Question 1

Which of the following statements is TRUE about processing options?

Options :

A : When a report run is finished the processing options will be restored to the default value.

B : Changes made to processing options are logged for future reference.

C : The user can perform an audit trail on processing option changes.

D : Access to processing options cannot be secured.

E : Changes made to processing options will be saved immediately.

Answer: A

Question 2

Which three rules apply when setting up Invoice Document Type Codes in UDC table 00/DT?

Options :

A : Some document types are hard-coded.

B : Both Invoice and receipt document types are set up In UDC 00/DT.

C : The special handling code must be populated for all document types.

D : All document types are soft-coded.

E : All document types are hard-coded

F :

Invoice document types that are set up In UDC OO/DT should also be set up In UDC 00/DT

Answer: C,D,F

Question 3

As part of month-end closure, you run Accounts Payable Integrity reports to validate the accuracy of your data. Which integrity report compares the Gross Amount and the Open Amount in the Accounts Payable Ledger (F0411) to the Paid Amount in the Accounts Payable Matching Document Detail (F0414)?

Options :

A : AP to GL Integrity with Adjustments Report (R04711)

B : AP Payments to Voucher Integrity Report (R04713)

C : AP to GL Integrity by Batch Report (R04701)

D :

AP Payments to GL by Batch Report (R04702A) O E) AP Payments to GL Integrity Report (R04712)

Answer: D

Question 4

When you are entering an invoice with VAT tax, the system displays hard Error 1480: "Tax

Amount May Not Be Understated."

Which system setting should you review to prevent the error and allow entry of understated

tax amounts?

Options :

A :

Select the "Allow Understatement of Tax Amount" check box in the Tax Rules application (P0022) for the company on the invoice to allow entry of understated tax amounts within the defined tolerance limits.

B :

Set the "Allow Understatement of Tax Amount* processing option to 1 in the Invoice Entry Master Business Function (P03B0011) to allow entry of understated tax amounts within the defined tolerance limits.

C :

Select the "Allow Understatement of Tax Amount" check box in the Tax/Rate Area application (P4008).

D :

Activate the "Allow Understatement of Tax Amount' processing option for Standard Invoice Entry application (P03B11) to allow entry of understated tax amounts.

E :

Select the "Allow Understatement of Tax Amount" check box in the Company Number and Names application (P0010) for the company on the Invoice to allow entry of understated tax amounts within the defined tolerance limits.

Answer: D

Question 5

The system identifies fixed asset journal entries based on the fixed asset range of accounts that you set up in the automatic accounting instructions (AAIs). You can generate fixed asset journal entries through any EnterpriseOne system that creates entries in the 6/L transaction table Account Ledger (FQ911). Which one of the following is NOT the type of Account that falls within the FX range of the AAIs?

Options :

A : Accumulated Depreciation Accounts

B : Operating Expense Accounts

C : Asset Cost Accounts

D : Asset Disposal Accounts

E : Trade Accounts

Answer: D

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