Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

AP Israel quiz

Total questions: 21

Worksheet time: 11mins

Name
Class
Date
1.

Since August 2023 rent has to be posted as...

a)

non-PO invoice

b)

PO invoice

c)

both non-PO and PO are possible (it depends on a mill)

2.

RPO has to be created for CN issued against...

a)

service PO

b)

material PO

c)

both service and material POs

3.

According to the new agreement, invoices without PO have to be...

a)

parked and sent back to supplier

b)

rejected and sent back to supplier

c)

blocked and sent back to supplier

d)

added to tracker on SP and sent back to supplier

4.

Who are you going to contact at first in case of tax ID mismatch on vendor account?

a)

Masterdata

b)

Procurement Manager

c)

ProcOps

d)

Vendor

5.

What is the T-code which should be used for non-PO invoice reversal?

a)

FB08

b)

MR8M

c)

F-02

d)

VA03

6.

Which of the below is NOT EF vendor?

a)

19104735 Ofertex Industries (1997) Ltd

b)

19104279 PLASTNIR AGENCY LTD

c)

19103851 Henkel Sod LTD

d)

19104713 GTC Clalit Commercial Services

7.

What are the most common payment terms in AP Israel?

a)

G110
(net 110 days)

b)

I122

(End of current month plus 122 days)

c)

I092

(End of current month plus 92 days)

d)

G120

(net 120 days)

8.

What document type ER is used for?

a)

vendor payments

b)

bank fees postings

c)

employee expenses (e.g. business trips)

d)

downpayments

9.

Unplanned delivery costs (UDC) can be posted by AP without any approval up to...

a)

50 ILS

b)

50 USD

c)

50 EUR

d)

100 USD

10.

What is SLA for SCF (invoice date -> releasing to CITI bank)?

a)

5 days

b)

10 days

c)

15 days

d)

20 days

11.

What is KPI for POT (Paid On Time) for AP Israel?

a)

>95%

b)

>84%

c)

>87%

d)

>78%

12.

Self-billing process exists in AP Israel.

a)

True

b)

False

13.

"SME" stands for...

a)

Senior Matter Expert

b)

Supervisor Matter Expert

c)

Subject Matter Expert

d)

Subject Major Expert

14.

Downpayment can be done only based on proforma invoice.

a)

True

b)

False

15.

What kind of advance payment must be submitted via Advance Payment Tool?

a)

Non-Exempt

b)

Exempt

c)

All types of Advance Payments

16.

What is our target for GRIR>90 days?

a)

10% of all open GRIR balance

b)

8% of all open GRIR balance

c)

5% of all open GRIR balance

d)

12% of all open GRIR balance

17.

Shipping invoice is a valid accounting document and can be posted.

a)

True

b)

It depends if vendor is domestic or foreign.

c)

False

18.

By what ME23N parameter we can check if PO belongs to Directs or Indirects?

a)

Purchasing Organization

b)

Profit center

c)

Material Group

d)

Valuation

19.

Who should be contacted when vendor account is blocked for posting?

a)

ProcOps

b)

Vendor

c)

Masterdata

d)

Financial Controller

20.

To reverse MR11, AP needs approval from...

a)

AP Manager

b)

Financial Controller

c)

Procurement Manager

d)

Budget Holder

21.

What AP team is the best? :)

a)

AP Israel

b)

Accounts Payable Israel

c)

AP IL

d)

All answers are correct