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NEW QUESTION: 1
Identify two late charge interest calculation methods.
A. Average Daily Balance
B. Previous Balance
C. Overdue Transactions
D. Adjusted Balance
Answer: A,C
Explanation:
Interest Calculation Methods
You select the calculation method in the Late Charge Calculation Method field in the Credit Limits and Late Charges tab of the Customer Profile Class pages, or on the applicable customer or customer site profile.
The interest calculation methods are:
Average Daily Balance: Calculate late charges based on the average daily balance of overdue invoices. This method is for balance forward bills only. Late Payments Only: Calculate late charges based on the number of days between the payment due date and the actual payment date. This method uses the paid amount as the overdue invoice amount when calculating the late charge. Overdue Transactions Only: Calculate late charges for transactions based on the number of days a payment is late when you submit the Create Late Charges program. Overdue Transactions and Late Payments: Calculate late charges on both overdue transactions and late payments. This option levies the largest late charge amount on a customer.
Reference: Late Charge Interest Calculation Methods: Explained
NEW QUESTION: 2
You need to have an invoice line automatically distributed across multiple cost centers. For example, you want your monthly utility bill allocated across multiple cost centers based on a percentage.
Select two methods to achieve this. (Choose two.)
A. Configure Subledger Accounting rules to allocate costs.
B. Define a distribution set and assign it to the supplier.
C. Choose the 'All Lines' option from the Allocate menu in the invoice line area.
D. Define a distribution set and assign it manually to the invoice.
Answer: A,D
Explanation:
Explanation
A: Account Rules by Segment
Define segment rules to derive a specific segment of the general ledger account. For example, a particular segment like the company segment can be determined from the distribution account. Another segment can be determined with the use of a constant value. Creating the account one segment at a time offers greater flexibility, but also requires more setup.
C: You can use a Distribution Set to automatically enter distributions foran invoice when you are not matching it to a purchase order. For example, you can create for an advertising supplier a Distribution Set that allocates advertising expense on an invoice to four advertising departments.
References:https://docs.oracle.com/cd/A60725_05/html/comnls/us/ap/distsets.htm
NEW QUESTION: 3
Which of the following accurately describes markdowns?
A. Temporary promotions that aim at inducing new customers and converting them to regular customers
B. Refunds offered to customers on the purchase of a product during a limited time period
C. Temporary discounts offered on products and services to stimulate sales during off-peak seasons
D. Price reductions that retailers offer on the initial selling price of the product or service
E. Variable discounts that are based on the quantity of the products being purchased
Answer: D
NEW QUESTION: 4
What is the maximum number of option 66 IP addresses that a Cisco IP SCCP phone will accept and use from a DHCP
server?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: A
Explanation:
Reference:
http://www.techtronicssolution.com/blog/?p=1201
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