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New IIA-CFSA-INS Test Answers, Valid IIA-CFSA-INS Exam Online | Valid IIA-CFSA-INS Real Test - FreeTorrent

IIA-CFSA-INS

Exam Code: IIA-CFSA-INS

Exam Name: Certified Financial Services Auditor - Insurance

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
Which statement is true about routes?
A. A route's sequence numbers are fixed after it is activated.
B. Route Stops that become work order tasks cannot have job plans.
C. A route can create work orders for locations or assets, not both.
D. A route can only be applied to a work order by a PM.
Answer: D

NEW QUESTION: 2
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:


NEW QUESTION: 3
Your customer requires that a consignment order should automatically get created whenever a self-service requester creates a purchase requisition.
Identify the setup required to fulfill this requirement.
A. Enable all the requisition line items to be sources from the consignment source.
B. Create a consignment agreement with touchless buying options enabled in the Controls tab to automatically generate orders.
C. Assign all the requisition line to the consignment buyer.
D. Select the "Source from consignment" check box and set "Urgent" to "Yes" during requisition creation through self-service.
Answer: D
Explanation:
How can I create a purchase order for consignment inventory items?
You begin by creating a purchase order with a document style for a consignment order.
Choose your consignment supplier and add the consignment items for this order.
Verify that the items were sourced by aconsignment agreement and that Consignment Line is checked on the line.
Submit the order for approval.
References: https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRC/OAPRC1007479.htm

NEW QUESTION: 4
What are planning level and planning group used for in SAP Cash Management?
Note: There are 2 correct answers to this question.
Response:
A. Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
Planning group is used in the G/L account data to enable the liquidity forecast.
B. Planning level is used to differentiate between strategic, business, and operational plan.
Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc.
C. Planning group is used to group customers and vendors to enable accurate forecast.
Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc.
D. Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.
Answer: C,D

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