New World ERP - FM - Miscellaneous Billing

10 Questions | Total Attempts: 50

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New World ERP - FM - Miscellaneous Billing

Congratulations on completing Miscellaneous Billing training! Now that you've been introduced to basics of this module, you should be able to pass with 80% or better accuracy. Good luck!


Questions and Answers
  • 1. 
    What is the correct navigation to set up a new Miscellaneous Billing Customer?
    • A. 

      Financial Management > Miscellaneous Billing > Customers.

    • B. 

      Financial Management > Miscellaneous Billing > Billing Invoice Batches.

    • C. 

      Maintenance > Financial Management > Miscellaneous Billing > Adjustments.

    • D. 

      Maintenance > Financial Management > Miscellaneous Billing > Invoice Types.

  • 2. 
    Which of the following can be assessed on Miscellaneous Billing Invoices?
    • A. 

      Late fees.

    • B. 

      Finance charges.

    • C. 

      Both A & B

    • D. 

      None of the above.

  • 3. 
    Which of the following is NOT an attribute available to add information to a Miscellaneous Billing Customer?
    • A. 

      Recurring invoices.

    • B. 

      Contacts.

    • C. 

      History.

    • D. 

      User-defined fields.

  • 4. 
    All of the following are examples of reports that are able to be run for Miscellaneous Billing, EXCEPT:
    • A. 

      Miscellaneous Billing Open Invoice Report.

    • B. 

      Miscellaneous Billing Customer Balance Report.

    • C. 

      Miscellaneous Billing Revenue Summary Report.

    • D. 

      Miscellaneous Billing Balance Sheet.

  • 5. 
    What is the correct navigation to record bad debt?
    • A. 

      Financial Management > Miscellaneous Billing > Bad Debt.

    • B. 

      Financial Management > Miscellaneous Billing > Adjustments.

    • C. 

      Maintenance > Financial Management > Miscellaneous Billing > Adjustment Types.

    • D. 

      Maintenance > Financial Management > Miscellaneous Billing > Invoice Types.

  • 6. 
    The total amount of an invoice is:
    • A. 

      The sum for each customer on the invoice.

    • B. 

      The sum of the amounts for each billing code on the invoice.

    • C. 

      The totals for each invoice type.

    • D. 

      Any of the Above.

  • 7. 
    All of the following are ways to inquire on Miscellaneous Billing activities, EXCEPT:
    • A. 

      Customers.

    • B. 

      Invoice.

    • C. 

      Billings by Invoice Type.

    • D. 

      Vendor.

  • 8. 
    Which of the following is a Miscellaneous Billing adjustment method?
    • A. 

      Reversal of a transaction.

    • B. 

      Adjustment on a paid invoice.

    • C. 

      Refunding of a customer's undesignated balance.

    • D. 

      All of the above.

  • 9. 
    Miscellaneous Billing invoices are generated in which format?
    • A. 

      Microsoft Word.

    • B. 

      Microsoft Excel.

    • C. 

      Lotus Notes.

    • D. 

      HTML.

  • 10. 
    Which of the following is TRUE about Miscellaneous Billing?
    • A. 

      The vendor list which used in Accounts Payable, may also be used as the Miscellaneous Billing customer list.

    • B. 

      If a customer pays their Miscellaneous Billing invoice, the receipt is taken in through Revenue Collections.

    • C. 

      Any payment code can be used with Miscellaneous Billing.

    • D. 

      None of the above are true.

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