Question 1

Your client needs to consolidate their financial information from various business sites. Which statement does NOT represent a difference between a Multi-Site Consolidation and other Organizational Structure?

Options :

A :

Multi-site consolidation uses elimination rules; Organizational Structure does not use these rules.

B :

You cannot consolidate the balance of multiple locations in a mufti-site consolidation, but you can perform this activity with organizational reporting structure.

C : Multi-site consolidation can process consolidation from non-EnterpriseOne applications.

D :

User Defined Codes 00/01 through 00/30 and 09/01 through 09/23 must be updated prior to defining the business unit and account structure.

E :

The Organizational Structure Definition application updates the Structure Definition table.

Answer: E

Question 2

As part of month-end closure, you run Accounts Payable Integrity reports to validate the accuracy of your data. Which integrity report compares the Gross Amount and the Open Amount in the Accounts Payable Ledger (F0411) to the Paid Amount in the Accounts Payable Matching Document Detail (F0414)?

Options :

A : AP to GL Integrity with Adjustments Report (R04711)

B : AP Payments to Voucher Integrity Report (R04713)

C : AP to GL Integrity by Batch Report (R04701)

D :

AP Payments to GL by Batch Report (R04702A) O E) AP Payments to GL Integrity Report (R04712)

Answer: D

Question 3

When you are entering an invoice with VAT tax, the system displays hard Error 1480: "Tax

Amount May Not Be Understated."

Which system setting should you review to prevent the error and allow entry of understated

tax amounts?

Options :

A :

Select the "Allow Understatement of Tax Amount" check box in the Tax Rules application (P0022) for the company on the invoice to allow entry of understated tax amounts within the defined tolerance limits.

B :

Set the "Allow Understatement of Tax Amount* processing option to 1 in the Invoice Entry Master Business Function (P03B0011) to allow entry of understated tax amounts within the defined tolerance limits.

C :

Select the "Allow Understatement of Tax Amount" check box in the Tax/Rate Area application (P4008).

D :

Activate the "Allow Understatement of Tax Amount' processing option for Standard Invoice Entry application (P03B11) to allow entry of understated tax amounts.

E :

Select the "Allow Understatement of Tax Amount" check box in the Company Number and Names application (P0010) for the company on the Invoice to allow entry of understated tax amounts within the defined tolerance limits.

Answer: D

Question 4

Which set of tables does the One View Supplier Ledger Inquiry application (P042022) combine information from?

Options :

A : Accounts Payable Ledger (f0411), Supplier Master (F0401), and Address Book (F0101)

B :

Accounts Payable Ledger (f0411), Supplier Master (F0401), and Business Unit Master (F0006)

C :

Accounts Payable Ledger (F0411), Supplier Master (F0401), and Account Master (F0901)

D :

Accounts Payable Ledger (F0411), Supplier Master (F0401), and Accounts Payable - Matching Document (F0413)

Answer: C

Question 5

Which three rules apply when setting up Invoice Document Type Codes in UDC table 00/DT?

Options :

A : Some document types are hard-coded.

B : Both Invoice and receipt document types are set up In UDC 00/DT.

C : The special handling code must be populated for all document types.

D : All document types are soft-coded.

E : All document types are hard-coded

F :

Invoice document types that are set up In UDC OO/DT should also be set up In UDC 00/DT

Answer: C,D,F

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