Exp And Usd Training - Sept. 2014 - Day 2

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    Expense types may be shared between policies.

    • True
    • False
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About This Quiz

This quiz from the EXP and USD Training on Sept. 2014 - Day 2 assesses knowledge on expense management, including policy sharing, company hierarchy, and list management. It equips learners with practical skills for handling expense-related queries and system modifications.

Exp And Usd Training - Sept. 2014 - Day 2 - Quiz

Quiz Preview

  • 2. 

    Company Structure or hierarchy is generally associated with the ________ Fields

    • Custom

    • Org Unit

    • Ledger

    • Amount

    Correct Answer
    A. Org Unit
    Explanation
    Company structure or hierarchy is generally associated with the organization unit fields. This is because the organization unit represents the different divisions, departments, or groups within a company. It helps to define the reporting relationships, responsibilities, and decision-making processes within the organization. By assigning employees to specific organization units, companies can establish a clear structure and ensure effective coordination and communication across different levels of the organization.

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  • 3. 

    If a line item has allocations and itemizations which action would take place first?

    • Itemization

    • Allocation

    • It doesn't matter

    Correct Answer
    A. Itemization
    Explanation
    When a line item has both allocations and itemizations, the itemization action would take place first. Itemization refers to breaking down a line item into smaller sub-items or categories, while allocation refers to distributing the line item's value among different cost centers or accounts. Therefore, before allocating the value, the line item needs to be itemized into its respective sub-items.

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  • 4. 

    What expense type typically forces itemization?

    • Cell phone

    • Airfare

    • Rental Car

    • Hotel

    Correct Answer
    A. Hotel
    Explanation
    Expenses related to hotels typically force itemization because they often include various charges such as room rate, taxes, parking fees, meals, and other services. In order to accurately track and allocate these expenses, itemization is necessary. This allows for a detailed breakdown of each expense category, ensuring proper documentation and reimbursement.

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  • 5. 

    Policies control the report settings, and Groups control the Employee settings.

    • True

    • False

    Correct Answer
    A. True
    Explanation
    This statement is true because policies are used to control the settings and configurations of reports, while groups are used to control the settings and configurations specific to employees. Policies typically apply to a broader range of settings and can be applied to multiple employees or groups, while groups are more focused on individual employee settings and configurations. Therefore, policies control the report settings, while groups control the employee settings.

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  • 6. 

    If an end user contacts the User Support Desk and wants something added to a list, what should the representative do?

    • Add it yourself

    • Tell the end user to add the list themselves

    • Advise them the lists can't be updated

    • Advise them to talk to their internal Program Administrator to add it

    Correct Answer
    A. Advise them to talk to their internal Program Administrator to add it
    Explanation
    The correct answer is to advise the end user to talk to their internal Program Administrator to add it. The User Support Desk representative is not responsible for adding items to the list. The internal Program Administrator has the authority and knowledge to make the necessary updates to the list.

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  • 7. 

    Identify the incorrect field data type.

    • Text

    • List

    • Alphabet

    • Boolean

    Correct Answer
    A. Alphabet
    Explanation
    The data type "Alphabet" is not a valid field data type. In most programming languages or databases, there is no specific data type called "Alphabet". The other options, such as "Text", "List", and "Boolean", are commonly used and recognized data types for fields.

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  • 8. 

    If a manager wants to add all their employees as attendees in one click, where would they go to do this in a report?

    Correct Answer
    Attendee Groups or Attendee Favorites
    Explanation
    In order for a manager to add all their employees as attendees in one click, they can go to either Attendee Groups or Attendee Favorites in a report. These options allow the manager to easily select and add all their employees without having to manually add each individual attendee. Attendee Groups allows the manager to create predefined groups of attendees, such as "All Employees," and add them to the report with a single click. Attendee Favorites, on the other hand, allows the manager to save a list of frequently used attendees and quickly add them to the report when needed.

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  • 9. 

    What are the two different types of list we can have in Expense?

    Correct Answer
    Simple list
    Simple
    Connected list
    Connected
    Explanation
    The two different types of lists that can be used in Expense are Simple list and Connected list. Simple list refers to a basic list structure where each item is independent and standalone. Connected list, on the other hand, implies a list where the items are linked or connected in some way, possibly forming a hierarchy or sequence.

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  • 10. 

    What are HCP Attendees and why would a client use them?

    Correct Answer
    US Law makes pharmaceutical companies track the spend with health care professionals (i.e doctors, nurses, staff).
    Explanation
    HCP Attendees refers to health care professionals (i.e doctors, nurses, staff) who attend events or conferences organized by pharmaceutical companies. Clients would use HCP Attendees to track the spending they have made on these professionals, as required by US Law. This helps ensure transparency and compliance with regulations regarding financial interactions between pharmaceutical companies and health care professionals.

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  • 11. 

    Identify one of the configuration components that is associated to Policy.

    Correct Answer
    Workflow, Allocations, Report Header, Expense Types, Print Formats
    Explanation
    The configuration components associated with Policy are Workflow, Allocations, Report Header, Expense Types, and Print Formats. These components are used to define and customize the policy rules, approval processes, expense categories, and formatting options for expense reports. Workflow determines the routing and approval flow of expense reports, while Allocations allow for the distribution of expenses to different cost centers. Report Header defines the header information displayed on expense reports, and Expense Types categorize expenses based on their nature. Print Formats determine the layout and formatting of printed expense reports.

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  • Current Version
  • Aug 31, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Sep 03, 2014
    Quiz Created by
    CSReadiness
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