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- Question 1 of 10
1. Question
Is the following statement true or false?
Provision for Receivables and Provision for Missing Actuals are the two provisions you get from Amazon.
CorrectIncorrect - Question 2 of 10
2. Question
Is the following statement true or false?
The Provision for Receivables is an estimate of what Amazon calculates your monthly Agreement Deductions will be based on an estimated Net Receipts for the month.
CorrectIncorrect - Question 3 of 10
3. Question
Is the following statement true or false?
You can find your Provisions from Amazon on your remittances from Amazon.
CorrectIncorrect - Question 4 of 10
4. Question
Is the following statement true or false?
Amazon normally emails the Remittance to you, or you can download your Remittances and their details from the “Remittances” page under “Payments” on Vendor Central.
CorrectIncorrect - Question 5 of 10
5. Question
Is the following statement true or false?
In Accounting Terms, a provision is an amount that you put aside in your accounts to cover a future liability.
CorrectIncorrect - Question 6 of 10
6. Question
Is the following statement true or false?
There is no purpose to a Provision.
CorrectIncorrect - Question 7 of 10
7. Question
Is the following statement true or false?
You can not avoid Provisions for Missing Actuals.
CorrectIncorrect - Question 8 of 10
8. Question
Is the following statement true or false?
You cannot avoid Provisions for Receivables.
CorrectIncorrect - Question 9 of 10
9. Question
Is the following statement true or false?
A Provision is normally recorded in a Liability Account.
CorrectIncorrect - Question 10 of 10
10. Question
Is the following statement true or false?
You, as a Vendor, can record a Provision in the same account as the expense is normally captured in.
CorrectIncorrect