Exp And Usd Training - Sept. 2014 - Day 4

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Exp And Usd Training - Sept. 2014 - Day 4 - Quiz

Questions and Answers
  • 1. 

    What is the definition of a FIXED Travel Allowance?

  • 2. 

    What is the order Travel Allowance uses when making a correct location rate match? 

  • 3. 

    What does VAT stand for?

  • 4. 

    Name two of the seven fields required to calculate VAT reclaim.

  • 5. 

    Why are locations so important in the system? (Select all that apply)

    • A.

      It determines who approves your report.

    • B.

      VAT rates are calculated based on location.

    • C.

      Delegate selection is based on location.

    • D.

      Travel Allowance rates are based on the destination city.

    Correct Answer(s)
    B. VAT rates are calculated based on location.
    D. Travel Allowance rates are based on the destination city.
    Explanation
    Locations are important in the system because VAT rates are calculated based on location. This means that the amount of value-added tax that needs to be paid is determined by the location of the transaction. Additionally, travel allowance rates are based on the destination city, which means that the amount of allowance given for travel expenses is determined by where the person is traveling to.

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  • 6. 

    Does Concur receive E-receipts from all vendors?

    • A.

      Yes

    • B.

      No

    Correct Answer
    B. No
    Explanation
    Concur does not receive E-receipts from all vendors.

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  • 7. 

    How long after a trip has been completed should an end user see an E-receipt?

    • A.

      15 minutes

    • B.

      48 Hours

    • C.

      2 weeks

    • D.

      72 hours

    Correct Answer
    B. 48 Hours
    Explanation
    The end user should see an E-receipt within 48 hours after the completion of the trip. This time frame allows for the necessary processing and generation of the receipt, ensuring that it is accurate and includes all the relevant information. Waiting for 48 hours also allows for any potential delays or issues that may occur during the receipt generation process.

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  • 8. 

    If the end user does not get an E-receipt what is the alternative method to get the report submitted?

  • 9. 

    How long should an end user typically wait for a domestic credit card transaction to be imported into Concur from the credit card vendor?

    • A.

      2 weeks

    • B.

      2 days

    • C.

      5-7 days

    • D.

      Instantly

    Correct Answer
    C. 5-7 days
    Explanation
    The end user should typically wait for 5-7 days for a domestic credit card transaction to be imported into Concur from the credit card vendor. This time frame allows for the necessary processing and verification of the transaction before it is imported into the system. Waiting for 2 weeks would be too long and could cause delays in expense reporting, while waiting for 2 days may not provide enough time for the transaction to be properly processed. Instantly is not a realistic expectation as it takes time for the credit card vendor to send the transaction data to Concur.

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  • 10. 

    Does Concur have access to see or modify the end users full credit card account number?

    • A.

      Yes

    • B.

      No

    Correct Answer
    B. No
    Explanation
    Concur does not have access to see or modify the end user's full credit card account number. This implies that Concur does not have the capability to view or make changes to the complete credit card account number of the end user.

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  • 11. 

    Where would you look in the system to research if a user's transaction was hidden? Administration > Expense Tools > Company Card > ________________

    Correct Answer
    Manage Transactions
    manage transactions
    Manage transaction
    manage Transaction
    manage Transactions
    Manage transactions
    Explanation
    In order to research if a user's transaction was hidden, you would look in the "Manage Transactions" section of the system. This section allows administrators to view and manage all transactions, including any that may have been hidden or flagged for further investigation. By accessing this section, administrators can search for specific transactions and review their details to determine if any hidden transactions are present.

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  • 12. 

    Can the end user opt in or out of system/status emails such as notification of an available credit card transaction?

    • A.

      Yes

    • B.

      No

    Correct Answer
    A. Yes
    Explanation
    The end user has the option to choose whether they want to receive system/status emails, such as notifications of available credit card transactions. They can opt in or out of these emails based on their preference.

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  • 13. 

    An end user can update the payment type on a corporate card transaction in their expense report.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement is false because an end user cannot update the payment type on a corporate card transaction in their expense report. The payment type is typically predetermined and set by the company or organization issuing the corporate card. The end user can only report the transaction and provide any necessary details, but they do not have the authority to change the payment type.

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  • Current Version
  • Mar 20, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Sep 03, 2014
    Quiz Created by
    CSReadiness
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