2024 Payables Delta Exam
You have 10 ledgers and 30 business units and want to leverage Preference Data Sets. What is the function of Reference Data Sets? A. allow you to secure data by business unit B. allow you to assign multiple business units to users in a shared service center C. allow you to maintain sets of related data in a Data Dictionary D. allow you to share reference data such as payment terms, across multiple business units to avoid redundant setup
Claimed Answer - D
You need to enter a high volume of users into the system. What is Oracle's recommendation to do this? A. Use the Enter a Supplier user interface and enter each user manually B. Use the Hire an Employee user interface and enter each user manually C. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Cloud Applications. D. Use the spreadsheet of Oracle Identity Manager (OIM) to import users
Claimed Answer - D
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 already in use. The only changes made are to the field positions. What two steps can make these changes work? A. No change in the template is needed as we can achieve this using user-defined validations to move the positions as required. B. Keep the payment process profile and leave the format programs unchanged. C. Copy and modify the existing template to alter the positions as requested by the bank D. Creat a new payment process profile and a new format program E. Create a new temlate to make changes as requested by the bank F. Oracle Data Integrator or Golden Gate can be used to map the fields as required.
Claimed Answer -C,E
Which three attributes are captured during the scanning of invoice images? A. Invoice Date B. Invoice Number C. Terms Date D. PO Number E. Payment Method
Claimed Answer - A,B,D
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. A. The pay-through date is in a closed Payables period B. The pay=through date is in a future period. C. The invoices need revalidation D. The invoice has not been accounted E. The installment was manually removed
Claimed Answer - A,C
You have two business units, Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports fro specific business units? A. Use segment valuesecurity rules to secure access to business units B. Assign the expense Auditor Vision Operations and Expense Auditor Vision Services data roles to each Expense Auditor C. Assign the Expense Auditor as the owner of each business unit. D. Assign the Expense Auditor job roles to each auditor
Claimed Answer - B
You want your expense auditors to audit only expenses reports for specific business units. How do you do this? A. Create your own audit extension rules that correspond to the business unit. B. Assign the auditors' specific data roles for the corresponding business units. C. Create a custom duty role and assign the data roles to each auditor. D. Make auditors the managersof the corresponding business unit to route expense reports properly.
Claimed Answer - B
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? A. Make sure you can query the user using Oracle Identity Manager (OIM) and the roles are assigned. B. Make sure you can query the user from the Manage Users page and verify the roles assigned. C. Make sure you ran the Retrieve Latest LDAP Changes program. D. Make sure the user logs out and logs back in.
Claimed Answer - C
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 _____ A. Superuser role to your user B. IT Security Manager role to your user C. Application Implementation Manager role to your user D. Line Manager role to your user
Claimed Answer - C
Identify three statements that indicate the purpose of Functional Setup Manager. A. It allows you to centrally manage the close processes across subledgers and ledgers. B. it allows you to assign setup tasks to individuals with due dates where users must manually update their completion status. C. It automatically marks the completion status of tasks as Completed once they have been completed. D. It automatically generates lists of setup tasks in the correct sequence with dependencies highlighted. E. It provides a central place to access and perform all of the setup steps across the applications.
Claimed Answer - C,D,E
What is the name of the Work Area that is used to access Functional Setup Manager? A. Functional Work Area B. Functional Setup Manager C. Customization Manager D. Setup and Maintenance E. Customize Setup and Maintenance
Claimed Answer - D
A company has a requirement to default the disbursement bank account when submitting a Payment Process Request. Which actions will accomplish this? (Choose two.) A. Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account. B. Define the Disbursement Bank Account to the Payment Method in payment default rules. C. Define the Disbursement Bank Account to every supplier. D. Create a Payment Process Request template that includes the Disbursement Bank Account. E. Assign the Disbursement Bank Account to users to have the payment process default the bank account.
