Oracle Financials Cloud Payables 2022

When creating a check payment, from where is the payment document defaulted?. Legal Entity. Bank. Business Unit. Bank Account. Supplier.

You want your expense auditors to audit only expenses reports for specific business units. How do you do this?. Create your own audit extension rules that correspond to the business unit. Assign the auditors' specific data roles for the corresponding business units. Create a custom duty role and assign the data roles to each auditor. Make auditors the managers of the corresponding business unit to route expense reports properly.

Which method can you use to route payment approval rules?. Approval Groups. Both Parallel and Sequential. Parallel. Serial and FYI (For Your Information). Sequential.

What job roles are required to access information within Functional Setup Manager?. Any Functional User. Application Implementation Manager. Application Implementation Consultant. IT Security Manager. Functional Setup Manager Superuser.

Your company policy requires that receipts be attached to expense report items before reimbursement can be made. Which two statements are true about the association of a receipt to an expense report? (Choose two.). Users can maintain scanned receipts in a central repository and provide a reference number in the expense report. Receipts are not required if the expense item falls within Per Diem Rates. Expenses do not create payment requests for expense reports that have missing or overdue receipts. An expense report may require original, imaged, or both types of receipts.

Which statement is correct if the payment terms entered in the invoice differ from the payment terms on the purchase order?. The user needs to specify which payment term to use. The payment term of the purchase order overrides the invoice payment term. The payment term of the invoice overrides the purchase order payment term. The purchase order payment term cannot be overridden. The user needs to manually change the payment term on the invoice to match the purchase order payment term.

Which two invoice types can have a status of incomplete?. Scanned invoices with incomplete or missing information. Supplier portal invoice which are rejected and resubmitted for approval. Prepayment invoices which are fully paid but not applied against any invoice. Scanned invoices which are rejected during import. Supplier portal invoices which are saved but not yet submitted.

You have successfully processed the expense reports for reimbursement and have transferred the information to Payables. What is the next step before you can pay them?. Transfer the data to General Ledger. Validate the invoice in Payables. Create a payment process request in Payments. Create Accounting for the invoice in Payables.

Your customer matches their invoices to a purchase order and have noticed that the payment terms are defaulting from the order. For some suppliers, they would like to use the payment terms from the supplier site. How can the customer achieve this?. Enter the payment terms in the Manage Payment Options page so they default onto the invoice. Enter the payment terms at the Supplier level so they default onto the invoice. Enter the payment terms at the supplier site level so they default onto the invoice. Manually override the payment terms that have defaulted from the purchase order for those suppliers. Enter the payment terms in the Manage Invoice Options page so they default onto the invoice.

You need to enter a last-minute invoice during the close process. What is the quickest way to enter and post the invoice to general ledger?. Enter the invoice via a spreadsheet. Then, from the Manage Invoices page, query the invoice, validate it, create accounting, and then open general ledger's Manage Journals page and post the associated invoice journal entry. Enter the invoice in the Create Invoice page, choose the Validate option, and then the Account and Post to Ledger option. Enter and post a manual journal entry directly into the general ledger. Enter the invoice via a spreadsheet and then validate, account, and post the invoice from the spreadsheet.

You have two business units, Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports for specific business units?. Use segment value security rules to secure access to business units. Assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles to each Expense Auditor. Assign the Expense Auditor as the owner of each business unit. Assign the Expense Auditor job roles to each auditor.

You would like to have the validation failure handling options in your payment process request. Which two places can you specify the default?. Manage disbursement system options. Manage common options for payables and procurement. Manage invoice options. Manage payment options. Payment process request template.

A Payment Process Request was submitted and errors were found in the payment file. The payment file and process were terminated. Which two statements are true? (Choose two). The invoices are placed on payment hold. The status of each payment in the payment file is Terminated. The status of the payment file is Terminated. The status of each payment in the payment file is Cancelled and the related documents are available for future selection. The status of the payment file is Cancelled.

Which three are Invoice Header attributes that can be used during invoice approval rule creation? (Choose three). Business Unit Name. Pay Group Lookup Code. Statistical Amount. Requester Name. Accounting Date.

You have 10 ledgers and 30 business units and want to leverage Preference Data Sets. What is the function of Reference Data Sets?. Allow you to secure data by business unit. Allow you to assign multiple business units to users in a shared service center. Allow you to maintain sets of related data in a Data Dictionary. Allow you to share reference data, such as payment terms, across multiple business units to avoid redundant setup.

In the implementation project, there is a requirement to add new transaction attributes to the notification. Which two business intelligence catalog objects should you copy (or customize) and edit. The output types. The data model. The original source. The layout-template. The style-template.

Identify three scenarios where you are not allowed to cancel an invoice. (Choose three). Prepayments were applied to the invoice. An accounting entry has been created for the invoice. The invoice is validated. The invoice is fully or partially paid. The invoice was adjusted by a credit or a debit memo.

You want to route invoices to three different approvers at the same time and only one approver needs to approve the invoice. Which approval ruleset should you use?. InvoiceApproversFYIParticipantInParallelMode. InvoiceApproversSingleParticipantInParallelMode. InvoiceApproversParallelParticipantInParallelMode. Invoice Approvers.

Which two statements are true about processing corporate card expenses? (Choose two). Conversion rate defaults apply only to cash expenses, not to corporate card expenses. Usage policy for expense category tolerances does not apply to credit card expenses. Card transactions will be paid directly from Expenses Cloud. You can process payment for credit card using Electronic funds transfer, check, or wire. Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to cash expenses.

You need to create a payment for a supplier before the next payment run. The invoice you wish to pay is not available for selection in the Create Payment page. Which two are possible reasons for this? (Choose two). The payment supplier site is different to the supplier site on the invoice. The invoice is not yet due. The invoice is not validated. The payment method for the invoice is Electronic. The invoice is not accounted.

While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds? (Choose two). The employee can manually release the hold. Payables Manager can release payment holds in Payables. The employee's supervisor can manually release the hold. The expense auditor can manually release the payment hold at his discretion. Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.

Which three are attributes that are recognized by Invoice Imaging? (Choose three). Invoice Number. Payment Method. Terms Date. Invoice Date. PO Number.

