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Question: 1
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
Answer: B
Explanation:
Standard invoice request: An invoice submitted without a purchase order by a supplier through
Oracle Fusion Supplier Portal thatis pending review and approval by the appropriate persons within
the deploying company.
References:https://docs.oracle.com/cd/E37583_01/doc.1116/e22897/F431919AN100ED.htm
Question: 2
You want your expense auditors to audit only expense reports for specific business units. How do you
do this?
A. Create a custom duty role and assign the data roles to each auditor.
B. Create your own audit extension rules that correspond to the business unit.
C. Make auditors the managers of the corresponding business unit to route expense reports properly.
D. Assign the expense auditors job role and business unit security context and value to the user.
Answer: D
Explanation:
Question: 3
Which invoice types can be included in the Create Payment flow?
A. Standard, Credit Memo and Debit Memo

B. Standard, Credit Memo and Customer Refund
C. Standard, Credit Memo, and Invoice Request
D. Standard, Debit Memo and Customer Refund
Answer: A
Explanation:
Question: 4
A company has a requirement to default the disbursement bank account when submitting a Payment
Process Request.
Which actions will accomplish this? (Choose two.)
A. Define the Disbursement Bank Account at the business unit level to have the payment process
derive the bank account.
B. Define the Disbursement Bank Account to the Payment Method in payment default rules.
C. Define the Disbursement Bank Account to every supplier.
D. Create a Payment Process Request template that includes the Disbursement Bank Account.
E. Assign the Disbursement Bank Account to users to have the payment process default the bank
account.
Answer: D, E
Explanation:
D: You can assign thedisbursement bank account and the payment process profile to all documents
payable in the payment process request during the Submit Payment Process Request process. If you
use a payment process request template, a disbursement bank account and a payment process
profile default from the template.
DE:The following options affect payment processing:
References:https://docs.oracle.com/cd/E37017_01/doc.1115/e22897/F438410AN16238.htm
Question: 5
Certain suppliers that your customer regularly deals with are exempt from tax. How would you
configure tax for this?
A. Enable the relevant suppliers for Offset Tax and create an Offset Tax to remove the calculated tax
line from these suppliers.

B. 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.
C. Create a new Tax Regime for the Exempt tax and subscribe the exempt suppliers to the tax regime
on the Configuration Options tab.
D. 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.
Answer: D
Explanation:
Question: 6
A company makes the payment in a currency different from the invoice and ledger currency. What
setup options are required to make the cross currency rate type the default?
A. Manage Invoice Options and Manage common options for Payables and Procurement
B. Manage Payable Options and Manage Invoice Options
C. Manage Invoice Options and Manage Procurement agents
D. Manage common options for Payables and Procurement and Manage Procurement agents
E. Manage Payment Options and Manage common options for Payables and Procurement
Answer: B
Explanation:
You can change the conversion rate type at invoice entry or payment creation time.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAIPP/FAIPP1470345.htm
Question: 7
Which method can you use to route payment approval rules?
A. Approval Groups
B. Sequential
C. Both Parallel and Sequential
D. Parallel
E. Serial and FYI (For Your Information)
Answer: B
Explanation:
Question: 8
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 spreadsheet. 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.
B. Enter the invoice in the Create Invoice page, choose the Validate option, and then the Account and
Post to Ledger option.
C. Enter and post a manual journal entry directly into the general ledger.
D. Enter the invoice via a spreadsheet and then validate, account, and post the invoice from the
spreadsheet.
Answer: A
Explanation:
Question: 9
You have invoices with distributions across primary balancing segments that represent different
companies.
What feature should you use if you want the system to automatically balance your invoice’s liability
amount across the same balancing segments on the invoice distributions?
A. Payable’s Automatic Offset

B. Intercompany Balancing
C. Subledger Accounting’s Account Rules
D. Suspense Accounts
E. Payables’ Allow Reconciliation Accounting
Answer: A
Explanation:
If you do not enable Automatic Offsets, Payables records the invoice liability using the liability
account on the invoice, which defaults from the supplier site. When you distribute invoice
distributions across multiple balancing segments, the invoice will not balance by balancing segment.
However, General Ledger can automatically create intercompany balancing entries when you post
the invoice if you have enabled the Balance Intercompany Journals option for your set of books.
References:https://docs.oracle.com/cd/A60725_05/html/comnls/us/ap/autoff01.htm
Question: 10
When creating a check payment, from where is the payment document defaulted?
A. Legal Entity
B. Bank
C. Business Unit
D. Bank Account
E. Supplier
Answer: D
Explanation:
Create Check
This step shows how to create a check to pay the customer for theclaim. The customer will be paid
with the designated amount in Oracle Payables.
Navigation: Actions > Pay in Full.
Notes:
Bank Account: Select BofA.
Document: Select Check.
References:https://docs.oracle.com/cd/E18727_01/doc.121/e16295/T544851T544993.htm
Question: 11
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
Answer: C
Explanation:
Question: 12
If you accidentally paid an invoice using Create Payment flow, can you undo the operation?
A. yes, by canceling the payment process from the process monitor

B. Cancel the invoice and create a new one.
C. yes, by voiding the payment created
D. yes, by creating a credit memo to offset the payment
E. no
Answer: E
Explanation:
You cannot terminate a Payment Instruction:
Question: 13
An installment meets all the selection criteria of a Payment Process Request, but it still does not get
selected for payment processing.
What are the two possible reasons for this? (Choose two.)
A. The pay-through date is in a closed Payables period.

B. The invoice has not been accounted.
C. The invoice requires approval.
D. The pay-through date is in a future period.
E. The invoice needs re-validation.
Answer: C,E
Explanation:
Question: 14
When reviewing installments, what setup is required to override the supplier site on an invoice?
A. Allow the remit-to supplier override for third-party payments at Manage Invoice options.
B. Allow the remit-to supplier address override for third-party payments at Manage Invoice options.
C. Allow payee to override for third-party payments while Manage Invoice options.
D. Allow the remit-to supplier override for third-party payments at Manage Payment options.
Answer: B
Explanation:
(Optional) Setting the Remit-to Supplier Override Option
References:https://docs.oracle.com/cloud/farel9/financialscs_gs/FAIPP/F1470346AN14ECB.htm
Question: 15
Which statement is correct if the payment terms entered in the invoice differ from the payment
terms on the purchase order?
A. The user needs to specify which payment term to use.

