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QUESTION NO: 1
In a valuation method, which of the following is not a valuation approach for foreign currency valuation?
Choose the correct answer.
A. High rate of interest principle
B. Strict lowest value principle
C. Revalue only
D. Lowest value principle
Answer: A
QUESTION NO: 2
Identify the reasons for archiving data. Choose the correct answers. 3
A. Improving response times and ensuring good response times.
B. Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups.
C. Using data as a backup.
D. Lowering the effort involved in database administration.
Answer: A,B,D
QUESTION NO: 3
For which of the following transactions can you use noted items? Choose the correct answer
A. Customer payment
B. Late payment
C. Vendor payment
D. Down payment request
Answer: D
QUESTION NO: 4
For which type of account is the line item display generally active? Choose the correct answer.
A. Special general ledger account
B. Reconciliation account
C. Vendor account
D. Customer account
Answer: A
QUESTION NO: 5
When you post a payment for an invoice, how does the system derive the splitting characteristics?
A. Inheritance
B. Active document splitting
C. Default assignment
D. Passive document splitting
Answer: D
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Updated: May 28, 2022