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Accounts Payable Trivia

Total questions: 29

Worksheet time: 17mins

Name
Class
Date
1.

What would you say is your level of understanding about the Accounts Payable Process?

a)

I feel very confident in understanding accounts payable!

b)

I'm not sure.

c)

I feel very unconfident about accounts payable.

d)

I need more training in accounts payable.

2.

The app or transaction to POST or BOOK a vendor invoice in SAP S/4 HANA is named...

a)

Post invoice

b)

Register new bill

c)

Create supplier invoice

d)

Incoming supplier bill

3.

The processes in scope for the AP BPO team are...

a)

Payment Processing and Vendor Creation

b)

Vendor Inquiries, Invoice Processing, and Payment Processing

c)

Vendor inquiries, vendor invoice processing and vendor reconciliations

d)

AP reporting, Client and Vendor Creation

4.

Legend Biotech main business is to ​ (a)   novel therapies, to improve the lives of ​ (b)   worldwide. They are exploring the potential of ​ (c)   to treat diseases that are considered intractable and incurable, such as hematological ​ (d)   and solid tumors.

Choose from the below words
develop and manufacture
patients
cell therapies
malignancies
5.

When a new invoice is received in the email ap.belgium@legendbiotech.com, it will create a ticket in

(a)  

6.

How many total invoice types do we have to process in the BPO according to the AP flowcharts?

a)

2 types: Invoice with a purchase order (PO) and invoice witout a PO

b)

3 types: invoice with direct PO, with an indirect PO and non-PO invoice

c)

3 types: invoice inventory, invoices non-inventory and invoices clinical

d)

4 types: invoice with PO direct, with PO indirect, Non-PO and Utilities

7.

Remember! Andres should handle all the ​ (a)   and escalations. Do not contact directly the client, everything should be filtered by ​ (b)   . It is easier for the client to have one central point of contact, and Andres as the team ​ (c)   has already established a relationship with ​ (d)   , James, Jessica, Alfi, etc.​

Choose from the below words
communications
Andres
lead
Zeke
8.

The AP Lead should analyze the ​ ​ (a)   report on a ​​ (b)   basis and follow up with end users

Choose from the below words
parked invoices
weekly
9.

What is the name of the option in SAP to attach a PDF invoice to the journal entry?

a)

upload an invoice

b)

attach an invoice

c)

add an attachment

d)

Add a link

10.

What are the most used VAT Tax codes for the vendor invoices of Belgium and Ireland?

a)

Belgium: V4 (22%), Ireland: Y5 (24%), V0 exempt.

b)

Belgium: V6 (Goods 20%), Ireland: Y5 (19%), V0.

c)

Belgium: V3 (21%), Ireland: Y4 (23%), V0 exempt.

d)

Belgium: V1 (20%) / Ireland: Y1 (23%), V0 exempt.

11.

Regarding the vendor master data, what is the information that the BPO team should review every month for new vendors?

a)

Tax ID, mailing address, contact email, and W9

b)

Vendor name, vendor number, bank account

c)

tax ID, vendor type, website

d)

Nothing should be reviewed because vendor master data is not in scope

12.

Legend Biotech Accounting team (Zeke, Anne, Alfi, etc) is located in...

a)

New Jersey

b)

New York

c)

Ireland

d)

Canada

13.

The app in SAP S/4 HANA to review all the transactions for a vendor is called...

a)

Open vendor invoices

b)

Supplier Invoices List

c)

AP aging

d)

Client Invoices list

14.

Reorder the following

a)

The PDF

b)

vendor invoice

c)

has to be inserted or attached

d)

to the SAP journal entry

e)

before saving.

1)
2)
3)
4)
5)
15.

The document type in SAP for a Non-PO invoice is...

a)

KR

b)

RE

c)

KG

d)

MN

16.

In Accounts Payable, What is a Three-Way Match?

a)

Matching amount of invoice with purchase order

b)

Matching the amount of invoice with the goods receipt or item receipt.

c)

matching the quantity of invoice, PO quantity and goods receipt (GR)

d)

match amount & quantity of invoice, with amount & quantity of the PO & GR

17.

What are the types of requests that will be received via SysAid?

a)

Vendor invoices, vendor inquiries, vendor statements, master data changes

b)

New client requests, vendor inquiries, new employee requests

c)

new instagram friend requests

d)

internal auxis emails

18.

Reorder the following

a)

Anytime you enter an invoice

b)

with PO for a service,

c)

it will always appear

d)

on the report

e)

“manage service entry sheet”.

1)
2)
3)
4)
5)
19.

If you are an Analyst or Senior, what should you do if an invoice has a difference with the PO and/or the GR?

a)

Park invoice, Contact the warehouse, if difference is for Item receipt

b)

Contact procurement if the differece is with the PO, to modify the PO

c)

Park invoice and forget about it, go to pick up some pop corns

d)

Park invoice, escalate to Andres, use SysAid & original ticket received

20.

The SAP company codes that you need to change before entering an invoice for Ireland, Belgium, and the US are...

a)

Ireland: 4310, US: 1710, Belgium: 4810

b)

Ireland: 45210, US: 1210, Belgium: 461

c)

Ireland: 4210, US: 1710, Belgium: 4610

d)

Ireland: 4210, US: 911, Belgium: 4610

21.

When you enter a ​ (a)   invoice, you need to clear out the ​ (b)   made by ​ (c)   , with the invoice.

Choose from the below words
Utilities
payment
direct debit
22.

When you don't know which account and cost center to use to post a non-PO invoice you should...

a)

Select an account from the chart of accounts

b)

Review prior invoices in SAP, or ask Andres to escalate to accounting team

c)

Take a break and think

d)

Ask Monica

23.

Reorder the following

a)

We are going live with

b)

Ireland, Belgium and Cayman

c)

on April,

d)

and with the US

e)

on July

1)
2)
3)
4)
5)
24.

When you receive a request from a vendor for a payment remittance or payment advice, you should:

a)

Ask Alfi to send the vendor the payment remittance

b)

Go to the Finance shared drive and look for it

c)

We don't send payment remittances to the suppliers

d)

Send the vendor the PDF remittance, looking for the payment number in SAP

25.

If a ​ (a)   doesn't have a ​ (b)   , the AP Lead should ask for a ​ (c)   to the vendor, copying ​ (d)   in the email.

Choose from the below words
PDF invoice
PO #
revised invoice
procurement
26.

When entering a supplier invoice, where should you enter the shipping, delivery, or extra charges shown in the invoice?

a)

in the "planned delivery cost" field

b)

In the "Unplanned delivery cost" field

c)

In the "delivery cost" field

d)

In the "additional costs" field

27.

Reorder the following

a)

The amount of VAT (tax)

b)

in the invoice

c)

should not be different

d)

from the tax we enter or calculate

e)

using the tax code in SAP

1)
2)
3)
4)
5)
28.

The app name to ​ (a)   the invoice with ​ (b)   (for utilities) is ​ (c)  

Choose from the below words
clear out
payment
"clear ongoing payments"
29.

Gustavo's birthday is on...

a)

Nov 5

b)

May 6

c)

Dec 3

d)

June 10