B. The payment term of the purchase order overrides the invoice payment term.
C. The payment term of the invoice overrides the purchase order payment term.
D. The purchase order payment term cannot be overridden.
E. The user needs to manually change the payment term on the invoice to match the purchase order
payment term.
Answer: C
Explanation:
Question: 16
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. Create your 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.
Answer: D
Explanation:
Question: 17
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 second balancing 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.
Answer: B
Explanation:
A (not C): The Reconciliation Period Summary report displays the intercompany receivables and
intercompany payables balances in summary for a period, and any differences between them.
D:Ledger balancing lines generated when the primary balancing segmentvalue is in balance but
either the second balancing segment or the third balancing segment is out of balance
Question: 18
You have just imported invoices from a spreadsheet. What is the validation status of the imported
invoices?
A. Needs Revalidation
B. Not Validated
C. Not Required
D. Imported
E. Validated
Answer: D
Explanation:
After the import process builds the invoices, the invoices can be viewed, modified, and validated on
the Manage Invoices page.
References:https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_A149B7BD08207B6DE040D30
A68816335
Question: 19
You have successfully processed the expense reports for reimbursement and have transferred the
information to Payables. What is the next step before you can pay them?
A. Transfer the data to General Ledger.

B. Validate the invoice in Payables.
C. Create a payment process request in Payments.
D. Create Accounting for the invoice in Payables.
Answer: B
Explanation:
Oracle Fusion Expenses provides reimbursement functionality that ensures corporate card issuers
and employees are reimbursed for business expenses. Expenses uses Oracle Fusion Payables to
process expense reports for reimbursement. To reimburse card issuers and employees, the expense
auditor runs the Process Expense Reimbursement process and the corporate card administrator runs
the process, Create Corporate Card Issuer Payment Requests. After payment requests are created in
Payables, corporate card issuers and employees are paid by Oracle Fusion Payments.
Thisfigure shows the flow of data when the expense auditor runs the Process Expense
Reimbursement program.
Question: 20
Your intercompany transaction type is active and enabled for invoicing. What are the two
prerequisites to generate intercompany receivables and intercompany payable transactions after the
Generate Intercompany Allocations process is run? (Choose two.)
A. For the Legal Jurisdiction, Legal function: “Generate intercompany invoice” should be assigned.
B. Schedule create accounting for the intercompany process.
C. Supplier site primary pay flag and customer account bill to primary flag should be enabled.
D. Run the processes Create Intercompany transactions to Receivables and Create Intercompany
transactions to Payables.
E. Run the processes Transfer Intercompany transactions to Receivables and Transfer Intercompany
transactions to Payables.
F. Manual Approvals should be allowed for the transaction type.
Answer: C,E
Explanation:
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAUGL/FAUGL1476872.htm
Question: 21
In what order should the import process be run when importing suppliers?
A. Supplier, Supplier Site Contacts, Supplier Site, Supplier Site Assignment

B. Supplier, Supplier Address, Supplier Site, Supplier Site Assignments
C. Supplier, Supplier Site Assignment, Supplier Site, Supplier Contacts
D. any order
Answer: B
Explanation:
The following programs are used to import supplier information:
When importing supplier records containing data in each table, then Suppliers must be run first,
followed by the Supplier Sites import process. Once the data is inserted, the following concurrent
processes must be run to create the information in Oracle Fusion Suppliers.
Suppliers Import Process

Supplier Sites Import Process
Supplier Site Contacts Import Process
Supplier Site Assignments Process
References:https://docs.oracle.com/cd/E56614_01/procurementop_gs/OAPRC/F1007476AN1079E.h
tm
Question: 22
Which two statements are true about processing corporate card expenses? (Choose two.)
A. Conversion rate defaults apply only to cash expenses, not to corporate card expenses.
B. Usage policy for expense category tolerances does not apply to credit card expenses.
C. Card transactions will be paid directly from Expenses Cloud.
D. You can process payment for credit card using Electronic funds transfer, check, or wire.
E. Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to
cash expenses.
Answer: A,B
Explanation:
Conversion rate behavior applies only to cash expenses, not to corporate card expenses.
To enable your company to pay a corporate card issuer, you enter a default payment method,
whether check, EFT (Electronic funds transfer), or wire, in the Address Payment Information region of
the Edit Corporate Card Issuer page, as well as bank account information.
References:
https://docs.oracle.com/cloud/latest/financialscs_gs/FAIEX/FAIEX1456644.htm
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49599/F1110434AN7B1F9.htm
Question: 23
What happens if a company runs the Payables Unaccounted Transactions Sweep program for
February 2018 if the invoices with a Hold status have an invoice date of January 20, 2018?
A. The accounting dates of all unaccounted invoices will be changed to February 20,2018, the same
day of the next period.
B. The accounting dates of all unaccounted invoices will change to February 28, 2018, the last day of
the next period.
C. The accounting dates of all unaccounted invoices will remain unchanged at January 20, 2018.
D. The accounting dates of all unaccounted invoices will be changed to February 1, 2018, the first day
of the next period.
Answer: D
Explanation:
Run the Payables Unaccounted Transactions Sweep program to transfer unaccounted transactions
from one accounting period to another. If your accounting practices permit it, use this program to
change the accounting date of the transactions to the next open period.
The program transfers unaccounted transactions to the period you specify by updating the
accounting dates to the first day of the new period.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011880AN1B948.htm
Question: 24
A Payment Process Request was submitted and errors were found in the payment file. The payment
file and process were terminated.
Which two statements are true? (Choose two.)
A. The invoices are placed on payment hold.

B. The status of each payment in the payment file is Terminated.
C. The status of the payment file is Terminated.
D. The status of each payment in the payment file is Cancelled and the related documents are
available for future selection.
E. The status of the payment file is Cancelled.
Answer: C,D
Explanation:
If the payment file has been terminated and the documents payable have been returned to the
source product, then the status of the Printed Payment File is Terminated.
Oracle Fusion Paymentsinforms the source product of the terminated documents payable. Then for
each payment in the payment file, Payments sets the status to Canceled.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011879AN17393.htm
Question: 25
After you submitted a Payment Process Request, you noticed errors. You want to void the payments.
Identify two statements that indicate when it is not possible to void a payment. (Choose two.)
A. A payment that pays a prepayment that has been applied to an invoice.

