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
Select three reasons why you cannot close your Payables period.
A. suppliers on payment holds
B. bills payable requiring maturity
C. unapplied prepayments
D. open intercompany transactions
E. unaccounted invoices and payments
An invoice for $200 USD and a credit memo for $225 USD are due for payment and the "Apply credits up
to zero amount" option is enabled for the payment process request.
Which statement is correct?
A. The payment process request applies $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates apayment for $0 USD.
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 creates a refund for $225 USD and leaves the invoice unpaid.
D. The payment process request pays only $200 USD alone.
Which invoice types can be included in the Create Payment flow?
A. Standard, Credit Memo and Debit Memo
B. Standard, Credit Memo, and Invoice Request
C. Standard, Credit Memo and Customer Refund
D. Standard, Debit Memo and Customer Refund
You need to submit a 1099 report; your State format has changed slightly since last year. How should you submit your 1099s for the State in the current year?
A. Run and submit your 1099s because it will automatically reflect any changes.
B. Edit the 1099 template to reflect the changes, and then run and submit the 1099 report.
C. Generate a 1096 form and submit it instead.
D. Manually enter the 1099s forthe State and submit.
How will system evaluate the tolerances for expense reports?
A. System will use absolute amount tolerance setup to do validations.
B. System will calculate error tolerance as (|Policy Rate * (1+Error 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)* currency precision.
E. System will calculate warning tolerance as Policy Rate * (1+ Warning Tolerance/100).
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 Cloud.
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
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 thepayment 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.
Which statement is correct if the payment terms entered in the invoice differ from the payment terms on the purchase order?
A. The purchase order payment term cannot be overridden.
B. The user needs to manually change the payment term on the invoice to match the purchase order payment term.
C. The user needs to specify which payment term to use.
D. The payment termof the invoice overrides the purchase order payment term.
E. The payment term of the purchase order overrides the invoice payment term.
