AP 2022

You need to Create a payment for a supplier before the next payment run. The invoice you wish to pay is riot available for selection in the Create Payment page Which two are the reasons for this? (Choose two.)

Which two are classified as Self-Billed invoices? (Choose two.)

You have enabled Payment Approval for your payment process requests (PPR). At what stage of the PPR is the payment approval process automatically triggered?

Which three are supported image formats for the Integrated Imaging solution? (Choose three.)

Which three are invoice Header aattributes that can be used during invoice approval rule creation* (Choose three)

What does the Place of Supply rule value "Bill to Party" amply in an Oracle Payables Invoice?

There are four key report s In Cash Management. What is the correct mate h for each report and its description? Report 1. Cash to General Led ger Reconciliation Report 2. Bank statement Report 3. Cash in Transit Report 4. Bank Statement Analysis Report Description A. Lists all transactions for a specific bank account. That have been remitted to the bank but have not been cleared. B. Displays the bank statements that are used to analyze balances and transaction details. C. Displays balance and transaction information for specific bank statements. D. Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management

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 metho ds to achieve this* (Choose two)

Your client wants to retrieve values for the account co de based on the invoice line description F or example. Invoice Line Description = Laptop then Account Co de = 5670 Which Subledger Accounting option would you use to achieve this*

In what order should the import process be run when importing suppiers7?

When working with reference data sets in Payables, what reference data sharing method can you use for Payables Payment Terms?

In the Business Intelligence Publisher (BIP) report layout properties page, when you click Extract Translation, the BIP publisher extracts the translatable strings from the BIP report template and exports them into which format?

Which two invoice types can have a status of incomplete (Choose two)

You use corporate cards wart 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?

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?

Certain suppliers that your customer regularly deals with are exempt from tax. How should you configure tax for this?

Your client wants the subledger journal entry description to be transferred to general ledger Which two Could be used to enable this? (Choose two.)

Which three types of payments can you make if you have access to Disbursement Process Management Duty? (Choose three.)

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.)

A Payables user creates a manual invoice and a Withholding Tax Classification Code defaults on the invoke line when the invoice is saved. Where does this Withholding Tax Classification Code default from?

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.)

During an expense audit the auditor marks an expense item that is missing a receipt to be Short Paid. They E 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.)

You used to enter a last-minute invoice during the close process. What is the quickest way to enter and post the invoice to general ledger?

What is the recommendation when setting up Reconciliation Rule Sets?

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.)

A company has three legal entities each with a corresponding business unit all within the same country. All organizations buy and sell the same products You are configuring the tax setup What is the minimum number of Tax Regimes you need to configure for this company?

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.)

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?

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

Which three are valid reasons why you cannot close your Payables period? (Choose three.)

Which two are due for Payables Payment Terms? (Choose two.)

Which data is visible to a Payables user in the Payables to General Ledger Reconciliation report?

A Payables supervisor wants to apply a prepayment to an invoice. Which combination of invoice and payment Currencies allow the application of a prepayment to an invoice?

An installment for 52, 000 USD is due for payment on July 31, 201B. The installment has two discounts: the first discount date is June 15, 201B for 5150 USD and the sec and discount date is June 30, 2019 for 550 USD. You submit a Payment Process Request with the following criteria: Payment Date = June 20, 201B Pay Through Date = July 30, 201B Date Basis = Due Date What will be the resulting status of the installment and discount?

A company has a requirement to default the disbursement bank account when submitting a Payment Process Request. Which two actions will accomplish this? (Choose two.)

Which reporting tool is used to report on real-time data?

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 the reason for this?

Which method can you use to route payment approval rules?

You are testing the Payables to General Ledger Reconciliation report at the ledger level for your UK Ledger you have run and s exec ted the extract for the report but the request returned the n es sage no data to display. What is the reason for this?

In the implementation project. there Is a requirement to add new transactional attributes to the Expense Approver Report workflow notification to in Which two B business intelligence catalo g objects should you copy (or customize) and edit (Choose two )

Which three options are available to filter data when you submit the Prepare Payables la L ed ger Reconciliation report? (Choose three )

How will system evaluate the tolerances for expense reports?

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?

