Mock Tests

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. A. Asset Cost Account B. Asset Amortization Account C. Depreciation Account D. Accumulated Depreciation Account E. Asset Clearing Account

A

Account Rules are specific to ____________. A. Subledger application B. Event Classes C. Event Types D. Accounting methods E. Journal Rule sets

A

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. A Payment Adjustment Event is created for both adjustments. B. Only one Payment Adjustment Event is created because the first Payment Adjustment Event has NOT been accounted. C. the Payment Adjustment Event created in the first instance will be overwritten by the second. D. A Payment Adjustment Event is created in the second instance even though the first event had NOT been accounted. E. A Payment Adjustment Event is NOT created in both the cases.

A

Fusion Applications Help, Viewing Projected Balances: Points to Consider In Oracle Fusion Applications, a calendar can only have ___________. A. Oneperiod frequency and period type B. Multiple period frequencies C. Multiple period types D. Multiple period frequencies and period types

A

How do you classify a prepayment as permanent? A. Create the prepayment invoice with the prepayment type as Permanent. B. Leave the Apply after date field blank in the Invoice Header. C. Deselect the Allow Prepayment Application option in the Invoice Header page. D. Permanent prepayments are not allowed. E. Deselect the Allow Prepayment Application option In the Invoice Line.

A

How do you hide accosts with no balances showing #Missng in Smart view? A. Select the No Data/Missing check box in the Data Options tab. B. Use Excel functions to hide rows with //Missing assigned C. Choose the Suppress Zeros option wider Data options. D. This indicates a database connection issue. Try to reconnect to Fusion Applications.

A

How do you identify duplicate members? In the Essbase database source, how do you identify duplicate members? A. display qualified names instead of the member names B. use the member perspective C. use an alias name for a database member D. use member Information

A

Identify the option that needs to be selected at the header level when assigning a header level subledger Journal Rule Set. A. Accounting Date B. Description C. Supporting Reference D. Ledger E. Currency

A

Select the key performance indicator (KPI) that provides a trend of the cost of an item as part of Gross Margin Analysis A. Item Cost KPI B. Value Trends KPI C. Gross Margins KPI D. Inventory Value KPI

A

The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order? A. Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules;Chart of Account Rules B. Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules C. Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules D. Ledger Level Rules;Primary Balancing Segment Rules;Ledger Entity Level Rules; Chart of Accounts Rules E. Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules

A

The life cycle of a transaction's accounting impact is modeled by using__________. A. Event Classes and Types B. Process Categories C. Journal Categories D. Journal Sources E. Event Entities

A

What action will you perform? A customer calls into the Accounts Receivables Department asking for the balance of all invoices due in the next 30 days and has a question about a specific invoice line. As a Billing Specialist what action will you perform? A. Review the invoice in the Review Customer Account Details user interface. B. Apply, reverse, or process the receipt. C. Create an open debit memo. D. Review receipt-, in pending status

A

What are the amounts Oracle Business Analytics Warehouse uses to store currency? Transactions may involve multiple currencies that require a common currency to make the reports meaningful. What are the amounts Oracle Business Analytics Warehouse uses to store currency? A. Global Currency (two common currencies), Document Currency,Local Currency B. Currency Code, Currency Name C. Currency Symbol, Currency Name D. Report Currency

A

What can be used to restrict the events selected for accounting when users submit the Accounting Process? A. Process Category B. EventClasses C. Event Types D. Journal Line Types E. Batch Name

A

What is the primary source of data that is used for the Financial Reporting Center? A. data from the balances cubes and dimensions contained in the chart of account segments B. transaction tables C. defined dimensions for journals D. the Code Combinations table

A

Which section of the Payment Dashboard lists all the processes submitted within the last 72 hours? A. Payment Process requests B. Stop Payment Requests C. Schedule Requests D. Process Monitor E. Supplier Sites on Payment Hold

A

You are defining an income statement report. You want to aim viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable? A. Dril Through in Grid Properties B. Report Functions C. Nothing. Al report balances are drillable in all FR Studio reports. D. Allow Expansion

A

You have been given a task to update a calendar by adding a new period to it. What is the quickest way to perform this task? A. Manually add the periods. B. Use the Add Year button. C. Run the Other - Calendar Validation Report. D. The application automatically populates the next period.