Claimed answer - A, D (auto generated)
The expense auditor has chosen to Request More Information for an expense report. Select two ways the system processes this action. A. The expense report status remains Pending Payables Approval. B. The expense report is routed back to the approvers C. The audit can be completed before the requested information is received from the employee D. The employee must resubmit the expense report
Claimed answer - A,B
You need to have an invoice line automatically distirbuted across multiple cost centers. For example, you want your monthly utility bill allocated across multiple cost centers based on percentage. Select two methods to achieve this. A. Configure Subledger Accounting rules to allocate costs B. Define a distribution set and assign it manually to the invoice C. Choose the 'All Lines' option from the Allocate menu in the invoice line area D. Define a distribution set and assign it to the supplier
Claimed answer - A,B
Which three are subject area subfolders that report Payables reconciliation differences to General Ledger? (Choose three) A. Reconcilliation Payment Details B. Reconcilliation prepayment application details C. Reconcilliation Invoice Details D. Reconcilliation Invoice Hold Details E. Reconcilliation Invoice Request Details
Claimed answer - A,B,C
The Accounts Payable Manager voided a foreign currency payment due to insufficient funds. Which three statements are correct? A. All related interest invoices are reversed if previously created B. Any previous accounting and payment records for an invoice are reversed C. Any realized gain or loss previously calculated is reversed E. Voiding the payment automatically places an invoice on hold
Claimed answer - A,B,D
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) A. Weekly B. Monthly C. Bimonthly D. Biweekly
Claimed answer - A,B,D
Which three are Invoice Header attributes that can be used during invoice approval rule creation? (Choose three) A. Business Unit Name B. Pay Group Lookup Code C. Statistical Amount D. Requester Name E. Accounting Date
Claimed answer - A,B,E
Which three are valid reasons why you cannot close your Payables period? (choose three). A. Bills payable requiring maturity B. Unaccounted invoices and payments C. Suppliers on payment holds D. Unapplied prepayments E. Incomplete payment files
Claimed answer - A,B,E
An invoice for $1000 USD and a credit memo for ($1100) USD are due for payment. What are the two outcomes if you choose the "Apply Credits Up to Zero Amount" option when submitting a Payment Process Request? (Choose two) A. Both the invoice and the credit memo are included in the Payment Process Request B. Neither the invoice nor the credit memo is included in the Payment Process Request C. Both the invoice and the credit memo are fully paid D. Only the invoice is paid fully but the credit memo is partially paid with a credit of ($100) USD remaining
Claimed answer - A,D
Identify three scenarios where you are not allowed to cancel an invoice. (Choose three) A. Prepayments were applied to the invoice B. An accounting entry has been created for the invoice C. The invoice is validated D. The invoice is fully or partially paid E. The invoice was adjusted by a credit or a debit memo
Claimed answer - A,D,E
Select three reasons why you cannot close your Payables period. A. Open intercompany transactions B. unapplied prepayments C. suppliers on payment holds D. bills are payable requiring maturity E. unaccounted invoices and payments
Claimed answer - A,D,E
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? A. Standard Invoice: Invoice Currency USD, Payment Currency GBP Prepayment: Invoice Currency USD, Payment Currency AUD B. Standard Invoice: Invoice Currency USD, Payment Currency USD Prepayment: Invoice Currency CAD, Payment Currency CAD C. Standard Invoice: Invoice Currency CAD, Payment Currency GBP Prepayment: Invoice Currency USD, Payment Currency AUD D. Standard Invoice: Invoice Currency USD, Payment Currency CAD Prepayment: Invoice Currency CAD, Payment Currency CAD
Claimed answer - A
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? A. Run the Prepare Payables to General Ledger Reconciliation report at Ledger level B. Run the Prepare Payables to General Ledger Reconciliation report at the Business Unit level C. Running the Prepare Payables to General Ledger Reconciliation report is NOT available when there is a centralized payment processing D. Run the Prepare Payables to General Ledger Reconciliation report for combination of Ledger and Balancing Segment Value
Claimed answer - B
Which two are classified as Self-Billed invoices (Choose two) A. Customer Refunds initiated from Receivables B. Evaluated Receipt Settlement (ERS) Invoices C. Invoices created using Integrated Imaging D. Expense Reports transferred from Expenses E. Debit Memos created by the Return to Supplier feature F. Invoices entered through the Supplier Portal
Claimed answer - B, F
What are the two advantages of using a spreadsheet for correcting invoice import errors? (Choose two) A. Identification of errors with clear error messages at the invoice header and line levels B. Ability to enter a high volume of invoices via a spreadsheet C. ability to correct errors and re-import invoices directly from a spreadsheet D. identification of errors with clear error messages at the invoice header level only E. ability to correct errors within the spreadsheet and send invoice corrections for approval
