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| Section | Objectives |
|---|---|
| Topic 1: Tax and Accounting Integration | - Tax configuration and calculation
|
| Topic 2: Reporting and Period Close | - Period close activities
|
| Topic 3: Supplier Management | - Supplier setup and maintenance
|
| Topic 4: Payments Processing | - Payment processing and execution
|
| Topic 5: Invoice Processing | - Invoice creation and validation
|
| Topic 6: Payables Setup and Configuration | - Payables application configuration
|
Which method can you use to route payment approval rules?
Correct Answer: D 🗳️
You created a payment and before it is cashed by the supplier you mistakenly submitted a request to stop payment. Later you canceled the request to stop payment. What is the resulting payment status?
Correct Answer: B 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
You need to route invoices to three different approvers at the same time, and only one approver needs to approve the invoice.
Which approval ruleset should you use?
Correct Answer: D 🗳️
During an expense audit the auditor marks an expense item that is missing a receipt to be Short Paid. They choose to complete the audit and warn the user.
Given that the Expense Report Audit Approval is set to After Manager Approval, what two are valid results of the auditor action?
Correct Answer: B,C 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
What is the difference between subject areas that append the word "Real Time" and those that do not?
Correct Answer: D 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
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