QUESTION 12

1. You posted a batch in the General Ledger and an Error batch was generated. What is the problem?

   		The batch is out of balance
   		You posted a transaction with a date that is not in the current fiscal year
   		All of the above
   		None of the above

QUESTION 13

1. What is the purpose of setting up distribution codes?

   		Distribution Codes are optional; they do not have to be set up
   		Distribution codes are linked to General Ledger accounts
   		Codes are generally easier to remember than the General Ledger accounts
   		All of the above

QUESTION 14

1. The default Transaction Types for Accounts Receivable are:

   		Prepayment, Unapplied Cash, Miscellaneous Payments and Apply Documents
   		Prepayment, Unapplied Cash, Miscellaneous Receipts and Apply Documents
   		Prepayment, Unapplied Cash, Credit Note and Apply Documents

QUESTION 15

1. Distribution sets are:

   		A group of source codes
   		Used to add Account Sets
   		Groups of distribution codes