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Exam Code: L3M2
Exam Name: Ethical Procurement and Supply
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
A US-based company is providing resources to a UK subsidiary and has implemented Oracle Projects intercompany billing solutions. How would the US company create the Accounts Payable invoice in the UK operating unit?
A. when the draftintercompanyinvoice is released in the US Projects Ledger
B. Invoice automatically createdas part of the PRC: Tieback Invoices fromReceivables in the USProject ledger
C. when the draft intercompany invoiceis approvedin the us Projects ledger
D. when the draftintercompanyrevenue is approved in the US Projectsledger
E. on creation ofthe Intercompany revenue in the US General Ledger
Answer: B
Explanation:
The provider operating unit runs the process PRC: Tieback Invoices from
Receivables, which automatically creates corresponding intercompany invoice supplier invoices
ready to be interfaced to Oracle Payables in the receiver operating unit.
Note:
See step 6 below.
Intercompany Billing Processing FlowIntercompany billing processing requires the following steps:
The provider operating unit also imports project-related supplier costs from Oracle Purchasing and
Oracle Payables and project-related expense report costs from Oracle Payables.
Use Oracle Receivables to print the invoice as well as to create accounting for Oracle Subledger
Accounting.
Reference:Oracle Project Costing User Guide,Cross Charge

NEW QUESTION: 2
A customer requires different retention categories for items in users' mailbox folders.
Which two options could an administrator use to assign different retention categories to items in the specified folders? (Select two.)
A. Enterprise Vault Policy Manager
B. Enterprise Vault Archive settings
C. Exchange Mailbox policy
D. Exchange Managed folders
E. Enterprise Vault Desktop policy
Answer: A,D
Explanation:
Topic 8, Describe the Exchange mailbox archiving process

NEW QUESTION: 3
In the diagram, R3 receives an LSA with the sequence number 111 from R7 and then receives another copy of the LSA with a sequence number 112 from R1. What does R3 do with the LSA from R1?

A. R3 installs the LSA received from R1 in its link state database and floods a copy to its neighbors .
B. R3 installs the LSA received from R1 in its link state database, sends an ACK to R1 and floods a copy to its neighbors .
C. R3 discards the LSA received from R1 and sends an ACK to R1.
D. R3 discards the LSA received from R1 and sends a copy of the LSA from its link state base to R1.
Answer: B


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