Which two setups are required to ensure the same tax is applied on both intercompany payable and receivable invoice?. Ensure that both the Receiver and Provider business units and legal entities are subscribed to the applicable tax regime on the transaction date. Payable options are receivable system options should have same tax application options. First enter Payable transaction to calculate tax and then for Receivable transaction. Tax for inter-company is to be loaded using Create Taxable Transactions in Spreadsheet. You should check if any specific rules defined should cover both Sales transactions and purchase transaction business category.

An invoice for $1,000 USD and a credit memo for ($1,100) USD are due for payment. What are the two outcomes if you chose the "Apply Credits Up to Zero Amount" option when submitting a Payment Process Request? (Choose two). Both the invoice and the credit memo are included in the Payment Process Request. Neither the invoice nor the credit memo is included in the Payment Process Request. Both the invoice and the credit memo are fully paid. Only the invoice is paid fully but the credit memo is partially paid with a credit of ($100) USD remaining.

You need to create a recurring expense for one of your regular expenses. Which three are frequencies that you can choose for these types of expenses? (Choose three). Weekly. Monthly. Bimonthly. Biweekly. Annually.

A user, while entering an invoice for an asset for capitalization, has entered the GL Distribution charge Account. Identify the asset related account to which this invoice should match in order for it to be automatically converted into an asset in Fusion Assets. Depreciation Account. Asset Cost Account. Asset Clearing Account. Accumulated Depreciation Account. Asset Amortization Account.

Which three sub ledger accounting components can have conditions in the rule?. Journal Entry Rule Set. Account Rule. Supporting References. Description Rule. Journal Line Rule.

Before you can configure payment approval rules, your company must define a payment approval policy. Which three are done by the payment approval policy? (Choose three). It allows approvers to review payments and decide whether or not to approve a payment. It defines criteria for triggering the payment approval process, such as payment amount, bank account, or pay group. It defines a list of approvers who review payments and make final payment decisions. It defines when to initiate the payment approval process. It determines which payments must go through the payment approval process.

Identify three benefits that a buyer company and supplier can receive from the Supplier Portal?. Suppliers can view and update their master information. Expenditure invoice processing and increase efficiency by allowing authorized suppliers to enter their invoices against approved purchase orders. Enhance supplier relationship and reduce communication overhead by providing suppliers a quick view of invoice and related payments regardless of whether invoices were submitted online or processed manually. Reduce human error and prevent unauthorized purchasing with an automatic approval process for unmatched invoices. Supplier can view their purchase order information.

Which two statements are true related to configuration package? (Choose two). You can export and import the custom roles from Oracle Identity Manager. You can export and import the allocation rules from the allocation manager. You can export and import the approval rules from the approval management engine. You can export and import selected business units. You can export and import selected business object services.

A Bill Payable document was paid but has not yet matured. What is the status of the payment?. In Transit. Cleared. Negotiable. Issued.

You have a high volume of invoices to enter that have similar lines and do not require extensive validation. What must you do if you want to group multiple invoices in a batch during spreadsheet entry?. Make sure the Invoice Number is the same. Make sure all the invoice dates are the same. Assign the same Invoice Header Identifier to multiple invoices you want to group. Enable the invoice option Require Invoice Grouping, and the system automatically groups invoices entered in the same spreadsheet. Enter a value in the Invoice Group field to group similar invoices into a batch.

What is the recommendation when setting up Reconciliation Rule Sets?. One to One rules should be sequenced below rules of other types. Many to Many rules should always be used last in the sequence. One to One rules should be sequenced above rules of other types. Many to Many rules should always be used first in the sequence.

You are using the Payable's Deferred Expense feature (also known as Multiperiod Accounting). You have entered an invoice for a three-month lease that is entered on Jan 10th. The total expense is $12,000 and it covers the rental period from Jan 1st to Mar 31st. Assuming that the rental expenses are split evenly per month and a monthly accounting calendar is used, what would the accounting entry be?. On Jan 10th, Debit Prepaid Expense for 12,000 and Credit Liability 12,000. On Jan 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000 On Feb 28th, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000. On Jan 10th, Debit Prepaid Expense 12,000 and Credit Liability for 12,000 and then On Jan 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000 On Feb 28th, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000. On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000 On Jan 10th, Debit Rental Expense for 12,000 and Credit Cash for 12,000.

The Apply Missing Conversion Rates program can only be executed for a__—?. Legal Entity. Business Group. Ledger Set. Ledger. Business Unit.

Which three are subject area subfolders that report Payables reconciliation differences to General Ledger? (Choose three). Reconciliation Payment Details. Reconciliation Prepayment Application Details. Reconciliation Invoice Details. Reconciliation Invoice Hold Details. Reconciliation Invoice Request Details.

What are the three prerequisites for applying a prepayment to an invoice?. The prepayment has the same payment currency as the invoice. The prepayment has the same supplier number as the invoice. The prepayment has the same payment term as the invoice. The prepayment has the same requester as the invoice. The prepayment has the same invoice currency as the invoice.

You are voiding a payment and have selected Cancel as the Invoice Action. After performing the void, you notice the invoice is not cancelled but has an Invoice Cancel hold on it. What is reason for this?. The invoice has been partially paid by another payment. The invoice date is not in the current open period. The invoice is already on hold. The invoice accounting date is not in the current open period.

Which two statements are true when you are using the Intercompany Reconciliation Reports? (Choose two). The Reconciliation Period Summary Report will not show the Intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature. You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization. The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature. The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the second balancing segment on the third balancing segment is out of balance. You must run the prepare intercompany reconciliation reporting information process.

You need to have an 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. Select two methods to achieve this. (Choose two). Configure Subledger Accounting rules to allocate costs. Define a distribution set and assign it manually to the invoice. Choose the 'All Lines' option from the Allocate menu in the invoice line area. Define a distribution set and assign it to the supplier. Define a payment term and assign it to the invoice.

