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L3M6

Exam Code: L3M6

Exam Name: Socially Responsible Warehousing and DistributionCertification

Version: V16.75

Q & A: 400 Questions and Answers

L3M6 Free Demo download

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NEW QUESTION: 1
For a user to login to Finacle Core, he/she needs to have profile in ___________.
A. SSO and Core
B. Core only
C. Either SSO or CORE
D. SSO only
Answer: A

NEW QUESTION: 2

A. The quantity in Column B is greater;
B. The relationship cannot be determined from the information given.
C. The quantity in Column A is greater;
D. The quantities are equal;
Answer: C
Explanation:
Explanation/Reference:
Explanation:

The quickest route to the correct answer is to compare corresponding terms. For example, compare (in


Column A) to (in Column B). Notice that . When you add the same number to a fraction's

numerator as its denominator, the fraction's value increases, and so . You can analyze the other corresponding fraction pair in the same way. The value of the each fraction in Column A is greater than the value of the corresponding term in Column B Thus, the sum of the fractions in Column A must be greater than the sum of the fractions in Column B.

NEW QUESTION: 3
To provide assurance that each voucher is submitted and paid only once, an auditor most likely would
examine a sample of paid vouchers and determine whether each voucher is:
A. Supported by a vendor's invoice.
B. Stamped "paid" by the check signer.
C. Prenumbered and accounted for.
D. Approved for authorized purchases.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. By stamping the voucher "paid," the check signer cancels the voucher so it cannot
be resubmitted for payment.
Choice "A" is incorrect. Even invoices that are supported by prenumbered sales invoices can be
resubmitted for payment if they are not canceled, resulting in duplicate payments.
Choice "C" is incorrect. Accounting for the sequence of prenumbered vouchers would only test whether all
vouchers are present. It would not prevent a voucher from being paid twice.
Choice "D" is incorrect. Proper authorization would help ensure that payments were properly authorized,
but would not prevent duplicate payments.

L3M6 Related Exams
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