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CIPS L6M1 exam
  • Exam Code: L6M1
  • Exam Name: Strategic Ethical Leadership
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
Bonus Inc. implemented the ERS functionality in Oracle Purchasing. The Pay on Receipt process is run nightly. The Summary level is set to Pay Site at the supplier site and the Match Approval option on PO shipment is set to Four-Way. Purchase order #001 of 150 units at a unit price of $1 was received in total as Receipt #R-PO001, but not yet inspected and delivered. On the same day, from Purchase Order #002 of
100 units (at a unit price of $1), 50 units was initially received as Receipt #R-PO002, inspected, and delivered. Both purchase orders have the same item, supplier, and supplier sites. What would the Pay on Receipt process generate for these transactions?
A. a $50 invoice
B. a $250 invoice with invoice validation for $50 on hold
C. a $150 invoice and a $50 invoice
D. a $250 invoice
E. a $200 invoice with invoice validation on hold
Answer: E
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
How can financial data be stored in the SAP S/4HANA system tables? There are 2 correct answers to this question.
A. There can be a line item in ACDOCA without a corresponding line item in BKPF.
B. There can be a line item added in BSEG without a corresponding line item in U ACDOCA.
C. There can be a line item in BSEG without a corresponding document in BKPF.
D. There can be a line item in ACDOCA without a corresponding line item in BSEG.
Answer: A,D

NEW QUESTION: 3
Which of the following encrypt/decrypt steps provides the GREATEST assurance of achieving confidentiality, message integrity and nonrepudiation by either sender or recipient?
A. The recipient uses the sender's public key, verified with a certificate authority, to decrypt theprehash code.
B. The encryptedprehash code is derived mathematically from the message to be sent.
C. The encryptedprehash code and the message are encrypted using a secret key.
D. The recipient uses their private key to decrypt the secret key.
Answer: A
Explanation:
Most encrypted transactions use a combination of private keys, public keys, secret keys, hash functions and digital certificates to achieve confidentiality, message integrity and nonrepudiation by either sender or recipient. The recipient uses the sender's public key to decrypt the prehash code into a posthash code, which when equaling the prehash code, verifies the identity of the sender and that the message has not been changed in route; this would provide the greatest assurance. Each sender and recipient has a private key known only to themselves and a public key, which can be known by anyone. Each encryption/decryption process requires at least one public key and one private key, and both must be from the same party. A single, secret key is used to encrypt the message, because secret key encryption requires less processing power than using public and private keys. A digital certificate, signed by a certificate authority, validates senders' and recipients' public keys.

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