Online Access Free 1z0-573 Practice Test

Which three statements are true about voucher payments?

• A.Payment for a prepaid voucher cannot be recorded manually.
• B.The reference ID for a voucher payment is derived from "Last Ref Number" defined at the bank account - payment method level.
• C.Payment cancellation can be undone as long as the payment posting is not run.
• D.Payments cancelled with the "Void" option get reconciled automatically.
• E.Manual payments cannot be cancelled.

Which two statements are true regarding an Accounts Payable inquiry?

• A.Saved search option is available in the Voucher inquiry, Match workbench, and Accounting entries inquiry screens.
• B.Prepaid vouchers must not be paid to appear under unapplied prepayments in a vendor current balances inquiry.
• C.From and To Payment dates are required fields to display charts on the Payment inquiry page.
• D.Review Scheduled payment information does not allow users to enter both vendor ID and vendor short name in the search criteria.

Which two payment review pages have Pay cycle drilldown?

• A.Summary Data
• B.Payment
• C.Prepayments
• D.Detail Data
• E.Summary Metric

Choose the correct statement regarding a 1099 withholding voucher.

• A.Sales Tax is always considered for calculating Withholding basis amount
• B.Applicable Withholding basis amount is calculated when the voucher is created
• C.Only Sales and Use tax are considered for calculation of Withholding basis amount
• D.Freight tax is never used while calculating Withholding basis amount
• E.Use tax is not 1099 applicable

What are four different options for making payments?

• A.ACH
• B.DTCC
• C.FIX
• D.Giro
• E.Chips
• F.Wire transfer