Which two statements about the submission of invoices by suppliers using Supplier Portal are true? (Choose two). A supplier can make changes to the invoice after submitting it. A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations. A supplier can submit a single invoice against multiple purchase orders, provided the currency and organization for all the invoice items are the same as those on the purchase orders. A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed. A supplier can validate the invoice after submitting it.

What is the invoice type of an unapproved, unmatched invoice that was created in the Supplier Portal?. Standard Invoice. Standard invoice request. Credit Memo. Supplier payment request. Supplier Invoice.

An invoice for $1,000 USD and a credit memo for ($1,100) USD are due for payment. What are the two outcomes if you chose the "Apply Credits Up to Zero Amount" option when submitting a Payment Process Request? (Choose two). Both the invoice and the credit memo are included in the Payment Process Request. Neither the invoice nor the credit memo is included in the Payment Process Request. Both the invoice and the credit memo are fully paid. Only the invoice is paid fully but the credit memo is partially paid with a credit of ($100) USD remaining.

What data can you find in an Oracle Transactional Business Intelligence subject area attribute column?. Values that are organized into parent-child relationships. Data that is metric and can be added up or aggregated. Information about a business object with values that are dates, Ids or text. Data that provides a measure of something.

Which expense approval rule would route the approval to the next level if the approval amount reaches the threshold?. Approvals based on the position hierarchy. Approvals by supervisors. Approvals by project managers. Approvals by cost center managers. Approvals by expanse templates.

XYZ Supplier has third party relationships defined with ABC Supplier and ACME Corporation. However, when reviewing the invoice installments for XYZ Supplier the payables specialist is unable to override the remit-to supplier name and address on the Invoice installments. What is the reason for this?. The option 'Allow remit-to supplier override for third-party payments' is not checked in the Invoice Options page for the business unit. The option 'Allow remit-to supplier override for third-party payments' is not checked in the Common Options for Payables and Procurement page for the business unit. The option 'Allow remit-to supplier override for third-party payments' is not checked in the Payment Options page for the business unit. The option 'Allow remit-to supplier override for third-party payments' is not checked in the Disbursement System Options page for the business unit.

A company wants to default the business unit for a user In Oracle Fusion Payables. Identify the setup that meets this requirement?. Payables Options. Financial Options. Common Options for Payables and Procurement. Payables System Setup. Setup and Maintenance.

You are resolving payment validation errors during the payment build process. Which two actions can you perform to resolve these errors?. Run the create accounting program. Run the invoice validation program. Remove the documents or payments causing the error and resume the payment process. Correct the setup errors for remittance bank accounts, third party payees, payment methods, or payment formats and submit resume payment process. Terminate the payment process request.

Identify three fields that will be extracted from an invoice when using the Integrated imaging solution. Supplier Name. Item Number. Item Price. Invoice Amount. Purchase Order Number.

An invoice is created, paid, and is accounted for. Two adjustments are made to the invoice and validated with the same accounting date. Which statement is correct?. A payment adjustment is created for both adjustments. Only one payment adjustment event is created because the first payment adjustment event has not been accounted. The payment adjustment event created in the first instance will be overwritten by the second. A payment adjustment event is created in the second instance even though the first event had not been accounted. A payment adjustment event is NOT created in both the cases.

Which three are invoice types that can be entered using the Supplier Portal? (Choose three). Invoices that are automatically created when the supplier creates an ASN for drop shipments. B2B XML invoices. Non purchase order matched invoices. Invoices that are created from the Evaluated Receipt Settlement (ERS) process. Purchase order matched invoices.

Which two organizational components are part of the OTBI report for outstanding payables Invoices?. Business Group. Inventory Organization. Human Resources Organization. Legal Entity. Business Unit.

Which job role has full access to perform all Functional Setup Manager related activities?. Application System Administrator. Any Functional User. Functional Setup Manager Superuser. IT Security Manager. Application Implementation Consultant.

Your client company has two business units and requires the Payables Specialist to process invoice transactions for both business units. What setup is required to achieve this?. A Self-Service Service Provider Model. A Dedicated Service Provider model. Business Unit Security. A Dedicated and Self-Service Service Provider Model.

Which reporting tool is used to report on real-time data?. Essbase Cube. Smart View. Oracle Business Intelligence Publisher. Oracle Financial Reporting Studio. Oracle Transactional Business Intelligence (OTBI).

Which is the Payables tool based on real-time data?. Essbase Cube. Oracle Financial Reporting (FR). Oracle Transactional Business Intelligence (OTBI). Smart View. Oracle Business Intelligence Applications (OBIA).

You entered an invoice of 12,000 and paid it for Office Suppliers. The payment was never received by the supplier, and you decide to return the entire order. What should you do?. Cancel the invoice, which debits the liability and credits the expense. Issue a credit memo, which will debit the liability and credit the expense. Void the payment, which debits cash and credits the liability, and then issue a credit memo, which debits the liability and credits the expense. Void the payment, which debits cash and credits the liability, and then cancel the invoice, which debits the liability and credits the expense.

During its first month end close, a company has an Invoice with a Hold status dated 16-Jan-2021. Its accounting practice permits the transfer of unaccounted transactions from one period to another. What will happen if it runs the Payables Unaccounted transactions Sweep program?. The accounting date of the invoice will change to the first day of the new period specified. The accounting date of the invoice will change to the same day of next period. The accounting date of the invoice will change to the same day of the new period specified. The accounting date of the invoice will change to the first day of the next period. The accounting date of the invoice will NOT change but the user can close the existing period.

Which three reports are generated by the export setup data process? (Choose three). Exported Business Object Report. Process Results Report. Process Results Summary Report. Process Results Detail Listing Report. Setup Data Report.

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?. Supplier Site. Payment Method. Payment Format. Payment Terms. Disbursement Bank Account.

A company is centralizing their payment processing using the service provider model. Which reporting level has to be used to run the Prepare Payables to General Ledger Reconciliation report?. Running the Prepare Payables to General Ledger Reconciliation report is NOT available when there is a centralized payment processing. Run the Prepare Payables to General Ledger Reconciliation report for combination of Ledger and Balancing Segment Value. Run the Prepare Payables to General Ledger Reconciliation report at Ledger level. Run the Prepare Payables to General Ledger Reconciliation report at Business Unit level.

