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Oracle Payables Cloud Exam

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When they are approved and audited

Choose matching term

At what stage are expense reports eligible to export for reimbursement by a third-
party?

when they are approved and audited

1 when they are audited
when they are submitted and audited
when they are submitted and approved
when they are approved
when they are awaiting approval

What is created for employee expenses in Payables once the Process Expense
Reimbursements and Cash Advances program has successfully completed?

2 a Prepayment
a Payment Request
an Invoice
an Expense Report
 Which of the following options are related to setting up language in user
preferences? (Choose three)

Employee News
3
Default Language
Language by Role
Display name language
Current session language

Which three attributes are captured during the scanning of invoice images?

A. Payment Method
4 B. Terms Date
C. Invoice Date
D. Invoice Number
E. PO Number

Don't know?

Terms in this set (255)

Before you can configure B. It defines criteria for
payment approval rules, triggering the payment
your approval process, such as
company must define a payment amount, bank
payment approval policy. account, or pay group.
Which three are done by C. It defines a list of
the approvers who review
payment approval payments and make final
policy? payment decisions.
(Choose three.) D. It defines when to
initiate the payment
A. It allows approvers to approval process.
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 final
payment decisions.
D. It defines when to
initiate the payment
approval process.
E. It determines which
payments must go
through the payment
approval process.

A Bill Payable document Issued

was
paid but has not yet
matured.
What is the status of the
payment?
Certain suppliers that A. Enable the relevant suppliers for offset tax and
your customer regularly create an offset tax to remove the calculated tax
deals with line from these suppliers
are exempt from tax.
How would you OR B OR D???
configure tax
for this?

A. Enable the relevant

suppliers for offset tax
and create an offset tax
to remove the calculated
tax line from these
suppliers
B. Define a tax status and
rate for exempt, define a
party fiscal classification
of exempt, assign it to the
relevant suppliers, and
write a rule to
incorporate the exempt
party fiscal classification.
C. Create a new tax
regime for the exempt
tax and subscribe the
exempt suppliers to the
tax regime on the
configuration options tab.
D. Define a tax status and
rate for exempt, define a
supplier fiscal
classification of exempt,
assign it to the relevant
suppliers, and write a rule
to incorporate the
exempt supplier fiscal
classification
A company has a D. Create a payment process request template that
requirement includes the disbursement bank account
to default the E. Assign the disbursement bank account to users to
disbursement have the payment process default the bank account
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
During your business trip C. Overwrite the conversion rate with the one Visa
to the UK, provided and enter a justification that Visa used a
you took a taxi ride and different conversion rate
paid for it
by using your personal
Visa credit
card. While entering your
expenses,
you get a warning that a
different
conversion rate was
applied to the
taxi expense by Visa than
the one
used by your company.

A. Do not enter the taxi

expense and call your
finance department so
that they can make
changes in the
conversion rate settings
and you do not violate
the allowable limit
B. Call Visa to address the
issue and tell them to
make adjustments to their
conversion rate. Then,
wait to get a revised
statement
C. Overwrite the
conversion rate with the
one Visa provided and
enter a justification that
Visa used a different
conversion rate
D. Use the corporate-
defined conversion rate
even if it means you will
not be reimbursed fully
The expense auditor has A. The expense report
chosen to status remains
Request More Pending Payables
Information for an Approval.
expense report. Select C. The audit can be
two ways the completed before
system processes this the requested
action. information is
(Choose two.) received from the
employee.
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
Identify three scenarios 1. Prepayments were
where you applied to the
are not allowed to cancel invoice
an 4. The invoice is fully
invoice. (Choose three.) or partially paid
5. The invoice was
1. Prepayments were adjusted by a credit
applied to the invoice or debit memo
2. An Accounting entry
has been created for the
invoice
3. The invoice is validated
4. The invoice is fully or
partially paid
5. The invoice was
adjusted by a credit or
debit memo

Identify two ways the C. Customers ask

invoice their suppliers to
imaging solution works in scan and email the
the Cloud. invoice.
(Choose two.) E. Customers scan the invoice on-premise and email
the images
A. Customers cannot use
invoice imaging in the
cloud
B. Customers scan and
store the invoice images
on-premise and attach
them during invoice entry
C. Customers ask their
suppliers to scan and
email the invoice
D. Customers ask
suppliers to send
electronic invoices
E. Customers scan the
invoice on-premise and
email the images
Identify what Oracle C. Business units must be granted access to the
considers two bank account
best practices when D. Only business units who use the same ledger as
setting up the bank accounts owning legal entity can be
Payables and assigned access
Receivables account
access for bank
reconciliation. (Choose
two.)

A. Do not assign bank

accounts to business
units
B. Assign a few general
ledger cash accounts to
multiple bank accounts to
facilitate book-to-bank
reconciliation
C. Business units must be
granted access to the
bank account
D. Only business units
who use the same ledger
as the bank accounts
owning legal entity can
be assigned access
E. Allow bank accounts to
be accessed by all roles
and users because the
default value to secure a
bank account by users
and roles is No
An installment for $2,000 C. The installment is not selected because the due
USD is date is after the pay through date
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 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
An installment meets all C. The invoice requires approval
the E. The invoice needs revalidation.
selection criteria of a
Payment
Process Request, but it
still does
not get selected for
payment
processing.
What are the two
possible
reasons for this? (Choose
two.)

A. The pay-through date

is in a closed payables
period
B. The invoice has not
been accounted
C. The invoice requires
approval
D. The pay-through date
is in a future period
E. The invoice needs re-
validation
In what order should the B. Supplier, Supplier
import Address, Supplier Site,
process be run when Supplier Site Assignments
importing
suppliers?

A. Supplier, supplier site

contacts, supplier site,
supplier site assignment
B. Supplier, supplier
address, supplier site,
supplier site assignments
C. Supplier, supplier site
assignment, supplier site,
supplier contacts
D. Any order
An Office supplies Invoice accounting - Dr Expense Account 10000 Cr
company requires AP Liability Account 10000. Prepayment application
an advance payment of - Dr AP Liability 8000 Cr Prepayment Account 8000.
$8000 for the
office supplies you wish
to order. You
enter and pay a
prepayment type
invoice for $8000. You
enter the
standard invoice to book
the expense
which totals $10000 and
you apply the
prepayment to the
standard invoice.
What are the accounting
entries for
that standard invoice with
the
prepayment application?

Invoice accounting - Dr
Prepayment Account
10000 Cr AP Liability
Account 10000. The
prepayment application
has no impact on the
Invoice.
Invoice accounting - Dr
Expense Account 10000
Cr AP Liability Account
10000. Prepayment
application - Dr AP
Liability 8000 Cr
Prepayment Account
8000.
Invoice accounting - Dr
Prepayment Account
10000 Cr AP Liability
Account 10000.
Prepayment application -
Dr AP Liability 8000 Cr
Prepayment Account
8000.
Invoice accounting - Dr
Expense Account 10000
Cr AP Liability Account
10000. Prepayment
application - Dr AP
Liability 2000 Cr
Prepayment Account
2000.
The payment build B. Set the validation failure handling for payments to
program has "stop process for review."
completed but with
errors.
When submitting the
payment process
request, which
processing option is
used to review the error
messages
from the Manage
Payment Process
Request Inquiry?

A. Set the validation

failure handling for
documents to "show
errors"
B. Set the validation
failure handling for
payments to "stop
process for review"
C. Set the validation
failure handling for
payments to "show
errors"
D. Enable debug for the
payment format
A Payment Process C. The status of the payment file is terminated
Request was submitted D. The status of each payment in the payment file is
and errors were found in cancelled and the related documents are available
the for future selection
payment file. The
payment file and
process were terminated.
Which two statements
are true?
(Choose two.)

A. The invoices are

placed on payment hold
B. The status of each
payment file is
terminated
C. The status of the
payment file is
terminated
D. The status of each
payment in the payment
file is cancelled and the
related documents are
available for future
selection
E. The status of the
payment file is cancelled
Select three reasons why A. Open intercompany transactions
you cannot D. Bills payable requiring maturity
close your Payables E. Unaccounted invoices and payments
period. (Choose
three.)

A. Open intercompany
transactions
B. Unapplied
prepayments
C. Suppliers on payment
holds
D. Bills payable requiring
maturity
E. Unaccounted invoices
and payments

1. Identification of
error with clear
What are the two error messages at
advantages of using the invoice header
a spreadsheet for and line levels
correcting invoice 2. Ability to
import errors? (Choose correct errors and
two.) re-import invoices
directly from a
spreadsheet

What data can you find in information about a

an business object with values
Oracle Transactional that are dates, Ids or text
Business
Intelligence subject area
attribute column?
What happens if a D. The accounting dates of all unaccounted invoices
company runs the will be changed to February 1, 2018, the first day of
Payables Unaccounted the next period.
Transactions Sweep
program for February
2018 if the invoices with a
Hold status have an
invoice date of
January 20, 2018?

A. The accounting dates

of all unaccounted
invoices will be changed
to February 20, 2018, the
same day of the next
period.
B. The accounting dates
of all unaccounted
invoices will change to
February 28, 2018, the last
day of the next period.
C. The accounting dates
of all unaccounted
invoices will remain
unchanged at January 20,
2018
D. The accounting dates
of all unaccounted
invoices will be changed
to February 1, 2018, the
first day of the next
period.
What is the result of D. The payment is no longer
voiding a valid.
payment?

A. A stop payment
request has been
initiated to the bank
B. A bills payable
payment was created but
is not yet matured
C. The payment is
reconciled to the bank
statement
D. The payment is no
longer valid

What two job roles are A. Application

required to access Implementation Manager
information C. Application
within Functional Setup Implementation Consultant
Manager? (Choose two.)

A. Application
implementation manager
B. Any functional user
C. Application
implementation
consultant
D. Functional setup
manager superuser
E. IT security manager
When submitting the D. Make sure you assigned a
Payables Financial Category of
to General Ledger Accounts Payable to all
Reconciliation report, the your liability natural account values.
extract did not select any
data.
What should you check?

