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All of the following items are typically addressed in an organization's vendor setup guidelines except:
A. Verification that the vendor is not already in the system
B. Whether or not the vendor outsources its order fulfillment process
C. The conventions for the way letters and abbreviations must be entered
D. Validating that the person who requested the new vendor is authorized to do so
Answer: B
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
What is a "direct spend" invoice for?
A. Repairs
B. Material
C. Inventory
D. Supplies
Answer: C
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
Which of the following is necessary to prepare a 1099?
A. A W-2 for all reportable vendors
B. A PTIN for all reportable vendors
C. A TIN for all reportable vendors
D. A W-4 for all reportable vendors
Answer: C
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
In order to be SOX compliant, the T&E process in the U.S. must:
A. I only (Ensure correct and accurate recordkeeping)
B. I and III only (Ensure correct and accurate recordkeeping; Include report generation with visibility at all required levels)
C. II only (Provide a reliable approval workflow)
D. I and II only (Ensure correct and accurate recordkeeping; Provide a reliable approval workflow)
Answer: D
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
Assigning a user name and password is one method of:
A. Data authentication
B. Security lockdown
C. Robotic process automation
D. Optical character recognition
Answer: A
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
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