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1. What do you define in payment terms? There are 2 correct answers to this question.
A) Posting key
B) Cash discount
C) Tolerance days
D) Due date specification
2. What are the two phases of AuC that are relevant to Asset Accounting? There are 2 correct answers to this question.
A) Assets transfer phase
B) Useful life phase
C) Accounting phase
D) Under-construction phase
3. A vendor is also a customer. The payment program has to clear the open items. Which setting has to be maintained for the business partner? Please choose the correct answer.
A) The alternative payer and payee
B) The same payment method
C) The same bank details
D) The account link
4. To reduce the load on the system, what should you do with the older documents that exist in the database?
Please choose the correct answer.
A) Delete
B) Backup and delete
C) Archive and delete
D) Extract and delete
5. Which items can you clear with the automatic clearing program? Please choose the correct answer.
A) Bank transaction items
B) Noted items
C) Statistical postings
D) Items with withholding tax entries
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B,D | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: A |
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