Question 1

Which Standard Reports contain columns with Alternate Ranges? (Choose two.)

Options :

A : Transaction Detail

B : Budget vs. Actua

C : Comparative Income Statement

D : Comparative Balance Sheet

E : Comparative Trial Balance

Answer: C,D

Question 2

Which statement is true about item pricing?

Options :

A : Item pricing only uses Custom Pricing.

B : Item pricing may be set per Item Class.

C : Item pricing may be imported via CSV.

D : Item pricing may be set per Customer Category.

Answer: C

Question 3

Which depreciation methods are pre-configured with the Fixed Asset Module? (Choose two.)

Options :

A : Tax Reducing Method

B : 10% Reducing Balance

C : 300DB

D : 200DB

E : Sum of Years Digits

Answer: C,D

Question 4

One item on a Return Authorization is damaged and will not be added back into Inventory.

Which Accounting PReference: needs to be enabled to process the Return Authorization?

Options :

A : Write-Off Account for Returns

B : Enforce Minimum Quantity on Return Authorizations

C : Credit in Advance of Vendor Return

D : Allow Overage on Item Receipts

Answer: A

Question 5

Which statement is true about Vendor Return Authorizations?

Options :

A : Returning fewer items than what was ordered is allowed.

B :

Once saved, the Vendor Return Authorization is recorded in the register, which is a posting account in the Chart of Accounts.

C : The status on a Vendor Return Authorization is always Pending Return.

D :

Once saved, increasing the quantity or changing the rate creates an improper GL impact and is not recommended.

Answer: A