Page 30 - Participant Guide - Unanet GovCon Using Accounts Payable

APPENDIX A: CHECK YOUR UNDERSTANDING ANSWER KEY

Lesson 1: ACCOUNTS PAYABLE (AP)

1. What Financials administrative items are required to process Accounts
Payable transactions?
a) Bank accounts and payment methods - This is an incorrect answer
because active vendor orgs and profiles are also required
b) Active Vendor orgs and profiles, bank accounts, and payment
methods - This is the correct answer because all listed items
are required to process AP transactions in Unanet
c) Active Vendor orgs and payment methods - This is an incorrect
answer because profiles and bank accounts are also required

2. What role(s) are needed to post and void AP transactions, and to view AP
reports?
a) AP Admin - This is an incorrect answer because the AP Admin
cannot post and void AP transactions nor view AP reports
b) AP Poster and AP Viewer - This is the correct answer because
the AP Poster can post and void AP transactions, and the AP
Viewer can view AP reports
c) AP User and AP Poster - This is an incorrect answer because the
AP User cannot post or void, and the AP Viewer views AP reports

3. What must be assigned to at least one bank account in order to process
system checks within Unanet?
a) Credit Card Account - This is an incorrect answer because you
must designate it as a checking account not a credit card account
b) Checking Account - This is the correct answer because if you
plan to print system checks from Unanet, you must use a real
bank account and designate it as a checking account
c) Savings Account - This is an incorrect answer because you must
designate it as a checking account not a savings account

APPENDIX A: CHECK YOUR UNDERSTANDING ANSWER KEY
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