A

Your customer operates three shred services that perform accounting functions across 50 countries. What feature allows them to share setup data? Such as Payment Terms, across Business Units? A. Reference Data Sets B. Business Units functions C. None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit. D. Data Access Sets

A

You have created an Invoice with an incorrect unit price. You need to perform the Rebill task from the Manage Transactions user interface to enter the correct transaction. Which two actions does the Manage Transactions user interface allow you to perform for the Rebill task? A. Duplicate the original transaction. B. Create a credit memo. C. Incomplete the transaction. D. Reverse the Transaction. E. Correct the unit price.

A, B

What three Work Areas are used to review and manage actionable items before the closing period? A. The Billing Work Area for invoicing and adjustment approval related activities B. The Receivables Balances Work Area for customer payment and credit application processing C. The Revenue Adjustments Work Area for contingencies affecting revenue recognition D. The Receivables Balances Work Area for invoicing and adjustment approval related activities. E. The Revenue Adjustments Work Area for customer payment and credit application processing.

A, B, C

Which three duty roles are granted to the Corporate Card Administrator? A. Corporate Card Transaction Management Duty B. Corporate Card Issuer Payment Request Management Duty C. Business Intelligence Applications Worker D. Corporate Card Transaction Review Duty E. Expense Export Duty

A, B, C

Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions. Which three features facilitate this? A. Account Inspector B. Smart View C. Account Monitor D. Online Transactional Business Intelligence E. Financial Reports published to Excel

A, B, C

Choose the four steps required to create and use the chart of accounts. A. Create Value Sets. B. Create Chart of Accounts Structure. C. Create Chart of Accounts Structure Instance. D. Create Value Set Values. E. Create Account Hierarchies. F. Publish Account Hierarchies.

A, B, C, D

Which three accounting event types are predefined for the Accounting Event Class Prepayment Applications? A. Prepayment Application Adjusted B. Prepayment Applied C. Prepayment Adjusted D. Prepayment Validated E. Prepayment Unapplied

A, B, E

Which three statements are true when a prepayment is applied to an invoice by selecting the option Include on Invoice? A. The prepayment amount available for application is reduced. B. The unpaid invoice amount is reduced by the amount of the prepayment application. C. The unpaid invoice amount is not affected by the prepayment application. D. The invoice is updated to reflect the amount paid by prepayment in the Installments tab. E. The prepayment amount paid is NOT updated In the Installment tab of invoice.

A, B, E

Identify two benefits of using the iSupplier Invoice approval process. A. automatic routing for approval B. manual routing for approvals C. manual Hold Resolution D. automatic Hold Resolution

A, C

Which two actions are performed on the Manage Invoices page when using the Invoice Approval workflow? A. initiate approval B. stop approval C. force approval D. cancel approval E. restart approval

A, C

Identify three scenarios where you are NOT allowed to cancel an invoice. A. The invoice is fully or partially paid. B. The invoice is validated. C. The invoice was adjusted by a credit or debit memo. D. Prepayments were applied to the invoice. E. An accounting entry has been created for the invoice.

A, C, D

Select three values that default from Customer Profile Classes. A. Currency B. Legal Entity C. Payment Terms D. Statement Cycle E. Business Purpose

A, C, D

What are the three benefits derived by a Payables Manager when implementing Oracle fusion Payables? A. Simplified and expeditious reporting B. Fulfilling of demands for local compliance C. Streamlining reconciliation to the general lodger D. Improvement in processing speed and manageability E. Streamlining accounting policy changes

A, C, D

Which three activities are performed by the Expense Auditor in the Auditing Work Area? A. Initiating and monitoring reimbursement processing B. Managing daily upload of credit card data C. Reviewing and reprocessing expense reports D. Viewing payment requests created for employees and corporate card issuers E. Managing corporate expense policies and rules

A, C, D

During the invoice Import process, the implication assigns the accounting date from the first 5 finds. Which three sources will the application check for the accounting date? A. Invoice Line record B. Invoice Distribution record C. Invoice Header record D. Purchase Order Header E. Accounting Date parameter from the import submission

A, C, E

Select three valid statements related to the Shared Service Model? A. Shared Service Personnel can view Invoices across various business units. B. Shared Service Personnel can do cross-business unit cash application. C. Shared Service Personnel can process invoices for various business units. D. Shared Service Personnel can see customer account details across business units. E. Shared Service Personnel can report data across all business units but can enter transactions ONLY against one business unit.