A. Make sure you assign

an account parameter
when running the extract
to include liability
accounts.
B. Make sure you
specified a business unit
in the parameters when
running the extract
C. Make sure you
enabled the
reconciliation flag to all
of your liability natural
account values
D. Make sure you
assigned a financial
category of accounts
payable to all your
liability natural account
values
Which attributes on the A. Company segment, cost center segment,
payables supplier, and Attribute 1 on the invoice line
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

Which component is not B. Supplier master encryption key

included in the 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
Which dashboard or C. Invoices Workarea only
workarea
displays the Scanned
Invoices
region for invoices
processed
through the
Payables Integrated
Imaging
solution?

A. Manage invoices page

B. C-level executives
C. Invoices Workarea
only
D. Payables dashboard
only
E. Payables dashboard
and invoices workarea

Which is the Payables C. Oracle Transactional

tool based Business Intelligence
on real-time data? (OTBI)

A. Essbase cube Could also be E or B???

B. Smart View
C. Oracle transactional
business intelligence
(OTBI)
D. Oracle Business
intelligence applications
(OBIA)
E. Oracle financial
reporting (FR)
Which job role has full Application
access to Implementation
perform all Functional Consultant
Setup
Manager related
activities?

Which method can you B. Sequential

use to route payment
approval rules?

A. Approval groups
B. Sequential
C. Both parallel and
sequential
D. Parallel
E. Serial and FYI

Which three are subject 1. Reconciliation Payment Details

area 2. Reconciliation Prepayment Application Details
subfolders that report 3. Reconciliation Invoice Details
Payables
reconciliation differences
to
General Ledger?
(Choose three.)

1. Reconciliation Payment
Details
2. Reconciliation
Prepayment Application
Details
3. Reconciliation Invoice
Details
4. Reconciliation Invoice
Hold Details
5. Reconciliation Invoice
Request Details
Which three are 1. JPEG
supported image 2. TIFF
formats for the 3. PNG
Integrated
Imaging solution?
(Choose three.)

Which two statements C. A supplier can submit a

about single invoice against
the submission of multiple purchase orders,
invoices by provided the currency and
suppliers using Supplier organization for all the
Portal are true? (Choose invoice items are the same
two.) as those on the purchase
orders.
A. A supplier can make D. A supplier can submit
changes to the invoice invoices against open,
after submitting it. approved, standard, or
B. A supplier can submit a blanket purchase orders that
single invoice against are not fully billed.
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
blanker purchase orders
that are not fully billed
E. A supplier can validate
the invoice after
submitting it
 1. Conversion rate defaults
Which two statements apply only to cash
are expenses, not to corporate
true about processing card expenses
corporate card 2. Usage policy for expense
expenses? category tolerances does
(Choose two.) not apply to credit card
expenses

Which two statements 1. Validates project

are information
true about the Invoice 2. Creates tax lines and
Validation process? distributions
(Choose
two.)

Which two statements You can export and import selected business object
are services.
true related to
configuration You can export and import selected business units.
package? (Choose two.)

1. You must run the prepare

Intercompany Reconciliation
Which two statements
Reporting Information
are
process.
true when you are using
[Link] reports will show the
the
intercompany receivable
Intercompany
and the intercompany
Reconciliation
payable lines generated by
Reports? (Choose two.)
the intercompany balancing
feature.
While entering an Only cash transactions use those settings.
expense report for your
corporate card
transactions, you notice
that the conversion rate
defined in the
Manage Conversion
Rates and Policies
page is not used.
What is the reason?

You did not define

conversion rates for you
business unit.
You did not specify a
default expense template
Only cash transactions
use those settings
You did not define
conversion rates in the
General Ledger Cloud
While processing an D. The expense auditor can manually release the
expense report, the payment hold at his discretion
system placed a payment E. Based on the receipt status, the expenses
hold on the program can automatically release the payment
expense report. What are hold once it detects that receipts are received or
two waived
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 employee's
supervisor can manually
release the hold
D. The expense auditor
can manually release the
payment hold at his
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
You are using both B. For period end
Procurement and accruals, the
Financials. You want the invoice accounting
system to debits the expense
automatically accrue account and credits
uninvoiced the liability
receipts. Select two true account.
statements. C. For perpetual
(Choose two.) accruals, the
invoice accounting
A. For period end debits the accrual
accruals, accounting is account and credits
created at material the liability
receipt or at delivery to a account.
final destination.
B. For period end
accruals, the invoice
accounting debits the
expense account and
credits the liability
account
C. For perpetual
accruals, the invoice
accounting debits the
accrual account and
credits the liability
account
D. For period end
accruals, the invoice
accounting for inventory
items debits receipt
inventory and credits the
uninvoiced receipts
You are using the On Jan 10th, Debit
Payable's Deferred Prepaid Expense
Expense feature (also 12,000 and Credit
known as Liability for 12,000
Multiperiod Accounting). and thenOn Jan 31st,
You have Debit
entered an invoice for a Rental Expense for
three-month 4,000 and Credit
lease that is entered on Prepared Expense
Jan 10th. The for 4,000On Feb
total expense is $12,000 28th, Debit Rental
and it covers Expense for
the rental period from 4,000 and Credit
Jan 1st to Mar 31st. Prepared Expense
for 4,000On Mar
Assuming that the rental 31st, Debit Rental
expenses Expense for 4,000
are split evenly per and Credit
month and a Prepared Expense
monthly accounting for 4,000
calendar is used,
what would the
accounting entry be?
You are voiding a The invoice has been partially paid by another
payment and have payment.
selected Cancel as the
Invoice
Action. After performing
the void,
you notice the invoice is
not
cancelled but has an
Invoice Cancel
hold on it.
What is reason for this?

The invoice has been

partially paid by another
payment
The invoice date is not in
the current open period
The invoice is already on
hold
The invoice accounting
date is not in the current
open period
You entered an invoice of D. Void the payment, which
12,000 and paid it for debits cash and credits the
Office liability, and then cancel
Suppliers. The payment the invoice, which debits
was the liability and credits the
never received by the expense.
supplier, and you decide
to
return the entire order.
What
should you do?

A. Cancel the invoice,

which debits the liability
and credits the expense.
B. Issue a credit memo,
which will debit the
liability and credit the
expense.
C. Void the payment,
which debits cash and
credits the liability, and
then issue a credit memo,
which debits the liability
and credits the expense.
D. Void the payment,
which debits cash and
credits the liability, and
then cancel the invoice,
which debits the liability
and credits the expense.
You have a high volume Enter a value in the Invoice Group field to group
of similar invoices into a batch.
invoices to enter that
have
similar lines and do not
require
extensive validation.
What must you do if you
want
to group multiple
invoices in a
batch during spreadsheet
entry?
You have an invoice for C. Both the invoice and credit
$200 memo are included in the
USD and a credit memo payment process request
for for a payment amount of
$225 USD. In other $0 USD. The credit memo
words, the is partially paid with a
credit amount remaining credit of $25
exceeds the invoice USD.
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
You have an invoice for a You must provide a start date, an end date, and the
three-month lease and accrual account for the prepaid expenses in the
wish to invoice lines or distributions.
recognize the expense
monthly for the duration
of the
lease.
What must be entered on
the
invoice in order to do
this?

You have created an B. The workflow will fail once approval is initiated
approval rule as
follows: OR invoice will not be processed
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. The initiate option is

greyed out for the
invoice
B. The workflow will fail
once approval is initiated
C. Invoice will be sent to
User 1 for approval
D. Invoice will be auto-
approved.
You have modified your E. By using Tax
tax setup and Simulator to test
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 validation
and reviewing the tax
application
D. Oracle transactional
Business Intelligence
(OTBI)
E. By using Tax Simulator
to test
You have successfully B. Validate the invoice in Payables
processed the
expense reports for
reimbursement and
have transferred the
information
to Payables. What is the
next step before
you can pay them?

A. Transfer the data to

General Ledger
B. Validate the invoice in
Payables
C. Create a payment
process request in
payments
D. Create accounting for
the invoice in payables
You need to create a B. The invoice is not yet due.
payment for a C. The invoice is not validated
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 method

for the invoice is
electronic
B. The invoice is not yet
due
C. The invoice is not
validated
D. The payment supplier
site is different to the
supplier site on the
invoice
E. The invoice is not
accounted
You need to enter a last- B. Enter the invoice in the Create Invoice page,
minute choose the validate option, and then the account
invoice during the close and post to ledger option.
process. What
is the quickest way to
enter and post
the invoice to general
ledger?

A. Enter the invoice via a

spreadsheet. Then, from
the manage invoices
page, query the invoice,
validate it, create
accounting, and then
open general ledger's
manage journals page
and post the associated
invoice journal entry.
B. Enter the invoice in the
Create Invoice page,
choose the validate
option, and then the
account and post to
ledger option.
C. Enter and post a
manual journal entry
directly into the general
ledger.
D. Enter the invoice via a
spreadsheet and then
validate, account, and
post the invoice from the
spreadsheet
You need to have an C. Define a distribution set and assign it manually to
invoice line the invoice
automatically distributed D. Define a payment term and assign it to the
across invoice
multiple cost centers. For
example, Or is it B and C???
you want your monthly
utility bill
allocated across multiple
cost centers
based on a percentage.
Which two are valid
methods to achieve this?

A. Choose the "all lines"

option from the allocate
menu in the invoice 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

Your client company has Business Unit Security

two
business units and
requires the
Payables Specialist to
process
invoice transactions for
both
business units.
What setup is required to
achieve this?
Your client company Payment Method
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?
Your company policy C. Expenses do not create payment requests for
requires that receipts be expense reports that have missing or overdue
attached to receipts
expense report items D. An expense report may
before reimbursement require original, imaged,
can be made. or both types of receipts.
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 if the expense
item fails 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.
Your customer matches D. Manually override the payment terms that have
their invoices defaulted from the purchase order for those
to a purchase order and suppliers.
have noticed
that the payment terms Could it be C???
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
Your intercompany C. Supplier site primary pay flag and customer
transaction type account bill to primary flag should be enabled
is active and enabled for E. Run the processes transfer intercompany
invoicing. transactions to receivables and transfer
What are the two intercompany transactions to payables
prerequisites to
generate intercompany
receivables
and intercompany
payable
transactions after the
Generate
Intercompany
Allocations process is
run? (Choose
two.)

