QUESTION 1 The Pre-cheque register shows: The cheques that have been issued to vendors The invoices that are not yet paid to vendors The invoices that are selected for payment based on date criteria

QUESTION 2 You can record payments in Accounts Payable, by: Entering payments in a manual batch Entering payments while entering an invoice Creating a System Generated Payment Batch All of the above

QUESTION 3 Your manager asked you to create a system generated payment batch to pay all vendors except one, you would: Use Control Payments Use Payment Selection Codes Use Hold All of the above

QUESTION 4 To reverse a cheque in Accounts Payable you would: Choose Reverse Transactions in Bank Services Choose Reverse Transactions in the Bank Reconciliation window Choose Clear in the Bank Reconciliation window

QUESTION 5 You can print this report if you forgot to print the Pre-Cheque Register. Aged Payables Report Payment Posting Journal Report Receipt Posting Journal Report

QUESTION 6 The Generate button in the Create Payment Batch window is used to create an invoice batch for payments True False

QUESTION 7 An Interest Profile is setup to : Allow calculation of interest charges on vendors overdue accounts Allow calculation of interest charges on customers overdue accounts All of the above

QUESTION 8 To process multiple checks using date criteria you would use: A. Payment Batch Listing B. Create Payment Batch C. Miscellaneous Payment

QUESTION 9 Prepayment, Unapplied Cash and Miscellaneous Receipts, are examples of vendor transaction types. True False

QUESTION 10 You can set up different credit limits for each customer. True False