What is the invoice type of an unapproved, unmatched invoice that was created in the Supplier Portal?
A. Standard Invoice
B. Standard invoice request
C. Credit Memo
D. Supplier payment request
E. iSupplier Invoice
Which is the Payables tool based on real-time data?
A. Essbase Cube
B. Smart View
C. Oracle Transactional Business Intelligence (OTBI)
D. Oracle Business Intelligence Applications (OBIA)
E. Oracle Financial Reporting (FR)
How will system evaluate the tolerances for expense reports?
A. System will calculate error tolerance as (|Policy Rate * (1+Error Tolerance/100)|) currency precision.
B. System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)*currency precision.
C. System will calculate error tolerance as Policy Rate * (1+Warning Tolerance+ Error Tolerance/100)
D. System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)
E. System will use absolute amount tolerance setup to do validations.
When submitting the Payables to General Ledger Reconciliation report, the 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.
The Accounts Payable Manager voided a foreign currency payment due to insufficient funds. Which three statements are correct? (Choose three.)
A. All related interest invoices are reversed if previously created.
B. Any previous accounting and payment records for an invoice are reversed.
C. All related withholding tax invoices are automatically voided.
D. Any realized gain or loss previously calculated is reversed.
E. Voiding the payment automatically places an invoice on hold.
You have created an approval rule as follows:
Rule 1: If the invoice amount > $1000, route it to User 1. Rule 2: If the invoice amount < $1000, auto approve it.
Now, the user creates an invoice for $1000 and routes it for approval. What will happen?
A. Invoice will not be processed.
B. The system will issue an error message after the approval has been initiated.
C. Invoice will be sent to User 1 for approval.
D. Invoice will be auto-approved.
Which two statements about the submission of invoices by suppliers using Supplier Portal are true? (Choose two.)
A. A supplier can make changes to the invoice after submitting it.
B. A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations.
C. A supplier can submit a single invoice against multiple purchase orders, provided the currency and organization for all the invoice items are the same as those on the purchase orders.
D. A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed.
E. A supplier can validate the invoice after submitting it.
You have three procurement business units, four requisition business units and five sold-to business units. For which will the supplier registration flows be deployed?
A. three procurement business units
B. one business unit per supplier
C. five sold-to business units
D. four requisition business units
E. twelve business units per supplier
You are voiding a payment and have 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?
A. The invoice has been partially paid by another payment.
B. The invoice date is not in the current open period.
C. The invoice is already on hold.
D. The invoice accounting date is not in the current open period.
You have an invoice with a payment term that has the following settings: Day of Month = 15 Cut off Day = 11 Months Ahead = 0 Terms Date on Invoice = January 12th
What will the resulting due date for the invoice installment be?
A. March 15th
B. January 15th
C. April 15th D. February 15th
