Knowledge quiz
It’s time to put what you’ve learned to the test, get 4 questions right to pass this unit.
Q1.
Which are the valid business partner categories? (3 correct answers)
There are three correct answers.
A
Group
B
Organization
C
Person
D
Joint Venture
E
Entity
Q2.
What kind of G/L account summarizes multiple supplier balances?
Choose the correct answer.
A
Bank account
B
Summary account
C
Reconciliation account
D
Clearing account
Q3.
What is the name of the special clearing account that is involved in Source-to-Pay process and is located in the balance sheet notes?
Choose the correct answer.
A
Special logistics account
B
Notes account
C
Source-to-Pay account
D
Goods Received / Invoice Received account
Q4.
Which of these objects are connected to the supplier invoice line item and may be proposed as default values, originated from the supplier master record? (2 correct answers)
There are two correct answers.
A
Payment method
B
Payment terms
C
Payment responsible
D
Payment sequence
Q5.
Which of these functions does not belong to payables management?
Choose the correct answer.
A
Post goods receipt
B
Post invoice receipt
C
Generate balance confirmation
D
Payment run
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