QUESTION NO: 1
You have created payment terms and associated them with the reference data set. Business unit X has a set assignment of Enterprise set for payment terms.
Payment Term = Net 30, Reference Data Set = Enterprise Set
Payment Term = Net 45, Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30, Reference Data Set = USA Set
Payment Term = Net 45, Reference Data Set = USA Set
If an Invoice is raised under business unit X.
Which payment terms are applicable to the transaction?
You have created payment terms and associated them with the reference data set. Business unit X has a set assignment of Enterprise set for payment terms.
Payment Term = Net 30, Reference Data Set = Enterprise Set
Payment Term = Net 45, Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30, Reference Data Set = USA Set
Payment Term = Net 45, Reference Data Set = USA Set
If an Invoice is raised under business unit X.
Which payment terms are applicable to the transaction?
Correct Answer: B
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QUESTION NO: 2
Which two display columns that impact the Collections Dashboard are defined in the Global Setup Preference Region?
Which two display columns that impact the Collections Dashboard are defined in the Global Setup Preference Region?
Correct Answer: B,C
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QUESTION NO: 3
The Collections Dashboard is comprised of the____________.
The Collections Dashboard is comprised of the____________.
Correct Answer: B
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QUESTION NO: 4
You can click the manager Invoice Lines from the Billing Work Area to find Autoinvoice Exceptions. What parameters are used to summarize the exceptions for review?
You can click the manager Invoice Lines from the Billing Work Area to find Autoinvoice Exceptions. What parameters are used to summarize the exceptions for review?
Correct Answer: C
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QUESTION NO: 5
The method used to capture receipts data in mass while offline and upload the receipts at a later data is called ____________.
The method used to capture receipts data in mass while offline and upload the receipts at a later data is called ____________.
Correct Answer: B
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QUESTION NO: 6
Which two options are features of the Create Automatic Receipts Write-Off program?
Which two options are features of the Create Automatic Receipts Write-Off program?
Correct Answer: C,D
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QUESTION NO: 7
Select a scenario that is NOT eligible for receipt reversal.
Select a scenario that is NOT eligible for receipt reversal.
Correct Answer: A
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QUESTION NO: 8
A Receivables Manager wants to override the receipt remittance bank account with the remittance batch bank account. Select three valid setups that will enable an override of the receipt remittance bank account.
A Receivables Manager wants to override the receipt remittance bank account with the remittance batch bank account. Select three valid setups that will enable an override of the receipt remittance bank account.
Correct Answer: A,B,D
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QUESTION NO: 9
A company has implemented a flat interest calculation late charges. Determine the late charge based on:
-Amount Overdue = $1,500 -Interest Rate = 20% -Days Overdue = 10 -Days in period = 30 -Outstanding Charges = $80
A company has implemented a flat interest calculation late charges. Determine the late charge based on:
-Amount Overdue = $1,500 -Interest Rate = 20% -Days Overdue = 10 -Days in period = 30 -Outstanding Charges = $80
Correct Answer: C
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