Page 86 - Administering the System Participant Guide (SDL)

APPENDIX A: Check Your Understanding Answer Key

Lesson 1: Managing Organizations

You create an organization in the system and need to allow transactions as
well as associate this new organization to the correct Financial Organization
Parent that is already in your system; however, those boxes are currently
grayed out. What do you need to do to allow edit for these fields?

a) Check the box for “Financial Organization”
b) Change the Organization Type to “Financial” or “Internal”
c) Choose the Organization Parent on the Profile tab

You now realize that you mistakenly checked the financial organization box on
an organization and saved the file. However, this new organization will be
used for customer billing, and it will not represent one of the departments,
regions, or divisions of a Legal Entity. How can you correct the organization
record?

a) Once checked and saved, this box cannot be unchecked
b) Edit the organization profile to uncheck the box and save
c) Submit a Support ticket to have this corrected

Lesson 2: Managing Bank Accounts

Why is a duplicate of the Operating Account Bank Account necessary for
processing ACH transactions?

a) Each accepted method of payment should have its own Bank
Account
b) To reconcile both checks and ACH payments to the same
checking account
c) To enable the payment of vendor invoices using ACH

APPENDIX A: Check Your Understanding Answer Key ©2021 Unanet. All rights reserved.
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