B. A payment that has already cleared the bank.
C. A payment that has been accounted and posted to General Ledger.
D. A payment with the status of Issued.
E. A payment for an invoice with an associated Withholding Tax invoice.
Answer: A,B
Explanation:
A: You can't: Void a payment for aprepayment that's applied. You must first unapply the prepayment,
then void the payment.
D: If the payment is cleared in cash management then it has to be uncleared first before you can void
the payment.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011879.htm
Question: 26
Identify what Oracle considers two best practices when setting up Payables and Receivables account
access for bank reconciliation. (Choose two.)
A. Do not assign bank accounts to business units.

B. Assign a few general ledger cash accounts to multiple bank accounts to facilitate book-tobank
reconciliation.
C. Business units must be granted access to the bank account.
D. Only business units who use the same ledger as the bank accounts owning legal entity can be
assigned access.
E. Allow bank accounts to be accessed by all roles and users because the default value to secure a
bank account by users and roles is No.
Answer: C,D
Explanation:
Account Access
Payables and Receivables account access is secured by business unit. In addition to selecting
theappropriate application use or uses, one or more business units must be granted access before
the bank account can be used by Payables and Receivables. Only business units that use the same
ledger as the bank accounts owning legal entity can be assigned access.
Question: 27
Identify two ways the invoice imaging solution works in the Cloud. (Choose two.)
A. Customers cannot use invoice imaging in the Cloud.

B. Customers scan and store the invoice images on-premise and attach them during invoice entry.
C. Customers ask their suppliers to scan and email the invoice.
D. Customers ask suppliers to send electronic invoices.
E. Customers scan the invoice on-premise and email the images.
Answer: C,E
Explanation:
Question: 28
What is the result of voiding a payment?
A. A stop payment request has been initiated to the bank.

B. A bills payable payment was created but is not yet matured.
C. The payment is reconciled to the bank statement.
D. The payment is no longer valid.
Answer: D
Explanation:
Question: 29
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)
Answer: C
Explanation:
Oracle Transactional Business Intelligence (OTBI) provides real-time insight into HCM business
processes. Traditional ad-hoc reporting tools require a user to have an understanding of the data
objects in the database.
References:http://www.oracle.com/us/products/applications/fusion/hcm-oracle-transactional-bi-ds-
2187697.pdf
Question: 30
During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa
credit card. While entering your expenses, you get a warning that a different conversion rate was
applied to the taxi expense by Visa that the one used by your company.
How do you handle this situation?
A. Do not enter the taxi expense and call your Finance Department so that they can make changes in
the conversion rate settings and you do not violate the allowable limit.
B. Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then,
wait to get a revised statement.
C. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a
different conversion rate.
D. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.
Answer: C
Explanation:
Payables uses five types of exchange rates. Payables uses exchange rates to convert invoice and
payment amounts into your ledger currency.
* User. Used to manually enter your own exchange rate during invoiceentry or at payment time. If
you use the User exchange rate type, if the Payables option Calculate User Exchange Rate is enabled,
and if you are using the Invoices window or the open interface table, then Payables calculates the
invoice exchange rate if you provide the Ledger Currency amount.
Etc.
Question: 31
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.
Answer: D
Explanation:
Error: A percentage is used to calculate an error. The error tolerance amount is calculated as follows:
Policy Rate * (1+Error Tolerance/100)
References:https://docs.oracle.com/cd/E60665_01/financialscs_gs/FAIEX/F1456644AN125F2.htm
Question: 32
You are using both Procurement and Financials. You want the system to automatically accrue
uninvoiced receipts. Select two true statements. (Choose two.)
A. For period end accruals, accounting is created at material receipt or at delivery to a final
destination.
B. For period end accruals, the invoice accounting debits the expense account and credits the liability
account.
C. For perpetual accruals, the invoice accounting debits the accrual account and credits the liability
account.
D. For period end accruals, the invoice accounting for inventory items debits receipt inventory and
credits the uninvoiced receipts.
Answer: B,C
Explanation:
Question: 33
Which two statements are true about the Invoice Validation process? (Choose two.)
A. opens the relevant accounting period

B. validates project information
C. updates supplier balances
D. creates tax lines and distributions
E. creates accounting entries in draft
Answer: B,D
Explanation:
Invoice validations
Etc.
References: https://docs.oracle.com/cloud/farel9/financialscs_gs/FAPPP/F1011878AN100C4.htm
Question: 34
What two job roles are required to access information within Functional Setup Manager? (Choose
two.)
A. Application Implementation Manager

B. Any Functional User
C. Application Implementation Consultant
D. Functional Setup Manager Superuser
E. IT Security Manager
Answer: A,C
Explanation:
Provision the implementation user with the Application Implementation Manager job role or the
Application Implementation Consultant job role by usingthe Security Console Users tab.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FACSF/FACSF1004385.htm
Question: 35
Which dashboard or workarea displays the Scanned Invoices region for invoices processed through
the Payables Integrated Imaging solution?
A. Manage Invoices page

B. C-level executives
C. Invoices Workarea only
D. Payables Dashboard only
E. Payables Dashboard and Invoices Workarea
Answer: C
Explanation:
Accounts payable specialists can view the list of scanned images for invoice entry, along with the
additional routing attributes, in the Scanned Invoices region of the Invoices work area.
References:http://docs.oracle.com/cd/E36909_01/fusionapps.1111/e20375/F569958AN60E65.htm
Question: 36
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 as the owner of each business unit on the Manage Business Unit Set
Assignments page.
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 segment value security rules to secure
access to the business units.
D. Assign the Expense Auditor job role to each auditor and use a data access set to associate the
business unit to the role.
Answer: B
Explanation:
Question: 37
When submitting the Payables to General Ledger Reconciliation report, the extract did not select any
dat
a. 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.
Answer: D
Explanation:
You must assign a Financial Category of Accounts payable to all your liability natural account values.
This is a required setup step for Payables to General Ledger reconciliation.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011880AN1B948.htmc
Question: 38
You have a high volume of invoices to enter that have similar lines and do not require extensive
validation. What must you do if you want to group multiple invoices in a batch during spreadsheet
entry?
A. Make sure the Invoice Number is the same.

