Cogs Be CAD Monthly Knoweldge Assessment - June Final

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| By Ralph2016
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Ralph2016
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Quizzes Created: 1 | Total Attempts: 64
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  • 1/15 Questions

    GL used in writing off HST?

    • 201-0009-01
    • 139-8100-40
    • 139-8100-01
    • 500-0000-40
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About This Quiz

COGs BE CAD Monthly Knowledge Assessment - June FINAL assesses knowledge on specific financial and accounting practices within the organization, focusing on GL accounts, warehouse investigations, and financial procedures. Essential for team compliance and accuracy in financial reporting.

Cogs Be CAD Monthly Knoweldge Assessment - June Final - Quiz

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  • 2. 

    In requesting CATO and CAVA warehouse investigation (serial issue), BE team is required to;

    • Email Customer Service to create CDR ticket for the warehouse issue. Copy CATO and CAVA on the email for them to notify if the CDR is already available

    • Email directly CATO and CAVA warehouse on the issue for them to investigate

    • Ask manager for GL approval to hit the warehouse right away without warehouse investigation result.

    • Email Manager with the details and let her request for the CDR ticket to the Customer Service for CATO and CAVA to investigate

    Correct Answer
    A. Email Customer Service to create CDR ticket for the warehouse issue. Copy CATO and CAVA on the email for them to notify if the CDR is already available
    Explanation
    The correct answer is to email Customer Service to create a CDR ticket for the warehouse issue and copy CATO and CAVA on the email. This is because Customer Service is responsible for creating CDR tickets, and by copying CATO and CAVA, they will be notified if the CDR is already available. This ensures that the appropriate parties are informed and can begin investigating the warehouse issue.

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  • 3. 

    In processing Write-off and offset BE team SHOULD not (direct WO excluded);

    • Log in WFT

    • Fill up WO form

    • Enter in impulse correctly

    • Email notification to be sent to Payment Planner

    Correct Answer
    A. Email notification to be sent to Payment Planner
    Explanation
    The correct answer is "email notification to be sent to Payment Planner." This is because the given instructions mention that in the process of Write-off and offset, the BE team should not do a direct write-off. Instead, they should log in to WFT, fill up the WO form, enter it in impulse correctly, and then send an email notification to the Payment Planner. Therefore, the email notification to be sent to the Payment Planner is a necessary step in this process.

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  • 4. 

    What function key we press or we enter if we want to check the serial numbers of an invoice in Impulse?

    • F26

    • F23

    • F1

    • F6

    Correct Answer
    A. F6
    Explanation
    Pressing the F6 function key allows us to check the serial numbers of an invoice in Impulse.

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  • 5. 

    Webform use to logged Payback/WO/Offset process? 

    • Meetcomp webform

    • Dapasoft

    • Magellan

    • Work Flow Tool

    Correct Answer
    A. Work Flow Tool
    Explanation
    The correct answer is "Work Flow Tool." The question is asking which tool is used to log the Payback/WO/Offset process. Out of the given options, the Work Flow Tool is the most suitable choice for this purpose. It is likely that this tool is specifically designed to handle and track the workflow of the Payback/WO/Offset process, making it the correct answer.

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  • 6. 

    Negative adjustments are requested to Canada Pricing when SAGP found and… 

    • Amount for PB or WO/Offset is $1,000.00 and above

    • Amount for PB or WO/Offset is below $1,000.00

    • Amount for PB or WO/Offset is $500.00 and above

    • Amount for PB or WO/Offset is below $500.00

    Correct Answer
    A. Amount for PB or WO/Offset is $1,000.00 and above
    Explanation
    The correct answer is "amount for PB or WO/Offset is $1,000.00 and above". This means that negative adjustments are requested to Canada Pricing when the amount for PB or WO/Offset is equal to or exceeds $1,000.00.

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  • 7. 

    MC12345 write off amount $50.00 and Offset amount $30.00, what will be the reference of the wo/offset process? 

    • MC12345/WOFFSET

    • MC12345/OFFSETWO

    • MC12345/WO

    • MC12345/OFFSET

    Correct Answer
    A. MC12345/WOFFSET
    Explanation
    The reference for the wo/offset process will be MC12345/WOFFSET because it combines the code "WO" for write off and "OFFSET" for offset, indicating that both actions are being performed.

