Question 1

A Cloud customer has decided to use Custom data points loaded by using REST API for Credit Management setup.After creating Custom data point definitions, which three data point values need to be provided to successfully create a new value? (Choose three.)

Options :

A : Account Number or Party Number

B : Currency code

C : Data Point ID

D : Data Point Description

E : Data Point Lookup

Answer: A,B,C

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 a state tax of 20% and a city tax of 10% as non-inclusive tax rates that are applicable on a transaction line. Your invoice has two lines: Line1 with $600 USD and Line2 with $400 USD.What will be the resulting tax and invoice amounts for your tax invoice?

Options :

A : state tax of $166.67 USD for the invoice, city tax of $16.67 USD, and an invoice total of $1,184.34 USD.

B : state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,257.78 USD.

C : state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,000 USD.

D : state tax of $200 USD for the invoice, city tax of $10 USD, and an invoice total of $1,210 USD.

E : state tax of $200 USD for the invoice, city tax of $100 USD, and an invoice total of $1,300 USD.

Answer: A

Question 4

You have created two transactions with a 30-day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest.Which statement is true when the create bills receivable batch is processed for a customer on January 31, 2015?

Options :

A : A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 2, 2015.

B : A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as February 28, 2015.

C : A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 30, 2015.

D : Two Bills Receivable transactions are created with maturity dates as March 30, 2015 and April 1, 2015.

E : Two Bills Receivable transactions are created with the issue dates as January 29, 2015 and January 31, 2015.

F : Two Bills Receivable transactions are created with the issue date and accounting date as January 29, 2015 and January 31, 2015, respectively.

Answer: D

Question 5

A company s policy is always to apply customer payments to debit and credit items, starting with the oldest due date. Which function should you include in the default Auto-cash rule?

Options :

A : Clear the past due invoices grouped by payment terms

B : Clear the account

C : Match payment with Invoice

D : Apply to the oldest invoice first

E : Clear past due invoices

Answer: D