Online Access Free 1z1-322 Exam Questions

How can Accounts be linked to Persons?

• A.There is no limit to the number of Relationship Types that can be created and used to link Accounts to Persons.
• B.Only one Person can be linked to an Account at a time.
• C.An Account can have a Main Customer and an alternate Customer.
• D.You can link accounts to Persons through Billing Hierarchy, Statement Hierarchy, Legal Hierarchy.
• E.There is no limit to the number of Contracts that can link a Person to an Account.

Which two options allow a specific price, percent, or flat charge to be directly specified on a Rate Component?

• A.Rate Component Value Algorithm
• B.Bill Factor Value
• C.Bill Factor
• D.Explicitly Specified
• E.Service Quantity

Which two statements are correct about Option Types?

• A.OptionTypes can be used in your Enter, Exit, and Auto Transition Algorithms.
• B.For multi Option Types,the framework returns the option value "nearest" to the BO.
• C.Option Types allow you to add fields to a BO/State without having to change the database.
• D.For single Option Types, the framework assembles the list of option values from the top of the hierarchy to the bottom.
• E.No option types on a Business Object, only Maintenance Objects

Which option describes the minimum steps to be performed to assign a PriceList to an account?

• A.Configure Rates, Create Rate Definitions, Create Products, Create Exchange Rates, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
• B.Configure Rates, Create Rate Definitions, Create Tiering Criteria, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
• C.Configure Rates, Create Rate Definitions, Create Products, Assign Productsto PriseLists, Create Pricing, Assign PriceList to Account
• D.Configure Rates, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account
• E.Configure Rates, Create Rate Definitions, Create Products, Assign Products to PriseLists, Create Pricing, Assign PriceList to Account, Create Override Pricing

Using Open Item accounting means that ________.

• A.payments are matched to the newest debt
• B.payments are matched to specific debts
• C.payments are held on different Accounts to debt
• D.payments can be split across multiple Contracts
• E.the oldest debt is reduced by Payments