A, C, E

What are the three advantages of using the Spreadsheet for Import Error Correction feature? A. Identification of errors with clear messages at the invoice header and line level that failed to import B. Identification of errors with clear messages at invoice header only that failed to import C. Correction of errors and reimporting invoices directly from spreadsheet D. Correction of errors in the spreadsheet and loading but reimporting cannot be done from spreadsheet E. Viewing invoice header and lines in the same view

A, C, E

When adding a customer and using profile classes to organize the customer accounts, which three options are true? A. Fusion Receivables assigns the profile class DEFAUIT when creating a customer account. B. Fusion Receivables assigns a DEFAULT profile class when creating an account site. C. Profile class updates and assignments are managed using effective date ranges. D. Updates applied to a particular account or site effect the profile class record. E. Receivables allows customized details of the profile class once the profile class has been assign to an account or site. F. Receivable does NOT allow customization to the account profile information after it is assigned to an account or site.

A, C, E

Which three attributes can be viewed for a Quick Payment from the Manage Payments page? A. Ledger B. Error Message C. Supplier Number D. Interest E. Business Unit

A, C, E

Which three business rules prevent a distribution from being reversed? A. If it is PO/RCV matched B. If it represents a prepayment application/unapplication C. If it represents an interest invoice line D. If it is already posted to a subledger E. If it represents a variance (IPV or ERV)

A, C, E

You are assigned a duty role of Supplier Profile Management. Which three tasks tan you perform? A. Maintain suppliers B. Maintain supplier payments C. Maintain supplier Tax Identifiers PII data D. Import and merge suppliers E. Maintain supplier Income Tax information

A, C, E

A user issued a Payment Process Request and subsequently realized an error in the request. Which two options show instances where the payment can NOT be voided? A. A payment that pays a prepayment that has been applied to an invoice B. A payment for an invoice that is already posted to General Ledger C. A payment for an invoice which is a Withholding Tax Invoice D. A payment that the bank has already cleared E. A payment that has a status of Issued

A, D

In which two ways will an invoice be impacted when an inclusive prepayment is unapplied from it? A. The unpaid invoice amount is increased by the amount of the prepayment. B. An installment is created for the prepayment amount. C. The invoice validation status changes to Needs Revalidation. D. The invoice paid status changes from Partially Paid to Unpaid. E. The invoice accounting status changes to Partially Accounted.

A, D

In which two ways will an invoice be impacted when an inclusive prepayment is unapplied from it? A. The unpaid invoice amount is increased by the amount of the prepayment. B. An instalment is created for the prepayment amount. C. The invoice validation status changes to Needs Revalidation. D. The invoice paid status changes from Partially Paid to Unpaid. E. The invoice accounting status changes to Partially Accounted.

A, D

Which two Payment Controls can be overridden by creating a manual Single Payment Request? A. Multiple Pay Alone Invoices B. All payment methods C. Enable Charge Deduction from Payment D. Supplier, with the Hold All Payments option enabled E. Allow Pre-Date

A, D

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

A, D

Which two receipts modifications are displayed in the Payables Matched and Modified Receipts Report? A. Quantity received was incorrectly recorded B. Product rejected during Quality Check C. Damage made during Receiving Inspection and Transfer to Stores D. Product Returned to Supplier E. Substitution Products

A, D

Identify three fields that will be extracted from an invoice when using the Integrated imaging solution. A. Purchase Order number B. Item number C. item price D. Invoice amount E. Supplier name

A, D, E

What are the three modes available to enter expense reports? A. Oracle Fusion Expenses B. Spreadsheet Integration C. Oracle Fusion Payments D. Oracle Fusion Payables E. Oracle Fusion Projects

A, D, E

A company has a requirement to default the disbursement bank account during the payment process request. Which two actions will accomplish this? A. Create a payment Process Request template with the disbursement bank account so that it becomes the default. B. Define the Disbursement Bank Account at the user level; the payment process derives the disbursement hank account associated with the user. C. Define the Disbursement Bank Account at the Business Unit level; the payment process derives the disbursement hank accounts based on the business unit. D. Define the Disbursement Bank Account in the Payment Method; the payment process derives the disbursement bonk accounts based on the Payment Method. E. Define the Disbursement Bank Account in the Payment Process Profile; the payment process derives the disbursement bank accounts based on the Payment Process Profile.

