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1. Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)
A) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
B) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
C) Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type
D) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
2. Your organization wants to implement a process that helps in recording requisitions, buying goods or services, and managing supplier invoices and payments. Which Financials business process would you recommend to achieve this? (Choose the best Answer.)
A) Asset to Retirement
B) Procure to Pay
C) Budget to Report
D) Invoice to Cash
3. Your organization follows the integrated invoice imaging solution to scan and process sup-plier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing dat a. In which status can these invoices be found? (Choose the best Answer.)
A) Not Validated
B) Needs Revalidation
C) Incomplete
D) Validated
4. John works as a Cash Manager in Glenn Systems and he wants to create the Cash Positioning report by using the predefined system transactions as sources. Identify three predefined sources that John can choose to create this report.? (Choose three.)
A) Purchase Requisitions
B) Purchase Orders
C) AP Payments
D) AR Invoices
E) AP Invoices
5. Which two statements are true about running the financial statements that are designed using Financial Reporting Web Studio? (Choose two.)
A) Financial statements are generated using the data directly from the transactional tables.
B) Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways at any parent level.
C) Financial statements can be generated only in HTML format.
D) Financial statements can be generated using different hierarchies to represent the data from different perspectives.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C,D,E | Question # 5 Answer: B,D |
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