Claimed answer - B,C
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) A. The payment supplier site is different to the supplier site on the invoice B. The invoice is not yet due C. The invoice is not validated D. The payment method for the invoice is Electronic E. The invoice is not accounted
Claimed answer - B,C
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) A. It allows approvers to review payments and decide whether or not to approve a payment B. It defines criteria for triggering the payment approval process, such as payment amount, bank account, or pay group C. It defines a list of approvers who review payments and make fine payment decisions D. It defines when to initiate the payment approval process E. It determines which payments must go through the payment approval process
Claimed answer - B,C,D
Which three are supported image formats for the integrated imaging solution? (Choose three). A. RTF B. JPEG C. TIFF D. XLS E. PNG
Claimed answer - B,C,E
Which three reports are generated by the export setup data process? (Choose three.) A. Exported Business Object Report B. Process Results Report C. Process Results Summary Report D. Process Results Detail Listing Report E. Setup Data Report
Claimed answer - B,C,E
Your company policy requires imaged receipts for expense reports. Which two statements are true about the association of a receipt to an expense report? (Choose two) A. Employees are not reimbursed for expense report expenditures until missing our overdue imaged receipts are submitted. B. Users can maintain scanned receipts in a central repository and provide a reference number in the expense report. C. Receipts are not required if the expense item falls within Per Diem Rates D. An expense report may require original, imaged, or both types of receipts.
Claimed answer - B,D
Which three are invoice types that can be entered using the Supplier Portal (Choose three). A. Invoices that are automatically created when the supplier creates an ASN for drop shipments B. B2B XML Invoices C. Non purchase order matched invoices D. Invoices that are created from the Evaluated Receipt Settlement (ERS) process E. Purchase order matched invoices
Claimed answer - B,D,E
Which three types of payments can you make if you have access to Disbursement Process Management Duty? A. Reimbursement of employee expense reports B. Employee advances C. Supplier payments D. Customer refunds E. Ad hoc payments
Claimed answer - B,D,E
Your client has two business units and requires the Payables Specifalist to process invoice transactions for both business units. What setup is required to achieve this? A. A Self-Service Service Provider Model B. A Dedicated Service Provider model C. Business Unit Security D. A Dedicated and Self-Service Service Provider Model
Claimed answer - C
You need to have your invoice line automatically distributed across multiple cost centers. For example, you want your monthly utility bill allocated across multiple cost centers based on a percentage. Which two are valid methods to achieve this? (Choose two) A. Choose the 'All Lines' option from the Allocate menu in the invoice line area B. Define a distribution set and assign it to the supplier C. Define a distribution set and assign it manually to the invoice D. Define a payment term and assign it to the invoice
Claimed answer - C, D
In the implementation project, there is a requirement to add new transactional attributes to the Expense Approver Report workflow notification. Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two) A. The original Source B. The Output types C. The layout-template D. The Data Model E. The Style-Template
Claimed answer - C, E
You are resolving payment validat
Claimed answer - C,D
Your company policy requires that receipts be attached to expense report items before reimbusement can be made. Which two statements are true about the association of a receipt to an expense report? (Choose two) A. Users can maintain scanned receipts in a central repository and provide a reference number in the expense report B. Receipts are not required id the expense item falls within Per Diem Rates C. Expenses do not create payment requests for expense reports that have missing or overdue receipts D. An expense report may require original, imaged, or both types of receipts
Claimed answer - C,D
What three are attributes that are recognized by Invoice Imaging? A. Terms Date B. Payment Method C. Invoice Date D. PO Number E. Invoice Number
Claimed answer - C,D,E
A Bill Payable document
Claimed answer - D
Which two statements about the submission of invoices by suppliers using Supplier Portal are true? (Choose two) A. A supplier can make changes to the invoice after submitting it B. A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations C. 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. D. A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed E. A supplier can validate the invoice after submitting it
Claimed answer - A,D,E