A, E

An employee submits an expense report, but before it is processed the employee is terminated. At which level is the option Processing Days Allowed After Termination configured? A. Employee B. Business unit C. Expense template and type set up D. Project attributes E. Define expenses configuration

B

An installment for $1000 is due for payment on January 10, 2012. The installment has two discounts: the first discount date is December 5, 2011 for $150 and the second discount date us December 20, 2011 for $100. The Pay Date Basis on the supplier site is Discount. You submit a payment process request: Payment Date = December 5, 2011 Pay Through Date = December 25, 2011 Date Basis = Pay date Always Take Discount option = Enabled What will be the resulting status of the installment and discount? A. The installment is NOT selected because the first discount date NOT BEFORE the Pay Through Date. B. The installment is selected and a discount of $150 is available because the always Take Discount option is enabled. C. The installment is selected and a discount of $0 is available because the payment date is after the discount dates. D. The installment is selected and a discount of $100 is availed because only the latest discount date is committed. E. The installment is NOT selected but discount of $150 is availed because the Always Take Discount option is enabled

B

What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube? A. Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically. B. Define the hierarchy, make sure the tree version is active and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies C. Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for D. Define the hierarchy; make sure the tree is active. and the Publish check box is selected for the hierarchy.

B

Where do actions that are configured for execution in the Action Framework appear in Oracle Business intelligence Enterprise Edition? A. In the Oracle BI EE Global Header section B. In the Analysis, Dashboards, Agents, KPIs, and scorecard objectives sections (standard and mobile) C. In the MY Favorite region D. through OBIEE Mobile

B

Which embedded analytics provides Information on expense reports without receipts? A. Recent Similar Analytics B. Recurring Violations C. Recent Returned Reports D. Corporate Card Required Violation

B

Which method will reverse accruals in the next accounting period? A. Create two events, one for accrual and another for the reversal. B. Create one entry and use Accrual Reversal GL Date. C. Create one event and use the Accounting Reversal attribute. D. Create one event and use the GL functionality to perform the reversal.

B

In which two scenarios is the invoice line type Prepayment automatically generated? A. a prepayment created with invoice type as Prepayment B. a prepayment applied to the invoice C. a prepayment is unapplied to the invoice D. a manually created invoice line with type as Prepayment E. at the time of validating a Prepayment Invoice

B, C

Select two text functions that are available only for financial management. A. CallText B. MemberAlias C. MemberDescription D. ProcessManagementStatus E. MemberProprty

B, C

Which two scenarios is the invoice line type Prepayment automatically generated? A. a prepayment created with invoice type as Prepayment B. a prepayment applied to the invoice C. a prepayment is unapplied to the invoice D. a manually created invoice line with type as Prepayment E. at the time of validating a Prepayment Invoice

B, C

You are the Billing Manager and you are in charge of reviewing transactions and approving them. Which two tabs are available for your role in the Adjustments Overview Region on the Billing Work Area page? A. Pending My Approval B. Pending Approval C. Pending Approval from Others D. Approved E. Pending Research

B, C

Your customer is reconciling then Intercompany Receivables accounts. Which two reports should they use In addition to using the intercompany Reconciliation report? A. Receivables Aging by General Ledger Account report B. General ledger Trial Balance report C. Receivables to General Ledger Reconciliation report D. AR Aging report

B, C

Select three reasons that a prepayment will NOT be available for applying to invoices. A. The prepayment validation status is Available. B. The prepayment is of the Permanent type. C. The prepayment validation status is Needs Revalidation. D. The prepayment validation status is Unpaid. E. The prepayment is of the Temporary type.

B, C, D

A company has a business requirement that all invoices go through an approval process flow. Identify three features of the Invoice Approval workflow that meets their requirement. A. allows automatic resubmission of an invoice if rejection occurs B. has predefined criteria to identify which invoices require approval C. provides automatic routing of invoices upon approval to another designated approver D. allows for corrections to invoices to be made while still in the approval routing process E. provides Lime limits as to how long an invoice can remain unapproved before being automatically rerouted to the next approver

B, C, E

Which three activities are performed in the Corporate Cards Work Area? A. managing outstanding transactions B. managing historical transactions C. managing corporate card programs D. managing corporate card issuers E. creating payment requests F. managing usage policies

B, C, E

You must submit the Accounting Configuration. Which two statements are correct? A. You must define a Data Access Set to obtain full read/write access to the ledgers in the Accounting Configuration. B. A Data Access Set with full read/write access to the ledger is automatically created. C. Open the ledger's period to begin entering transactions. D. Verify the data roles created and assign them to the General Ledger users.

