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WorksheetsGlobal Success Criteria - GSC
Total questions: 10
Worksheet time: 5mins
What is the concept of the new account status Yellow?
To reconcile an account with risky Amount At Issue
Define a RED account for the next period
When the Account Owner overwrites an account status from RED to GREEN
An Account with multiple open items pending to be cleared
When an account has not a defined aging it should be...
180 Days
120 Days
90 Days
365 Days
A BSR exception should be created when...
There is a gap in my process
There is a legal requirement or valid business scenario
There is an inverted balance for 6 months
There are multiples open items without solution
Who should approve a regional exception?
My manager (B1)
HR and Market leader
The GPPO and BSR service management team
HRSS Vice president (B5)
The meaning of liabilities is?
Money that the company spends to produce the goods or services that it sells
Tangible and intangible items that the company owns
The P&G inventory
Money that the company owns to others (i.e EE or 3PP)
Which of the following account categories are part of HRSS?
SRA, Miscellaneous expenses & Income tax
Assets, NOS & Employee benefits
Assets, liabilities & Salaries and wages
Liabilities, MSA & Equity
An example of a provision is...
An employee loan
Employee Severance
ISOP
Salary payment
An inverted balance reason for account receivables is...
The company made an incorrect payment to the government
The company is receiving a HELP instead paying an SRA expenses
A group of employees have an overpaid loan
A vacation provision is increasing in a monthly basis
Which is the aging for account receivables for example (Loans and claims)
120 Days
30 Days
180 Days
365 Days
What is the importance of accounting reconciliation?
Each payroll run contains the instructions to deduct and pay balances on behalf to the employee
To submit the account reconciliation into BSR Tool before +12WD
Solve accounting issues and prevent them in the future
All of the above