Which three options are used to sort the Unaccounted Transaction Report?. Transaction Date. Transaction Source. Transaction Currency. Transaction Number. Transaction Type.

Which reports can show you differences between your subledger balances and general ledger balances to help you reconcile quickly?. Payables to Ledger Reconciliation report. Payables Aging reports with the General Ledger Trial Balance report. General Ledger Financial Statements and the Accounts Payable and Invoice Registers. Payables Trial Balance and General Ledger Trial Balance reports.

You purchased a computer from Company A for 2000 USD. Company B ships you the computer with freight charges of 100 USD. You would like the cost of the computer to include those freight charges. How can you achieve this?. Choose Match to Receipt. Enter the Invoice manually and add the freight line. Choose to Match to Receipt Charges. Choose to Match to Invoice Lines. Choose to Match in full to the Purchase Order.

An employee traveled to a different city on a business trip. During the course of travel, the employee used the corporate card provided by his company for both business and personal expenses. Upon his return, the employee created an expense report. The company is processing the expense report as Both Pay Corporate Card Transactions. What will the result be?. Only business expenses incurred using the corporate card will be reimbursed to the card issuer. Reimbursements will be made to the employee instead of corporate card issuer. All expenses incurred using a corporate card will be paid to the card issuer. Both business and personal expenses will be reimbursed to the employee. Reimbursement will be made to the employee and the corporate card issuer.

You need to route invoices to three different approvers at the same time, and only one approver needs to approve the invoice. Which approval ruleset should you use?. SingleTypeParticipantInParallelModeRuleSet. FyiTypeParticipantInParallelModeRuleSet. InvoiceApprovalRuleSet. ParallelTypeParticipantInParallelModeRuleSet.

The Payment Process Request section of the Accounts Payables dashboard has a tab called Recently Completed. This tab displays all the payment process requests completed in the last?. 15 days. 7 days. 21 days. 10 days. 30 days.

Which three are supported image formats for the Integrated Imaging solution? (Choose three). RTF. JPEG. TIFF. XLS. PNG.

You have evaluated the use of oracle maps cloud service with expenses for mileage calculation. The decision is to use this feature. How do you enable the feature?. Set enable oracle maps to yes in the expenses report template. Set the profile option ORA_EXM_ORACLE_MAPS to yes at the site level. Set enable oracle maps to yes in the expense mileage polices. Set enable oracle maps to yes in the expenses system options.

You have invoices with distributions across primary balancing segments that represent different companies. What feature should you use if you want the system to automatically balance your invoice's liability amount across the same balancing segments on the invoice distributions?. Payable's Automatic Offset. Intercompany Balancing. Subledger Accounting's Account Rules. Suspense Accounts. Payables' Allow Reconciliation Accounting.

A company has implemented the Integrated Imaging Solution. While extracting an invoice batch, RTS fails to extract and validate an invoice in the batch. What is the next step?. The entire invoice batch will be sent to IPM for routing including invoice failed validation. Only the invoices that failed validation will be marked as failed and these need to be resubmitted after corrections. The entire batch is marked as failed and needs to be resubmitted after corrections. The failed invoice will be removed from the batch and remaining invoices will be sent to IPM for routing. The failed invoices will be loaded with the data available and the users needs to enter the missing information manually.

You are testing the payables to general ledger reconciliation report at the ledger level for the extract for the report but the request returned the message no data to display. What is the reason for this?. You did not specify the range of liability accounts to include in the extract. The financial category of accounts payables is not assigned to the liability account. The reconciliation flag has not been enabled for your liabilities accounts. You did not selected the business units associated to the UK ledger.

Identify three sections that are part or the Accounts Payables Dashboard?. Payables Process Request. Payments Files Requiring Attention. Available Payments. Invoice Requiring Attention. Supplier Sites on Payment Hold.

An Office supplies company requires an advance payment of $8000 for the office supplies you wish to order. You enter and pay a prepayment type invoice for $8000. You enter the standard invoice to book the expense which totals $10000 and you apply the prepayment to the standard invoice. What are the accounting entries for that standard invoice with the prepayment application?. Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.The prepayment application has no impact on the Invoice. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability 8000 Cr Prepayment Account 8000. Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000. Prepayment application - Dr Expense Account 8000 Cr Prepayment Account 8000. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability Account 2000 Cr Prepayment Account 2000.

What does the place of supply rule value "bill to party" imply in an oracle payables invoice?. Location assigned to the business unit for the transactions. Location assigned to the legal entity reporting unit for the transactions. Location assigned to the supplier party for the transactions. Location assigned to the legal entity for the transactions.

Which dashboard or work area displays the Scanned Invoices region for invoices processed through the Payables Integrated Imaging solution?. C-level executives. Manage Invoices page. Invoices Work area only. Payables Dashboard and Invoices Work area. Payables dashboard only.

You have an invoice with a payment term that has the following settings: * Day of Month = 15 * Cut off Day = 11 * Months Ahead = 0 * Terms Date on Invoice = January 12th What will the resulting due date for the invoice installment be?. March 15th. January 15th. April 15th. February 15th.

Which invoice types can be included in the Create Payment flow?. Standard, Credit Memo and Debit Memo. Standard, Credit Memo and Customer Refund. Standard, Credit Memo, and Invoice Request. Standard, Debit Memo and Customer Refund.

A company has a requirement to default the disbursement bank account when submitting a Payment Process Request. Which actions will accomplish this? (Choose two). Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account. Define the Disbursement Bank Account to the Payment Method in payment default rules. Define the Disbursement Bank Account to every supplier. Create a Payment Process Request template that includes the Disbursement Bank Account. Assign the Disbursement Bank Account to users to have the payment process default the bank account.

Certain suppliers that your customer regularly deals with are exempt from tax. How would you configure tax for this?. Enable the relevant suppliers for Offset Tax and create an Offset Tax to remove the calculated tax line from these suppliers. Define a Tax Status and Rate for Exempt, define a Party Fiscal Classification of Exempt, assign it to the relevant suppliers, and write a rule to incorporate the exempt Party Fiscal Classification. Create a new Tax Regime for the Exempt tax and subscribe the exempt suppliers to the tax regime on the Configuration Options tab. Define a Tax Status and Rate for Exempt, define a Supplier Fiscal Classification of Exempt, assign it to the relevant suppliers, and write a rule to incorporate the exempt Supplier Fiscal Classification.

