Online Access Free 1z0-573 Practice Test

Which three statements are truewithregard to the Accounts Payable and General Ledger interface?

• A.General Ledger business units define most of the accounting processing for their associated Payables business units.
• B.Payables journal templates for ACCRUALS and PAYMENTS are tagged at the General Ledger business unit definition level.
• C.The base currency for a Payablesbusiness unit is defined by the General Ledger business unit with which it is associated.
• D.Tagging a VAT-enabled General Ledger business unit to a Payables business unit makes the Payables business unit VAT applicable.
• E.APayablebusiness unit can be tagged to multiple General Ledger business units but not vice versa.

At the location Set Up Financials/Supply Chain>Product Related>Procurement Options>Vouchers>Session Defaults, what three Voucher Session Defaults can be defined?

• A.By Primary Permission List
• B.By User
• C.By User Groups
• D.All Users
• E.By SetID

Which option on the Payment Terms Page when selected enables the system to apply unapplied vouchers to prepayments automatically during the Voucher Posting process?

• A.Prepayment by BU
• B.Payment Terms
• C.Prepay/Third/Claim Pay Terms
• D.All other claims
• E.Automatically Apply Prepayment

The voucher posting process determines the ledger group for generating accounting entries based on ______.

• A.the ledger group tagged at the "Ledgers for a unit" setup of the voucher payables business unit
• B.the ledger group tagged at the "Ledgers for a unit" setup of the voucher general ledger business unit
• C.the ledger group entered at the voucher header level by a user on the voucher creation page
• D.the ledger group entered at the voucher distribution level by a user on the voucher creation page
• E.the ledger group tagged at the Payables Definition setup of the voucher payables business unit

Which report is used to verify the payments before check generation/EFT payments?

• A.AP Trial Payment Register
• B.Detailed Check Register
• C.Prompt Pay Report
• D.Payment Forecast
• E.Voucher Register