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NEW QUESTION 39
Which three receipts types can be reversed in the Cloud? (Choose three.)

A. Invoice-related receiptsB. Credit card chargebacks posted to GLC. Miscellaneous receiptsD. Receipts that are archivedE. Receipts applied to open receipts

Answer: A,B,C

 

NEW QUESTION 40
An invoice for $100 USD has revenue deferred due to unmet payment-based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 USD has been issued against this invoice.
Explain how revenue accounting will occur.

A. Earned revenue will be credited for $50 USD.B. Earned revenue will be debited for $50 USD.C. Unearned revenue will be credited for $100 USD.D. Unearned revenue will be debited for $50 USD.

Answer: A

 

NEW QUESTION 41
What are the two places where Receivables can look for the "Match Receipts By" setting when applying manual customer receipts? (Choose two.)

A. Receipt MethodB. AutoMatch RuleC. Profile optionD. CustomerE. System Options

Answer: A,E

 

NEW QUESTION 42
What are the two locations where the system can look for Receipt Match By Value when Receivables applies customer payments automatically for manually created receipts? (Choose two.)

A. AutoMatch RuleB. Receipt MethodC. System OptionsD. Customer

Answer: C,D

 

NEW QUESTION 43
Which information does the collector see after clicking on the Activities Infotile in the Collections Work Area?

A. Tasks assigned to the collector such as follow-up calls.B. List of delinquent customers.C. List of broken payment promises.D. Summary of aged transactions.

Answer: A

 

NEW QUESTION 44
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