A. For the legal

jurisdiction, legal
function: "Generate
intercompany invoice"
should be assigned.
B. Schedule create
accounting for the
intercompany process
C. Supplier site primary
pay flag and customer
account bill to primary
flag should be enabled
D. Run the processes
create intercompany
transactions to
receivables and create
intercompany
transactions to payables
E. Run the processes
transfer intercompany
transactions to
receivables and transfer
intercompany
transactions to payables
F. Manual approvals
should be allowed for the
transaction type
You want to customize Insert the syntax <if:VENDOR_NAME='COMPANY A'?
the Payables > before the Supplier field on the template. Then,
Invoice Register template enter the <?end if?> tag after the invoices table.
to only
display invoices when the
Supplier
name is Company A.
Supplier name is
a group that repeats on
every page.
Which is the correct way
to customize
the template?
You want your expense D. Assign the expense auditors job role and
auditors to audit only business unit security context and value to the
expense reports for user.
specific business units.
How do you do this? Could this also be A???

A. Create a custom duty

role and assign the data
roles to each auditor
B. Create your own audit
extension rules that
correspond to the
business unit
C. Make auditors the
managers of the
corresponding business
unit to route expense
reports properly
D. Assign the expense
auditors job role and
business unit security
context and value to the
user

Which three of the Geographical Locations

following items will affect Fiscal and Company Reporting Requirements
your setup decisions Industry
when implementing
Oracle Fusion Cloud
Financials?

Geographical Locations
Fiscal and Company
Reporting Requirements
Social Media Sites
Industry
Hiring of Database
Administrators
What three family names Procurement
are used to group the Financials
products available as Supply Chain Management
part of Oracle Fusion
Cloud Applications?

Procurement
Customer Innovation
Financials
Logistics
Supply Chain
Management

Which three features are Links to new features

available from the Home Links to APIs & Schema
Page of the Oracle Help List of help topics by task
Center?

Links to support site

Links to the new features
Link to Customer
Connect
Links to APIs & Schema
List of help topics by task

What three products are Fixed Assets

part of Oracle Fusion Accounts Receivable
Cloud Financials? General Ledger

Fixed Assets
Accounts Receivable
General Ledger
Cost Management
Self service procurement
In set user preferences, Display name language
which three of the Current Session language
following options are Default language
related to setting up the
language?

Display name language

Current session language
Default Language
Language by Role

You want to designate Proxies

another user to sign in to
the application and
perform tasks on your
behalf. Which General
preference area would
you select?

Regional
Watchlist
Proxies
Expense Preferences
Accessibility

In what part of the user Global Area

interface would you find
the Favorites and Recent
Items icon?
Task Panel
Infolets page
Page Section
Global Area
Process Monitor Section
Where do you navigate Settings and Actions Menu
to set user preferences?

Task Panel
Tools
Settings and Actions
Menu
Configuration
Things to Finish

From which three Banner

Homepage layouts can Panel
administrators choose? NewsFeed

Banner
Panel
Navigation Bar
News Feed
Breadcrumb

In Oracle Fusion The work area currently being used

Financials Cloud, the Task
panel search is used to
search within ___________.

the work area currently

being used
the entire cloud
application
the Internet
the offering related to
that page
What three actions can Adjust the width of the columns
you perform when Reorder the columns
configuring table Hide or show any of the available columns
columns?

Adjust the width of the

columns
Reorder the columns
Rename the columns
Hide or show any of the
available columns
Delete columns

Which three of the Reports

following tabs may be Search
there in the panel? Task

Reports
Social Network
Search
Task
Setup and Maintenance

Which two statements It is used to streamline setup configuration to focus

are true about the Rapid on critical setup steps
Implementation Task List? It includes setup steps that are required by most
users
It is used to streamline
setup configuration to
focus on critical setup
steps.
It includes setup steps
that are required by most
users.
It includes all 900 Plus
setup tasks.
It includes all optional
setup tasks.
Is the following False
statement true or false:
Audit History is enabled
by default and requires
no configuration to use.

TRUE
FALSE

Setup data can be A configuration package

exported from one
instance and imported
into another. What is the
name of the object that is
used for importing the
data?

an export package
a setup data package
a configuration package
an import package

Which two activities can Assign due dates to tasks

you perform after Assign tasks to users
creating an
Implementation Project in
Functional Setup
Manager?

Request new features.

Define new functional
areas.
Assign due dates to tasks.
Assign tasks to users
Which predefined job Application Implementation Consultant
role has full access to
perform all Functional
Setup Manager related
activities?

Functional Setup
Manager
System Administrator
Super User
Application
Implementation Manager
Application
Implementation
Consultant
IT Manager

Which two options does Migrate setup data from offering and functional
the Functional Setup areas
Manager offer for setup Migrate setup data from implementation projects
data migration?

Migrate setup data using

the ETL tool.
Migrate setup data from
offering and functional
areas.
Migrate setup data
manually.
Migrate setup data from
implementation projects.
What are three ways of Using the Functional Area
accessing Using an Implementation Project
implementation tasks in Using the FSM search feature
Functional Setup
Manager?

using Getting Started

using the FSM Infolet
using the Functional Area
using a Implementation
Project
using the FSM search
feature

Which three of the Related Business Objects

following prepackaged Related Enterprise Applications
reports can be Associated Features
downloaded or reviewed
online from Related
Documents link?

Related Business Objects

Related Business
Functions
Associated Functional
Areas
Related Enterprise
Applications
Associated Features
What is the difference A job role represents the job you hire a worker to
between a job role and a perform, whereas a duty role represents a group of
duty role? tasks that belong to a job.

A job role and a duty role

are the same.
There are predefined job
roles, but you are
required to create duty
roles.
A job role represents the
job you hire a worker to
perform, whereas a duty
role represents a group
of tasks that belong to a
job.
A duty role represents
the job you hire a worker
to perform, whereas a
job role represents a
group of tasks that
belong to a job.

Which three tasks can be Lock or unlock user accounts

completed by using the Define password policies
Security Console? Create user-defined roles

Configure offerings.
Lock or unlock user
accounts.
Personalize the home
page for a user.
Define password policies.
Create user-defined
roles.
Which of the three Email
following fields can be [Link]
used in User name Person number
generation rules?

Email
Location
[Link]
[Link]
Person number

Which two of the Duty roles are not assigned directly to users
following statements Duty roles represent logical groups of tasks that are
about a duty role are performed in a job
true?

Duty roles are not

assigned directly to
users.
You cannot create
custom duty roles.
A duty role cannot inherit
aggregate privileges.
Duty roles represent
logical groups of tasks
that are performed in a
job.

Which role do you need IT Security Manager

to be provisioned with to
access the Security
Console?

IT Security Manager
Application
Implementation
Consultant
Security Console
Administrator
Billing Manager
What three job roles are Application Implementation Consultant
predefined to access Application Implementation Administrator
Functional Setup Application Implementation Manager
Manager?

Functional Setup
Manager
Application
Implementation
Consultant
Application
Implementation
Administrator
IT Manager
Application
Implementation Manager

Shelly wants to create Comparing Role

her own security role for Copying Role
a Financial Auditor. What Editing Role
three functions of the
Security Console could
be helpful in role
creation?

Comparing Role
Copying Role
Merging Roles
Editing Role
Purging and Archiving
Roles
Which three of the Country
following geography Zip Code/Postal Code
types are included in the State
Vision Geography
structure designed for
the United States?

Country
Zip Code/Postal Code
State
Town
Province

Which three of the Geography Structures

following actions does Geography hierarchies
the Manage Geographies Geography validations
task contain?

Geography structures
Geography hierarchies
Geography Distances
between locations
Geography topography
Geography validations
Your company is required Two (a primary ledger and a secondary ledger)
to report using US GAAP
Practice and International
Financial Reporting
Standards (IFRS). What is
the minimum number of
ledgers that you would
need to configure?

Two (a secondary ledger

and a reporting currency)
Two (a primary ledger
and a secondary ledger)
One (a primary ledger)
Three (a primary,
reporting currency, and
secondary ledger)

When defining the As a segment in the chart of accounts with a second

enterprise structure, balancing segment label
divisions are considered As a reporting hierarchy of cost centers
optional. If required, in
what two ways can they
be configured?

as a segment in the chart

of accounts with a
second balancing
segment label
as a segment in the chart
of accounts with a
Natural Account segment
label
as Sales Departments
as a reporting hierarchy
of cost centers
as location addresses
If you are to implement Cost Center Label
Fixed Assets and
Expenses, what chart of
account label is no
longer optional?

Local Label
Cost Center Label
Second Balancing
segment label
Third Balancing segment
label
User-defined label

Which of the three Calculate taxes

following objects need Sales territories
geographical Validate addresses
information?

Calculate taxes
Sales territories
Validate addresses
Applied receipts
Financial Reports

Which four Enterprise Business Units

structure objects have Primary Ledgers
been used to model the The Enterprise
Vision Company? Legal Entities

Operating Units
Business Units
Primary Ledgers
Headoffice
The Enterprise
Legal Entities
Removing an Application False
from the Springboard
also removes it from your
Navigator.

False
True

When using the Panel or Global Area

Banner layout as your
home page, in which part
of the user interface
would you find the
Favorites and Recent
Items icons?

Task Panel
Page Section
Infolets page
Global Area
Process Monitor Section

Which three are sections Things to Finish

of the News Feed Home News and Announcements
Page Layout? Analytics
(Choose three)

Notifications
Things to Finish
Employee News
News and
Announcements
Analytics
Infolets
Which of the following General Ledger
are Financials functional Revenue Management
areas? (Choose three) Payables

Subledger Accounting
Accounting Hub
General Ledger
Local Install of Help
Revenue Management
Payables
Business Unit A manages Business Unit A is an example of Self-Service,
its own Payables whereas Business Unit B is an example of Dedicated
Invoicing and Payments, and Self-Service.
whereas Business Unit B
manages Payables
Payments for itself and
Business Unit X. In this
scenario, identify the
correct statement with
respect to the Service
Provider Model for these
Business Units.

Business Unit B is an
example of Dedicated,
whereas Business Unit X
is an example of
Dedicated and Self-
Service.
Business Unit A is an
example of Self-Service,
whereas Business Unit B
is an example of
Dedicated and Self-
Service.
Business Unit A is an
example of Dedicated,
whereas Business Unit B
is an example of Self-
Service.
Which of the following Default language
options are related to Display name language
setting up language in Current session language
user preferences?
(Choose three)

Employee News
Default Language
Language by Role
Display name language
Current session language

When you are Sort Data

configuring table Adjust the width
columns which of the Reorder
following actions can you
perform on the columns
directly from the table?
(Choose three)

Sort Data
Adjust the width
Rename
Reorder
Hide or Show

What would you use to A Reference Data Set

enable the sharing of
setup data, for example,
Payables Payment Terms
across Business Units?