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? A. From the Party Tax Profile of the Third Party Site B. From the Manage Tax Reporting and Withholding Tax Options C. From the Income Tax region fo the Supplier D. From the Site Assignments of the Supplier Site
Claimed answer - B
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? A. Create payments by using the Check Payment method for those suppliers and then destroy those checks. B. Create payments by using Electronic Funds Transfer (EFT) for those suppliers but do not send the electronic file to the bank C. Create payments by using a clearing payment method for those suppliers because this payment method does not generate a file. D. Create a payment by using a wire payment method for those suppliers
Claimed answer - D
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 country? A. 2 B. 6 C. 1 D. 3
Claimed answer - D
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? A. .doc (Word file) B. .pdf (Acrobat reader file) C. .xls (Excel file) D. .xlf (XLIFF file)
Claimed answer - D
When working with reference data sets in Payables, what reference data sharing method can you use for Payables Payment Terms? A. Assignment to one set only; no common values allowed B. Assignment to one set only with common values C. Assignment to multiple sets with common values allowed D. Assignment to multiple sets; no common values
Claimed answer - D
Which reports can show you differences between your subledger balances and general ledger balances to help you reconcile quickly? A. Payables to Ledger Reconcilliation report B. Payables Aging reports with the General Ledger Trial Balance Report C. General Ledger Financial Statements and the Accounts Payable and Invoice Registers D. Payables Trial Balance and General Ledger Trial Balance reports
Claimed answer - D
You entered an invoice of 12,000 and paid it for Office Suppliers
Claimed answer - D
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? A. You must provide a start date and an end date for the prepaid expenses in the invoice lines or distributions B. You must provide a start date, an end date, and the accrual account for the prepaid expenses in the invoice lines or distributions C. You must provide a start date and the accrual account for the prepaid expenses in the invoice lines or distributions D. You must provide the accrual account for the prepaid expenses in the invoice lines or distributions
Claimed answer - D
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? A. March 15th B. January 15th C. April 15th D. February 15th
Claimed answer - D
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? A. SingleTypeParticipantinParallelModeRuleSet B. FyiTypeParticipantInParallelModeRuleSet C. InvoiceApprovalRuleSet D. ParallelTypeParticipantParallelModeRuleSet
Claimed answer - D
You need to submit a 1099 report; your State
Claimed answer - D
You want to customize the Payables Invoice Register template to only display invoices when the Supplier name is Company. Which is the correct way to customize the template? A. Supplier name is a group that repeats on every page B. 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. C. Insert the syntax <?if:condition?> before the Supplier field and then enter the closing tag D. Insert the syntax <?if:COMPANY A'> before the Supplier field and then enter the closing tag after the invoices table E. Hard code Supplier Name "Company A" in the report template and only invoices for that supplier will be displayed
Claimed answer - D
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? A. Enter the payment terms in the Manage Payment Options page so they default onto the invoice B. Enter the payment terms at the Supplier level so they default onto the invoice C. Enter the payment terms at the supplier site level so they default onto the invoice D. Manually override the payment terms that have defaulted from the purchase order for those suppliers E. Enter the payment terms in the Manage Invoice Options page so they default onto the invoice
Claimed answer - D
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. The employee can manually release the hold B. Payables Manager can release payment holds in Payables C. The employees supervisor can manually release the hold D. The expense auditor can manually release the payment hold at this discretion E. Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived
Claimed answer - D,E
Which job role has full access to perform all Functional Setup Manager related activities? A. Application System Administrator B. Any Functional User C. Functional Setup Manager Superuser D. IT Security Manager E. Application Implementation Consultant
Claimed answer - E
Which reporting tool is used to report on real-time data? A. Essbase Cube B. Smart View C. Oracle Business Intelligence Publisher D. Oracle Financial Reporting Studio E. Oracle Transactional Business Intelligence (OTBI)
Claimed answer - E
Which statement is true about selecting a bank account on the Create Payment page? A. LE on the bank account should be different from the LE on the invoice B. Bank account must match the supplers bank account C. Users can pick any bank account as long as the bank account is tried to the business unit D. There is no relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system. E. LE on the bank account should be equal to LE on the invoice
