Online Access Free 1Z0-216 Practice Test

AutoAccounting automatically generates accounting flexfields for Receivables transactions. Identify four accounts generated by AutoAccounting. (Choose four.)

• A.Receivable
• B.Tax
• C.Freight
• D.Discount
• E.Revenue
• F.Payable

During the testing phase of your implementation, you find that you are unable to delete a journal batch, though it is not yet posted. You ask the technical consultant for help and he emails you a checklist of scenarios in which the batches cannot be deleted. Select three scenarios that would be on the checklist. (Choose three.)

• A.Funds are in the process of being reserved for the batch.
• B.The journal batch has not been posted.
• C.The source is frozen.
• D.Funds have been reserved for the batch.
• E.The journal batch has not been approved.

All receipts that fail validation during AutoLockbox processing remain in the _____ table.

• A.AR_INTERIM_CASH_RCPT_LINES_ALL
• B.AR_PAYMENTS_INTERFACE_ALL
• C.AR_PAYMENT_SCHEDULE
• D.AR_INTERIM_CASH_RECEIPTS_ALL

Sam, the CFO of XYZ Company, wants to prepare the annual capital expenditure budget for the current year with reference to the capital expenditure budget of the previous year. The capital expenditure budget is subdivided into multiple items, and the corporate calendar used at XYZ Company has thirteen periods. Which budget rule must Sam use to minimize the effort.

• A.Current year budget monetary and current year budget statistical
• B.Current year actual monetary and current year actual statistical
• C.Prior year actual monetary and current year budget statistical
• D.Prior year budget monetary and current year budget statistical
• E.Prior year budget monetary and prior year budget statistical

Which three payment terms validations are performed by AutoInvoice for imported balance forward billing (BFB) transactions? (Choose three.)

• A.Transactions withnonbalance forward billing payment terms for balance forward customers have the override terms check box selected.
• B.The transaction is stamped with legal entity information.
• C.All transactions are batched by batch source name and request ID.
• D.Transactions with balance forward billing payment terms have balance forward billing enabled at the account and site profiles.
• E.Transactions with balance forward billing payment terms having the external billing cycle have a billing date.