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Florida PALM - Accounts Receivable Quiz

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Florida PALM - Accounts Receivable Quiz

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Florida PALM - Accounts Receivable Quiz

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KIM.JACOBS@MYFLORIDACFO.COM
KIM.JACOBS@MYFLORIDACFO.COM
United States

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Florida PALM - Accounts Receivable Quiz
 

Florida PALM - Accounts Receivable QuizOnline version

Florida PALM - Accounts Receivable Quiz

by KIM.JACOBS@MYFLORIDACFO.COM
1

T/F: Agencies with an AR Agency Business System (ABS) may choose to continue recording and maintaining receivables in their ABS.

2

Receivables can be added to Florida PALM by:

3

__________ is responsible for auditing expenditure refunds:

4

Expenditure refunds are monies __________.

5

__________ are used to record deposits which are then matched to an Item in Florida PALM.

6

Customer payments interfaced to Florida PALM will be available for a deposit to be applied through __________ or __________.

7

If a deposit is related to a customer payment, a(n) __________ will need to be entered for Payment Predictor to match the customer payment to the item. 

8

If the Payment Predictor process is not selected, the Agency AR Deposit Processor builds a __________ and selects an open AR item to apply payment manually.

9

Once a write-off is approved by the DFS AR Write-off Approver, the __________ sets the Maintenance Worksheet to post.

10

__________ will be managed externally and not recorded in Florida PALM.

11

The customer account reflects __________.

12

The __________ reviews, pushbacks, or denies Expenditure Refunds.

13

If payments do not match through the Payment Predictor, there are scenarios where a user needs to create a payment worksheet and __________.

14

Agencies must __________ and __________ transactions prior to closing the AR Accounting period.

15

If a bank correction is needed, the Agency CM Requestor must contact Treasury through the __________.

 
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