Claimed answer - E
You have modified your tax setup and want to test the changes on actual Payables transactions. How do you validate before enabling for transaction? A. by creating accounting in draft mode B. by changing the tax status to test and then entering a payables invoice C. by creating a payable invoice, and by validating and reviewing the tax application D. Oracle Transactional Business Intelligence (OTBI) E. by using Tax Simulator to test
Claimed answer - E
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? A. The audit selection rule has not been assigned in the system options page B. The audit selection rule has not been assigned to the legal entity C. Auditing has not been enabled in the system options page D. An expenses template and type rule has not been setup E. The audit selection rule has not been assigned to the business unit
Claimed answer - E
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? A. Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000. The prepayment application has no impact on the invoice. B. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000. Prepayment application - Dr AP Liability 8000 Cr Prepayment Account 8000. C. Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000. Prepayment application - Dr Expense Account 8000 Cr Prepayment Account 8000 D. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000. Prepayment applica
Claimed answer - A
Which attributes on the payables invoice can be used during approval rule creation? A. company, segment, cost center segment, supplier, and Attribute 1 on the invoice line B. company and cost center segment only C. supplier only D. cost center segment and supplier only
Claimed answer - A
Which data is visible to a Payables user in the Payables to General Ledger Reconciliation report? A. Data for all business units and one balancing segment in the ledger B. Data for authorized business units only; no GL data is visible C. Data for all business units and all balancing segments in the ledger D. Data for authorized business units and GL data for all balancing segments in the ledger (unless restricted)
Claimed answer - A
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? A. The option 'Allow remit-to supplier override for third-party payments' is not checked in the Invoice Options page for the business unit B. 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 C. The option 'Allow remit-to supplier override for third-party payments' is not checked in the Payment Options page for the business unit. D. The option 'Allow remit-to supplier override for third-party payments' is not checked in the Disbursement System Options page for the business unit
Claimed answer - A
You are voiding a payment and have selec
Claimed answer - A
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 is < $1000, auto approve it Now, the user creates an invoice for $1000 and routes it for approval. What will happen? A. invoice will not be process B. The system will issue an error message after the approval has been initiated C. Invoice will be sent to User 1 for approval D. Invoice will be auto-approved
Claimed answer - A
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? A. three procurement business units B. one business unit per supplier C. five sold-to business units D. four requisition business units E. twelve business units per supplier
Claimed answer - A
Which two are true for Payables Payment Terms? (Choose two) A. When entering an Invoice, you will see Payment Terms assigned to the reference data set associated with the Business unit on the invoice plus associated with the common set B. 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 C. 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 D. Each payment term can only be assigned to one reference data set
Claimed answer - A, B
Which two invoice types can have a status of incomplete? (Choose two) A. Supplier Portal Invoices which are rejected and resubmitted for approval B. Scanned Invoices with incomplete or missing information C. Scanned Invoices which are rejected during import D. Prepayment Invoices which are fully paid but not applied against any invoice E. Supplier Portal Invoices which are saved but not yet submitted
Claimed answer - A, B
During an expense audit the auditor marks an expense item that is missing a recept 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? A. New expense report containing disallowed expense items is immediately created B. Approved part of the expense report is not eligible for expense reimbursement. C. The approved part of the expense report is eligible for expense reimbursement D. New expense report containing disallowed expense items is not created until manager approves the short payment
Claimed answer - A, C
Which three options are available to filter data when you submit the Prepare Payables to Ledger Reconciliation report? (Choose three) A. Ledger Set B. Supplier C. Balancing Segment Value D. Business Unit E. Natural Account F. Legal Entity
Claimed answer - A, C, D
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. Approval by Cost Center owners in parallel or serial mode B. Approval by supervisor based on expenses type amount C. Approval by Project Managers in parallel or serial mode D. Approval by supervisor based on report amount E. Approval by a Group based on report amount in parallel or serial mode
