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1. A company has implemented the Supplier Portal WITHOUT the invoice approval workflow. When a supplier enters an invoice WITHOUT a purchase order match, what is the status of the invoice request?
A) Incomplete
B) Invalid
C) Complete
D) In Progress
E) In Process
2. Which three accounting event types are predefined for the Accounting Event Class Prepayment Applications?
A) Prepayment Adjusted
B) Prepayment Unapplied
C) Prepayment Validated
D) Prepayment Application Adjusted
E) Prepayment Applied
3. Identify three statements that are true for a supplier's bank details.
A) Accounts Payables use bank account information to generate an electronic payment for a supplier.
B) Bank details are required only for manual check payments.
C) Updating bank accounts for a supplier will NOT affect bank accounts for existing supplier sites.
D) Suppliers maintain their Bank details.
E) Bank accounts can be added at any time for a supplier or supplier site.
4. Identify three correct statements about creating and maintaining supplier profile entities.
A) Transaction Controls are maintained at supplier site level.
B) Bank Accounts can be created and maintained at supplier and supplier site level.
C) One supplier address can be associated with one or more supplier contacts and one contact can be associated with one or more addresses.
D) Tax Registrations can be created and maintained only at the supplier level.
E) Multiple sites can NOT be created for the same address.
5. An employee traveled to a different city on a business trip. During the course of travel, the employee used the corporate card provided by his company for both business and personal expenses.
Upon his return, the employee created an expense report. The company is processing the expense report as Both Pay Corporate Card Transactions.
What will the result be?
A) Reimbursements will be made to the employee instead of the corporate card issuer.
B) Both business and personal expenses will be reimbursed to the employee.
C) Reimbursement will be made to the employee and the corporate card Issuer.
D) All expenses incurred using a corporate card will be paid to the card Issuer.
E) Only business expenses incurred using the corporate card will be reimbursed to the card Issuer.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,D,E | Question # 3 Answer: A,C,E | Question # 4 Answer: B,C,D | Question # 5 Answer: E |
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