A Reference Data Set

A Ledger Set
A Data Access Set
A Legal Entity Set
What can you access The welcome springboard and infolets
using the Page Control
dots on the Welcome
Springboard?

The Welcome
Springboard and infolets
Links to tasks to access
pages
The Navigator
The Welcome
Springboard and infotiles
Identify the correct No additional steps are required to enable the
statements about the Welcome Springboard
Welcome Springboard It improves efficiency and productivity of your
page in Oracle Cloud workforce by using a simplified page that is
Applications. (Choose optimized for tablets and mobile devices
two)

No additional steps are

required to enable the
Welcome Springboard.
The Welcome
Springboard replaces the
Navigator, and allows
easy access to all work
areas, dashboards, and
applications.
Use the page control
dots that appear at the
top of the Welcome
Springboard page to
easily access relevant
work areas and
dashboards.
It improves efficiency and
productivity of your
workforce by using a
simplified page that is
optimized for tablets and
mobile devices.
A Chart of Accounts The default value set assignment for a segment
Instance is created when
you create your Chart of
Accounts Structure.
Which attributes of the
Chart of Accounts
Instance can be
changed?

Nothing. The Chart of

Accounts Instance
cannot be changed.
The number of segments
The default value set
assignment for a segment
The order of the
segments

The User Interface page Global Area

is divided into various Panel Tabs
components that include: Section
(Choose three)

Infolets
Global Area
Setup and maintenance
Panel Tabs
Section
Each month you have a Use a Distribution Set
number of invoices that
need to be coded to the
same General Ledger
account code
combination. These
invoices are not being
matched to a Purchase
Order. How could you
default the code
combination onto the
invoice?

Use a Distribution Set.

Use Autoaccounting.
Use an Invoice Line Set.
Use Autoapply.

You have confirmed the Void the payment that has issues
payments in a payment
file and realize that one
of the payments is
incorrect. What are your
options?

Undo the confirmation of

the payments, remove
the incorrect payment,
and resume the payment
process request.
Void the payment that
has issues.
Cancel the payment
process request.
Terminate the payment
process request.
What role is needed to Supplier Manager
be able to create a
supplier?

Supplier Administrator
IT Administrator
Supplier Manager
IT Security Manager

The Payables Manager You can schedule a Payment Process Request if you
has asked if it is possible are using a Payment Process Request Template
to schedule the Payment
Process Requests. What
is your response?

You can schedule a

Payment Process Request
if you enable the
scheduling option on the
bank account.
You can only schedule
Payment Process
Requests where the
payment method is
Electronic.
You can schedule a
Payment Process Request
if you are using a
Payment Process Request
Template.
It is not possible to
schedule a Payment
Process Request.
In Oracle Payables, which Debit Memo
of the following are Standard
Invoice types? (Choose Prepayment
three.)

Debit Memo
Refund
Standard
Prepayment
Expense Report

Suppliers are used in Payments

which of the following Procurement
functional areas? Payables
(Choose three.)

Payments
Procurement
Receivables
Payables
General Ledger

What is the correct A request from Oracle Expenses or oracle

definition of a Payment Receivables to disburse funds to a payee that is not
Request? a supplier

A request from Oracle

Expenses or Oracle
Receivables to disburse
funds to a payee that is
not a supplier
An advance payment to a
supplier
A payment to a tax
authority for Withholding
Tax
A request for payment of
interest on overdue
invoices for a supplier
Payment Terms can 3
consist of one or more
installments, and
installments can have
discounts. Up to how
many discounts can
installments have?

3
4
Unlimited
2

Which of the following Business Unit

are selection criteria for a Date Basis
payment process Pay Groups
request? (Choose four) Supplier Type

Business Unit
Date Basis
Document Number
Pay Groups
Invoice Type
Supplier Type

What does the red- Not Validated

colored slice in the Needs Revalidation
Recent infotile indicate
about the invoices?
(Choose two.)

Not Validated
Validated
Canceled
Needs Revalidation
Supplier sites are Procurement
assigned to which type of
Business Unit?

Requisitioning
Payables
Payment
Invoicing
Procurement

Invoices entered using Self Service Invoices

the Supplier Portal are
categorized as?

Electronic Invoices
Self Service Invoices
Manual
Automated Invoices

You are about to void a None

payment for an invoice
and would like the
invoice status to be
Unpaid after the void.
What option would you
choose from the Actions
menu?

Hold
None
Available
Cancel
Release Payment
Which of the following Suppliers are global entities
statements are true for Suppliers are part of the Trading Community Model
Suppliers? (Choose two.)

Suppliers are assigned to

a Legal Entity.
Suppliers are global
entities.
Suppliers are assigned to
a Business Unit.
Suppliers are part of the
Trading Community
Model.

Which of the following Manage Holds

actions can you perform Validate
using the Invoice Actions Cancel Invoice
button? (Choose three.)

Copy Invoice
Manage Holds
Reverse Payment
Validate
Cancel Invoice

What type of predefined Oracle Transactional Business Intelligence Reports

reports are available in Oracle Business Intelligence Publisher Reports
Payables? (Choose two.)

Smart View Reports

Oracle Transactional
Business Intelligence
Reports
Oracle Business
Intelligence Publisher
Reports
Financial Studio Reports
What is the prerequisite The Prepare Payables to General ledger
for running the Payables reconciliation program should be submitted first
to General Ledger
reconciliation report?

There is no prerequisite.
The report will fetch and
display appropriate data.
The Subledger to
General Ledger
reconciliation report
should be submitted first.
The Prepare Payables to
General Ledger
reconciliation program
should be submitted first.
The Payables period
must be open.

In Payables, online Draft

accounting can be run in Post to Ledger
which of the following
modes? (Choose two.)

Draft
Initial
Intermediate
Final
Post to Ledger
What does the Sweeps unaccounted transactions to the next
Unaccounted period
Transactions and Sweep Enables you to close the period
process do? (Choose
two.)

Sweeps transactions that

are unaccounted or have
accounting errors to the
next period
Sweeps unaccounted
transactions to the next
period
Sweeps unaccounted
transactions to the last
day of the next period
Enables you to close the
period

The "Payables to Ledger Facilitating the reconciliation of accounting and

Reconciliation Report" is transactional data recorded in Payables and
used for: (Choose two.) Subledger Accounting
Listing the journals posted to the General Ledger for
Facilitating the open Payables balances
reconciliation of
accounting and
transactional data
recorded in Payables and
Subledger Accounting
Listing all journals
entered in General
Ledger
Listing all invoices
entered in Payables in a
particular period
Listing the journals
posted to the General
Ledger for open
Payables balances
Which of the following Payables Posted Invoice Register
reports can be used for Payables Open Items Revaluation report
reconciling Payables Payables to General Ledger Reconciliation report
activity in a particular Payables Posted Payment Register
period? (Choose five.) Payables Trial Balance report

Payables Posted Invoice

Register
Supplier Outstanding
report
Payables Open Items
Revaluation report
Create Accounting
Process
Payables to General
Ledger Reconciliation
report
Payables Posted Payment
Register
Payables Trial Balance
report

Invoice validation Calculates withholding taxes

performs which of the Applies holds where applicable
following tasks? (Choose Calculates taxes
four.) Checks variance and tolerance limits

Calculates withholding
taxes
Applies holds where
applicable
Calculates taxes
Checks variance and
tolerance limits
Checks for advances
paid to the supplier
Sends the invoice for
approval
Which of the following Amount
options are available for Date
defining tolerance rules? Percentage
(Choose three)

Conversion Rate
Amount
Date
Percentage

Which two will Cash Bank Charges

Management transfer to Interest
General Ledger when
running the Create
Accounting process?

Payroll Payments
Receipts
Payments
Bank Charges
Interest

Which of the following is Bank Statement Analysis Report

an Oracle Transactional
Business Intelligence
report?

Bank Statement Report

Cash in Transit Report
Cash to General Ledger
Reconciliation Report
Bank Statement Analysis
Report
Which tab in the bank Control
account page do you use
to assign an automatic
reconciliation rule set?

Control
Reconciliation
Matching
General

Which match type do you One to Many

need to choose to create
a matching rule to match
a bank statement line to
many system
transactions?

Many to One
Many to Many
One to Many
Detail to Summary

When you submit an BPM Worklist Application

expense report, it is
routed to approvers who
are notified and required
to approve the expense
report. Which application
is used to configure
expense approval rules?

BPM Worklist Application

EPM Worklist Application
PPR Worklist Application
BPA Worklist Application
What are the Implement with Financials
implementation options Implement as a stand-alone application
for Expenses? (Choose Implement with Human Capital Management
three)

Implement with
Financials.
Implement as a stand-
alone application.
Implement with Taleo.
Implement with
Procurement and
Sourcing.
Implement with Human
Capital Management.

What expense item Itemizations

information can an Reimbursable amounts
auditor adjust in a Expense Types
specific report if data is Accounting entries
not compliant with
company policy?
(Choose 4)

Itemizations
Validate payment
requests
Delegations
Reimbursable amounts
Expense Types
Accounting entries
Which of the following Allowing attachments to expenses
are enabled for expenses Displaying descriptive flexfields for an expense
using the Expenses report
System Options page? Marking expenses as recurring in the Create
(Choose three) Expenses page

allowing attachments to
expenses
setting the default
expense account for a
business unit
displaying descriptive
flexfields for an expense
report
marking expenses as
recurring in the Create
Expenses page
enabling the use of
policies for expenses

A delegate is someone In the Expense Rports Infoltile - Requires Action

who submits expense
reports on your behalf.
Where would you see the
reports that have been
submitted and require
your review?

in the Expense Reports

Infotile - Requires Action
in the Expense Reports
Infotile - In Progress
in the Expense Reports
Infotile - Delegate
Expenses
in the Expense Reports
Infotile - In Approval
When setting up Expense item
Expenses, a default
expense account is
assigned to the
employee record. Where
else can you assign a
natural account for
expenses?

