 7

b) The customer’s payment method;

Question 8

14. Which one of the following is not required to build a new supplier?
    a) Supplier group ID;
    b) Currency code;
    c) Collection code;
    d) Payment method.

Answer 8

c) Collection code;

Question 9

15. If payment to a supplier is within 1 euro of the invoice amount and you want to
    consider that payment in fully, this must be specified in:
    a) The supplier group;
    b) The supplier master file;
    c) The company information window;
    d) The supplier payment terms.

Answer 9

c) The company information window;

Question 10

16. The credit terms specifies each of the following EXCEPT:
    a) The date payment is expected by your supplier;
    b) Up to 2 due date calculations based on different invoice dates;
    c) Discount percentage;
    d) A discount currency amount.

Answer 10

d) A discount currency amount.

Question 11

17. Which of the following is FALSE about a remittance item which is in the Payment
    information maintenance window:
    a) Has been through remittance proposal;
    b) Has been through remittance confirmation;
    c) Has updated GL with payments;
    d) Has status of I in an Open and historical items for all suppliers enquiry.

Answer 11

c) Has updated GL with payments;