B, D

Which three fields appears in the Invoice Summary area when creating an invoice using the spreadsheet options? A. Freight B. Invoice Number C. Miscellaneous D. Difference E. Status

B, D, E

Identify two duty roles that are granted to a Tax Administrator. A. French DAS2 Reporting Duty B. Financial Application Lookups Administration Duty C. Internal Contact Relationship Information Inquiry Duty D. Classification Administration Duty E. Customer Account Addresses Inquiry Duty

B, E

A company has three Balancing Segment values. An Invoice is charged to all the three Balancing Segments. It is created with three distributions with the respective Balancing Segment values and the same Natural Account for AP Charge Account. Which set up should automatically account the liability account to the respective Balancing Segment Values? A. Distribution Set B. Invoice Matching C. Automatic Offset D. Sub ledger Accounting Setup E. Default Distributions

C

A company has three Balancing Segment values. An Invoice is charged to all the three Balancing Segments. It is created with three distributions with the respective Balancing Segment values and the same Natural Account for AP Charge Account. Which set up should automatically account the liability account to the respective Balancing Segment Values? A. Distribution Set B. Invoice Matching C. Automatic Offset D. Sub ledger Accounting Setup E. Default Distributions

C

An interactive report is based on real-time data and is always user interactive. What is true about Interactive reports? A. The user can NOT drill down from the Interactive reports user interface B. The report is always ad hoc. C. The user can enter parameters to limit the information to be included. D. Interactive reports ALWAYS require an ESS program to be run.

C

Dunning can be configured using ___________. A. only one business unit B. only multiple business units C. both by single business unit or multiple business units D. can NOT be configured by business units

C

Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________. A. Chart of Accounts Hierarchy maintenance B. the maintenance of Trading Community Data C. Chart of Accounts Master Data maintenance D. data access and security E. data modeling

C

Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a specific supplier type, it needs to go to a default accost regardless of the account type. What is the solution? A. Create two journal brie rules with a condition of supplier type. B. Create an Account Rule with 31 rule elements using one condition for each expense type and another for supplier type. C. Create an Account Rule with two rule elements using one for expense type mapping and the other for the condition of supplier type. D. Create an Account Rule with three rule elements using one for expense type mowing, one for condition of supplier type and the other without any conditions.

C

The Accounts Receivables Specialist reviews receipt with a status of Pending from the Review Customer Account Details UI in the Receivables work area. She has to reverse a particular receipt. What action does she take? A. Navigate to the Create Automatic Receipts UI the receipt, and create a debit memo. B. Navigate to the Create Receipts UI and create a new receipt for the customer. C. Navigate to the Manage Receipts UI, reverse the receipt, and create a credit memo. D. Navigate to the Manage Receipts UI, reverse the receipt, and create a debit memo.

C

The collections Manager runs the Determine Delinquency Using Scoring program to identify delinquent transitions. She wants to know the status of a particular transaction. On which tab she will find the status?. A. Customer Aging tab B. Transaction Details tab C. Transactions tab D. Transaction aging tab

C

The drilldown option available in the task pane for receipts does NOT include ________. A. Create Remittance via Spreadsheet B. Correct Funds Transfer Errors C. Lockbox Transmission History D. Create Receipt via Spreadsheet

C

What duty must an employee have in order to create payables documents, review reimbursements, process results, and review expense exports? A. Expense Audit Duty B. Expense Export Duty C. Expense Entry Duty D. Expense Management Analysis Duty E. Expense Policies and Rules Administration Duty

C

What duty must an employee have in order to create payables documents, review reimbursements, process results, and review expense exports? A. Expense Audit Duty B. Expense Export Duty C. Expense Entry Duty D. Expense Management Analysis Duty E. Expense Policies and Rules Administration Duty

C

Which functionality is NOT provided by the Receivables to Ledger Reconciliation Report? A. Limiting the display using the ad hoc parameter B. Drilldown to see reconciling details C. Drilldown to see what needs to transfer and post to the general ledger D. Graphical and visualization components for viewing the reconciliation details E. The reasons for the reconciling differences