Expenses System
Options
Expense Item
Expense Policy
Expense Report Template

Which three are expense Accommodations

policy categories? Car Rental
Mileage
Travel
Accommodations
Car Rental
Incidental Expenses
Mileage
RAM Ltd. wants to Role, Location, Vehicle Type, and Distance
implement a mileage rate
policy based on the
grade, job location,
vehicle type, and
distance an employee
can travel in a year. What
are the rate determinant
setups that need to be
performed in order to
enable this mileage
policy?

Vehicle Category, Fuel

Type, Vehicle Type,
Location, and Role
Role, Distance,
Geographic Location,
Vehicle Category, and
Vehicle Type
Role, Location, Vehicle
Type, and Distance
Role, Fuel Type, Location,
Distance, and Vehicle
Category
XYZ Ltd, a global Individual Pay
company, is issuing
corporate credit cards to
its employees. As per
company policy, after
making a transaction
using the card, an
employee needs to pay
all the expenses related
to corporate transactions
and later get them
reimbursed from the
company. Which option
do you think the
company should
implement?

Individual Pay
Company Pay
None of these
Both Pay
All of these

A company, XYZ Ltd, has Expense Type level

a policy where
employees are not
required to submit a
receipt for meals less
than $25. At what level
should this policy be
implemented to fulfill this
requirement?

Expense Template Level

System Option Level
Expense Type Level
Business Unit Level
XYZ Ltd. has three legal One template per business unit
entities with three
business units which
share the same chart of
accounts and expense
types. How many
Expense Templates will
you create?

one template per

business unit
one template for all
business units
one template per legal
entity
one template for all legal
entities

When navigating to Product Tour Page

expenses, which page
are you directed to if you
do not have any expense
reports or expense items
entered?

Product Tour Page

Travel and Expenses
Work area
Expenses Infotiles
Welcome Springboard
What choices are Weekly
available for setting an Biweekly
expense as recurring? Monthly
(Choose three)

Weekly
Biweekly
Monthly
Yearly
Quarterly

Cards are organized by Cards that require action

their status in the
expenses work area.
Which cards will be
displayed next, after the
create expense report
card?

Cards that are paid

Cards in approval
Cards that require action
Cards that are in
progress

Where would you limit Expense Audit List Rule

the number of expense
reports an employee can
submit in a month?

Expenses System
Options
Business Unit
Expense Report Template
Expense Audit List Rule
Which of the following The tax classification code determines the tax
statements are true for a amount and how the tax is calculated.
Tax Classification code. The tax classification code is associated with an
(Choose two) expense type or expense item.

The tax classification

code is associated with
the employee record.
The tax classification
code determines the tax
amount and how the tax
is calculated.
The tax classification
code is associated with
an expense type or
expense item.
The tax classification
code is setup in Payables
for expenses.

Where is the third party UCM - Universal Content Management

expense report data
exported to?

POI - Payables Open

Interface
BPM - Business Process
Management
UCM - Universal Content
Management
EPM - Expense Process
Management
PRM - Payment Request
Management
When the payment data Paid
from the third-party is
uploaded into Expenses
and the Update Expense
Report Status process is
run, what is the updated
status of the expense
reports?

Ready for Payment

Processing
Paid by Third-Party
Paid
Exported for Payment
Processing
Exported

What is created for A Payment Request

employee expenses in
Payables once the
Process Expense
Reimbursements and
Cash Advances program
has successfully
completed?

a Prepayment
a Payment Request
an Invoice
an Expense Report
ABC Ltd. supplies B. Supplier and supplier site must be registered in
workers to XYZ Ltd. The the system.
workers are marked as C. Associate the contingent worker with the
contingent workers in supplier.
XYZ Ltd. What are the key D. In the Human Capital Management application,
setups required in order user setup with Contingent worker type is required.
to process payment to a
contingent worker once
they incur expenses?
(Choose three)

A. The contingent worker

must be assigned the All
Users Role.
B. Supplier and supplier
site must be registered in
the system.
C. Associate the
contingent worker with
the supplier.
D. In the Human Capital
Management application,
user setup with
Contingent worker type
is required.
E. Default Payment
method must be
assigned at the
Contingent worker level.
At what stage are When they are approved and audited
expense reports eligible
to export for
reimbursement by a
third-party?

when they are approved

and audited
when they are audited
when they are submitted
and audited
when they are submitted
and approved
when they are approved
when they are awaiting
approval

Which of the following Paid

are valid statuses for an Partially Paid
expense report after Ready for Payment Processing
processing? (Choose
three)

Cash Advance
Invoiced
Paid
Partially Paid
Ready for Payment
Processing
When an expense report Process Expense Reimbursements and Cash
is initially rejected with a Advances
reason for the rejection
and then subsequently
fixed, how do you
process the rejected
expense for payment?

Process Rejections for

Payment
Process Expense
Reimbursements for
Payment
Process Revalidation for
Rejections
Process Expense
Reimbursements and
Cash Advances

In Expenses, where are Auditing Page

expense report payment
requests and invoices
displayed?

Payments page
Auditing page
Invoicing page
Expense Processing
page
What is created in An Invoice
Payables for the
contingent worker
expenses once the
Process Expense
Reimbursements and
Cash Advances program
has successfully
completed?

a Payment Request
an Expense Report
a Prepayment
an Invoice

XYZ Ltd. makes payments Process Expense Reimbursements and Cash

through a third-party Advances
application and are not
using Corporate Cards.
Which process should be
run to export the
required data from
Expenses and transfer it
to the third-party
application?

Create Incentive Payment

Batch
Create Card Issuer
Invoices
Process Expense
Reimbursements and
Cash Advances
Create Corporate Card
Issuer Payment Requests
Process Trip Expense
Report
In Expenses, who Travel Administrator
monitors imported
itineraries and resolves
itinerary data errors?

Travel Agent
Travel Partner
Travel Manager
Travel Administrator

If a mobile expense line B. Description when a description is required by the

item is not displayed in applicable Business Unit
the Submit Expenses C. Justification
screen, what information E. Project and Task information for a project user
may be missing to make when project information is required
them ineligible? (Choose
three)

A. The expense type

requires itemization
B. Description when a
description is required by
the applicable Business
Unit
C. Justification
D. Tax fields are required
for the expense item.
E. Project and Task
information for a project
user when project
information is required
ABC wants to integrate Schedule the Import Travel Itinerary Process
the travel portal of a third Assign Travel Administrator
party into its system.
Which of these are
mandatory setups?
(Choose two)

Schedule the Import

Travel Itinerary Process.
Define itinerary validation
rules.
Assign Travel
Administrator.
Enable automatic
creation of trip-based
expense reports.

Which methods can be Voice Recordings

used to create expenses Receipt Images
on a mobile device? Calendar Entries
(Choose three)

Geographic Location
Voice Recordings
Receipt Images
Calendar Entries
ABC Ltd. is planning to No additional setups are required
enable expense report
submission through
mobile devices. What are
the additional setup
activities that need to be
performed to enable
this?

Enable the Mobile

Option at the System
Option level.
No additional setups are
required.
None of these
Log a service request
with support to enable
Integration Tier.

ABC Ltd. has enabled the Country

booking site-specific Employment
URLs option. What site
assignments need to be
set? (Choose two)

Business Unit
Country
Employment
Travel Policy
Cost Center
In Expenses, if you User Initiated
enable automatic Automatically After Trip
creation of expense Expense Report Initiated
reports from business
trips, what options will
you have? (Choose three)

User Initiated
Automatically After Trip
Expense Report Initiated
Expense Processing
Automatic Travel Expense

The expense report you Pending manager Approval

submitted through your
mobile device has
passed all validations.
What will the status of the
expense report be?

Pending Manager
Approval
Approved
Validated
Saved
Automatically Approved
A manager wants to Report and Analytics
create ad hoc reporting
on expenses incurred by
the company. In order to
achieve this, he requires
data from the Employee
Expense Overview Ren
nmal Time and Expense
Transactions Real Time
subject areas. From which
work area will he be able
to find these subject
areas?

Financial Reporting
Center
All of these
Report and Analytics
Smartview

A manager wants to Employee Expense Overview Real Time

review expenses
quarterly by Business
Unit and Expense
category and compare
this with previous
quarters. Which subject
area should be selected?

Employee Expense
Overview Real Time
Expense Line
Transactions Real Time
Employee Expense
Report Real Time
Expense Distribution
Transactions Real Time
Which subject area Expense Transactions Real Time
should be selected to
configure detailed
reporting at expense
report, line, and
distribution level?

Expense Transactions
Real Time
Employee Expense
Overview Real Time
Expense Line
Transactions Real Time
Employee Expense
Report Real Time
Expense Distribution
Transactions Real Time

An expense manager Expenses Summary Transaction Analysis Duty

wants to create ad hoc Expense Transactions Transaction Analysis Duty
reports for Expenses. BI Author Role
Which roles should be
assigned? (Choose three)

OTBI Author Role

BI Analysis Duty
Expenses Summary
Transaction Analysis Duty
Expense Transactions
Transaction Analysis Duty
BI Author Role
OTBI Analysis Duty
Which two setups are A. First enter Payable transaction to calculate tax
required to ensure the and then for Receivable Transaction.
same tax is applied on B. Ensure that both the receiver and provider
both intercompany business units and legal entities are subscribed to
payable and receivable the applicable tax regime on the transaction date.
invoice?
Could be B and C???
A. First enter Payable
transaction to calculate
tax and then for
Receivable Transaction.
B. Ensure that both the
receiver and provider
business units and legal
entities are subscribed to
the applicable tax regime
on the transaction date.
C. You should check if
any specific rules defined
should cover both
Sales_transaction and
purchase_transaction
business category.
D. Tax for inter-company
is to be loaded using
Create Taxable
Transactions in
Spreadsheet.
E. Payable options are
receivable system
options should have
same tax application
options.
What is the invoice type D. Standard invoice request
of an unapproved,
unmatched invoice that
was created in Fusion
Supplier Portal?

A. Supplier Invoice
B. Credit Memo
C. Standard Invoice
D. Standard invoice
request
E. Supplier payment
request

What are the output D. Electronic output format of XML, Check output
formats supported for format of rtf
Electronic and Check
format programs?