A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to make the cross currency rate type the default?. Manage Invoice Options and Manage common options for Payables and Procurement. Manage Payable Options and Manage Invoice Options. Manage Invoice Options and Manage Procurement agents. Manage common options for Payables and Procurement and Manage Procurement agents. Manage Payment Options and Manage common options for Payables and Procurement.

If you accidentally paid an invoice using Create Payment flow, can you undo the operation?. yes, by canceling the payment process from the process monitor. Cancel the invoice and create a new one. yes, by creating a credit memo to offset the payment. No. yes, by voiding the payment created.

An installment meets all the selection criteria of a Payment Process Request, but it still does not get selected for payment processing. What are the two possible reasons for this? (Choose two.). The pay-through date is in a closed Payables period. The invoice has not been accounted. The invoice requires approval. The pay-through date is in a future period. The invoice needs re-validation.

When reviewing installments, what setup is required to override the supplier site on an invoice?. Allow the remit-to supplier override for third-party payments at Manage Invoice options. Allow the remit-to supplier address override for third-party payments at Manage Invoice options. Allow payee to override for third-party payments while Manage Invoice options. Allow the remit-to supplier override for third-party payments at Manage Payment options.

Your customer has implemented English as base language and French as a local language. The customer’s bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with country locale. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.

You have just imported invoices from a spreadsheet. What is the validation status of the imported invoices?. Needs Revalidation. Not Validated. Not Required. Imported. Validated.

Your intercompany transaction type is active and enabled for invoicing. What are the two prerequisites to generate intercompany receivables and intercompany payable transactions after the Generate Intercompany Allocations process is run? (Choose two.). For the Legal Jurisdiction, Legal function: “Generate intercompany invoice” should be assigned. Schedule create accounting for the intercompany process. Supplier site primary pay flag and customer account bill to primary flag should be enabled. Run the processes Create Intercompany transactions to Receivables and Create Intercompany transactions to Payables. Run the processes Transfer Intercompany transactions to Receivables and Transfer Intercompany transactions to Payables. Manual Approvals should be allowed for the transaction type.

In what order should the import process be run when importing suppliers?. Supplier, Supplier Site Contacts, Supplier Site, Supplier Site Assignment. Supplier, Supplier Address, Supplier Site, Supplier Site Assignments. Supplier, Supplier Site Assignment, Supplier Site, Supplier Contacts. Any order.

What happens if a company runs the Payables Unaccounted Transactions Sweep program for February 2018 if the invoices with a Hold status have an invoice date of January 20, 2018?. The accounting dates of all unaccounted invoices will be changed to February 20,2018, the same day of the next period. The accounting dates of all unaccounted invoices will change to February 28, 2018, the last day of the next period. The accounting dates of all unaccounted invoices will remain unchanged at January 20, 2018. The accounting dates of all unaccounted invoices will be changed to February 1, 2018, the first day of the next period.

After you submitted a Payment Process Request, you noticed errors. You want to void the payments. Identify two statements that indicate when it is not possible to void a payment. (Choose two.). A payment that pays a prepayment that has been applied to an invoice. A payment that has already cleared the bank. A payment that has been accounted and posted to General Ledger. A payment with the status of Issued. A payment for an invoice with an associated Withholding Tax invoice.

Identify what Oracle considers two best practices when setting up Payables and Receivables account access for bank reconciliation. (Choose two.). Do not assign bank accounts to business units. Assign a few general ledger cash accounts to multiple bank accounts to facilitate book-tobank reconciliation. Business units must be granted access to the bank account. Only business units who use the same ledger as the bank accounts owning legal entity can be assigned access. Allow bank accounts to be accessed by all roles and users because the default value to secure a bank account by users and roles is No.

Identify two ways the invoice imaging solution works in the Cloud. (Choose two.). Customers cannot use invoice imaging in the Cloud. Customers scan and store the invoice images on-premise and attach them during invoice entry. Customers ask their suppliers to scan and email the invoice. Customers ask suppliers to send electronic invoices. Customers scan the invoice on-premise and email the images.

What is the result of voiding a payment?. A stop payment request has been initiated to the bank. A bills payable payment was created but is not yet matured. The payment is reconciled to the bank statement. The payment is no longer valid.

During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa that the one used by your company. How do you handle this situation?. Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit. Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.

How will system evaluate the tolerances for expense reports?. System will calculate error tolerance as (|Policy Rate * (1+Error Tolerance/100)|) currency precision. System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)*currency precision. System will calculate error tolerance as Policy Rate * (1+Warning Tolerance+ Error Tolerance/100). System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100). System will use absolute amount tolerance setup to do validations.

You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements. (Choose two.). For period end accruals, accounting is created at material receipt or at delivery to a final destination. For period end accruals, the invoice accounting debits the expense account and credits the liability account. For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account. For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.

Which two statements are true about the Invoice Validation process? (Choose two.). opens the relevant accounting period. validates project information. updates supplier balances. creates tax lines and distributions. creates accounting entries in draft.

The payment build program has completed but with errors. When submitting the payment process request, which processing option is used to review the error messages from the Manage Payment Process Request Inquiry?. Set the validation failure handling for documents to “show errors.”. Set the validation failure handling for payments to “stop process for review.”. Set the validation failure handling for payments to “show errors.”. Enable debug for the payment format program.

Which component is not included in the security architecture for credit card data and bank account data encryption?. Oracle Wallet. Supplier master encryption key. Sensitive data encryption and storage. Payments subkeys. Payments master encryption key.

While entering an expense report for your corporate card transactions, you notice that the conversion rate defined in the Manage Conversion Rates and Policies page is not used. What is the reason?. You did not define conversion rates for your business unit. You did not specify a default expense template. Only cash transactions use those settings. You did not define conversion rates in the General Ledger Cloud.

