Oracle Fusion Financials 11g Accounts Payable Essentials Set 2

1.

A company wants to default the business unit for a user In Oracle Fusion Payables. Identify the setup that meets this requirement.

Common Options for Payables and Procurement Financial Options Setup and Maintenance Payables Options Payables System Setup

2.

Identify three sections that are part or the Accounts Payables Dashboard.

Invoice Requiring Attention Payments Files Requiring Attention Available Prepayments Payables Process Request Supplier Sites on Payment Hold.

3.

The Apply Missing Conversion Rates program can only be executed for a ___________.

Ledger Business Unit Legal Entity Business Group Ledger Set

4.

What are the three prerequisites for applying a prepayment to an invoice?

The prepayment has the same invoice currency as the invoice. The prepayment has the same requester as the invoice. The prepayment has the same supplier number as the invoice. The prepayment has the same payment currency as the invoice. The prepayment has the same payment term as the invoice.

5.

Which statement is correct if the payment terms entered in the invoice differ from the payment terms on the purchase order?

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 user needs to specify which payment term will be used. The user needs to manually change the payment term on the invoice to make it the same as the purchaseorder payment term. The purchase order payment term can NOT be overridden.

6.

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?

Both business and personal expenses will be reimbursed to the employee. Reimbursement will be made to the employee and the corporate card Issuer. Only business expenses incurred using the corporate card will be reimbursed to the card Issuer. All expenses incurred using a corporate card will be paid to the card Issuer. Reimbursements will be made to the employee instead of the corporate card issuer.

7.

Which three options are used to sort the Unaccounted Transaction Report?

Transaction Type Transaction Source Transaction Currency Transaction Number Transaction Date

8.

Identity three events across the life cycle of an expense report?

Aninvoice is created in Accounts Payable. The expenses incurred by a user while transacting business are entered in an expense report. The expense items and expense reports will be tagged and can be located through the Tag Center. There in seamless desktop integration through Excel for offline expense entry. Line managers can approve the expense report submitted by the user for approval.

9.

Which two statements are true about the Invoice Requiring Attention section of the invoice Dashboard?

displays links to all prepayment type invoices that have NOT been fully applied lists invoices entered or imported in the past seven days that are NOT yet accounted or accounted for indraft only displays Invoices in the system that are waiting for approval* displays invoices rejected in the approval process along with the reason for rejection displays all scanned invoices through the Integrated imaging solution that have NOT yet had accountsPayables invoices created

10.

Identify two privileges granted to the job role Accounts Payable Supervisor.

running Payables Data Extraction Program managing Accounting Period Status preparing French DAS2 Contractor Letters managing Payables Activities initiating Payables Invoice Approval Task Flow

Oracle Fusion Financials 11g Accounts Payable Essentials Set 2

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Oracle Fusion Financials 11g Accounts Payable Essentials Set 2

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