CAP QUIZ

Can user change the vendor code during invoice validation if the vendor submitted their invoice using wrong vendor portal account?

• Yes

• No

Below are the advantages of submitting invoice via vendor portal by vendor EXCEPT:

• User will be able to view invoices pending verification in their dashboard and proceed with validation

• User need to split the invoice submitted by vendor

• Vendor will be able to view their invoice status in vendor portal

• User don’t have to provide hardcopy to CAP

What is the reason for the above error message to pop up?

• Invoice date is greater than submission date

• Vendor code is blocked for posting

• Posting date is not the current date

• Tax code selected wrongly

• Error in G/L code and Cost Centre

Withholding tax is a tax imposed by the Malaysian Inland Revenue Board (IRB) on non-resident companies / Individuals for income derived from Malaysia. Hence, we are required to deduct withholding tax (where applicable) at the prescribed rate from payments to non-residents. As such, which invoice is subject for WHT:

• Invoice for services rendered outside Malaysia.

• Invoice for services rendered inside Malaysia.

• Invoice for equipment / Hardware

• Invoice for software & License fees

• Invoice for rental of moveable property

What is the general tax rate if foreign company has a branch in Malaysia

• 10%

• 15%

• 13%

• 3%

Invoice rejection is an additional cost to Maxis, therefore, in which situation is it considered valid for an Invoice to be ‘Rejected’?

• Invoice details do not match with PO

• Invoice addressed to wrong PIC

• Invoice addressed to wrong entity

• Invoice submitted with no GR

• Invoice amount is lesser than PO amount

Which statements below is TRUE?

• Maxis standard payment term is 90 days

• Monthly payment cycle is on the 2nd last working day of the month end

• Maxis will issue an in-house cheque for urgent payment requests

• Vendor will receive payment advice once payment made by bank

• Maxis foreign vendor payment cycle is once a month

Vendor submitted invoice addressing to the wrong PIC. How do you tackle this issue ?

• Validate the invoice

• Forward the invoice to the correct user & inform vendor

• Inform CAP and seek assistance

• Reject the invoice & inform vendor

• Ignore the invoice as it doesn’t belong to me

User is not encouraged to submit invoice via email ([e-mail]) except for:

• Electricity Invoice

• One time vendor Invoice

• Rental Invoice

• Petty Cash

Which statement below is false:

• Creator & Requester can be the same person

• Requester & Approver can be the same person

• Budget Coordinator & Approver can be the same person

• Budget Coordinator & Creator be the same person