Which three types of payments can you make if you have access to Disbursement Process Management Duty? (Choose three.). Reimbursement of employee expense reports. Employee advances. Supplier payments. Customer refunds. Ad hoc payments.

Select three reasons why you cannot close your Payables period. (Choose three.). open intercompany transactions. unapplied prepayments. suppliers on payment holds. bills payable requiring maturity. unaccounted invoices and payments.

An installment for $1,000 USD is due for payment on January 10, 2019. The installment has two discounts: the first discount date is December 5, 2018 for $150 USD and the second discount date is December 20, 2018 for $50 USD. The Pay Date Basis on the supplier site is Discount. You submit a Payment Process Request with the following criteria: Payment Date = December 5, 2018 Pay Through Date = December 25, 2018 Date Basis = Pay Date Always Take Discount option is enabled What will be the resulting status of the installment and discount?. The installment is selected and a discount of $50 USD (the second discount) is applied. The installment is selected and a discount of $200 USD ($150 + $50) is applied. The installment is selected and a discount of $150 USD is applied because the Always Take Discount option was enabled. The installment is selected but no discount is applied because the payment date is after the discount dates. The installment is not selected because the first discount date is before the Pay Through Date.

An installment for $2,000 USD is due for payment on July 31, 2018. The installment has two discounts: the first discount date is June 15, 2018 for $150 USD and the second discount date is June 30, 2018 for $50 USD. You submit a Payment Process Request with the following criteria: Payment Date = June 20, 2018 Pay Through Date = July 30, 2018 Date Basis = Due Date What will be the resulting status of the installment and discount?. The installment is not selected because the discount dates are before the Pay Through Date. The installment is selected and no discount is applied. The installment is not selected because the due date is after the Pay Through Date. The installment is selected and a discount of $50 USD is applied. The installment is selected and a discount of $150 USD is applied.

Which statement is true about selecting a bank account on the Create Payment page?. LE on the bank account should be different from the LE on the invoice. Bank account must match the supplier’s bank account. Users can pick any bank account as long as the bank account is tried to the business unit. There is no relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system. LE on the bank account should be equal to LE on the invoice.

The expense auditor has chosen to Request More Information for an expense report. Select two ways the system processes this action. (Choose two.). The expense report status remains Pending Payables Approval. The expense report is routed back to the approvers. The audit can be completed before the requested information is received from the employee. The employee must resubmit the expense report.

What is the difference between subject areas that append the word “Real Time” and those that do not?. The “Real Time” subject areas are based on real-time transactions and those that are not, are based on historical data. The “Real Time” subject areas are based on real-time transactions in the applications, and those that are not, are based on data stored in the Oracle Business Intelligence Applications data warehouse. There is no difference. The “Real Time” subject areas are based on subledger transactions and the ones that are not are. based on general ledger balances.

The Accounts Payable Manager voided a foreign currency payment due to insufficient funds. Which three statements are correct? (Choose three.). All related interest invoices are reversed if previously created. Any previous accounting and payment records for an invoice are reversed. All related withholding tax invoices are automatically voided. Any realized gain or loss previously calculated is reversed. Voiding the payment automatically places an invoice on hold.

You have an invoice for a three-month lease and wish to recognize the expense monthly for the duration of the lease. What must be entered on the invoice in order to do this?. You must provide a start date and an end date for the prepaid expenses in the invoice lines or distributions. You must provide a start date, an end date, and the accrual account for the prepaid expenses in the invoice lines or distributions. You must provide a start date and the accrual account for the prepaid expenses in the invoice lines or distributions. You must provide the accrual account for the prepaid expenses in the invoice lines or distributions.

You have an invoice for $200 USD and a credit memo for $225 USD. In other words, the credit amount exceeds the invoice amount. If you enable the option to apply credits up to zero amount payment, then how will the invoice and credit memo be paid?. Neither the invoice nor the credit memo are included in the payment process request because the credit reduces the payment amount below zero. Both the invoice and the credit memo are paid and a refund of $25 USD is created. Both the invoice and credit memo are included in the payment process request for a payment amount of $0 USD. The credit memo is partially paid with a remaining credit of $25 USD. Both the invoice and the credit memo are selected and the Payment Process Request requires attention.

An invoice for $200 USD and a credit memo for $225 USD are due for payment and the “Apply credits up to zero amount” option is enabled for the payment process request. Which statement is correct?. The payment process request pays only $200 USD alone. The payment process request applies $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates a payment for $0 USD. The payment process request creates a refund for $225 USD and leaves the invoice unpaid. The payment process request doesn’t select the invoice or credit memo for payment because the credit reduces the payment to - $25 USD, which is below zero.

You have modified your tax setup and want to test the changes on actual Payables transactions. How do you validate before enabling for transaction?. by creating accounting in draft mode. by changing the tax status to test and then entering a payables invoice. by creating a payable invoice, and by validating and reviewing the tax application. Oracle Transactional Business Intelligence (OTBI). by using Tax Simulator to test.

You created a payment and before it is cashed by the supplier you mistakenly submitted a request to stop payment. Later you canceled the request to stop payment. What is the resulting payment status?. Voided. Negotiable. Stop initiated. Canceled. Cleared.

You have three procurement business units, four requisition business units and five sold-to business units. For which will the supplier registration flows be deployed?. three procurement business units. one business unit per supplier. five sold-to business units. four requisition business units. twelve business units per supplier.

Which attributes on the payables invoice can be used during approval rule creation?. company segment, cost center segment, supplier, and Attribute 1 on the invoice line. company and cost center segment only. supplier only. cost center segment and supplier only.

You want to customize the Payables Invoice Register template to only display invoices when the Supplier name is Company A. Supplier name is a group that repeats on every page. Which is the correct way to customize the template?. Insert the syntax <?if:VENDOR_NAME= ‘COMPANY A’?> before the Supplier field on the template. Then, enter the <?end if?> tag after the invoices table. Insert the syntax <?if:condition?> before the Supplier field and then enter the closing tag </<?if:condition?>. Insert the syntax <?if:’COMPANY A’?> before the Supplier field and then enter the closing tag </<?if:COMPANY A?> after the invoices table. Hard code Supplier Name “Company A” in the report template and only invoices for that supplier will be displayed.