B. Make sure all the invoice dates are the same.
C. Assign the same Invoice Header Identifier to multiple invoices you want to group.
D. Enable the invoice option Require Invoice Grouping, and the system automatically groups invoices
entered in the same spreadsheet.
E. Enter a value in the Invoice Group field to group similar invoices into a batch.
Answer: D
Explanation:
What's an invoice group?

A collection of invoices that is used as a parameter for the Validate Payables Invoice process, a
selection criteria for submitting a payment process request, and a parameter in some reports. If you
enable the invoice option Require invoice grouping, you must associate each invoice with an invoice
group.
References:https://docs.oracle.com/cloud/farel9/financialscs_gs/FAPPP/F1011878AN100C4.htm
Question: 39
The payment build program has completed but with errors.

When submitting the payment process request, which processing option is used to review the error
messages from the Manage Payment Process Request Inquiry?
A. Set the validation failure handling for documents to “show errors.”

B. Set the validation failure handling for payments to “stop process for review.”
C. Set the validation failure handling for payments to “show errors.”
D. Enable debug for the payment format program.
Answer: B
Explanation:
Question: 40
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.
Answer: A,E
Explanation:
Question: 41
Which three are attributes that are recognized by Invoice Imaging? (Choose three.)
A. Terms Date
B. Payment Method
C. Invoice Date
D. PO Number
E. Invoice Number
Answer: C,D,E
Explanation:
Question: 42
Which component is not included in the security architecture for credit card data and bank account
data encryption?
A. Oracle Wallet
B. Supplier master encryption key
C. Sensitive data encryption and storage
D. Payments subkeys
E. Payments master encryption key
Answer: B
Explanation:
Question: 43
You are using the Payable’s Deferred Expense feature (also known as Multiperiod Accounting). You
have entered an invoice for a three-month lease that is entered on Jan 10th. The total expense is
$12,000 and it covers the rental period from Jan 1st to Mar 31st.
Assuming that the rental expenses are split evenly per month and a monthly accounting calendar is
used, what would the accounting entry be?
A. On Jan 10th, Debit Prepaid Expense for 12,000 and Credit Liability 12,000
B. On Jan 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Feb 28th,
Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000
C. On Jan 10th, Debit Prepaid Expense 12,000 and Credit Liability for 12,000 and thenOn Jan 31st,
Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Feb 28th, Debit Rental
Expense for 4,000 and Credit Prepared Expense for 4,000On Mar 31st, Debit Rental Expense for 4,000
and Credit Prepared Expense for 4,000
D. On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Jan 10th,
Debit Rental Expense for 12,000 and Credit Cash for 12,000
Answer: C
Explanation:
Question: 44
Which three types of payments can you make if you have access to Disbursement Process
Management Duty? (Choose three.)
A. Reimbursement of employee expense reports

B. Employee advances
C. Supplier payments
D. Customer refunds
E. Ad hoc payments
Answer: B, D, E
Explanation:
Question: 45
Select three reasons why you cannot close your Payables period. (Choose three.)
A. open intercompany transactions

B. unapplied prepayments
C. suppliers on payment holds
D. bills payable requiring maturity
E. unaccounted invoices and payments
Answer: A,D,E
Explanation:
The types of exceptions reported are:
References:https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_9DE8D32BDBE0FBADE040D30
A688146CA
Question: 46
N NO: 46
An installment for $1,000 USD is due for payment on January 10, 2019. The installment has two
discounts: the first discount date is December 5, 2018 for $150 USD and the second discount date is
December 20, 2018 for $50 USD. The Pay Date Basis on the supplier site is Discount.
You submit a Payment Process Request with the following criteria:
Payment Date = December 5, 2018

Pay Through Date = December 25, 2018
Date Basis = Pay Date
Always Take Discount option is enabled
What will be the resulting status of the installment and discount?
A. The installment is selected and a discount of $50 USD (the second discount) is applied.
B. The installment is selected and a discount of $200 USD ($150 + $50) is applied.
C. The installment is selected and a discount of $150 USD is applied because the Always Take
Discount option was enabled.
D. The installment is selected but no discount is applied because the payment date is after the
discount dates.
E. The installment is not selected because the first discount date is before the Pay Through Date.
Answer: C
Explanation:
Discount Taken Amount is 150 USD. Although the Payment Date is after the discount dates, the first
discount is taken because the option Always take discount is enabled.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011879AN17393.htm
Question: 47
An installment for $2,000 USD is due for payment on July 31, 2018. The installment has two
discounts: the first discount date is June 15, 2018 for $150 USD and the second discount date is June
30, 2018 for $50 USD.
You submit a Payment Process Request with the following criteria:

Payment Date = June 20, 2018
Pay Through Date = July 30, 2018
Date Basis = Due Date
What will be the resulting status of the installment and discount?
A. The installment is not selected because the discount dates are before the Pay Through Date.
B. The installment is selected and no discount is applied.
C. The installment is not selected because the due date is after the Pay Through Date.
D. The installment is selected and a discount of $50 USD is applied.
E. The installment is selected and a discount of $150 USD is applied.
Answer: C
Explanation:
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011879.htm#FAPPP1
011879
Question: 48
Which statement is true about selecting a bank account on the Create Payment page?
A. LE on the bank account should be different from the LE on the invoice.

B. Bank account must match the supplier’s bank account.
C. Users can pick any bank account as long as the bank account is tried to the business unit.
D. There is no relationship between the business unit, bank, and LE. Users can pick any bank account
that is setup in their system.
E. LE on the bank account should be equal to LE on the invoice.
Answer: E
Explanation:
Note: LE = legal entity
Question: 49
You entered an invoice of 12,000 and paid it for Office Suppliers. The payment was never received by
the supplier, and you decide to return the entire order. What should you do?
A. Cancel the invoice, which debits the liability and credits the expense.
B. Issue a credit memo, which will debit the liability and credit the expense.
C. Void the payment, which debits cash and credits the liability, and then issue a credit memo, which
debits the liability and credits the expense.
D. Void the payment, which debits cash and credits the liability, and then cancel the invoice, which
debits the liability and credits the expense.
Answer: D
Explanation:
Question: 50
The expense auditor has chosen to Request More Information for an expense report. Select two ways
the system processes this action. (Choose two.)
A. The expense report status remains Pending Payables Approval.

