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QUESTION NO: 1
Which three statements are true in relation to Financial Transaction creation algorithms?
(Choose three.)
A. They control how the payoff balance is affected.
B. They control when a Financial Transaction is to be swept onto a bill.
C. They control how the current balance is affected.
D. They control how the General Ledger details are created as these must always exist against a
FinancialTransaction.
E. They control if and how the General Ledger entries are created.
Answer: A,B,E
QUESTION NO: 2
Which statement is true about specifications?
A. Specifications can include peer specifications.
B. A single specification can only be used on one asset.
C. Specifications include the inspection history of an asset.
D. Specifications apply only to assets and not to components.
Answer: B
QUESTION NO: 3
Which major entities hold the key geographic, demographic, and financial information related to a customerwho is financially responsible for a property?
A. Account, Bill, Premise, Service Agreement, Service Port
B. Account, Customer Class, Premise, Service Agreement, Service Port
C. Account, Person, Premise, Service Agreement, Service Port
D. Account, Customer Class, Person, Premise, Service Agreement
E. Account, Bill, Customer Class, Premise, Service Agreement
Answer: C
QUESTION NO: 4
When a customer has a specific price for a defined quantity which is different to other customers, where is thisspecific price for the related Bill Factor defined?
A. Bill Factor Characteristic
B. Calculation Rule
C. Service Agreement - Contract Value
D. Bill Factor Value
E. Account Characteristic
Answer: C
QUESTION NO: 5
Which three statements are true in relation to a Payment Arrangement Request? (Choose three.)
A. determines if the Payment Arrangement Request requires approval
B. creates the Payment Arrangement Service Agreement
C. ensures creation of either Pay Plan or Payment Arrangement
D. examines the Account's eligibility for Payment Arrangement
E. calculates delinquent amount for Service Agreements eligible for Payment Arrangement
Answer: A,B,D
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Updated: May 28, 2022