C

Which repot show you differences between your sub ledger balances and General Ledger balances? A. Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports B. Payables and Receivables Aging Reports with the General Ledger Trial Balance report C. Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report D. General Ledger Financial Statements and the Accounts Payable and Accounts Receivables Invoice Registers

C

Which view do you use to set parameters and define the data that is displayed in the SmartView eport. A. SmartSlice B. SmrtView C. Point of View D. SmartCube

C

Yon have entered a journal and your supervisor is asking for the current account balance and what the future account balance will be after the journal is approved and posted. How will you get this information? A. Run Trial Balance. B. Run the Journals- (132 Char) Report. C. View the Projected Balances Region on the Create Journal page D. View the Account Inquiry window

C

A Payment Process Request is issued with a payment type of Manual. Which two payment statuses will allow the manual payment to be voided? A. Payment file build B. Pending proposed payment review C. Issued D. Cleared E. Negotiable

C, E

Choose two actions that can be performed from the Invoices to Pay region of a Single Payment Request. A. Change Due Date B. Assign Conversion Rate C. Export to Excel D. Search Invoices: Available for Payment E. Select and Add: Invoices to Pay

C, E

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? A. The failed invoice will be removed from the batch and remaining Invoices will be sent to IPM for routing. B. The failed invoices will be loaded with the data available and the user needs to enter the missing information manually. C. The entire invoice batch will be sent to IPM tor routing including invoice failed validation. D. The entire batch is marked as failed and needs to be resubmitted after corrections. E. Only the invoices that failed validation will be marked as failed and these need to be resubmitted after corrections

D

A company plans to provide access to certain employees with rights to update the cost center information with the expenses application. What duty must a user have in order to update cost center information? A. Expense Audit Duty B. Project expense Allocation Duty C. Expense Entry Duty D. Expense Account Allocation Duty E. Export Duty

D

The Link Journal Lines option in a Journal Line Rule is set to "Copy from Corresponding Line." What would this do? A. copies the description from the debitline to the credit line B. copies the accounted amount from a previous journal C. copies the accounting dale from a previous journal D. builds account for a journal line using segments from the offsetting entry of the current journal line E. copies from a previous journal line

D

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_________. A. 21 days B. 30 days C. 15 days D. 7 days E. 10 days

D

The billing Specialist creates an adjustment for an INCORRECT invoice and sends it for approval through the review and Manage Transaction link in the Billing Work Area. Since the adjustment amount is above approval limit, it is routed to the Billing Manager. What is the status of the Adjustment when the approver sees the adjustment in his Work Queue? A. Pending Research B. Pending Approval C. Approval Required D. Waiting Approval

D

To set up the intercompany transaction using the Chart of Account rule, you will have to ___________. A. specify the chart of account Intercompany receivables accounts, Intercompany payables accounts, the source and the category B. specify the account of account intercompany receivables only C. specify the chart of accounts intercompany payables only D. specify the chart of account intercompany receivables and intercompany payables accounts

D

What Is Oracle Essbase? A. A robust reporting and analysis tool B. A relational database C. A data ware house D. A multidimensional online Analytical Processing (OLAP) server that is embedded in Fusion General Ledger

D

What parameters are used to summarize the exceptions for review? You can click the manager Invoice Lines from the Billing Work Area to find Auto invoice Exceptions. A. Business Unit, Transaction Type, Invoice Date, Currency B. Business Unit, Customer Name, Transaction Source, Total Amount C. Business Unit, Transaction Source, Creation Date, Currency D. Business Unit, Transaction Source, Transaction Type, Creation Date

D

While extracting an invoice batch, RTS fails to extract and validate an invoice in a batch. What action is needed to complete the process? A. Review incomplete batches using Oracle Document Capture and resubmit them after correcting the exceptions. B. Review incomplete batches using Oracle Forms Recognition Runtime Service and resubmit them after correcting the exceptions. C. Review incomplete batches using Oracle Imaging and Process Management and resubmit them after correcting the exception. D. Review incomplete batches using Oracle Forms Recognition verifier and submit then after correcting the exceptions. E. Review incomplete batches using Enterprise Content management and submit them after correcting the exceptions.

D

What are the two parameters for the Payables Trial Balance Report? A. Supplier Name B. Legal Entity C. Supplier Number D. Ledger E. Party Name

D, E