1.

The valuation run analyzes the accounts and documents defined in the parameters and creates:
(10 Points)
Dunning Proposal
Dunning Procedure
Value adjustment key
Valuation Proposal
Balance Confirmation
2.The following statement are steps in closing operation at account receivable:
(10 Points)
Send balance confirmations to customer
Run value adjustment program
All choices are correct
Run balance carry forward program
Run valuate foreign currency program
3.A _____________________ must be entered in a customer's master record so that customer
can be included in the valuation program to estimate bad debt expense.
(10 Points)
Value adjustment key
Reconciliation Account
Movement Type
Posting Key
Account Group
4.User can use a valuation program to carry out value adjustments.
(10 Points)
False
True
5.At ___________________, the balance carry forward program is run, which ensures that the
balance on customer accounts is carried forward to the new fiscal year.
(10 Points)
The end of new fiscal year
The end of fiscal year
The start of the new fiscal year
The middle of fiscal year
6.The following statement are true about Valuation run, except:
(10 Points)
Valuation run analyzes the accounts and documents defined in the parameters and creates a
valuation proposal
 Valuation run can be used to discount open accounts receviable
We need to maintain value adjustment key in customer master record
A certain percentage of total amount, whether it's over due or not, is used as basic
calculation of the valuation
7.The parameters in valuation run involve the following information?
(10 Points)
Posting Specification
Value Adjustment Key
Valuation Method
Reconciliation Account
Valuation Area
8.The valuation run can be determined using a value adjustment key contained in the customer
master.
(10 Points)
False
True
9.After the balance carry forward program is run, the next step is?
(10 Points)
Block posting periods for customers and open special periods for customer
Close special periods for customer
Send balance confirmation to customer
Run valuate foreign currency program
10.Several valuation keys can be created for customers of varying credit strength.
(10 Points)
False
True