Online Access Free 1z0-962 Exam Questions

Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)

• A.The Transaction Summary Report shows only transactions with a status of received.
• B.The ledger balancing lines are generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
• C.The Reconciliation Period Summary Report shows the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
• D.The Clearing Company Balancing Lines appear in the Intercompany Reconciliation Summary Report.
• E.You need to submit the Extract Intercompany Reconciliation Data job.

You schedule print runs of transactions and balance forward bills according to the needs of your enterprise.
Which three statements are true? (Choose three.)

• A.If you have not printed a transaction, the View Print button (Preview of Print) displays the transaction according to the default template in BI Publisher.
• B.It is not recommended to print transactions and balance forward bills directly from BI Publisher.
• C.If you have printed a transaction, the View Print button will not display a preview of the print.
• D.It is recommended that you always print directly from BI Publisher to give you more control over the templates in case you need to change them.
• E.Both the transaction, or each transaction in a balance forward bill, will be marked as printed in the system.

What information does the Collector see in the Activities List area of the Collections Dashboard?

• A.summary of aged transactions
• B.status of processing activities from the Process Monitor
• C.customer's profile for each assigned customer
• D.tasks assigned to the Collector, such as follow-up calls
• E.customer search as per the parameter specified

You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows. Business Unit X has a set assignment of Enterprise Set for payment terms.
Payment Term = Net 30; Reference Data Set = Enterprise Set
Payment Term = Net 45; Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30; Reference Data Set = USA Set
Payment Term = Net 45; Reference Data Set = USA Set
If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?

• A.Net 30 (Enterprise Set), Net 45 (USA Set)
• B.Net 30 (Enterprise Set), Net 45 (Enterprise Set)
• C.Net 45 (Enterprise Set), Net 45 (USA Set)
• D.1%/10 Net 30 (USA Set), Net 45 (USA Set)

Which transactions are included when transactions of specified customers are selected in the Create Balance Forward Billing Program?

• A.transactions have a Bill Type of Imported
• B.transactions that have the Print Option set to Do Not Print
• C.transactions that have the selected payment terms
• D.transactions that were included in a previous Balance Forward Bill