We're so confident of our products that we provide no hassle product exchange.
Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:
1. While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds?
A) The expense auditor can manually release the payment hold at his discretion.
B) Payables Manager can release payment holds in Payables.
C) The employee's supervisor can manually release the hold.
D) The employee can manually release the hold.
E) Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.
2. You need to have your invoice line automatically distributed across multiple cost centers. For example, you want your monthly utility bill allocated across multiple cost centers based on a percentage.
Which two are valid methods to achieve this?
A) Define a distribution set and assign it manually to the invoice.
B) Define a distribution set and assign it to the supplier.
C) Choose the ,All Lines, option from the Allocate menu in the invoice line area.
D) Define a payment term and assign it to the invoice.
3. Your client company wants to ensure that the payments they are sending to their financial institution are valid and formatted correctly. They would like to identify any validation failures as early in the process as possible.
Where would you suggest the validations are set?
A) Payment Terms
B) Payment Format
C) Supplier Site
D) Payment Method
E) Disbursement Bank Account
4. Identify two ways the invoice imaging solution works in the Cloud.
A) Customers ask their suppliers to scan and email the invoice.
B) Customers scan the invoice on-premise and email the images.
C) Customers scan and store the invoice images on-premise and attach them during invoice entry.
D) Customers ask suppliers to send electronic invoices.
E) Customers cannot use invoice imaging in the Cloud.
5. Which three are Invoice Header attributes that can be used during invoice approval rule creation? (Choose three.)
A) Accounting Date
B) Requester Name
C) Statistical Amount
D) Business Unit Name
E) Pay Group Lookup Code
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B,D | Question # 3 Answer: C | Question # 4 Answer: B,E | Question # 5 Answer: B,D,E |
By John
