Trivia Quiz: What Do You Know About Expenses?

2.

Company Structure or hierarchy is generally associated with the ________ Fields

Custom
Org Unit
Ledger
Amount

Correct Answer

A. Org Unit

Explanation

Company structure or hierarchy is generally associated with the organizational units within a company. Organizational units are used to define the different departments, divisions, or sections within a company. They help to establish the reporting relationships, responsibilities, and authority levels within the organization. By defining the organizational units, companies can effectively manage and control their operations, allocate resources, and establish clear lines of communication and decision-making. Therefore, the correct answer is Org Unit.

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3.

Expense types may be shared between policies.

True
False

Correct Answer

A. True

Explanation

Expense types may be shared between policies means that multiple policies can have the same expense types associated with them. This allows for consistency and efficiency in managing expenses across different policies. For example, if there is a common expense type like "travel expenses" that applies to multiple policies, it can be shared among them instead of creating separate expense types for each policy. This helps in streamlining the expense management process and ensures that similar expenses are categorized consistently across policies.

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4.

If an end-user contacts the User Support Desk and wants something added to a list, what should the representative do?

Add it yourself
Tell the end user to add the list themselves
Advise them the lists can't be updated
Advise them to talk to their internal Program Administrator to add it

Correct Answer

A. Advise them to talk to their internal Program Administrator to add it

Explanation

The representative should advise the end-user to talk to their internal Program Administrator to add the item to the list. This is because the Program Administrator is responsible for managing and updating the lists, and they have the necessary permissions and knowledge to make the desired changes. The representative does not have the authority or access to directly add items to the list, so it is appropriate to redirect the end-user to the appropriate person who can fulfill their request.

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5.

Identify the incorrect field data type.

Text
List
Alphabet
Boolean

Correct Answer

A. Alphabet

Explanation

The field data type "Alphabet" is incorrect because there is no specific data type called "Alphabet" in most programming or database languages. The other options, such as "Text," "List," and "Boolean," are commonly used data types in various programming and database environments.

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6.

If a line item has allocations and itemizations which action would take place first?

Itemization
Allocation
It doesn't matter

Correct Answer

A. Itemization

Explanation

In this scenario, the itemization would take place first before the allocation. Itemization refers to the process of breaking down a line item into smaller components or sub-items. Once the line item has been itemized, the allocation can then be applied to distribute the value or resources among the different sub-items. Therefore, itemization is the initial step that needs to be completed before any allocation can occur.

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7.

What expense type typically forces itemization?

Cell phone
Airfare
Rental Car
Hotel

Correct Answer

A. Hotel

Explanation

Hotel expenses typically force itemization because they often include various charges such as room rates, taxes, meals, and additional services like laundry or room service. In order to accurately track and allocate these expenses, itemization is necessary. This allows for a detailed breakdown of all the different components of the hotel expense, making it easier to analyze and manage the overall expenditure.

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8.

What are the two different types of list we can have in Expense?

Correct Answer
Simple list
Simple
Connected list
Connected

Explanation
The two different types of lists that can be found in Expense are a simple list and a connected list. A simple list refers to a basic list without any additional features or connections. On the other hand, a connected list implies that the items in the list are linked or connected in some way, possibly allowing for more complex operations or relationships between the items.

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9.

What are HCP Attendees and why would a client use them?

Correct Answer
US Law makes pharmaceutical companies track the spend with health care professionals (i.e doctors, nurses, staff).

Explanation
HCP Attendees are health care professionals such as doctors, nurses, and staff who attend events or meetings organized by pharmaceutical companies. A client would use HCP Attendees to track their spending on these professionals, as mandated by US Law. This helps ensure transparency and compliance with regulations regarding financial interactions between pharmaceutical companies and health care professionals.

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1

10.

Identify one of the configuration components that is associated with Policy.

Correct Answer
Workflow, Allocations, Report Header, Expense Types, Print Formats

Explanation
The components listed, such as Workflow, Allocations, Report Header, Expense Types, and Print Formats, are all associated with Policy. These components are typically used in the configuration and setup of a policy management system. Workflow refers to the process and steps involved in policy approval and review. Allocations are used to assign specific expenses to different categories or departments. Report Header is used to customize the header section of policy reports. Expense Types are used to categorize different types of expenses. Print Formats refer to the formatting and layout of printed policy documents.

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11.

If a manager wants to add all their employees as attendees in one click, where would they go to do this?

Correct Answer
Attendee Groups or Attendee Favorites

Explanation
To add all their employees as attendees in one click, the manager would go to either the Attendee Groups or Attendee Favorites options. These features allow the manager to create groups or select favorite attendees, making it convenient to add multiple employees at once. By utilizing these options, the manager can efficiently add all their employees as attendees without the need for individual selection.

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Trivia Quiz: What Do You Know About Expenses?

Policies control the report settings, and Groups control the Employee settings.

Quiz Preview

Company Structure or hierarchy is generally associated with the ________ Fields

Expense types may be shared between policies.

If an end-user contacts the User Support Desk and wants something added to a list, what should the representative do?

Identify the incorrect field data type.

If a line item has allocations and itemizations which action would take place first?

What expense type typically forces itemization?

What are the two different types of list we can have in Expense?

What are HCP Attendees and why would a client use them?

Identify one of the configuration components that is associated with Policy.

If a manager wants to add all their employees as attendees in one click, where would they go to do this?