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NEW QUESTION 21
On what basis does the system determine the period for the asset retirement?
Please choose the correct answer.
Response:

• A. Asset value date (asset retirement date)
• B. Net book value

Answer: A

NEW QUESTION 22
In your system, you currently perform manual outgoing payments and want to use the automatic payment program. Which settings must you maintain as part of the configuration of the automatic payment program.
NOTE: 2 answers to this question

• A. Payment terms
• B. Bank determination
• C. Payjng company codes
• D. Special G / L indicators

Answer: B,C

NEW QUESTION 23
Which field can you change on a posted invoice?

• A. Special G/L indicator
• B. Tax code
• C. Payment terms
• D. Cost center

Answer: C

NEW QUESTION 24
Which of the following steps are parts of the process of configuring the payment program?
There are 3 correct answers to this question.
Response:

• A. Configure the payment methods for each company code
• B. Configure the paying company codes
• C. Configure the G/L account field status for document entry
• D. Configure the house banks

Answer: A,B,D

NEW QUESTION 25
What items are NOT cleared by the automatic clearing program? Note: 3 Answers

• A. Noted Items
• B. Items with sales and use tax
• C. Items with value added tax
• D. Items with withholding tax
• E. Statistical postings

Answer: A,D,E

NEW QUESTION 26
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