You need to submit a 1099 report; your State format has changed slightly since last year. How should you submit your 1099s for the State in the current year?. Manually enter the 1099s for the State and submit. Generate a 1096 form and submit it instead. Run and submit your 1099s because it will automatically reflect any changes. Edit the 1099 template to reflect the changes, and then run and submit the 1099 report.

What are the two advantages of using a spreadsheet for correcting invoice import errors? (Choose two.). identification of errors with clear error messages at the invoice header and line levels. ability to enter a high volume of invoices via a spreadsheet. ability to correct errors and re-import invoices directly from a spreadsheet. identification of errors with clear error messages at the invoice header level only. ability to correct errors within the spreadsheet and send invoice corrections for approval.

Which three are valid reasons why you cannot close your Payables period? (Choose three.). Bills payable requiring maturity. Unaccounted invoices and payments. Suppliers on payment holds. Unapplied prepayments. Incomplete payment files.

Your customer has requested a modification to the payment file to meet the acceptable bank standards. The changes were based on a format of a seeded payment process profile which is alr1eady in use. The only changes made are to the field positions. What two steps can make these changes work?. No change in the template is needed as we can achieve this using user-defined validations to move the positions as required. Keep the payment process profile and leave the format programs unchanged. Copy and modify the existing template to alter the positions as requested by the bank. Create a new payment process profile and a new format program. Create a new template to make changes as requested by the bank. Oracle Data Integrator or Golden Gate can be used to map the fields as required.

You need to enter a high volume of users into the system. What is Oracle’s recommendation to do this?. Use the Enter a Supplier user interface and enter each user manually. Use the Hire an Employee user interface and enter each user manually. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Cloud Applications. use the spreadsheet of Oracle Identity Manager (OIM) to import users.

An installment meets all of the selection criteria of a Payment Process Request but it still did not get selected for payment processing. Identify two reasons for this. The pay-through date is in a closed Payables period. The pay-through date is in a future period. The invoices need revalidation. The invoice has not been accounted. The installment was manually removed.

You have created your first implementation project. You have assigned the Application Implementation Consultant role to your user. However, you are unable to create and add roles to users in Oracle Identity Management (OIM).This issue is caused because you did not assign the. Superuser role to your user. IT Security Manager role to your user. Application Implementation Manager role to your user. Line Manager role to your user.

You have assigned additional roles to an existing user. However, the new roles are not appearing for the user in their Navigator menu. What should you check?. Make sure you can query the user using Oracle Identity Manager (OIM) and the roles are assigned. Make sure you can query the user from the Manage Users page and verify the roles assigned. Make sure you ran the Retrieve Latest LDAP Changes program. Make sure the user logs out and logs back in.

Identify three statements that indicate the purpose of Functional Setup Manager. It allows you to centrally manage the close processes across subledgers and ledgers. it allows you to assign setup tasks to individuals with due dates where users must manually update their completion status. It automatically marks the completion status of tasks as Completed once they have been completed. It automatically generates lists of setup tasks in the correct sequence with dependencies highlighted. It provides a central place to access and perform all of the setup steps across the applications.

Your company wants to generate intercompany transactions in USD but only if the amount involved is $3,000 USD or more. Which two intercompany system options are valid?. You cannot update the minimum transaction currency when intercompany currency is entered. Intercompany invoices will be generated for the minimum accountable amount set at the payable invoice options and receivable system options. Set the intercompany system option minimum transaction amount to $ 3,000 USD. Approval rules need to set the allow of the intercompany transactions to be routed to the receiver or provider. Set the intercompany system option minimum transaction amount to $2,999.99 USD.

Your customer has an electronic payment format program in use and wants all the documents to use the pay group “Domestic”. What should you do to achieve this?. Define a user validation at the format program to include: Field “Document pay group”, condition “Equal to String”, value “Domestic”, and Field “Document pay group”, condition “Required” and value – not applicable. Define a user validation at the format program to include: Field “Document pay group”, condition “Equal to String”, and value “Domestic”. Modify your template to hard code the value “Domestic” for the pay group position. Define a user validation at the formatprogram to include: Field “Document pay group”, condition “Equal to String”, value “Domestic”, and Field “Format Program Code”, condition “Equal to String” and value – as desired.

A company has a requirement to pay small suppliers outside of Payables, but it does not want to manually record each payment. Which solution should you implement?. Create payments by using the Check Payment method for those suppliers and then destroy those checks. Create payments by using Electronic Funds Transfer (EFT) for those suppliers but do not send the electronic file to the bank. Create payments by using a clearing payment method for those suppliers because this payment method does not generate a file. Create a payment by using a wire payment method for those suppliers.

You applied a prepayment amount of $5,000 USD to a $10,000 USD invoice. At the time of prepayment, the applicable tax rate was 5% ($250 USD); at the time of invoice creation, the tax rate is 10%. When you set up taxes, you choose to Recalculate Taxes for the Applied Amount Handling option. How will the resulting tax be calculated?. The tax for the prepayment is recalculated and the generated tax line amount will be $250 USD (5% * 10,000-5000). The tax for the prepayment is recalculated to use the new invoice tax rate that is also used for the invoice line amount. The two generated tax lines show $1,000 USD (10% * 10,000) for the invoice line tax amount and a prepayment tax line of -500 USD (10% * -5000). The tax calculation creates two tax lines: one for the invoice line amount and one for the prepayment with a negative amount. The two generated tax lines show $1,000 USD (10% * 10,000) for the invoice line tax amount and a prepayment tax line of -250 USD (5% * -5000). The tax calculated on the prepayment is reversed completely and the tax rateapplied to the invoice line is retained.

What are the output formats supported for Electronic and Check format programs?. Electronic output format of XML, Check output format of rtf. Electronic output format of eText, Check output format of rtf. Electronic output format of Text, Check output format of Text. Electronic output format of DATA (csv), Check output format of Zipped PDFs. Electronic output format of PDF, Check output format of PDF.

