An Office supplies company requires an advance payment of $8000 for the office supplies you wish to order. You enter and pay a prepayment type invoice for $8000. You enter the standard invoice to book the expense which totals $10000 and you apply the prepayment to the standard invoice.
What are the accounting entries for that standard invoice with the prepayment application?

• A. Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr Expense Account 8000 Cr Prepayment Account 8000.
• B. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability 8000 Cr Prepayment Account 8000.
• C. Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.The prepayment application has no impact on the Invoice.
• D. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability Account 2000 Cr Prepayment Account 2000.

Your company policy requires that receipts be attached to expense report items before reimbursement can be made.
Which two statements are true about the association of a receipt to an expense report? (Choose two.)

• A. An expense report may require original, imaged, or both types of receipts.
• B. Receipts are not required if the expense item falls within Per Diem Rates.
• C. Expenses do not create payment requests for expense reports that have missing or overdue receipts.
• D. Users can maintain scanned receipts in a central repository and provide a reference number in the expense report.

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You have two business units, Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports for specific business units?

• A. Assign the Expense Auditor as the owner of each business unit.
• B. Assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles to each Expense Auditor.
• C. Use segment valuesecurity rules to secure access to business units.
• D. Assign the Expense Auditor job roles to each auditor.

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Which three are attributes that are recognized by Invoice Imaging? (Choose three.)

• A. Invoice Date
• B. PO Number
• C. Payment Method
• D. Invoice Number
• E. Terms Date

You created a payment and before it is cashed by the supplier you mistakenly submitted a request to stop payment. Later you canceled the request to stop payment. What is the resulting payment status?

• A. Cleared
• B. Available
• C. Stop initiated
• D. Negotiable
• E. Canceled
• F. Voided

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