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Questions came word by
word from this dump

ERP-Consultant Questions and Answers

Question # 1

Which functionality enables a user to automatically add elimination lines to an Advanced Intercompany Journal Entry?

A.

Auto Fill

B.

Eliminate checkbox

C.

Auto Balance

D.

Save Journal

Question # 2

Which statement is true about Drop Ship and Special Order items?

A.

Can be used for Non-Inventory items for Resale and Inventory items.

B.

Items can be marked as both Drop Ship and Special Order.

C.

Vendor ships items to customer’s address.

D.

Impact Asset and Cost of Goods Sold (COGS) accounts upon item receipt and fulfillment.

Question # 3

A company is using the Multiple Currencies feature.

Which account type allows Revalue Open Balance for Foreign Currency Transactions?

A.

Cost of Goods Sold

B.

Income

C.

Expense

D.

Other Current Asset

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