Which two are classified as Self-Billed invoices? (Choose two.). Customer Refunds initiated from Receivables. Evaluated Receipt Settlement (ERS) Invoices. Invoices created using Integrated Imaging. Expense Reports transferred from Expenses. Debit Memos created by the Return to Supplier feature. Invoices entered through the Supplier Portal.

You have enabled Payment Approval for your payment process requests (PPR). At what stage of the PPR is the payment approval process automatically triggered?. Review Proposed Payments. Review Installments. Create Payment Files. Build Payments.

Your client wants to retrieve values for the account code based on the invoice line description. For example, Invoice Line Description = Laptop then Account Code = 5670. Which Subledger Accounting option would you use to achieve this?. Mapping Set. Description Rule. Supporting References. Event Class Settings. Transaction References.

Which two tools can you use to build layouts for BI Publisher reports? (Choose two.). Report Developer. BI Composer. Template Builder for Word. Layout Editor. BI Answers.

When working with reference data sets in Payables, what reference data sharing method can you use for Payables Payment Terms?. Assignment to one set only; no common values allowed. Assignment to one set only with common values. Assignment to multiple sets with common values allowed. Assignment to multiple sets; no common values allowed.

You use corporate cards with expenses and have implemented the Company Pay payment option. An employee incurred the following expenses. What is the resulting payment amount made to the employee for these expenses? Cash business expenses 500 Corporate card business expenses 650 Corporate card personal expenses 299. 1449. 201. 949. 500.

Your client wants the subledger journal entry description to be transferred to general ledger. Which two could be used to enable this? (Choose two.). Set the General Ledger Journal Entry Summarization option to Summarize by general ledger period. Set the General Ledger Journal Entry Summarization option to Group by general ledger period. Set the General Ledger Journal Entry Summarization option to Group by general ledger date. Set the General Ledger Journal Entry Summarization option to Summarize by general ledger date.

You are evaluating the predefined expense report approval rules within your test environment to see if they meet current business requirements. Which three rule sets are part of the predefined setup? (Choose three.). Approval by Cost Centre owners in parallel or serial mode. Approval by supervisor based on expenses type amount. Approval by Project Manages in parallel or serial mode. Approval by supervisor based on report amount. Approval by a Group based on report amount in parallel or serial mode.

A Payables user creates a manual invoice and a Withholding Tax Classification Code defaults on the invoice line when the invoice is saved. Where does this Withholding Tax Classification Code default from?. From the Party Tax Profile of the Third Party Site. From the Manage Tax Reporting and Withholding Tax Options. From the Income Tax region of the Supplier. From the Site Assignments of the Supplier Site.

During an expense audit the auditor marks an expense item that is missing a receipt to be Short Paid. They choose to complete the audit and warn the user. Given that the Expense Report Audit Approval is set to After Manager Approval, what two are valid results of the auditor action? (Choose two.). New expense report containing disallowed expense items is immediately created. Approved part of the expense report is not eligible for expense reimbursement. The approved part of the expense report is eligible for expense reimbursement. New expense report containing disallowed expense items is not created until manager approves the short payment.

The Government has introduced a new reduced tax recovery rate for certain services. You need to amend the configuration for your current tax regime to reflect this change. Which three setups will you need to complete? (Choose three.). Setup a new tax. Setup a new tax rate. Setup a new recovery rate. Setup a new tax rule. Setup Determining Factor and Condition Sets. Setup a new status.

You have created an approval rule as follows: Rule 1: If the invoice amount > $1000, route it to User 1. Rule 2: If the invoice amount < $1000, auto approve it. Now, the user creates an invoice for $1000 and routes it for approval. What will happen?. Invoice will be auto-approved. The workflow will fail once approval is initiated. The initiate option is greyed out for the invoice. Invoice will be sent to User 1 for approval.

Which two are true for Payables Payment Terms? (Choose two.). When entering an Invoice, you will see Payment Terms assigned to the reference data set associated with the Business unit on the invoice plus those associated with the common set. You must assign the predefined payment term Immediate to the reference data set that is assigned to the business unit before you can define common options for Payables and Procurement. When entering an Invoice, you will see Payment Terms assigned to the reference data set associated with the Business unit on the invoice but not those associated with the common set. Each payment term can only be assigned to one reference data set.

Which data is visible to a Payables user in the Payables to General Ledger Reconciliation report?. Data for all business units and one balancing segment in the ledger. Data for authorized business units only; no GL data is visible. Data for all business units and all balancing segments in the ledger. Data for authorized business units and GL data for all balancing segments in the ledger (unless restricted).

Which combination of invoice and payment currencies allow the application of a prepayment to an invoice?. Standard Invoice: Invoice Currency USD, Payment Currency GBP Prepayment: Invoice Currency USD, Payment Currency AUD. Standard Invoice: Invoice Currency USD, Payment Currency USD Prepayment: Invoice Currency CAD, Payment Currency CAD. Standard Invoice: Invoice Currency CAD, Payment Currency GBP Prepayment: Invoice Currency USD, Payment Currency AUD. Standard Invoice: Invoice Currency USD, Payment Currency CAD Prepayment: Invoice Currency CAD, Payment Currency CAD.

Which three options are available to filter data when you submit the Prepare Payables to Ledger Reconciliation report? (Choose three.). Ledger Set. Supplier. Balancing Segment Value. Business Unit. Natural Account. Legal Entity.

Your client is concerned that all expense reports are getting automatically approved by the expenses system despite the setup of an Audit Selection Rule. What is the reason for this?. The audit selection rule has not been assigned in the system options page. The audit selection rule has not been assigned to the legal entity. Auditing has not been enabled in the system options page. An expenses template and type rule has not been setup. The audit selection rule has not been assigned to the business unit.

Your company plans to use the oracle digital assistant to efficiently process employee expenses. As an expense administrator, what three predefined digital assistant configuration can you use the option page?. Matching options for cash charges. Cash advances schedule. Matching options for credit card charges. Expense digital assistant schedule. Expense digest schedule.

Which three are reports that can help reconcile payables activity for the period?. Payables cash requirement report. Payables posted invoice register. Payables posted payment register. Payables trial balance report. Payables matching hold details report.