Practice Questions with Approved i,- i,- i,- i,-
Answers | Latest 2025/2026 Update. i,- i,- i,- i,-
On a transaction definition, when the transaction posting is set to
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Accounts Payable, where the transaction post? (select that all
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apply) i,-
a. Purchasing
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b. Accounts Payable
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c. General Ledger
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d. Cash Management
i,- i,- i,-i,- i,- A, B, C - Purchasing, Accounts Payable,
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and General Ledger
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True or False: for each transaction definition, you can have
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multiple approval steps, each using a different approval type.
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True
You can convert transactions by: (select all that apply)
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a. quantity
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, b. price
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c. unit
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d. item
i,- i,-i,- i,- A & B - quantity and price
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Note: by default, transactions can be converted by quantity. In
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the purchasing configuration, you can enable the option to
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convert by price. i,- i,-
Why should the base price not be assigned to any objects?
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a. users with permission to add or edit items can update the price
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b. the base price list cannot be updated
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c. the base price list automatically creates tiered pricing
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Users with permission to add or edit items can update the price
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Note: this will update the price list and impacts invoicing amounts.
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Which objects can price lists be assigned to? (select all that apply)
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a. transaction definitions
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b. customers
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c. items
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