Claimed answer - A, C, D
Which two tools can you use to build layouts for BI Publisher reports? (Choose two) A. Report Developer B. BI Composer C. Template Builder for Word D. Layout Editor E. BI Answers
Claimed answer - A, D
Your client wants the subledger journal entry description to be transferred to general ledger. Which two could be used to enable this? (Choose two) A. Set the General Ledger Journal Entry Summarization option to Summarize by general ledger period B. Set the General Ledger Journal Entry Summarization option to Group by general ledger period C. Set the General Ledger Journal Entry Summarization option to Group by general ledger date D. Set the General Ledger Journal Entry Summarization option to Summarize by general ledger date
Claimed answer - A, D
A. The tax for the prepayment is recalculated and the generated tax line amount will be $250 USD (5% * 10,000-5000). B. 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). C. 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). D. The tax calculated on the prepayment is reversed completely and the tax rate applied to the invoice line is retained.
Claimed answer - B
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? A. The payment process request pays only $200 USD alone B. The payment process request applied $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates a payment for $0 USD C. The payment process request creates a refund for $225 USD and leaves the invoice unpaid D. 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
Claimed answer - B
What are the output formats supported for Electronic and Check format programs? A. Electronic output format of XML, Check output format of rtf B. Electronic output format of eText, Check output format of rtf C. Electronic output format or Text, Check output format of Text D. Electronic output format of DATA (csv), Check output of Zipped PDFs E. Electronic output format of PDF, Check output format of PDF
Claimed answer - B
What is the difference between subject areas that append the word "Real Time" and those that do not? A. The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data B. The "Real Time" subject areas are based on real-time transactions in the applications, and those that are not, are absed on data stored in the Oracle Business Intelligence Applications data warehouse C. There is no difference D. The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances
Claimed answer - B
Which component is not included in security architecture for credit card data and bank account data encryption? A. Oracle Wallet B. Supplier master encryption key C. Sensitive data encryption and storage D. Payments subkeys E. Payments master encryption key
Claimed answer - B
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?
Claimed answer - B
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? A. Invoice will be auto-approved B. The workflow will fail once approval is initiated C. The initiate option is greyed out for the invoice D. Invoice will be sent to User 1 for approval
Claimed answer - B
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? A. Set the profile option ORA_EXM_ORACLE_MAPS to yes at the site level B. Set Enable Oracle Maps to yes in the expense mileage policies C. Set Enable Oracle Maps to yes in the expense report template D. Set Enable Oracle Maps to yes in the expenses system options
Claimed answer - B
Your client company wants to ensure that the payments they are sending to their financial institution are valid and formatted correctly. They would like to identify any validation failures as early in the process as possible. Where would you suggest the validations are set? A. Supplier Site B. Payment Method C. Payment Format D. Payment Terms E. Disbursement Bank Account
Claimed answer - B
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? A. Mapping Set B. Description Rule C. Supporting References D. Event Class Settings E. Transaction References
Claimed answer - B
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? A. 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 B. Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", and value "Domestic" C. Modify your template to hard code the value "Domestic" for the pay group position D. Define a user validation at the format program 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
Claimed answer - B
Your company wants to generate intercompany transactions in USD but only if the amount involved is $3000 USD or more. Which two intercompany system options are valid? A. You cannot update the minimum transaction currency when intercompany currency is entered B. Intercompany invoices will generated for the minimum accountable amount set at the payable invoice options and receivable system options C. Set the intercompany system option minimum transaction amount to $3000 USD D. Approval rules need to set the allow of the intercompany transaction to be routed to the receiver or provider E. Set the intercompany system option minimum transaction amount to $2999.99 USD
Claimed answer - B, C
