Question 1

Which depreciation methods are pre-configured with the Fixed Asset Module? (Choose two.)

Options :

A : Tax Reducing Method

B : 10% Reducing Balance

C : 300DB

D : 200DB

E : Sum of Years Digits

Answer: C,D

Question 2

When creating Matrix Items, which field lists are used to populate the Matrix Item Name Template? (Choose two.)

Options :

A : Insert Item Attribute

B : Insert Matrix Option

C :

Insert Item Option

D :

Insert Item Properties

Answer: A,B

Question 3

Which statement is true about item pricing?

Options :

A : Item pricing only uses Custom Pricing.

B : Item pricing may be set per Item Class.

C : Item pricing may be imported via CSV.

D : Item pricing may be set per Customer Category.

Answer: C

Question 4

Using the Inbound Shipment Management feature, what related transaction or transactions recognize inventory?

Options :

A : Ownership Transfer

B : Vendor Bill

C : Inbound Shipment

D : Purchase Order

Answer: B

Question 5

Which statement is true about Vendor Return Authorizations?

Options :

A : Returning fewer items than what was ordered is allowed.

B :

Once saved, the Vendor Return Authorization is recorded in the register, which is a posting account in the Chart of Accounts.

C : The status on a Vendor Return Authorization is always Pending Return.

D :

Once saved, increasing the quantity or changing the rate creates an improper GL impact and is not recommended.

Answer: A

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