A. Electronic output
format of DATA (csv),
Check output format of
Zipped PDFs
B. Electronic output
format of etext, Check
output format of rtf
C. Electronic output
format of PDF, Check
output format of PDF
D. Electronic output
format of XML, Check
output format of rtf
E. Electronic output
format of Text, Check
output format of Text
When reviewing C. Allow the remit-to supplier override for third-
installments, what setup party payments at Manage Invoice options.
is required to override
the supplier site on an
invoice?

A. Allow payee to
override for third-party
payments while Manage
Invoice options.
B. Allow the remit-to
supplier override for
third-party payments at
Manage Payment
options.
C. Allow the remit-to
supplier override for
third-party payments at
Manage Invoice options.
D. Allow the remit-to
supplier address override
for third-party payments
at Manage Invoice
options.
An invoice for $1,000 A. Only the invoice is paid fully but the credit memo
USD and a credit memo is partially paid with a credit of ($100) USD
for ($1,100) USD are due remaining.
for payment. What are C. Both the invoice and the credit memo are
the two outcomes if you included in the Payment Process Request.
choose the "Apply
Credits Up to Zero
Amount" option when
submitting a Payment
Process Request?

A. Only the invoice is

paid fully but the credit
memo is partially paid
with a credit of ($100)
USD remaining.
B. Neither the invoice nor
the credit memo is
included in the Payment
Process Request.
C. Both the invoice and
the credit memo are
included in the Payment
Process Request.
D. Both the invoice and
the credit memo are fully
paid.
What is the difference B. The "Real Time" subject areas are based on real-
between subject areas time transactions in the applications, and those that
that append the word are not, are based on data stored in the Oracle
"Real Time" and those that Business Intelligence Applications data warehouse.
do not?

A. There is no difference.
B. The "Real Time" subject
areas are based on real-
time transactions in the
applications, and those
that are not, are based
on data stored in the
Oracle Business
Intelligence Applications
data warehouse.
C. The "Real Time" subject
areas are based on real-
time transactions and
those that are not, are
based on historical data.
D. The "Real Time" subject
areas are based on
subledger transactions
and the ones that are not
are based on general
ledger balances.
Which two statements B. You must run the Extract Intercompany
are true when you are Reconciliation Data job.
using the Intercompany C. The reconciliation period summary report will
Reconciliation Process? show the intercompany receivable and the
intercompany payable lines generated by the
A. Transaction Summary intercompany balancing feature.
Report will show only
transactions with status This is also true: You must run the prepare
received. intercompany reconciliation reporting information
B. You must run the process
Extract Intercompany
Reconciliation Data job.
C. The reconciliation
period summary report
will show the
intercompany receivable
and the intercompany
payable lines generated
by the intercompany
balancing feature.
D. Ledger balancing lines
are generated when the
primary balancing
segment value is in
balance but either the
second balancing
segment or the third
balancing segment is out
of balance.
E. The reconciliation
period summary report
will not show the
intercompany receivables
and intercompany
payables lines generated
for the provider and
receiver of each
intercompany
transaction.
A company makes the E. Manage Payable Options and Manage common
payment in a currency options for Payables and Procurement
different from the invoice
and ledger currency.
What setup options are
required to make the
cross currency rate type
the default?

A. Manage Invoice
Options and Manage
Procurement agents
B. Manage common
options for Payables and
Procurement and
Manage Procurement
agents
C. Manage Payable
Options and Manage
Invoice Options
D. Manage Invoice
Options and Manage
common options for
Payables and
Procurement
E. Manage Payable
Options and Manage
common options for
Payables and
Procurement
Which invoice types can D. Standard, Credit Memo and Debit Memo
be included in the Create
Payment flow?

A. Standard, Credit
Memo, and Invoice
Request
B. Standard, Credit Memo
and Customer Refund
C. Standard, Debit Memo
and Customer Refund
D. Standard, Credit
Memo and Debit Memo

You need to submit a D. Edit the 1099 template to reflect the changes, and
1099 report; your State then run and submit the 1099 report.
format has changed
slightly since last year.
How should you submit
your 1099s for the State in
the current year?

A. Generate a 1096 form

and submit it instead.
B. Run and submit your
1099s because it will
automatically reflect any
changes.
C. Manually enter the
1099s for the State and
submit.
D. Edit the 1099 template
to reflect the changes,
and then run and submit
the 1099 report.
You have two business D. Assign the Expense Auditor job role to each
units: Vision Operations auditor and associate the business unit to the role
and Vision Services. How by using the Manage Data Access for Users page.
can you enable expense
auditors to audit expense
reports for specific
business units?

A. Assign the Expense

Auditor job role to each
auditor and use a data
access set to associate
the business unit to the
role.
B. Assign the Expense
Auditor as the owner of
each business unit on the
Manage Business Unit Set
Assignments page.
C. Assign the Expense
Auditor job role to each
auditor and use segment
value security rules to
secure access to the
business units.
D. Assign the Expense
Auditor job role to each
auditor and associate the
business unit to the role
by using the Manage
Data Access for Users
page.
Which statement is A. The payment term of the invoice overrides the
correct if the payment purchase order payment term.
terms entered in the
invoice differ from the
payment terms on the
purchase order?

A. The payment term of

the invoice overrides the
purchase order payment
term.
B. The payment term of
the purchase order
overrides the invoice
payment term.
C. The user needs to
specify which payment
term to use.
D. The purchase order
payment term cannot be
overridden.
E. The user needs to
manually change the
payment term on the
invoice to match the
purchase order payment
term.
You created a payment F. Negotiable
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?

A. Available
B. Canceled
C. Cleared
D. Voided
E. Stop initiated
F. Negotiable
An invoice for $200 USD C. The payment process request applies $200 USD
and a credit memo for of the credit memo to the invoice, leaving a
$225 USD are due for remaining credit of $25 USD, and creates a payment
payment and the "Apply for $0 USD.
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 doesn't select
the invoice or credit
memo for payment
because the credit
reduces the payment to -
$25 USD, which is below
zero.
C. The payment process
request applies $200
USD of the credit memo
to the invoice, leaving a
remaining credit of $25
USD, and creates a
payment for $0 USD.
D. The payment process
request creates a refund
for $225 USD and leaves
the invoice unpaid.
You have an invoice for a A. You must provide a start date, an end date, and
three month lease and the accrual account for the prepaid expenses in the
wish to recognize the invoice lines or distributions.
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, an end date,
and the accrual account
for the prepaid expenses
in the invoice lines or
distributions.
B. You must provide a
start date and an end
date 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.
When creating a check A. Bank Account
payment, from where is
the payment document
defaulted?

A. Bank Account
B. Business Unit
C. Supplier
D. Bank
E. Legal Entity

You have invoices with D. Payables' Automatic Offset

distributions across
primary balancing
segments that represent
different companies.
What feature should you
use if you want the
system to automatically
balance your invoice's
liability amount across
the same balancing
segments on the invoice
distributions?

A. Suspense Accounts
B. Subledger
Accounting's Account
Rules
C. Intercompany
Balancing
D. Payables' Automatic
Offset
E. Payables' Allow
Reconciliation
Accounting
How will system evaluate A. System will calculate warning tolerance as Policy
the tolerances for Rate * (1+ Warning Tolerance/100).
expense reports?

A. System will calculate

warning tolerance as
Policy Rate * (1+ Warning
Tolerance/100).
B. System will calculate
error tolerance as Policy
Rate * (1 + Warning
Tolerance + Error
Tolerance/100).
C. System will calculate
error tolerance as
(|Policy Rate * (1+Error
Tolerance/100|) currency
precision.
D. System will use
absolute amount
tolerance setup to do
validations.
E. System will calculate
warning tolerance as
Policy Rate (1 + Warning
Tolerance/100) currency
precision.
After you submitted a D. A payment that has already cleared the bank.
Payment Process E. A payment that pays a prepayment that has been
Request, you noticed applied to an invoice.
errors. You want to void
the payments.
Identify two statements
that indicate when it is
not possible to void a
payment.

A. A payment with the

status of Issued.
B. A payment that has
been accounted and
posted to General
Ledger.
C. A payment for an
invoice with an
associated Withholding
Tax invoice.
D. A payment that has
already cleared the bank.
E. A payment that pays a
prepayment that has
been applied to an
invoice.
Your company wants to A. Intercompany invoices will be generated for the
generate intercompany minimum accountable amount set at the payable
transactions in USD but invoice options and receivable system options.
only if the amount E. Set the intercompany system option minimum
involved is $3,000 USD or transaction amount of $3,000 USD.
more. Which two
intercompany system
options are valid?

A. Intercompany invoices
will be generated for the
minimum accountable
amount set at the
payable invoice options
and receivable system
options.
B. You cannot update the
minimum transaction
currency when
intercompany currency is
entered.
C. Approval rules need to
set the allow of the
intercompany
transactions to be routed
to the receiver or
provider.
D. Set the intercompany
system option minimum
transaction amount to
$2,999.99 USD.
E. Set the intercompany
system option minimum
transaction amount of
$3,000 USD.
Which two statements C. Conversion rate defaults apply only to cash
are true about expenses, not to corporate card expenses.
processing corporate D. Usage policy for expense category tolerances
card expenses? does not apply to credit card expenses.

A. Card transactions will

be paid directly from
Expenses Cloud.
B. Conversion rate
defaults are applicable to
corporate card expenses,
just as they are
applicable to cash
expenses.
C. Conversion rate
defaults apply only to
cash expenses, not to
corporate card expenses.
D. Usage policy for
expense category
tolerances does not
apply to credit card
expenses.
E. You can process
payment for credit card
using Electronic funds
transfer, check, or wire.

You have just imported A. Not Validated

invoices from a
spreadsheet. What is the
validation status of the
imported invoices?

A. Not Validated
B. Needs Revalidation
C. Validated
D. Imported
E. Not Required
An installment for $1,000 E. The installment is selected and a discount of $150
USD is due for payment USD is applied because the Always Take Discount
on January 10, 2016. The option was enabled.
installment has two
discounts: the first
discount date is
December 5, 2015 for
$150 USD and the
second discount date is
December 20, 2015 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, 2015
- Pay Through Date =
December 25, 2015
- 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 but no discount
is applied because the
payment date is after the
discount dates.
D. The installment is not
selected because the
first discount date is
before the Pay Through
Date.
E. The installment is
selected and a discount
of $150 USD is applied
because the Always Take
Discount option was
enabled.
Which reports can show B. Payables to Ledger Reconciliation report
you differences between
your subledger balances
and general ledger
balances to help you
reconcile quickly?

