There are four key 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
1.
Lists all transactions for a specific bank account, that have been remitted to the bank but have not been cleared.
2.
Displays the bank statements that are used to analyze balances and transaction details.
3.
Displays balance and transaction information forspecific bank statements.
4.
Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management.
A. 1 = H, 2 = G, 3 = E, 4 = F
B. 1 = E, 2 = G, 3 = H, 4 = F
C. 1 = H, 2 = F, 3 = E, 4 = G
D. 1 = H, 2 = E, 3 = G, 4 = F
Which three options are available to filter data when you submit the Prepare Payables to Ledger Reconciliation report? (Choose three.)
A. Ledger Set
B. Supplier
C. Balancing Segment Value
D. Business Unit
E. Natural Account
F. Legal Entity
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 approveit.
Now, the user creates an invoice for $1000 and routes it for approval.
What will happen?
A. Invoice will be auto-approved.
B. The workflow will fail once approval is initiated.
C. The initiate option is greyed out for the invoice.
D. Invoice will besent to User 1 for approval.
You want to route invoices to three different approvers at the same time and only one approver needs to approve the invoice. Which approval ruleset should you use?
A. InvoiceApproversFYIParticipantInParallelMode
B. InvoiceApproversSingleParticipantInParallelMode
C. InvoiceApproversParallelParticipantInParallelMode
D. Invoice Approvers
Which two statements are true related to configuration package? (Choose two.)
A. You can export and import the custom roles from Oracle Identity Manager.
B. You can export and import the allocation rules from the allocation manager.
C. You can export and import the approval rules from the approval management engine.
D. You can export and import selected business units.
E. You can export and import selected business object services.
Which two statements are true when you are using the Intercompany Reconciliation Reports? (Choose two.)
A. You must run the prepare Intercompany Reconciliation Reporting Information process.
B. 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.
C. The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
D. The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the secondbalancing segment or the third balancing segment is out of balance.
E. You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.
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.
Your customer matches their invoices to a purchase order and have noticed that the payment terms aredefaulting 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 thepayment 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 thosesuppliers.
E. Enter the payment terms in the Manage Invoice Options page so they default onto the invoice.
Youapplied a prepayment amount of $5,000 USD to a $10,000 USD invoice. At the time of prepayment, the applicable tax rate was 5% ($250 USD); at the time of invoice creation, the tax rate is 10%. When you set up taxes, you choose to Recalculate Taxes for the Applied Amount Handling option.
How will the resulting tax be calculated?
A. The tax for the prepayment is recalculated and the generated tax line amount will be $250 USD (5% * 10,000-5000).
B. The tax for the prepayment is recalculated to use the newinvoice tax rate that is also used for the invoice line amount. The two generated tax lines show $1,000 USD (10% * 10,000) for the invoice line tax amount and a prepayment tax line of -500 USD (10% * - 5000).
C. The tax calculation creates two tax lines: one for the invoice line amount and one for the prepayment with a negative amount. The two generated tax lines show $1,000 USD (10% * 10,000) for the invoice line tax amount and a prepayment tax line of -250 USD (5% * - 5000).
D. The tax calculated on the prepayment is reversed completely and the tax rateapplied to the invoice line is retained.
Your customer has implemented English as base language and French as a local language. The customer's bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?
A. Createyour template in English language, then upload it to Business Intelligence (BI) under the custom/ payment folder under the templates region with country locale.
B. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale.
C. 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.
D. 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.