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. Setup a new tax B. Setup a new tax rate C. Setup a new recovery rate D. Setup a new tax rule E. Setup Determining Factor and Condition Sets F. Setup a new status
Claimed answer - B, D, F
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 A. 1449 B. 201 C. 949 D. 500
Claimed answer - C
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? A. The installment is selected and a discount of $50 USD (the second discount) is applied B. The installment is selected and a discount of $200 USD ($150+$50) is applied C. The installment is selected and a discount of $150 USD is applied because the Always Take Discount option was enabled D. The installment is selected but no discount is applied because the payment date is after the d
Claimed answer - C
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? A. The installment is not selected because the discount dates are before the Pay Through Date B. The installment is selected and no discount is applied C. The installment is not selected because the due due date is after the Pay Through Date D. The installment is selected and a discount of $50 USD is applied E. The installment is selected and a discount of $150 USD is applied
Claimed answer - C
There are four key reports in Cash Management. What is the correct match for each report and its description? 1. Cash to General Ledger Reconciliation Report 2. Bank Statement Report 3. Cash in Transit Report 4. Bank Statement Analysis Report Description E. Lists all transactions for a specific bank account, that have been remitted to the bank but have not been cleared. F. Displays the bank statements that are used to analyze balances and transaction details. G. Displays balance and transaction information for specific bank statements. H. Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management. A. 1 = H, 2 = G, 3 = E, 4 = F B. 1 = E, 2 = G, 3 = H, 4 = F C. 1 = H, 2 = F, 3= E, 4 = G D. 1 = H, 2 = E, 3 = G, 4 = F
Claimed answer - C
What data can you find in an Oracle Transactional Business Intelligence subject area attribute column? A. Values that are organized into parent-child relationships B. data that is metric and can be added up or aggregated C. Information about a business object with values that are dates, Ids, or text D. Data that provides a measure of something
Claimed answer - C
What does the Place of Supply rule value 'Bill to Party' imply in an Oracle Payables Invoice? A. Location assigned to the Supplier Party Site for the transactions B. Location assigned to the Legal Entity for the transactions C. Location assigned to the Legal Entity Reporting Unit for the transactions D. Location assigned to the Business Unit for the transactions
Claimed answer - C
What is the recommendation when setting up Reconciliation Rule Sets? A. One to One rules should be sequenced below rules of other types. B. Many to Many rules should always be used last in the sequence. C. One to One rules should be sequenced above rules of other types. D. Many to Many rules should always be used first in the sequence.
Claimed answer - C
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? A. You did not define conversion rates for your business unit B. You did not specify a default expense template C. Only cash transactions use those settings D. You did not define conversion rates in the General Ledger Cloud
Claimed answer - C
You are testing the Payables to General Ledger Reconciliation report at the ledger level for your UK Ledger, you have run and selected the extract for the report but the request returned the message no data to display. What is the reason for this? A. You did not specify the range of liability accounts to include in the extract B. The reconciliation flag has not been enabled for your liability accounts C. The financial category of Accounts Payable is not assigned to the liability accounts D. You did not select the business units associated to the UK Ledger
Claimed answer - C
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? A. On Jan 10th, Debit Prepaid Expense for 12,000 and Credit Liability 12,000 B. 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 C. 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, and Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000 on Mar 31st, Debit Rental Expe
Claimed answer - C
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? A. Neither the invoice nor the credit memo are included in the payment process request because the credit reduces the payment amount below zero. B. Both the invoice and the credit memo are paid and a refund of $25 USD is created C. 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. D. Both the invoice and the credit memo are selected and the Payment Process Request requires attention.
Claimed answer - C
You have enabled Payment Approval for your payment process requests (PPR). At what stage of the PPR is the payment approval process automatically triggered? A. Review Proposed Payments B. Review Installments C. Create Payment Files D. Build Payments
Claimed answer - C
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? A. Choose Match to Receipt. B. Enter the Invoice manually and add the freight line. C. Choose to Match to Receipt Charges. D. Choose to Match to Invoice Lines. E. Choose to Match in full to the Purchase Order.
Claimed answer - C
