Pre-assessment Test - AP
10 Questions
| Total Attempts: 4470
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This pre-assessment is to gauge your basic knowledge in Accounts Payable module.
Questions and Answers
- 1.
- A.
Enter/Edit Non-Ap Voucher
- B.
Enter/Edit AP Voucher
- C.
Individual Voucher Selection
- 2._____________ is where you record the Default AP and Cash Account.
- 3.What information are stored in the Vendor Master File?
- A.
Vendor Name
- B.
Vendor ID
- C.
Vendor Address
- D.
Terms
- 4.What reports are updated when you post the vouchers to the AP file?
- A.
Open AP, Cash Requirement, Vedor History reports
- B.
Voucher Edit, Open AP, Vendor Master File
- C.
Vendor & PO register, Open AP, Vendor Edit report
- 5.When you post vouchers to GL, it creates a debit entry to AP and credit to Expense account. True or False
- A.
True
- B.
False
- 6.Where do you select vouchers for payment?
- 7.If you select this option, vouchers assigned this status are included on the Prepayment Edit Report and the next check run.
- 8.EFT payment also means bank to bank transfer. True or False
- A.
True
- B.
False
- 9.
- A.
True
- B.
False
- 10.Which among are AP Utilities?
- A.
Clear AP Check Run
- B.
Purge Zero Balance Vendor
- C.
Tax Table Update
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