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CA Technologies CAT-240 Exam Sample Questions

Question: 3

What are the three classifications of Chargeback rules? (Choose three)

  1. Recovery rules
  2. Overhead rules
  3. Time-based rules
  4. Standard Debit rules
  5. Investment-specific Debit rules


Answer: BDE

Question: 1

The Financial Status determines how transactions entered against a project are handled. If you set the status to Hold, then:

  1. The project is no longer open for financial processing.
  2. Transactions can be fully processed within the system.
  3. New transactions cannot accumulate and credit memos cannot be issued against a project.
  4. New transactions cannot accumulate but existing transactions can be processed against the project.


Answer: D

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Question: 3

What are the three classifications of Chargeback rules? (Choose three)

  1. Recovery rules
  2. Overhead rules
  3. Time-based rules
  4. Standard Debit rules
  5. Investment-specific Debit rules


Answer: BDE

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Question: 1

The Financial Status determines how transactions entered against a project are handled. If you set the status to Hold, then:

  1. The project is no longer open for financial processing.
  2. Transactions can be fully processed within the system.
  3. New transactions cannot accumulate and credit memos cannot be issued against a project.
  4. New transactions cannot accumulate but existing transactions can be processed against the project.


Answer: D

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Question: 3

What are the three classifications of Chargeback rules? (Choose three)

  1. Recovery rules
  2. Overhead rules
  3. Time-based rules
  4. Standard Debit rules
  5. Investment-specific Debit rules


Answer: BDE

Question: 1

The Financial Status determines how transactions entered against a project are handled. If you set the status to Hold, then:

  1. The project is no longer open for financial processing.
  2. Transactions can be fully processed within the system.
  3. New transactions cannot accumulate and credit memos cannot be issued against a project.
  4. New transactions cannot accumulate but existing transactions can be processed against the project.


Answer: D

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