Elton John
What is the first step in manually entering receivable transactions?
Create Invoices
Interface Transaction
Create Batch Header
Apply Payment
Create Batch Header
A company adds bar coded assets through a hand-held terminal. Which one of the following is required when using bar coding to add an asset item?
Asset location
Asset template
Asset account group
Company book calendar
Asset template
The reconciliation process, when an account has a Period End Reconciliation, it has a status of which one of the following?
In Process
Closed
Pending Approval
Open
Open
Which one of the following is used to create journal entries for adding, transferring, or disposing of assets?
Asset System Accounts
Asset Account Group
Asset Summery Group
Asset Group
Asset Account Group
Which two of the following can you use to reconcile a bank statement?
Reconcile by cash management account
Reconcile by month
Reconcile by financial institution
Reconcile by cash management account
Reconcile by bank statement
You are handling statement line exceptions in Infor FSM Cash Management. When exceptions exist in bank statements, which one of the following must you do before proceeding.
Delete the exceptions
Flag the exceptions
Record the exceptions
Resolve the exceptions
Resolve the exceptions
Which one of the following processes in the Payable module creates a journal entry in the Global Ledger?
Approving the invoice
Paying the invoice
Journalizing the distributions
Journalizing the distributions
Which one of the following applies to both creating or maintaining an Asset Dimension Group?
Change the Asset Dimension Group to update all assets assigned to it
Assign the Asset Dimension Group to one company
Fill out only the Finance Dimension Field on the Asset Dimension Group
Fill out all rows on the Asset Dimension Group
Fill out all rows on the Asset Dimension Group
You are interpreting the results of a Database Tier session Debug using the Infor Rich Client. Which one of the following search strings is the filter that will not be passed to the database?
Database filter
Virtual
Filter
Post process filter
Virtual
You are matching invoices to receipts at the line-item level, including item numbers, cost, and quantity. Which one of the following should you use to enter the invoices?
Service level match
Detail level match
Payable level match
Invoice level match
Detail level match
You are creating a yearly allocation control. Which one of the following allows you to indicate that balances should be allocated on an annual basis?
Allocation Group
Period Type
Global Ledger Event
Calendar
Calendar
You are using Infor FSM Cash Management and the system compares the expected number of bank statement transactions to the actual number of transactions. Which one of the following items does this comparison?
Reconciliation Template
Bank Transaction Interface
Bank Interface Administration
Bank Statement Interface
Bank Statement Interface
A corporation has reorganized its Global Ledger reporting hierarchy and needs to move all assets currently in Administration to Accounting. They want to change the account group and accounting dimension group for all assets. Which one of the following should they perform?
Mass disposal
Mass adjustment
Mass asset addition
Mass asset distribution split
Mass adjustment
You need to make an adjustment to release an invoice. Using Payable, which two of the following items can you adjust on the invoice?
Company
Description
Currency
Pay Vendor
Description
Pay Vendor
Your project Journal entry has multiple transaction lines associated with it. What Journal entry method should you use to handle this type of entry?
Quick Post
Speed Transaction Entry
Quick Transaction Entry
Journal Post
Speed Transaction Entry
Which two of the following procedures can you use to do a three-way match?
Matching Online
Auto Matching
Invoice Interface
Match Reference Adjustment
Matching Online
Auto Matching
Time typical process flow for entry of vendor invoices into Infor FSM includes the following five tasks:
1. Create a PO cost message
2. Create details from the receipt or purchase order
3. Enter invoices
4. Create an add on charge (AOC)
5. Update PO line cost to invoice line cost
Which one of the following is the correct order in which these tasks should be performed?
3,2,4,5,1
3,4,2,5,1
3,5,1,4,2
2,3,4,5,1
3,2,4,5,1
You are entering a cash receipt and do not have a customer or MIRC to cross reference. The payment will have which one of the following statuses?
Unassigned
Unapplied
Unreleased
Unposted
Unassigned
Which two of the following are calculated when you dispose of an entire or partial asset?
Inventory clearing account
Disposal calculation expense
Calculated gain or loss
Purchases clearing account
Asset clearing account
Disposal calculation expense
Calculated gain or loss
You are troubleshooting process flows in Infor FSM payables. Which one of the following allows you to determine if jobs have failed?
Audit log
Process flow queue
Web services page
Async administration page
Async administration page
Which one of the following tabs within the Manage Invoices page displays reports and charts?
Report Viewer
Speed Entry
Dashboard Home Screen
Analytics
Dashboard Home Screen
A buyer is working with a reconciliation message that identifies a discrepancy between an invoice and a receipt. Which one of the following actions generates a credit for the discrepancy?
Disapprove
Chargebacks
Pending Action
Chargebacks
Which two of the following can you do in Payables after payment has been paid?
Update Terms
Change Due Date
Maintain Distribution
Payment Void Stop Pay Update
Maintain Distribution
Payment Void Stop Pay Update
A landmark application requires association of users to a particular organization. This limitation requires you to set up users to which one of the following.
An identity actor record
An actor context record
An actor agent record
An identity record
An actor context record
Which one of the following is needed to interface a Payables distribution line to create a new asset in the Asset Accounting module?
Asset type
Asset item
Asset template
Asset category
Asset template