NEW QUESTION 1
Which statement is true about selecting a bank account on the Create Payment page?

• A. Bank account must match the supplier’s bank account.
• B. There is not relationship between the business unit, bank, and L
• C. Users can pick any bank account that is setup in their system.
• D. LE on the bank account should be different from the LE on the invoice.
• E. LE on the bank account should be equal to LE on the invoice.
• F. Users can pick any bank account as long as the bank account is tied to the business uni

Answer: D

NEW QUESTION 2
Before you can configure payment approval rules, your company must define a payment approval policy. Which three are done by the payment approval policy?

• A. It allows approvers to review payments and decide whether or not to approve a payment.
• B. It defines criteria for triggering the payment approval process, such as payment amount, bank account, or pay group.
• C. It defines when to initiate the payment approval process.
• D. It determines which payments must go through the payment approval process.
• E. It defines a list of approvers who review payments and make final payment decision

Answer: BCE

NEW QUESTION 3
Which dashboard or workarea displays the Scanned Invoices region for invoices processed through the Payables Integrated Imaging solution?

• A. Invoices Workarea only
• B. Payables Dashboard and Invoices Workarea
• C. Payables Dashboard only
• D. Manage Invoices page
• E. C-Level executives

Answer: A

Explanation: Reference: https://docs.oracle.com/cd/E51367_01/financialsop_gs/FAIPP/F1469798AN1007C.htm

NEW QUESTION 4
What are the two advantages of using a spreadsheet for correcting invoice import errors?

• A. identification of errors with clear error messages at the invoice header and line levels
• B. identification of errors with clear error messages at the invoice header level only
• C. ability to correct errors and re-import invoices directly from a spreadsheet
• D. ability to correct errors within the spreadsheet and send invoice corrections for approval
• E. ability to enter a high volume of invoices via a spreadsheet

Answer: AC

NEW QUESTION 5
Which two statements are true about processing corporate card expenses?

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

Answer: CD

NEW QUESTION 6
You have just imported invoices from a spreadsheet. What is the validation status of the imported invoices?

• A. Imported
• B. Never Validated
• C. Validated
• D. Needs Revalidation
• E. Not Required

Answer: B

NEW QUESTION 7
Certain suppliers that your customer regularly deals with are exempt from tax. How would you configure tax for this?

• A. 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.
• B. Enable the relevant suppliers for Offset Tax and create an Offset Tax to remove the calculated tax line from these suppliers.
• C. 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.
• D. Create a new Tax Regime for the Exempt tax and subscribe the exempt suppliers to the tax regime on the Configuration Options tab.

Answer: B

NEW QUESTION 8
What is the invoice type of an unapproved, unmatched invoice that was created in Fusion Supplier Portal?

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

Answer: D

Explanation: Reference: https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011878AN100C1.htm

NEW QUESTION 9
Which attributes on the payables invoice can be used during approval rule creation?

• A. company and cost center segment only
• B. cost center segment and supplier only
• C. supplier only
• D. company segment, cost center segment, supplier, and Attribute 1 on the invoice line

Answer: C

NEW QUESTION 10
You have two business units: Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports for specific business units?

• A. Assign the Expense Auditor job roles to each auditor.
• B. Assign the Expense Auditor as the owner of each business unit.
• C. Assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles to each Expense Auditor.
• D. Use segment value security rules to secure access to business units.

Answer: C

Explanation: Reference: https://docs.oracle.com/cloud/farel8/financialscs_gs/FAWDE/F1005004AN1204B.htm

NEW QUESTION 11
You need to enter a last-minute invoice during the close process. What is the quickest way to enter and post the invoice to general ledger?

• A. Enter the invoice via a spreadshee
• B. 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.
• C. Enter the invoice in the Create Invoice page, choose the Validate option, and then the Account and Post to Ledger option.
• D. Enter and post a manual journal entry directly into the general ledger.
• E. Enter the invoice via a spreadsheet and then validate, account, and post the invoice from the spreadsheet.

Answer: D

NEW QUESTION 12
Identify three scenarios where you are not allowed to cancel an invoice.

• A. An accounting entry has been created for the invoice.
• B. Prepayments were applied to the invoice.
• C. The invoice was adjusted by a credit or a debit memo.
• D. The invoice is validated.
• E. The invoice is fully or partially pai

Answer: BCE

NEW QUESTION 13
In what order should the import process be run when importing suppliers?

• A. any order
• B. Supplier, Supplier Site, Supplier Site Contacts, Supplier Site Assignments
• C. Supplier, Supplier Site Contacts, Supplier Site, Supplier Site Assignment
• D. Supplier, Supplier Site Assignment, Supplier Site, Supplier Contacts

Answer: B

Explanation: Reference: https://docs.oracle.com/cloud/latest/procurementcs_gs/OAPRC/OAPRC1007476.htm

NEW QUESTION 14
You are resolving payment validation errors during the payment build process. Which two actions can you perform 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 reques

Answer: DE

Explanation: Reference: https://docs.oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011879.htm

NEW QUESTION 15
Identify what Oracle considers two best practices when setting up Payables and Receivables account access for bank reconciliation.

• A. Only business units who use the same ledger as the bank accounts owning legal entity can be assigned access.
• B. Business units must be granted access to the bank account.
• C. Assign a few general ledger cash accounts to multiple bank accounts to facilitate book-to-bank reconciliation.
• D. Allow bank accounts to be accessed by all roles and users because the default valued to secure a bank account by users and roles is No.
• E. Do not assign bank accounts to business unit

Answer: AB

Explanation: Reference: http://docs.oracle.com/cd/E28271_01/fusionapps.1111/e20375/F569961AN5B6A3.htm

NEW QUESTION 16
What job roles are required to access information within Functional Setup Manager?

• A. Application Implementation Manager
• B. Functional Setup Manager Superuser
• C. Application Implementation Consultant
• D. Any Functional User
• E. IT Security Manager

Answer: AC

Explanation: Reference: https://apps2fusion.com/oracle-fusion-online-training/fusion-applications/oracle-fusionhcm/ 694-introducing-to-functional-set-up-manager-in-oracle-fusion-hcm

NEW QUESTION 17
You have two business units: Vision Operations and Vision Services. How 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 segment value security rules to secure access to the business units.
• B. 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.
• C. Assign the Expense Auditor job role to each auditor and use a data access set to associate the business unit to the role.
• D. Assign the Expense Auditor as the owner of each business unit on the Manage Business Unit Set Assignments page.

Answer: B