B. The expense report is routed back to the approvers.
C. The audit can be completed before the requested information is received from the employee.
D. The employee must resubmit the expense report.
Answer: A,B
Explanation:
To request more information for an expense report, select the Request More Information option
from the Actions menu in theheader of the Audit Expense Report page. The employee receives a
notification that includes the reason for the request, specific instructions, and any additional
instructions from you. Selecting the Request More Information action results in the following:
References:https://docs.oracle.com/cd/E60665_01/financialscs_gs/FAWDE.pdf
Question: 51
What is the difference between subject areas that append the word “Real Time” and those that do
not?
A. The “Real Time” subject areas are based on real-time transactions and those that are not, are
based on historical data.
B. The “Real Time” subject areas are based on real-time transactions in the applications, and those
that are not, are based on data stored in the Oracle Business Intelligence Applications data
warehouse.
C. There is no difference.
D. The “Real Time” subject areas are based on subledger transactions and the ones that are not are
based on general ledger balances.
Answer: B
Explanation:
In Oracle Fusion applications, there are two types of subject areas:

Subject areas whose names usually end with Real Time and access real-time (transactional) data.
Subject areas whose names usually do notend with Real Time and access data warehouse data.
References: https://docs.oracle.com/cloud/farel8/common/OATBI/postinstallation.htm
Question: 52
An invoice for $1,000 USD and a credit memo for ($1,100) USD are due for payment. What are the
two outcomes if you chose the “Apply Credits Up to Zero Amount” option when submitting a
Payment Process Request? (Choose two.)
A. Both the invoice and the credit memo are included in the Payment Process Request.
B. Neither the invoice nor the credit memo is included in the Payment Process Request.
C. Both the invoice and the credit memo are fully paid.
D. Only the invoice is paid fully but the credit memo is partially paid with a credit of ($100) USD
remaining.
Answer: A,D
Explanation:
When yousubmit a "payment process request", you can enable the Apply credits up to zero amount
payment option. Enabling the option causes the payment process to apply credits when the credits
reduce the payment amount below zero.
The following scenario illustratethe impact of this option.

Credit Amount Greater Than Invoice Amount
An invoice for 200 USD and a credit memo for 225 USD are due for payment.
The following table describes the payment processing that occurs based on the setting for the Apply
credits upto zero amount payment option.
Assume that the “Apply Credits Up to Zero Amount” option is enabled.

Payment processing applies 200 USD of the credit memo to the invoice and creates a payment for 0
USD. The remaining credit is 25 USD.
References:https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_9F438E13CC89BA0CE040D30
A68816F77
Question: 53
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.
Answer: A,B,D
Explanation:
D: When you void a payment, Payables automatically reverses the accounting and
payment records so your general ledger will have the correct information, and so the status of the
paid invoices is reset to Unpaid. Payables also reverses any realized gains or losses on foreign
currency invoices recorded as paid by the payment.
B: If you withhold taxes at payment time and you void a payment that paid an invoice with an
associated withholding tax invoice, then Payables automatically creates a negative (reversing)
invoice for the tax authority supplier to offset the amount of the tax withholding invoice. You
determine when you withhold taxes by selecting the Apply Withholding Tax option in the Payables
Options page.
References: Oracle Payables User’s Guide, Voiding Payments Using the Payments Window
Question: 54
You have an invoice for a three-month lease and wish to recognize the expense monthly for the
duration of the lease.
What must be entered on the invoice in order to do this?
A. You must provide a start date and an end date for the prepaid expenses in the invoice lines or
distributions.
B. You must provide a start date, an end date, and the accrual account for the prepaid expenses in
the invoice lines or distributions.
C. You must provide a start date and the accrual account for the prepaid expenses in the invoice lines
or distributions.
D. You must provide the accrual account for the prepaid expenses in the invoice lines or distributions.
Answer: D
Explanation:
Question: 55
Your company policy requires that receipts be attached to expense report items before
reimbursement can be made.
Which two statements are true about the association of a receipt to an expense report? (Choose
two.)
A. Users can maintain scanned receipts in a central repository and provide a reference number in the
expense report.
B. Receipts are not required if the expense item falls within Per Diem Rates.
C. Expenses do not create payment requests for expense reports that have missing or overdue
receipts.
D. An expense report may require original, imaged, or both types of receipts.
Answer: C,D
Explanation:
Your company periodically schedules and runs the Generate Overdue and Missing Receipts
Notification process that generates overdue receipt notifications.
If receipts are overdue and setup requires that the individual be notified, then Expenses
automatically sends a notification to the individual to inform him that receipts are overdue.
An expense report may require original, imaged, or both types of receipts.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAWDE/F1005004AN1204B.htm
Question: 56
You have an invoice for $200 USD and a credit memo for $225 USD. In other words, the credit
amount exceeds the invoice amount. If you enable the option to apply credits up to zero amount
payment, then how will the invoice and credit memo be paid?
A. Neither the invoice nor the credit memo are included in the payment process request because the
credit reduces the payment amount below zero.
B. Both the invoice and the credit memo are paid and a refund of $25 USD is created.
C. Both the invoice and credit memo are included in the payment process request for a payment
amount of $0 USD. The credit memo is partially paid with a remaining credit of $25 USD.
D. Both the invoice and the credit memo are selected and the Payment Process Request requires
attention.
Answer: C
Explanation:
When you submit a "payment process request", you can enable the Apply credits up to zero amount
payment option. Enabling the option causes the payment process to apply credits when the credits
The following scenario illustrate the impact of this option.

An invoice for 200 USD and a credit memo for 225 USD are due for payment.
The following tabledescribes the payment processing that occurs based on the setting for the Apply
credits up to zero amount payment option.

A68816F77
Question: 57
While processing an expense report, the system placed a payment hold on the expense report. What
are two ways to release payment holds? (Choose two.)
A. The employee can manually release the hold.

