Activedumpsnet Logo
Which four statements are true about creating assets from Payable Invoice lines by using the Create Mass Additions process? (Choose four.)
Your organization has decided to use the automatic reconciliation feature to reconcile bank statement lines with system transactions. Which three components will be useful for the auto-matic reconciliation of bank statements with system transactions? (Choose three.)
Your organization has recently made changes to one of the accounting rules to comply with the new accounting requirement. In which mode will you generate the accounting to verify that the changes made to the rule are producing the desired accounting entries before generating the final accounting? (Choose the best Answer.)
Which process involves the comparison of planned versus actual figures by designing re-ports with the help of state-of-the-art reporting tools? (Choose the best Answer.)
Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature. Which three additional attributes are considered for duplicate invoice check when this feature is enabled? (Choose three.)
Invoice Number TRS11212 for USD 10000 was recorded for the customer Easy Solutions and it became due last week. The customer had made a payment for USD 8000 on the due date and requested for an additional 7 days' time to pay the remaining amount. You have decided to close the original invoice and create another debit item for the remaining amount of USD 2000. Which type of transaction would you create to record the debit item for USD 2000? (Choose the best Answer.)
Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)
Easy Solutions INC has operations in the USA, UK, and Germany. USA is the parent entity and it has two subsidiary entities in UK and Germany. USA and UK entities are sharing the same chart of accounts and calendar, whereas the Germany entity has a different chart of ac-count and calendar due to some statutory requirements. Which consolidation method would you recommend to consolidate the financials balances of the Germany entity with the parent entity in the USA? (Choose the best Answer.)
Glenn Systems wants to deploy automatic controls to spot unusual or inappropriate expenses based on audit percentage, policy violations, specific keywords, and individuals with specific status. Which configuration will help them achieve this? (Choose the best Answer.)
Your organization has decided to automate the entry of cash receipts by using a method where the customer goes and deposits the money directly into your bank account for the due invoices and the banker provides a data file to you. Which method can your organization implement to achieve this? (Choose the best Answer.)
Which three Cash Management infolets do you find in the Analytics section of the home page? (Choose three.)
Glenn Systems owns a luxury car and they want to restrict the amount of depreciation that should be charged to this asset in a particular period. Which two types of depreciation ceiling can they use to achieve this? (Choose two.)
Your organization has decided to use specific business days for which the transactions should be considered in the cash positioning report. Which calendar would you assign to achieve this requirement on the Specify Cash Positioning and Forecast Options page? (Choose the best Answer.)
Your organization wants to implement a process that helps in recording requisitions, buying goods or services, and managing supplier invoices and payments. Which Financials business process would you recommend to achieve this? (Choose the best Answer.)