A. purchase order must be in the primary currency of the vendor
B. purchase orders have no accounting/GL impact
C. purchase in the currency the of the vendor's primary subsidiary
D. a purchase requisition is required before creating a purchase order
A. make department mandatory
B. make department options
C. use separate general ledger accounts for each internal department expenses
D. share general ledger accounts between departments
A. deposit application
B. credit memo
C. journal entry
D. sales order
A. Journal Entries post to the general ledger while pending approval
B. Approving Journal Entries requires a separate permission from Creating Journal Entries
C. Approve Journals permission allows you to see all journals in all subsidiaries
D. The posting period is based upon the journal entry creation date, rather than the approval date
A. Periods are created separately for each fiscal calendar
B. A subsidiary can have multiple fiscal calendars without multi-Book
C. Periods are shared across fiscal calendars.
D. A fiscal calendar can be used by multiple subsidiaries
A. Fixed Bid Milestone
B. Charge Based
C. Time and Material
D. Standard
A. Statistical Account-*Statistical accounts are non-monetary accounts that can be used to maintain statistical information for a variety of metrics. For example, a statistical account could be established to maintain the employee headcount by the department in an organization.
B. Unbilled Receivable
C. Other Current Liability
D. Deferred Expense
A. The Administrator may need to create new accounts to use new features.
B. New accounts are automatically added to the chart of accounts when needed
C. Accounts must be renumbered.
D. Statistical accounts should be used for correct posting.
A. Asset
B. Non-Posting
C. Bank
D. Expense
E. Credit Card