B. Payables Manager can release payment holds in Payables.
C. The employee’s supervisor can manually release the hold.
D. The expense auditor can manually release the payment hold at his discretion.
E. Based on the receipt status, the Expenses program can automatically release the payment hold
once it detects that receipts are received or waived.
Answer: D, E
Explanation:
Payment holds are released in the following ways:
Question: 58
Which reports can show you differences between your subledger balances and general ledger
balances to help you reconcile quickly?
A. Payables to Ledger Reconciliation report

B. Payables Aging reports with the General Ledger Trial Balance report
C. General Ledger Financial Statements and the Accounts Payable and Invoice Registers
D. Payables Trial Balance and General Ledger Trial Balance reports
Answer: D
Explanation:
Payables Trial Balance Report lists and subtotals by supplier and liability account all unpaid and
partially paid invoices thatPayables transferred to the general ledger. Accounts Payable Trial Balance
Report helps to verify that total accounts payable liabilities in Payables equal to those in the Fusion
General Ledger.
References:
http://apps2fusion.com/oracle-fusion-online-training/fusion-applications/oracle-fusion-
financials/fusion-financials-training/1131-fusion-payables-how-to-generate-trial-balance-report
Question: 59
You need to have an invoice line automatically distributed across multiple cost centers. For example,
you want your monthly utility bill allocated across multiple cost centers based on a percentage.
Select two methods to achieve this. (Choose two.)
A. Configure Subledger Accounting rules to allocate costs.

B. Define a distribution set and assign it manually to the invoice.
C. Choose the ‘All Lines’ option from the Allocate menu in the invoice line area.
D. Define a distribution set and assign it to the supplier.
Answer: A,B
Explanation:
A: Account Rules by Segment

Define segment rules to derive a specific segment of the general ledger account. For example, a
particular segment like the company segment can be determined from the distribution account.
Another segment can be determined with the use of a constant value. Creating the account one
segment at a time offers greater flexibility, but also requires more setup.
C: You can use a Distribution Set to automatically enter distributions foran invoice when you are not
matching it to a purchase order. For example, you can create for an advertising supplier a Distribution
Set that allocates advertising expense on an invoice to four advertising departments.
References:https://docs.oracle.com/cd/A60725_05/html/comnls/us/ap/distsets.htm
Question: 60
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.
Answer: A
Explanation:
Question: 61
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 pays only $200 USD alone.

B. The payment process request applies $200 USD of the credit memo to the invoice, leaving a
remaining credit of $25 USD, and creates a payment for $0 USD.
C. The payment process request creates a refund for $225 USD and leaves the invoice unpaid.
D. 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.
Answer: B
Explanation:
When you submit a "payment process request", you can enable the Apply credits up to zero amount
payment option. Enablingthe option causes the payment process to apply credits when the credits
The following scenario illustrate the impact of this option.

An invoice for 200 USD and a credit memofor 225 USD are due for payment.
The following table describes the payment processing that occurs based on the setting for the Apply
credits up to zero amount payment option.

A68816F77
Question: 62
You have modified your tax setup and want to test the changes on actual Payables transactions. How
do you validate before enabling for transaction?
A. by creating accounting in draft mode

B. by changing the tax status to test and then entering a payables invoice
C. by creating a payable invoice, and by validating and reviewing the tax application
D. Oracle Transactional Business Intelligence (OTBI)
E. by using Tax Simulator to test
Answer: E
Explanation:
Run taxes from all applicable tax regimes against a sample transaction to verify that your tax
configuration and tax rules were created and applied according to yourrequirements. You can either
create a sample transaction within Tax Simulator or copy an existing transaction. The simulated tax
calculations do not affect live data.
Note:The Tax Simulator is a tool for simulating the tax determination process in your tax setup. The
Tax Simulator lets you preview the workings of your tax configuration before you perform tax
calculations on live transactions in a subledger application. TheTax Simulator also allows you to test
new tax configuration in conjunction with existing tax configuration to preview the resulting tax
calculation. The Tax Simulator is a useful tool to identify the root cause when tax calculation is not
what is expectedon live data.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAFTT/F1006654AN226D8.htm
Question: 63
Your customer matches their invoices to a purchase order and have noticed that the payment terms
are defaulting 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 the payment 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 those
suppliers.
E. Enter the payment terms in the Manage Invoice Options page so they default onto the invoice.
Answer: D
Explanation:
Question: 64
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.
Answer: A, D,E
Explanation:
D: (not C): You can enter a credit memo against a fully billed purchase order (use negative quantity
amounts to enter a credit memo), as well as invoice against multiple purchase orders. However, the
currency and organization of all items on an invoice must be the same. The organization is the entity
within the buyer'scompany that you are invoicing.
IncorrectAnswers:
E: After you submit an invoice, you cannot change the invoice.
Question: 65
Before you can configure payment approval rules, your company must define a payment approval
policy. Which three are done by the payment approval policy? (Choose three.)
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 a list of approvers who review payments and make final payment decisions.
D. It defines when to initiate the payment approval process.
E. It determines which payments must go through the payment approval process.
Answer: B,C,D
Explanation:
Question: 66
You created a payment and before it is cashed by the supplier you mistakenly submitted a request to
stop payment. Later you canceled the request to stop payment. What is the resulting payment
status?
A. Voided
B. Negotiable
C. Stop initiated
D. Available
E. Canceled
F. Cleared
Answer: B
Explanation:
To release a stop on a payment:
References:https://docs.oracle.com/cd/A60725_05/html/comnls/us/ap/adjpmt04.htm
Question: 67
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
Answer: A
Explanation:
A supplier is modeled as a global entity, meaning it is not created within a business unit or any other
organizational context. A procurement business unit establishes a relationship with asupplier
through the creation of a site which maintains internal controls for how procure to pay transactions
are executed with the supplier. The other entities of the supplier profile capture mostly external
information that is provided by the supplier, such as taxidentifiers, addresses, contact information,
and so on.
References:https://docs.oracle.com/cd/E51367_01/procurementop_gs/OAPRC/F1007476AN106E5.h
tm
Question: 68
Which attributes on the payables invoice can be used during approval rule creation?
A. company segment, cost center segment, supplier, and Attribute 1 on the invoice line
B. company and cost center segment only
C. supplier only
D. cost center segment and supplier only
Answer: A
Explanation:
Question: 69
Identify three scenarios where you are not allowed to cancel an invoice. (Choose three.)
A. Prepayments were applied to the invoice.

