Online Access Free 1z1-573 Exam Questions

Which two statements are true about prepayment application to regular vouchers?

• A.A Prepaid voucher can be applied to many regular vouchers but not vice versa.
• B.Withholding cannot be applied on prepaid vouchers.
• C.A Prepaid voucher will not be available for applying to regular vouchers until it is paid.
• D.A Prepaid voucher cannot be paid in more than one regular payment schedule.

Which four dates are used in conjunction with the voucher payment terms to calculate the net due date, discount due date (if applicable), and the scheduled due date?

• A.Doc Date (document date-date voucher is entered)
• B.Rec Date (reconciliation date)
• C.Inv Date (invoice date)
• D.Recpt Date (receipt date)
• E.User Date (user-specified date)

The accounts payable team is tasked with reviewing the aging of different payments for a
vendor or group of vendors. Choose the review page that is appropriate for this.

• A.Scheduled Due Aging
• B.Vendor Aging
• C.Past Due Aging
• D.Vendor Current Balances

Which four items are default attributes for duplicated invoices?

• A.SetID
• B.Vendor Address Sequence
• C.Business Unit
• D.Invoice Number
• E.PO Requestor
• F.Vendor ID
• G.Invoice Date

What report is used to reconcile data from the Payables and Procurement departments?

• A.AP/GL Journal Reconciliation Report
• B.Match Exception Report
• C.Voucher Register
• D.AP/GL Open Liability Account Reconciliation Report
• E.Control Group Register