A. General Ledger
Financial Statements and
the Accounts Payable
and Invoice Registers
B. Payables to Ledger
Reconciliation report
C. Payables Aging
reports with the General
Ledger Trial Balance
report
D. Payables Trial Balance
and General Ledger Trial
Balance reports
Which three attributes C. Invoice Date
are captured during the D. Invoice Number
scanning of invoice E. PO Number
images?

A. Payment Method
B. Terms Date
C. Invoice Date
D. Invoice Number
E. PO Number

Which statement is true B. LE on the bank account should be equal to LE on

about selecting a bank the invoice.
account on the Create
Payment page? Could also be D???

A. LE on the bank
account should be
different from the LE on
the invoice.
B. LE on the bank
account should be equal
to LE on the invoice.
C. There is not
relationship between the
business unit, bank, and
LE. Users can pick any
bank account that is
setup in their system.
D. Users can pick any
bank account as long as
the bank account is tied
to the business unit.
E. Bank account must
match the supplier's bank
account.
Which three types of A. Supplier Payments
payments can you make D. Customer refunds
if you have access to E. Reimbursement of employee expense reports
Disbursement Process
Management Duty?

A. Supplier payments
B. Ad hoc payments
C. Employee advances
D. Customer refunds
E. Reimbursement of
employee expense
reports
You have a high volume D. Enter a value in the Invoice Group field to group
of invoices to enter that similar invoices into a batch.
have similar lines and do
not require extensive Could be B???
validation.
What must you do if you
want to group multiple
invoices in a batch during
spreadsheet entry?

A. Make sure the Invoice

Number is the same.
B. Assign the same
Invoice Header Identifier
to multiple invoices you
want to group.
C. Make sure all the
invoice dates are the
same.
D. Enter a value in the
Invoice Group field to
group similar invoices
into a batch.
E. Enable the invoice
option Require Invoice
Grouping, and the system
automatically groups
invoices entered in the
same spreadsheet.
Your customer has A. Create your template in English language, then
implemented English as upload it to Business Intelligence (BI) under the
base language and custom/payment folder, under the templates region.
French as a local Use English locale and generate the XLIFF file.
language. The customer's Then upload the file back under the translated
bank needs the payment region.
file to be sent to them in
French. What is the
relevant step to do this
for preparing the
payment template?

A. Create your template

in English language, then
upload it to Business
Intelligence (BI) under
the custom/payment
folder, under the
templates region. Use
English locale and
generate the XLIFF file.
Then upload the file back
under the translated
region.
B. Create your template
in the local language,
then upload it to Business
Intelligence (BI) under
the custom/payment
folder, under the
templates region. Use
English locale and
generate the XLIFF file.
Then upload the file back
under the translated
region.
C. Create your template
in English language, then
upload it to Business
Intelligence (BI) under
the custom/payment
folder under the
templates region with
country locale.
D. Create your template
in local language, then
upload it to Business
Intelligence (BI) under
the custom/payment
folder under the
templates region with
country locale.
The Accounts Payable A. All related interest invoices are reversed if
Manager voided a previously created.
foreign currency B. Any realized gain or loss previously calculated is
payment due to reversed.
insufficient funds. Which D. Any previous accounting and payment records
three statements are for an invoice are reversed.
correct?

A. All related interest

invoices are reversed if
previously created.
B. Any realized gain or
loss previously
calculated is reversed.
C. All related withholding
tax invoices are
automatically voided.
D. Any previous
accounting and payment
records for an invoice are
reversed.
E. Voiding the payment
automatically places an
invoice on hold.
You are resolving D. Correct the setup errors for remittance bank
payment validation errors accounts, third party payees, payment methods, or
during the payment build payment formats and submit resume payment
process. Which two process.
actions can you perform E. Terminate the payment process request.
to resolve these errors?

A. Run the create

accounting program.
B. Run the invoice
validation program.
C. Remove the
documents or payments
causing the error and
resume the payment
process.
D. Correct the setup
errors for remittance
bank accounts, third
party payees, payment
methods, or payment
formats and submit
resume payment process.
E. Terminate the payment
process request.
If you accidentally paid B. yes, by voiding the payment created
an invoice using Create
Payment flow, can you
undo the operation?

A. yes, by creating a
credit memo to offset the
payment
B. yes, by voiding the
payment created
C. yes, by canceling the
payment process from
the process monitor
D. Cancel the invoice and
create a new one.
E. no

What job roles are A. Application Implementation Manager

required to access C. Application Implementation Consultant
information within
Functional Setup
Manager? (Choose 2)

A. Application
Implementation Manager
B. Functional Setup
Manager Superuser
C. Application
Implementation
Consultant
D. Any Functional User
E. IT Security Manager
Which two statements A. You can export and import selected business
are true related to object services.
configuration package? B. You can export and import selected business
units.
A. You can export and
import selected business
object services.
B. You can export and
import selected business
units.
C. You can export and
import the custom roles
from Oracle Identity
Manager.
D. You can export and
import the allocation
rules from the allocation
manager.
E. You can export and
import the approval rules
from the approval
management engine.

Where would you find In the Analytics Section

the infolets if you are
using the News Feed
Layout as a home page?

Things to Finish
in the Page Control Dots
section
in the Analytics Section
in the Apps Section
Task Panel
You need to route A. SingleTypeParticipantInParallelModeRuleSet
invoices to three different
approvers at the same is this right???
time, and only one
approver needs to
approve the invoice.
Which approval ruleset
should you use?

A.
SingleTypeParticipantInP
arallelModeRuleSet
B.
FyiTypeParticipantInParal
lelModeRuleSet
C.
InvoiceApprovalRuleSet
D.
ParallelTypeParticipantIn
ParallelModeRuleSet
XYZ Supplier has third A. The option "Allow remit-to supplier override for
party relationships third-party payments" is not check in the Invoice
defined with ABC Options page for the business unit.
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.
Your client company has Business Unit Security
two business units and
requires the Payables
Specialist to process
invoice transactions for
both business units. What
setup is required to
achieve this?

Self-Service Service
Provider Model
A Dedicated Service
Provider Model
Business unit Security
A Dedicated and Self-
Service Service Provider
Model

You have an invoice with February 15th

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

March 15th
January 15th
April 15th
February 15th
Which three are valid A. Bills payable requiring maturity
reasons why you cannot B. Unaccounted invoices and payments
close your payables E. Incomplete payment files
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

Which three reports are Process Results Report

generated by the export Process Results Summary Report
setup data process? Setup Data Report
(Choose three)

Exported Business
Object Report
Process Results Report
Process Results Summary
Report
Process Results Detail
Listing Report
Setup Data Report
Which three are invoice B2B XML invoices
types that can be Invoices that are created from the Evaluated Receipt
entered using the Settlements (ERS) process
Supplier Portal? Purchase order matched invoices

Invoices that are

automatically created
when the supplier creates
an ASN for drop
shipments
B2B XML invoices
Non purchase order
matched invoices
Invoices that are created
from the Evaluated
Receipt Settlements
(ERS) process
Purchase order matched
invoices

You need to create a A. Weekly

recurring expense for B. Monthly
one of your regular D. Biweekly
expenses. Which three
are frequencies that you
can choose for these
types of expenses?

A. Weekly
B. Monthly
C. Bimonthly
D. Biweekly
E. Annually
What is the One to One rules should be sequenced above rules
recommendation when of other types.
setting up Reconciliation
Rule Sets?

One to One rules should

be sequenced below
rules of other types.
Many to Many rules
should always be used
last in the sequence.
One to One rules should
be sequenced above
rules of other types.
Many to many rules
should always be used
first in the sequence.

Your client company Payment Method

wants to ensure that the
payments they are
sending to their financial
institution are valid and
formatted correctly. They
would like to identify any
validation failures as
early in the process as
possible. Where would
you suggest the
validations are set?

Supplier Site
Payment Method
Payment Format
Payment Terms
Disbursement Bank
Account
Which three are invoice A. Business Unit Name
header attributes that can B. Pay Group Lookup Code
be used during invoice E. Accounting Date
approval rule creation?

A. Business Unit Name

B. Pay Group Lookup
Code
C. Statistical Amount
D. Requester Name
E. Accounting Date

Which reporting tool is Oracle Transactional Business Intelligence (OTBI)

used to report on real-
time data? Could also be B???

A. Essbase Cube
B. Smart View
C. Oracle Business
Intelligence Publisher
D. Oracle Financial
Reporting Studio
E. Oracle Transactional
Business Intelligence
(OTBI)

A Bill Payable document Issued

was paid but has not yet
matured. What is the
status of the payment?

In transit
Cleared
Negotiable
Issued
You purchased a Choose to match to receipt charges
computer from Company
A for 2000 USD.
Company B ships you the
computer with freight
charges of 100 USD. You
would like the cost of the
computer to include
those freight charges.
How can you achieve
this?

Choose match to receipt

Enter the Invoice
manually and add the
freight line
Choose to match to
receipt charges
Choose to match to
invoice lines
Choose to match in full
to the purchase order

Which two statements B. Validates project information

are true about the D. Creates tax lines and distributions
invoice validation
process?

A. Opens the relevant

accounting period
B. Validates project
information
C. Updates supplier
balances
D. Creates tax lines and
distributions
E. Creates accounting
entries in draft
You want to route C.
invoices to three different InvoiceApproversParallelParticipantInParallelMode
approvers at the same
time and only one
approver needs to
approve the invoice.
Which approval ruleset
should you use?

A.
InvoiceApproversSingleP
articipantInParallelMode
B. InvoiceApprovers
C.
InvoiceApproversParallel
ParticipantInParallelMod
e
D.
InvoiceApproversFYIParti
cipantInParallelMode

Which two are classified B. Evaluated Receipt settlement (ERS) invoices

as Self-Billed invoices? F. Invoices entered through the supplier portal

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
You have enabled C. Create payment files
payment approval for
you 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

What does the place of D. Location assigned to the business unit for the
supply rule value "Bill to transactions
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
Your client wants to A. Mapping Set
retrieve values for the
account code based on OR B
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

Which two tools can you A. Report Developer

use to build layouts for BI D. Layout Editor
Publisher reports?

