Your customer has three sites defined in the system, site 1, site 2, and site 3. All sites have their own billing strategy defined and Balance Forward Billing is enabled for site 1 and Site 2 at the account level.
How will bills be generated?

• A. Sites 1 and 3 activities will be included in a single bill.
• B. Sites 1 and 2 activities will be included in a single bill.
• C. Sites 1, 2, and 3 activities will be included in a single bill.
• D. Sites 2 and 3 activities will be included in a single bill.

What is the impact on transactions of changing the billing cycle for a customer or group of customers?

• A. New transactions after this change inherit the new billing cycle.
• B. Existing transactions with no activity retain the old billing cycle.
• C. Existing transactions with activity adapt the new billing cycle.
• D. The billing cycle does not have any impact on new transactions.

Your company wants to generate Intercompany transactions only if the amount Involved is equal to or greater than $3,000 USD.
How should you configure Intercompany System Option*; to meet this requirement?

• A. Define intercompany approval rule, to automatically reject intercompany transactions that do not meet the minimum amount requirement.
• B. Set "Minimum Invoice Amount" to 3,000 and "Invoice Currency" to USD in Payables Invoice Options and Receivables System Options.
• C. Set "Minimum Transaction Amount" to 3,000 and "Minimum entered Currency" to USD.
• D. Set "Minimum Transaction Amount" to 2,999.99 and "Minimum Entered Currency" to ALL

Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

• A. The transaction date falls in a closed period.
• B. The transaction type is not associated with a credit memo type.
• C. The invoice is not closed.
• D. The transaction is partially paid.
• E. The transaction is an invoice.

You have created two transactions with a 30-day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest.
Which statement is true when the create bills receivable batch is processed for a customer on January 31,
2015?

• A. A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 30,
  2015.
• B. A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 2,
  2015.
• C. Two Bills Receivable transactions are created with the issue date and accounting date as January 29,
  2015 and January 31, 2015, respectively.
• D. Two Bills Receivable transactions are created with maturity dates as March 30, 2015 and April 1, 2015.
• E. A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as February
  28, 2015.
• F. Two Bills Receivable transactions are created with the issue dates as January 29, 2015 and January 31,
  2015.