Question 1

Your company wants to generate Intercompany transactions only if the amount Involved is equal to or greater than $3,000 USD.How should you configure Intercompany System Option*; to meet this requirement?

Options :

A : Set 'Minimum Transaction Amount' to 3,000 and 'Minimum entered Currency' to USD.

B : Set 'Minimum Transaction Amount' to 2,999.99 and 'Minimum Entered Currency' to ALL

C : Define intercompany approval rule, to automatically reject intercompany transactions that do not meet the minimum amount requirement.

D : Set 'Minimum Invoice Amount' to 3,000 and 'Invoice Currency' to USD in Payables Invoice Options and Receivables System Options.

Answer: D

Question 2

In Collections, strategies can be executed based on the wait times defined on a strategy task. When the feature is enabled, you can also assign wait times for strategies based on their transaction type. Which condition must be set for the transaction level when defining a new strategy task by transaction type?

Options :

A : Days Early

B : Time

C : DaysLate

D : Not Applicable

Answer: C

Question 3

As an implementer. while importing data from a legacy/third-parly system, you forgot to populate the accounting distribution in the RA_INTERFACE_DlSTRIBUTIONS_ALL table. What happens when you run accounting?

Options :

A : Invoice will get created but accounting will not be created.

B : It will return an error and the data will be stuck in the interface table.

C : Invoice will be created and the system will use the AutoAccounting configuration to create accounting.

D : Neither invoice nor accounting will be created.

Answer: C

Question 4

What is the impact on transactions of changing the billing cycle for a customer or group of customers?

Options :

A : The billing cycle does not have any impact on new transactions.

B : Existing transactions with no activity retain the old billing cycle.

C : Existing transactions with activity adapt the new billing cycle.

D : New transactions after this change inherit the new billing cycle.

Answer: D

Question 5

Which three actions can be performed in the Collections Work Area, which will have an impact on the collection process?

Options :

A : Processing a payment promise in the Transactions Tab.

B : Creating a credit memo in the Transactions Tab.

C : Changing the collector in the Profile Tab.

D : Applying a customer payment in the Aging Tab.

E : Adding new customer contacts in the Contacts tab.

Answer: A,C

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