Question 1

Identify two values that default from Customer Profile Classes. (Choose two.)

Options :

A : Business Purpose

B : Statement Cycle

C : Legal Entity

D : Tax

E : Payment Terms

Answer: A,D

Question 2

Which four output file types are available when you run the ''Print Receivables Transactions'' program?

Options :

A : JPG

B : PDF

C : Excel

D : HTML

E : Word

F : Zipped PDFs

Answer: A,B,C,D

Question 3

Your customer has three business units. The customer wants to share customer account addresses across these business units.Which reference data set can be used to achieve this?

Options :

A : Create a new reference data set for account addresses and assign it to the business units.

B : Assign a COMMON reference data set to the business units, which share the account addresses.

C : Assign an enterprise reference data set to the business units, which share the account addresses.

D : Create a separate reference data set for each business unit and assign it to each unit

Answer: B

Question 4

Which setup is required to ensure that the same tax is applied on both intercompany payable and intercompany receivable invoices?

Options :

A : Intercompany invoicing must be enabled in Payables Invoice Options.

B : Same tax rate code must be populated in Intercompany System Options for both Payables and Receivables invoices.

C : Intercompany invoicing must be enabled in Receivables System Options.

D : Receiver and provider business units and legal entities must be subscribed to the applicable tax regime on the transaction date.

Answer: D

Question 5

You are investigating the Receivables to General Ledger Reconciliation Report and must explain any variances to your Accounting Manager.What two variance amounts should you expect to investigate in this report? (Choose two.)

Options :

A : Tax Variance

B : Intercompany Variance

C : Accounting Variance

D : Receivables Variance

Answer: C,D