B. An accounting entry has been created for the invoice.
C. The invoice is validated.
D. The invoice is fully or partially paid.
E. The invoice was adjusted by a credit or a debit memo.
Answer: A,D,E
Explanation:
Why can't I cancel an invoice?
The invoice is:
Additional reasons thatyou can't cancel an invoice are as follows:
You can cancel any unapproved invoice, or an approved invoice that does not have anyeffective
payments or posting holds.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011878.htm#FAPPP1
011878
Question: 70
You want to customize the Payables Invoice Register template to only display invoices when the
Supplier name is Company
A. Supplier name is a group that repeats on every page.
Which is the correct way to customize the template?
A. Insert the syntax <?if:VENDOR_NAME= ‘COMPANY A’?> before the Supplier field on the template.
Then, enter the <?end if?> tag after the invoices table.
B. Insert the syntax <?if:condition?> before the Supplier field and then enter the closing tag
</<?if:condition?>.
C. Insert the syntax <?if:’COMPANY A’?> before the Supplier field and then enter the closing tag
</<?if:COMPANY A?> after the invoices table.
D. Hard code Supplier Name “Company A” in the report template and only invoices for that supplier
will be displayed.
Answer: D
Explanation:
Use an if statement to define asimple condition; for example, if a data field is a specific value.
Insert the following syntax to designate the beginning of the conditional area.
<?if:condition?>
Insert the following syntax at the end of the conditional area: <?end if?>.
References:https://isu.ifmo.ru/docs/XMLP/help/en_US/htmfiles/B25951_01/T421739T421743.htm
Question: 71
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. Manually enter the 1099s for the State and submit.

B. Generate a 1096 form and submit it instead.
C. Run and submit your 1099s because it will automatically reflect any changes.
D. Edit the 1099 template to reflect the changes, and then run and submit the 1099 report.
Answer: D
Explanation:
Question: 72
While entering an expense report for your corporate card transactions, you notice that the
conversion rate defined in the Manage Conversion Rates and Policies page is not used.
What is the reason?
A. You did not define conversion rates for your business unit.
B. You did not specify a default expense template.
C. Only cash transactions use those settings.
D. You did not define conversion rates in the General Ledger Cloud.
Answer: C
Explanation:
Conversion rate behavior applies only to cash expenses, not to corporate card expenses.
References:https://docs.oracle.com/cd/E60665_01/financialscs_gs/FAIEX/F1456644AN125F2.htm
Question: 73
What are the two advantages of using a spreadsheet for correcting invoice import errors? (Choose
two.)
A. identification of errors with clear error messages at the invoice header and line levels
B. ability to enter a high volume of invoices via a spreadsheet
C. ability to correct errors and re-import invoices directly from a spreadsheet
D. identification of errors with clear error messages at the invoice header level only
E. ability to correct errors within the spreadsheet and send invoice corrections for approval
Answer: B,C
Explanation:
A: You can fix the interface table data using the Correct Import Errors spreadsheet and resubmits the
import process.
E: Consider using the spreadsheetto:
Expedite high volume invoice entry for simple invoices that don't require extensive validation.
Create invoices with similar lines.
Maximize the use of spreadsheet features, such as copy and paste, or hide and unhide.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011878.htm
Question: 74
What data can you find in an Oracle Transactional Business Intelligence subject area attribute
column?
A. values that are organized into parent-child relationships

B. data that is metric and can be added up or aggregated
C. information about a business object with values that are dates, Ids or text
D. data that provides a measure of something
Answer: C
Explanation:
Question: 75
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.
Answer: A
Explanation:
Question: 76
Which three are subject area subfolders that report Payables reconciliation differences to General
Ledger? (Choose three.)
A. Reconciliation Payment Details

B. Reconciliation Prepayment Application Details
C. Reconciliation Invoice Details
D. Reconciliation Invoice Hold Details
E. Reconciliation Invoice Request Details
Answer: A,B,C
Explanation:
Question: 77
An Office supplies company requires an advance payment of $8000 for the office supplies you wish to
order. You enter and pay a prepayment type invoice for $8000. You enter the standard invoice to
book the expense which totals $10000 and you apply the prepayment to the standard invoice.
What are the accounting entries for that standard invoice with the prepayment application?
A. Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.The prepayment

application has no impact on the Invoice.
B. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment
application - Dr AP Liability 8000 Cr Prepayment Account 8000.
C. Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.Prepayment
application - Dr Expense Account 8000 Cr Prepayment Account 8000.
D. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment
application - Dr AP Liability Account 2000 Cr Prepayment Account 2000.
Answer: A
Explanation:
Question: 78
Your company policy requires imaged receipts for expense reports.

Which two statements are true about the association of a receipt to an expense report? (Choose
two.)
A. Employees are not reimbursed for expense report expenditures until missing or overdue imaged
receipts are submitted.
B. Users can maintain scanned receipts in a central repository and provide a reference number in the
expense report.
C. Receipts are not required if the expense item falls within Per Diem Rates.
D. An expense report may require original, imaged, or both types of receipts.
Answer: B,D
Explanation:
Question: 79
Which reporting tool is used to report on real-time data?
A. Essbase Cube
B. Smart View
C. Oracle Business Intelligence Publisher
D. Oracle Financial Reporting Studio
E. Oracle Transactional Business Intelligence (OTBI)
Answer: E
Explanation:
Question: 80
A Bill Payable document was paid but has not yet matured.
What is the status of the payment?
A. In Transit
B. Cleared
C. Negotiable
D. Issued
Answer: D
Explanation:
Question: 81
Which job role has full access to perform all Functional Setup Manager related activities?
A. Application System Administrator

B. Any Functional User
C. Functional Setup Manager Superuser
D. IT Security Manager
E. Application Implementation Consultant
Answer: E
Explanation:
Question: 82
You purchased a computer from Company A for 2000 USD. Company B ships you the computer with
freight charges of 100 USD. You would like the cost of the computer to include those freight charges.
How can you achieve this?
A. Choose Match to Receipt.