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 reasons for thus* (Choose Two)

During your business trip to the UK you took a taxi ride and paid for it by using your per so nan VISA Credit Card While entering your expenses. You get a warning that a different conversion rate was applied to the taxi expense by Vis a than the one used by your Company. How do you handle this situation*

You need to route invoices to three d different approvers at the same time. And only one approver need s to approve the Invoice Which approval rule set should you use*

Which component is not Included in the security architecture for credit card data and bank account data encryption*

You need to create a recurring expense for one of your regular expenses. Which three are frequency is that you can choose for these types of expenses? (Choose three.)

Select three reasons why you cannot close your Payables period.(4 Right Answers)

You have decided to use mapping sets to derive the cost center segment for your chart of accounts code combination. Which three statements are true for Mapping Sets:

You would like to have the Validation Failure Handling options in your Payment Process Request default to Stop Process for Review. Which TWO places can you specify this default?

At which TWO stages of a payment run can you stop the process & perform a review?

As an Expense Admin, you have set profile option EXM_DFLT_FROM_PREV_EXPENSE at user level to "N" Which THREE values will not be populated from a previous expense item when a user enters a new Expense Item?

Accounting has been created in Final mode for a last minute payment. The payment included a discount. On viewing the accounting you realize that the cost Centre for the discount account is incorrect. You decided to use the Account Override feature to correct the accounting entry. Which two statements are true when using this feature? Select 3

An invoice has matching hold because invoice price exceeds purchase order schedule price. The supplier sends a credit to correct amount due on the previous invoice. What you should do to release the hold

When there are multiple BU exist in UK Ledger and centralized payment process is enabled, how to generate the Payables to GL Reconciliation report?

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.

You are asked to set up Approval Rule to route an Expense Report to an Account Owner. In addition to Account Code, which THREE are additional attributes that you could use to help with correct routing?

You created the ABC supplier and associated it with US procurement BU. However, you cannot find supplier when entering invoices. What could be the reason?

Configurable Payables workflow notifications use Oracle Business Intelligence templates to generate the email and in-app notifications. For which TWO of the payables in-app notifications can you enter distribution via the action button?

Your company plans to use the oracle digital assistant to efficiently process employee expenses. As an expense administrator which three predefined Digital Assistant Configuration can you change in Auto Submit and matching options page?

As an expense administrator in an organization, which process will you run to reimburse card issues?

Which is true about the audit selection rule?

An employee submitted an expense report and received a rejection notification as well as a paid notification for the expense report. Which statement is true?

Your company wants to make a certain percentage of payment only at the end of the contract period. What can you do in the application to set this up?

A supplier invoiced two items but delivered only one. What is the best practice to handle invoicing in the application?

Which three credit card service providers are supported by Oracle Expenses?

ABC company is implementing Financials Cloud and you are assigned the task of setting up accounting methods for the primary ledger. Which three are mandatory options to enable accounting methods?

Which is the correct invoice selection criterion in a payment process?

When entering an expense report from the expense report work area, a user finds the itemized section disabled. What is the reason for this?

As an accounts payable supervisor, you run the Payables to Ledger Reconciliation Report and find a difference in the payables and accounted columns. What could be two reasons for the difference?

As an implementer, you are about to define an approval rule. Which is a mandatory component of defining an expense report approval rule?

The system does not allow you to cancel an invoice. What are two reasons for this?

To administer a check on reconciliation, we set a tolerance on the reconcealing amount. Which statement is true about tolerance?

Which statement is true about supporting documents?

An organization implementing Financials Cloud wants only their Atlanta office to make payments for all the other offices located in the US. What solution can you suggest?

You are responsible for implementing expenses in your organization. Which is the correct flow of tasks from expense to reimbursement in Expense Cloud?

Which two payables reports are built using BI Publisher?

You are required to analyze the journals posted in general ledger against the open balances. Which report can help you with this?

During the payables period close process, you find a list of entries in the exception report. What action can you take to resolve the exceptions?

There is a requirement for two managers to simultaneously approve an expense report. How can this be set up?

You are assigned the task of determining the payment term due dates and discount dates for your invoice transactions. Which payment term type suits the requirement of paying 25% every quarter?

A customer implementing Expense Cloud does not want expense reports to be enabled for all their business units. Which option will you suggest to them?

Which THREE reports that can help reconcile Payables Activity for the period?