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  • 8. 
    Identify the part of the PB form. - ProProfs

    Identify the part of the PB form.

    • Claimed Date

    • Impulse entry date

    • WFT approval date

    • Your Birthday

    Correct Answer
    A. Impulse entry date
    Explanation
    The correct answer is "Impulse entry date." The other options, such as "Claimed Date," "WFT approval date," and "Your Birthday," do not pertain to a PB form. The "Impulse entry date" refers to the date when an impulse entry is made, which is likely a relevant component of the PB form.

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  • 9. 

    All VP debit entries are posted as what type? 

    • Type 1

    • Type 3

    • Type 4

    • None of the above

    Correct Answer
    A. Type 3
    Explanation
    The correct answer is Type 3 because Type 3 is the only option that specifically states that all VP debit entries are posted as that type. Type 1 and Type 4 do not mention VP debit entries, and "none of the above" is a general option that does not provide any specific information about the posting of VP debit entries.

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  • 10. 

    What type # of entry should be for Payback/ Write Off and Offset for vendor programs?

    • Type 3

    • Type 1

    • Type 4

    • None of the above

    Correct Answer
    A. Type 4
    Explanation
    None of the above options (type 3, type 1, type 4) should be used for Payback/ Write Off and Offset for vendor programs.

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  • 11. 

    In filling up Payback form. BE associate SHOULD NOT…

    • Summary should contain the details of the denial, GL to be used and necessary details of the claim (i.e. invoice number, SKU details, denied amounts etc.)

    • GL should be entered correctly on the PB form

    • Screenshots of impulse and other documents should be pasted on the PB form

    • All is correct

    Correct Answer
    A. Screenshots of impulse and other documents should be pasted on the PB form
    Explanation
    The correct answer is "Screenshots of impulse and other documents should be pasted on the PB form." This means that when filling up the Payback form, the BE associate should not forget to include screenshots of impulse and other relevant documents by pasting them on the form. This is important for providing evidence and supporting the necessary details of the claim, such as invoice number, SKU details, and denied amounts.

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  • 12. 

    In rebates on returns process, if RMA COST is less than AVERAGE COST, gain should be found in?

    • SYSD

    • PUP 778

    • SAGP

    • Hit to warehouse GL

    Correct Answer
    A. PUP 778
    Explanation
    If the RMA COST (cost of returning a product) is less than the AVERAGE COST (average cost of the product), it means that the company is spending less on returns compared to the average cost of the product. In this case, the gain should be found in the PUP 778 (Profit and Loss) account. This account tracks the company's gains and losses, and since the company is saving money on returns, it would result in a gain in this account.

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  • 13. 

    If there is a denial wherein vendor is saying Ingram should not be claiming rebate or there’s no approved special pricing for our claim and needs to be paid back and the sales confirmed the denial. To whom we ask for GL approval to proceed with the payback/ write-off.

    • GL approval from the sales representative

    • GL approval from COGs BE supervisor

    • GL approval from Sale’s team manager

    • None of the above

    Correct Answer
    A. GL approval from Sale’s team manager
    Explanation
    The correct answer is GL approval from Sale's team manager. Since the denial is related to a sales claim, it is appropriate to seek approval from the sales team manager for the payback or write-off. The sales team manager would have the authority to make decisions regarding sales claims and would be responsible for managing any financial implications associated with them.

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  • 14. 

    What webform do we use if we are searching for MC and AC claim details (invoice nos. SKUs, QTYs etc.) if there are no email submission saved in the shared drive?

    • Dapasoft

    • Meetcomp Webform

    • Monarch

    • Impulse

    Correct Answer
    A. Dapasoft
  • 15. 

    CATO warehouse GL account.

    • D1-500-3402

    • D2-500-3402

    • Either of the 2

    • None of the above

    Correct Answer
    A. D1-500-3402
    Explanation
    The correct answer is D1-500-3402 because it is specifically mentioned in the question that it is either D1-500-3402 or D2-500-3402. Since the question does not provide any other information or criteria to choose between the two options, D1-500-3402 is the correct answer.

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Quiz Review Timeline (Updated): Jun 23, 2023 +

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

  • Current Version
  • Jun 23, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jul 21, 2016
    Quiz Created by
    Ralph2016
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