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Knowledge quiz

It’s time to put what you’ve learned to the test, get 8 questions right to pass this unit.

Q1.

Which functionality does manual clearing offer that automatic clearing does not within SAP S/4HANA Cloud?

Choose the correct answer.

Clearing the items directly without acknowledging them

A less time-consuming procedure

The chance to allocate payments, adjustments, or other transactions to certain open items

The ability to clear items without reviewing

Q2.

Which of the following are editing options?

There are two correct answers.

Document Date equals Posting Date

Foreign currency only

Document Type displayed

Change Document Date

Q3.

Which of the following are correct? A miscellaneous invoice or credit memo requires a:

There are two correct answers.

Invoice Date

Posting Date

Sales Order

Header Text

Q4.

What is the main functionality of the Display Item Change Log app?

Choose the correct answer.

It reports all changes made to customer line items

It allows changes to be made to customer line items

It erases all changes made to customer line items

It prevents changes from being made to customer line items

Q5.

What does reversing a document generate in SAP S/4HANA Cloud?

Choose the correct answer.

A duplicate of the original document

An exact opposite of the original document

An enhanced version of the original document

A modified version of the original document

Q6.

What benefit does the analytical overview app provide for accounts receivable management?

Choose the correct answer.

It can instantly generate invoices and send them to clients

It facilitates a centralized view of key accounts receivable indicators

It allows for easy tracking of debtor contacts

It assists in conducting financial audits

Q7.

Which of the following results in the posting of a financial document?

There are two correct answers.

Billing Document

Goods Issue

Sales Order

Quotation

Q8.

When should the Reset Cleared Items feature be used in Receivables Management under SAP S/4HANA Cloud?

Choose the correct answer.

When the warehouse is out of stock

When customer complaints are received

When financial transactions have been processed incorrectly

When customer contact information is outdated

Q9.

What is the primary purpose of the Manage Customer Line Items app?

Choose the correct answer.

To manage customer portfolio

To manage customer financial transactions

To manage customer complaints

To manage customer loyalty programs

Q10.

What is the main advantage of Automatic Clearing in Receivables Management?

Choose the correct answer.

It can clear the remaining open items grouped by specific criteria

It allows for precise allocation of payments to specific open items

It eradicates the need for incoming payment transactions

It gives control over the clearing process