A. Report Developer
B. BI Composer
C. Template Builder for
Word
D. Layout Editor
E. BI Answers
When working with D. Assignment to multiple sets; no common values
reference data sets in allowed
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
allowed

In the Business D. xlf (XLIFF)

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)
B. .pdf (Acrobat reader)
C. xls (Excel)
D. xlf (XLIFF)
In which two ways does B. Customers ask their suppliers to scan and email
the invoice imaging the invoice
solution work in the D. Customers scan the invoice on-premise and email
cloud? the images

A. Customers ask
suppliers to send
electronic invoices
B. Customers ask their
suppliers to scan and
email the invoice
C. Customers scan and
store the invoice images
on-premise and attach
them during invoice entry
D. Customers scan the
invoice on-premise and
email the images
E. Customers cannot use
invoice imaging in Cloud.
Which two invoice types B. Scanned invoices with incomplete or missing
can have a status of information
incomplete? E. Supplier portal invoices which are saved but not
yet submitted
A. Supplier Portal
Invoices which are Could be AB???
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
You use corporate cards B. 201
with expenses and have
implemented the
Company Pay payment
option. An employee
incurred the following
expenses:
Cash Business Expenses:
500
Corporate Card Business
Expenses: 650
Corporate Card Personal
Expenses: 299
What is the resulting
payment amount made to
the employee for these
expenses?

A. 1449
B. 201
C. 949
D. 500
Your client wants the A. Set the General Ledger Journal Entry
subledger journal entry Summarization option to Summarize by general
description to be ledger period
transferred to general D. Set the General Ledge Journal Entry
ledger. Which two could Summarization option to Summarize by general
be used to enable this? ledger date

A. Set the General

Ledger Journal Entry
Summarization option to
Summarize by general
ledger period
B. Set the General Ledge
Journal Entry
Summarization option to
Group by general ledger
period
C. Set the General Ledge
Journal Entry
Summarization option to
Group by general ledger
date
D. Set the General Ledge
Journal Entry
Summarization option to
Summarize by general
ledger date
You are evaluating the A. Approval by Cost Centre owners in parallel or
predefined expense serial mode
report approval rules C. Approval by Project Manages in parallel or serial
within your test mode
environment to see if D. Approval by supervisor based on report amount
they meet current
business requirements.
Which three rule sets are
part of the predefined
setup?

A. Approval by Cost
Centre owners in parallel
or serial mode
B. Approval by supervisor
based on expenses type
amount
C. Approval by Project
Manages in parallel or
serial mode
D. Approval by
supervisor based on
report amount
E. Approval by Group
based on report amount
in parallel or serial mode
A Payables user creates a B. From the Manage Tax Reporting and Withholding
manual invoice and a Tax Options
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 on the Third Party
Site
B. From the Manage Tax
Reporting and
Withholding Tax Options
C. From the Income Tax
region of the Supplier
D. From the Site
Assignments of the
Supplier Site
During an expense audit A. New expense report containing disallowed
the auditor marks an expense items is immediately created.
expense item that is C. The approval part of the expense report is
missing a receipt to be eligible for expense reimbursement
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
The Government has B. Setup a new tax rate
introduced a new D. Setup a new tax rule
reduced tax recovery F. Setup a new status
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?

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

A company has three D. 3

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?

A. 2
B. 6
C. 1
D. 3
A company is centralizing A. Run the Prepare Payables to General Ledger
their payment processing Reconciliation report at Ledger level
using the service
provider model. Which Could also be B???
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 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.
You have three C. Three procurement business units
procurement business
units, four requisition Could also be A???
business units and five
sold-to business units.
For which will the
supplier registration
flows be deployed?

A. One business unit per

supplier
B. Five sold-to business
units
C. Three procurement
business units
D. Twelve business units
per supplier
E. Four requisition
business units
Which two are true for B. You must assign the predefined payment term
Payables Payment Terms? immediate to the reference data set that is assigned
to the business unit before you can define common
A. When entering an options for Payables and Procurement.
invoice, you will see C. When entering an Invoice, you will see Payment
Payment Terms assigned terms assigned to the reference data set associated
to the reference data set with the Business unit on the invoice but not those
associated with the associated with the common set.
Business Unit on the
invoice plus those Could be AB???
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
Which data is visible to a A. Data for all business units and one balancing
Payables user in the segment in the ledger
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)
A payables supervisor A. Standard Invoice: Invoice Currency USD, Payment
wants to apply a Currency GBP
prepayment to an Prepayment: Invoice Currency USD, Payment
invoice. Which Currency AUD
combination of invoice
and payment currencies Invoice currency must be the same to apply
allow the application of a prepayment to an invoice
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 USD,
Payment Currency GBP
Prepayment: Invoice
Currency CAD, Payment
Currency GBP
D. Standard Invoice:
Invoice Currency USD,
Payment Currency CAD
Prepayment: Invoice
Currency CAD, Payment
Currency CAD
You are testing the C. The financial category of Accounts Payable is not
Payables to General assigned to the liability accounts
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 to no data
to display. What is the
reason for this?

A. You did not specify the

range of liability accounts
to include 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
In the implementation C. The payout-template
project, there is a E. The Style-Template
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?

A. The original source

B. The output types
C. The payout-template
D. The Data Model
E. The Style-Template

Which three options are A. Ledger Set

available to filter data D. Business Unit
when you submit the E. Natural Account
Prepare Payables to
Ledger Reconciliation Could be ACD???
report?

A. Ledger Set
B. Supplier
C. Balancing Segment
Value
D. Business Unit
E. Natural Account
F. Legal Entity
Your client is concerned E. The audit selection rule has not been assigned to
that all expense reports the business unit
are getting automatically
approved by the expense
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 expense template
and type rule has not
been setup
E. The audit selection rule
has not been assigned to
the business unit
You have evaluated the B. Set Enable Oracle Maps to yes in the expense
use of Oracle Maps mileage policies
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_MAP
S 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
There are four key 1 = H, 2 = F, 3 = E, 4 = G
reports in Cash
Management. What is the
correct match for each
report and its
description?

Report:
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 transaction 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
Your customer calculates C. Payment term with Day of Month set to 31 and
the due date of their Months Ahead set as 1
invoices based on the
invoice date and wants to
have all Payables invoices
scheduled for payment at
the end of the month
following the month of
the invoice date.
Assuming there is no
predefined payment
term, what must you
create to achieve this?

A. Payment term with a

Fixed Date of 31 and
Months Ahead set as 1
B. Payment term with the
Number of Days set to 31
and Months Ahead set as
1
C. Payment term with Day
of Month set to 31 and
Months Ahead set as 1
D. Payment term with Day
of Month set to 31 and
Months ahead set as 0
E. Payment term with
Number of Days set to 31
and Months Ahead set as
0
F. Payment term with
Fixed Date of 31 and
Months Ahead set as 0
Which three actions allow A. Matching an invoice to a purchase order or
a user to automatically receipt
create distributions for an B. Using Distribution Sets on invoice lines
invoice? D. Allocating freight and miscellaneous lines

A. Matching an invoice to
a purchase order or
receipt
B. Using Distribution Sets
on invoice lines
C. Using a Payment
Process Profile
D. Allocating freight and
miscellaneous lines
E. Selecting the Manage
Distributions page

You are trying to delete A. Invoice has had tax calculated

an invoice in the Invoices C. Invoice has been validated
work area by using the
Actions menu and you
see the following
message: "This action is
not applicable for the
invoice in its current
state." What are two
reasons for this?

A. Invoice has had tax

calculated
B. Invoice was loaded via
a spreadsheet
C. Invoice has been
validated
D. Invoice has not been
validated
You have completed the B. Enable tax for simulation
setup of Oracle Fusion
Tax by using Rapid
Implementation
Spreadsheets. Which
option must you enable
in order to enter a test
transaction before you
go live with the
configuration?

A. Enable tax for

transactions
B. Enable tax for
simulation
C. Enable tax for
validation
D. Enable tax for
verification

Your business processes C. Payment Process Request Template

multiple payment
batches every week.
These batches can be
categorized by using
similar selection criteria.
Which option allows you
to streamline the
payment batch entry
process?

A. Payment Process
Request
B. Payment Process
Profile
C. Payment Process
Request Template
D. Payment Formats
An invoice for 1,000 USD A. Both the invoice and the credit memo are
and a credit memo for included in the payment process request.
1,100 USD are due for D. Only the invoice is paid fully but the credit memo
payment. What are the is partially paid with a credit of 100 USD remaining.
two outcomes if you
choose the "Apply credit
up to zero amount"
option when submitting a
Payment Process
Request?

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.
In which three situations A. A payment was created and ready to be cashed
will the status of a by a supplier
payment be B. A request to stop a payment was canceled
"Negotiable"? C. A bills payable payment matured and you
submitted the Update Matured Bills Payables Status
A. A payment was process to change the payment status from Issued
created and ready to be to Negotiable
cashed by a supplier
B. A request to stop a
payment was canceled
C. A bills payable
payment matured and
you submitted the
Update Matured Bills
Payables Status process
to change the payment
status from Issued to
Negotiable
D. A payment was
reconciled to a bank
statement in Oracle Cash
Management
E. A bills payable
document was paid and
has not matured yet
What three actions A. Accounting and Payment records for the invoices
should happen if a user are automatically reversed
voids a payment? D. Realized gain and losses on foreign currency
invoices are reversed
A. Accounting and E. All related interest invoices are reversed
Payment records for the
invoices are automatically
reversed
B. Accounting and
Payment records for the
invoices are manually
reversed
C. Realized gain or losses
on foreign currency
invoices are not reversed
D. Realized gain and
losses on foreign
currency invoices are
reversed
E. All related interest
invoices are reversed
Which two statements B. Employee expenses are created as Payment
are true about Requests in Payables
processing employee E. Expenses can be submitted by using a mobile
expenses? device

A. Employees must be
set up as Suppliers
B. Employee expenses
are created as Payment
Requests in Payables
C. Cash expense items
can only be entered in
the Expenses work area
D. After an Expense
report is processed in
Payables, the status is
changed to "Completed"
E. Expenses can be
submitted by using a
mobile device