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1. To reduce the load on the system, what should you do with the older documents that exist in the database?
Choose the correct answer.
Response:
A) Delete
B) Archive and delete
C) Extract and delete
D) Backup and delete
2. On what basis does the system determine the period for the asset retirement?
Response:
A) Net book value
B) Asset value date (asset retirement date)
3. When assigning dunning charges to a dunning procedure, what options do you have? (There are two correct answers.)
A) To assign a fixed amount and a percentage. The system posts the larger amounts.
B) To assign a dunning charge percentage without assigning a fixed amount.
C) To assign a fixed amount and a percentage. The system posts the smaller of the two amounts.
D) To assign a fixed amount without assigning a dunning charge percentage.
4. Which program is used to enter accruals and deferrals regularly?
Choose the correct answer.
Response:
A) Recurring entry program
B) Ledger grouping
C) Devising program
D) Compact document journal
5. Which data sections are part of every asset class?
There are 2 correct answers to this question.
Response:
A) Account determination data section
B) Valuation area data section
C) Master data section
D) Depreciation data section
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: B,D | Question # 4 Answer: A | Question # 5 Answer: C,D |
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