Tr - Fa8 - Billing

Approved & Edited by ProProfs Editorial Team
The editorial team at ProProfs Quizzes consists of a select group of subject experts, trivia writers, and quiz masters who have authored over 10,000 quizzes taken by more than 100 million users. This team includes our in-house seasoned quiz moderators and subject matter experts. Our editorial experts, spread across the world, are rigorously trained using our comprehensive guidelines to ensure that you receive the highest quality quizzes.
Learn about Our Editorial Process
| By Catherine Halcomb
Catherine Halcomb
Community Contributor
Quizzes Created: 1429 | Total Attempts: 6,058,033
Questions: 10 | Attempts: 61

SettingsSettingsSettings
Training Quizzes & Trivia

Training Quiz for Billing.


Questions and Answers
  • 1. 

    The system requires you to print prebills and bills.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement suggests that the system requires printing both prebills and bills. However, the correct answer is false, indicating that the system does not require printing prebills and bills.

    Rate this question:

  • 2. 

    Prior to performing a mass edit to time details you must first select or __________ the details to be edited.

    Correct Answer
    tag
    Explanation
    Before performing a mass edit to time details, you must first select or "tag" the details to be edited. This means that you need to identify or label the specific time details that you want to edit before making any changes. By tagging the details, you can ensure that only the selected items will be affected by the mass edit, allowing for more efficient and accurate editing.

    Rate this question:

  • 3. 

    Bills can be posted via the Posting Manager.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement "Bills can be posted via the Posting Manager" is incorrect. The correct answer is False. This means that bills cannot be posted using the Posting Manager.

    Rate this question:

  • 4. 

    The Billing   _______________________ is the home base for all billing activities.

    Correct Answer
    Desktop
  • 5. 

    Which matters would be included on the same consolidated bill? Matter                    Bill Group              Bill Client               Consolidate Flag 1                              MAIN                      10000                    YES 2                              2                            10000                    YES 3                              MAIN                      10000                    YES 4                              MAIN                      10000                    NO 5                              MAIN                      20000                    YES 6                              2                            10000                     NO

    • A.

      1

    • B.

      2

    • C.

      3

    • D.

      4

    • E.

      5

    • F.

      6

    Correct Answer(s)
    A. 1
    C. 3
    Explanation
    The matters that would be included on the same consolidated bill are 1 and 3. This is indicated by the "Consolidate Flag" column, where the value is "YES" for both matters 1 and 3.

    Rate this question:

  • 6. 

    The Trust           __________                feature is used to apply payments to bills from trust during billing.

    Correct Answer(s)
    Reserves
    Explanation
    The Trust Reserves feature is used to apply payments to bills from trust during billing. This means that when a client has funds in a trust account, those funds can be used to pay for any outstanding bills. The Reserves feature allows for the automatic allocation of trust funds to cover the expenses, ensuring that the client's trust account is properly utilized and that bills are paid in a timely manner.

    Rate this question:

  • 7. 

    Once you change a bill amount it cannot be undone.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    This statement is incorrect. It is possible to change a bill amount after it has been initially set. This can be done through various means such as requesting a refund, negotiating with the bill issuer, or disputing the charges. Therefore, the correct answer is False.

    Rate this question:

  • 8. 

    Which view would be the best one to use to decrease the total for all copy charges?

    • A.

      Disbursement Detail

    • B.

      Prebill Summary

    • C.

      Disbursement Summary

    Correct Answer
    C. Disbursement Summary
    Explanation
    The Disbursement Summary view would be the best one to use to decrease the total for all copy charges. This view provides a summarized overview of all disbursements, including copy charges. By analyzing the Disbursement Summary, one can identify areas where copy charges are high and take necessary actions to reduce them, such as negotiating lower rates with copy vendors or implementing cost-saving measures.

    Rate this question:

  • 9. 

    If you deselect a time or disbursement entry it…

    • A.

      Goes back to WIP.

    • B.

      Is deleted for good.

    Correct Answer
    A. Goes back to WIP.
    Explanation
    When you deselect a time or disbursement entry, it goes back to WIP. This means that the entry is no longer considered as completed or finalized. Instead, it is returned to the Work in Progress (WIP) status, indicating that it is still in progress and can be further edited or modified. This allows for flexibility and the ability to make changes to the entry before finalizing it.

    Rate this question:

Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 19, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jul 06, 2012
    Quiz Created by
    Catherine Halcomb
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.