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WorksheetsHelpdesk-Recons-Escheatment
Total questions: 10
Worksheet time: 5mins
The process of turning over unclaimed or
abandoned property to a state authority is called?
Due Diligence
Vendor Recons
Factoring
Escheatment
Unclaimed checks are transferred to state authority after _____ months
4
5
6
3
______ is a note/memo indicating the amount owed by a company
Debit Note
Credit Note
Invoice
Vendor Statement
A note/memo indicating the amount owed to a company is called ______
Debit Note
Credit Note
Invoice
Vendor Statement
Transaction code used in SAP to get list of invoices processed for respective vendor?
FBL1N
MIRO
FB60
None
No. of modes that AP team can receive query?
2
3
4
1
Helpdesk executive owns end to end responsibility to resolve the query.
True
False
May be
Mowgli & Co. issued a check to Bagheera & co. for $5000 on 12th Feb, 2021. However check is unclaimed till date. What will be the escheatment day?
13th Jul, 2021
12th Jul, 2021
11th Jul, 2021
11th Aug, 2021
Baahubali & Co. paid $3240 instead of $2340 to Ballaladeva & Co. Who will issue credit memo and for what amount?
Baahubali & Co for $900
Ballaladeva & Co for $900
Baahubali & Co for $2340
Ballaladeva & Co for $2340
What is "Due Diligence"?
efforts made by company to claim the uncashed check
efforts of supplier to get re-issued check
efforts made by companies to reunite unclaimed property with the rightful owner
effort made by state authority to get unclaimed checks
