Your client would like to know if they should set up additional customer records or use Line of Business processing.
Why would you want to activate Line of Business processing?
A. To set up multiple sets SIC values for the customer.
B. To use a different default business unit for invoice entry.
C. To establish multiple Address Book records.
D. To establish a credit limit hierarchy by company.
E. To set up multiple sets of default information for the customer by company.
Your client is using Multi-Currency.: What designates an invoice as Foreign?
A. The revenue account you assign to the-invoice designates it as foreign.
B. The currency field contains the same value as the Base field.
C. The currency field contains a different value from the Base field.
D. An exchange rate exists on the invoice.
E. The Currency field is foreign.
Your client is going through a data cleansing exercise. They are trying to delete account records In the Account Master table that will not be needed in the future. You encountered records that cannot be deleted. Which tables contain records that cause the Inability to delete the desired accounts?
A. F0902, F0901 and F0010
B. F0911, F0901, and F0006
C. F0911 and F0902
D. F0911, F0902, and F0006
E. F0911, F0902, and F090
When you know a draft is paid, the draft is closed. On a draft, what does the pay status # indicate?
A. The draft has been accepted.
B. The draft is on hold.
C. The draft has been closed.
D. The draft has been selected for payment.
E. The draft is approved.
Which three statements are TRUE about Visual Assists?
A. A Visual Assist Is available for all entry fields in JDE.
B. A Visual Assist will automatically populate the entry field with the correct value.
C. A Visual Assist will guide the user in selecting a valid value for an entry field.
D. A Visual Assist is not always available for all entry fields In JDE.
E. A Visual Assist will reduce the errors made during data entry.
A client wants 'Use Tax' to post to a separate account by tax rate area. Which of the following is the best way to set this up?
A. Set the automatic accounting instruction PT to post to a BU. OBJ. Then set up the chart of accounts with BU.081 SUB, where the SUB Is equal to the tax authority.
B. Set up the tax rate area to point to PTyyyy and setup the PYyyyv to point to different accounts by tax rate area.
C. Set the automatic accounting instruction PT to post to a BU. OBJ. Then setup the chart of accounts with BU.OB3. SUB, where the SUB is equal to the tax rate area.
D. Set up automatic accounting instructions PTyyyy, where yyyy is equal to the tax rate area.
E. Instruct the Account Payable user to enter the distribution to different accounts based on the tax rate area.
Your financial implementation client lead needs assistance on understanding the Detail Method of Intercompany settlements. You explain that the Detail Method uses _______to track Intercompany settlements and the company associated with the first journal entry line acts as the _________ for the transaction.
A. Subsidiaries, detail company
B. Subledger, hub company
C. Subledgers, consolidation company
D. Subledgers, detail company
E. Subsidiaries, hub company
Your client submitted the Annual Close application to close their fiscal year. When you dose a fiscal year, which AAI Items does the system use?
A. 6LG4 retained earnings and GLGxx all GL accounts
B. GLG4 retained earnings, GLG12 ending profit and loss, and GLG7 year-end close account
C. GLG4 retained earnings, GLG12 ending profit and loss, and the ICCC Inter-company account
D. GLG4 retained earnings and FSxx interim subtotals
E. GLG4 retained earnings, GLG6 beginning revenue account and GLG12 ending profit and loss
You have a clearing account that is out of balance and you elect to use the Debit/Credit Match program to assist in the reconciliation. Which four steps are required?
A. Running the Bank Journal Statement Process.
B. Refreshing account information in the Account Ledger Reconciliation table.
C. Reconciling void payments and receipts.
D. Unreconciling transactions when needed.
E. Manually Reconciling transactions.
Your client wants you to help them define their business units. Which statement is TRUE regarding business units?
A. Business units coded with a 'BS1 in the Business Unit type field cannot be used for income statement accounts.
B. Business units do not allow category codes.
C. Business units are duplicated in each company.
D. Business units are the lowest organizational reporting level for your company.
E. Business units do not allow level of detail.
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