PeopleSoft Finance Core Modules MCQ
This PeopleSoft Finance Core Modules MCQ Quiz contains few questions as a free online practice test.
1. Which of the following is a wrong option with regard to control groups in Payables?
a) Control groups are not a required component of the control hierarchy
b) Control groups can be used to establish separate processing rules
c) Control groups allows dividing of vouchers among data entry clerks
d) Control groups are required if pay cycle is to be processed
2. A 1,000.00 AUD invoice is posted with an accounting date of September 1 and a due date of September 30. An 1,000.00 AUD payment with an accounting date of October 1 is posted on October 5, bringing the balance of the invoice to 0 AUD and changing its status from open to closed. What is the DAYS LATE in this case?
a) 1
b) 30
c) 5
d) 35
3. Identify the missing step in a typical asset management physical inventory process.
A. Extract data from PeopleSoft AM
B. Scan barcodes and perform inventory
C. Matching and reconciliation
a) Identify the missing assets and scan barcode again
b) Verify the barcode data with regard to PeopleSoft AM
c) Check asset physically and verify attributes
d) Load data from scanner or IT asset inventory tool
4. Which feature of PeopleSoft Billing enables you to enter bills online quickly, especially when you
have a large number of lines per bill?
a) Online Bills
b) Billing Interface
c) Quick Billing
d) Express Billing
5. The _____________ is used to compare the amounts of an organization’s long and short term investments based on the time interval selected and the number of days that classify an investment as short term entered when you set up the configuration for this dashboard.
a) Investment Mix Dashboard
b) Investment mix
c) Investment Dashboard
d) Fixed versus Floating Rate Investments Dashboard
6. When the Budget Processor receives a transaction with a ChartField value that is a _______ ChartField value for a budget definition, the Budget Processor applies the processing rules for that budget definition
a) Control
b) Account
c) Budget
d) Amount
7. PeopleSoft feeder applications typically generate accounting or voucher lines from transaction data that you enter in the particular application. PeopleSoft posts these accounting lines to an accounting entry table. What is used by General ledger system to process these data to create journals?
a) Journal Uploads
b) Journal generator
c) Spreadsheet upload
d) Journal Edit & Post