B. Enter the Invoice manually and add the freight line.
C. Choose to Match to Receipt Charges.
D. Choose to Match to Invoice Lines.
E. Choose to Match in full to the Purchase Order.
Answer: C
Explanation:
Question: 83
You need to create a recurring expense for one of your regular expenses.
Which three are frequencies that you can choose for these types of expenses? (Choose three.)
A. Weekly
B. Monthly
C. Bimonthly
D. Biweekly
E. Annually
Answer: A,B,D
Explanation:
Question: 84
What is the recommendation when setting up Reconciliation Rule Sets?
A. One to One rules should be sequenced below rules of other types.

B. Many to Many rules should always be used last in the sequence.
C. One to One rules should be sequenced above rules of other types.
D. Many to Many rules should always be used first in the sequence.
Answer: C
Explanation:
Question: 85
Your client company wants to ensure that the payments they are sending to their financial institution
are valid and formatted correctly. They would like to identify any validation failures as early in the
process as possible.
Where would you suggest the validations are set?
A. Supplier Site
B. Payment Method
C. Payment Format
D. Payment Terms
E. Disbursement Bank Account
Answer: B
Explanation:
Question: 86
Which three are Invoice Header attributes that can be used during invoice approval rule creation?
(Choose three.)
A. Business Unit Name

B. Pay Group Lookup Code
C. Statistical Amount
D. Requester Name
E. Accounting Date
Answer: A,B,E
Explanation:
Question: 87
You need to create a payment for a supplier before the next payment run. The invoice you wish to
pay is not available for selection in the Create Payment page.
Which two are possible reasons for this? (Choose two.)
A. The payment supplier site is different to the supplier site on the invoice.
B. The invoice is not yet due.
C. The invoice is not validated.
D. The payment method for the invoice is Electronic.
E. The invoice is not accounted.
Answer: B, C
Explanation:
Question: 88
Which three are supported image formats for the Integrated Imaging solution? (Choose three.)
A. RTF
B. JPEG
C. TIFF
D. XLS
E. PNG
Answer: B,C,E
Explanation:
Question: 89
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
Answer: D
Explanation:
Question: 90
Which three are valid reasons why you cannot close your Payables period? (Choose three.)
A. Bills payable requiring maturity

B. Unaccounted invoices and payments
C. Suppliers on payment holds
D. Unapplied prepayments
E. Incomplete payment files
Answer: A, B, E
Explanation:
Question: 91
Which three reports are generated by the export setup data process? (Choose three.)
A. Exported Business Object Report

B. Process Results Report
C. Process Results Summary Report
D. Process Results Detail Listing Report
E. Setup Data Report
Answer: B,C,E
Explanation:
Question: 92
Which three are invoice types that can be entered using the Supplier Portal? (Choose three.)
A. Invoices that are automatically created when the supplier creates an ASN for drop shipments
B. B2B XML invoices
C. Non purchase order matched invoices
D. Invoices that are created from the Evaluated Receipt Settlement (ERS) process
E. Purchase order matched invoices
Answer: B,D,E
Explanation:
Question: 93
You need 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. SingleTypeParticipantInParallelModeRuleSet
B. FyiTypeParticipantInParallelModeRuleSet
C. InvoiceApprovalRuleSet
D. ParallelTypeParticipantInParallelModeRuleSet
Answer: D
Explanation:
Question: 94
XYZ Supplier has third party relationships defined with ABC Supplier and ACME Corporation.
However, when reviewing the invoice installments for XYZ Supplier the payables specialist is unable
to override the remit-to supplier name and address on the Invoice installments.
What is the reason for this?
A. The option 'Allow remit-to supplier override for third-party payments' is not checked in the Invoice
Options page for the business unit.
B. The option 'Allow remit-to supplier override for third-party payments' is not checked in the
Common Options for Payables and Procurement page for the business unit.
C. The option 'Allow remit-to supplier override for third-party payments' is not checked in the
Payment Options page for the business unit.
D. The option 'Allow remit-to supplier override for third-party payments' is not checked in the
Disbursement System Options page for the business unit.
Answer: A
Explanation:
Question: 95
Your client company has two business units and requires the Payables Specialist to process invoice
transactions for both business units.
What setup is required to achieve this?
A. a Self-Service Service Provider Model

B. a Dedicated Service Provider model
C. Business Unit Security
D. a Dedicated and Self-Service Service Provider Model
Answer: C
Explanation:
Question: 96
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 request.
Answer: C, D
Explanation:
Using the Resolve Document Validation Errors Page, you may review the errors and takeaction. You
may fix related data, such as third party payee information, and submit the documents for
revalidation. You may also remove documents from the Payment Process Request, which sends the
documents back to the source product with the validation failure reason, just as rejection does.
Question: 97
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. Use segment valuesecurity rules to secure access to business units.

B. Assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles to
each Expense Auditor.
C. Assign the Expense Auditor as the owner of each business unit.
D. Assign the Expense Auditor job roles to each auditor.
Answer: B
Explanation:
You can enable expense auditors to audit expense reports for specific business units by assigning
them specific expense auditor data roles for the business units. For example, to allow an expense
auditor toaudit expense reports for the Vision Operations and Vision Services business units, assign
the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles, respectively,
to the expense auditor.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAWDE/F1005004AN1204B.ht
Question: 98
Your customer has requested a modification to the payment file to meet the acceptable bank
standards. The changes were based on a format of a seeded payment process profile which is already
in use. The only changes made are to the field positions. What two steps can make these changes
work?
A. No change in the template is needed as we can achieve this using user-defined validations to
move the positions as required.
B. Keep the payment process profile and leave the format programs unchanged.
C. Copy and modify the existing template to alter the positions as requested by the bank.
D. Create a newpayment process profile and a new format program.
E. Create a new template to make changes as requested by the bank.

F. Oracle Data Integrator or Golden Gate can be used to map the fields as required.
Answer: C, E
Explanation:
Question: 99
What is the name of the Work Area that is used to access Functional Setup Manager?
A. Functional Work Area

B. Functional Setup Manager
C. Customization Manager
D. Setup and Maintenance
E. Customize Setup and Maintenance
Answer: D
Explanation:
All Oracle Functional Setup Manager functionality is available from the Setup and Maintenance work
area.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FACSF/FACSF1004385.htm
Question: 100
You need to enter a high volume of users into the system. What is Oracle’s recommendation to do
this?
A. