MCQS
1. What does the Place of Supply rule value "Bill to Party" imply in an Oracle Payables Invoice?
A. Location assigned to the Supplier Party Site for the transactions
B. Location assigned to the Legal Entity for the transactions
C. Location assigned to the Legal Entity Reporting Unit for the transactions
D. Location assigned to the Business Unit for the transactions
2. You have enabled Payment Approval for your payment process requests (PPR).
At what stage of the PPR is the payment approval process automatically triggered?
A. Review Proposed Payments
B. Review Installments
C. Create Payment Files
D. Build Payments
3. Which two are classified as Self-Billed invoices? (Choose two.)
A. Customer Refunds initiated from Receivables
B. Evaluated Receipt Settlement (ERS) Invoices
C. Invoices created using Integrated Imaging
D. Expense Reports transferred from Expenses
E. Debit Memos created by the Return to Supplier feature
F. Invoices entered through the Supplier Portal
4. What are the output formats supported for Electronic and Check format programs?
A. Electronic output format of XML, Check output format of rtf
B. Electronic output format of eText, Check output format of rtf
C. Electronic output format of Text, Check output format of Text
D. Electronic output format of DATA (csv), Check output format of Zipped PDFs
E. Electronic output format of PDF, Check output format of PDF
5. Which three attributes are captured during the scanning of invoice images?
A. Invoice Date
B. Invoice Number
C. Terms Date
D. PO Number
E. Payment Method
6. Identify three statements that indicate the purpose of Functional Setup Manager.
A. It allows you to centrally manage the close processes across subledgers and ledgers.
B. it allows you to assign setup tasks to individuals with due dates where users must
manually update their completion status.
C. It automatically marks the completion status of tasks as Completed once they have
been completed.
D. It automatically generates lists of setup tasks in the correct sequence with
dependencies highlighted.
E. It provides a central place to access and perform all of the setup steps across the applications.
7. Your company wants to generate intercompany transactions in USD but only if the amount
involved is $3,000 USD or more. Which two intercompany system options are valid?
A. You cannot update the minimum transaction currency when intercompany currency is
entered.
B. Intercompany invoices will be generated for the minimum accountable amount set at
the payable invoice options and receivable system options.
C. Set the intercompany system option minimum transaction amount to $ 3,000 USD.
D. Approval rules need to set the allow of the intercompany transactions to be routed to
the receiver or provider.
E. Set the intercompany system option minimum transaction amount to $2,999.99 USD.
