Vendors can have multiple addresses and multiple locations. Addresses are the physical addresses of the vendor; a location corresponds to a unique way of doing business.
Identify the four correct statements regarding locations.
Answer : A,B,D,E
Identify two voucher types for which the Matching process is applicable.
Answer : B,D
A vendor has five locations one each in the New York, Germany, France, Italy, and the
UK. How many vendor ID numbers should be created?
Answer : C
What step is mandatory when creating pay cycles using the Payment Selection Criteria component?
Answer : D
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?
Answer : A,B,D,E
The business calendar is used throughout PeopleSoft applications to define nonworking days and holidays for transaction processing. What are four Business Day Validations?
Answer : B,C,E,G
Which option on the Payment Terms Page when selected enables the system to apply unapplied vouchers to prepayments automatically during the Voucher Posting process?
Answer : D
Which two statements are true about prepayment application to regular vouchers?
Answer : C,D
Reference:
http://docs.oracle.com/cd/E39583_01/fscm92pbr0/eng/fscm/fapy/task_EnteringPrepaidVou chersOnline-9f6e82.html
Which three are supported by the Peoplesoft payment interface?
Answer : A,C,D
Which two statements are true regarding an Accounts Payable inquiry?
Answer : B,C
Reference:
http://docs.oracle.com/cd/E16365_01/fscm91pbr0/eng/psbooks/fspr/chapter.htm?File=fspr/ htm/fspr04.htm
The AP Manager would like to know the payments due in a particular month. Which report will give the appropriate result?
Answer : D
When using the copy PO function on the Regular Voucher page, where does the Payment
Terms value come from by default (meaning at the highest default level and assuming that no options are checked in the Copy PO section of the Payables Definition page)?
Answer : C
The Purchasing Manager has just found a new vendor to purchase the new chairs for the
Purchasing breakroom. A new vendor request form is submitted to add the vendor into the system. Which is good practice to perform prior to creating a vendor in PeopleSoft?
Answer : C
The voucher posting process determines the ledger group for generating accounting entries based on ______.
Answer : C
Reference:
http://docs.oracle.com/cd/E39583_01/fscm92pbr0/eng/fscm/fspf/task_SettingUpInterunitan dIntraunitProcessing-9f1389.html
Is it possible to define voucher entry limits to restrict users from entering vouchers over a certain threshold? Ifyes, how?
Answer : D