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Exam Code: APS
Exam Name: Accredited Payables Specialist (APS) Certification Exam
Vendor: IOFM

60 Questions & Answers
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NEW QUESTION: 1
Which of the following are fiscal policy tools under the jurisdiction of the U.S. Congress?
A. the decision on whether to raise or lower the rate at which banks can borrow money from the Federal Reserve
B. Both A and B are fiscal policy tools
C. the decision on the amount of cash reserves that a bank must hold
D. the decision on whether to raise or lower effective tax rates
Answer: D
Explanation:
Explanation/Reference:
Explanation: The decision on whether to raise or lower effective tax rates is a fiscal policy tool under the jurisdiction of the U.S. Congress. The decision on the amount of cash reserves a bank must hold (the reserve requirement) and the decision on whether to raise or lower the rate at which banks can borrow money from the Federal Reserve (the discount rate) are monetary policy tools under the jurisdiction of the Federal Reserve.

NEW QUESTION: 2
Material requirements planning provides recommendations for which of the following processes?
A. Shop orders and capacity
B. Routing and lead times
C. Purchase orders and shop orders
D. Capacity and purchase orders
Answer: C

NEW QUESTION: 3
Which field identifies a ticket as relevant for a field service scenario?
A. Requires Work
B. Organization
C. Leverage indicators
D. Processing Type
Answer: B


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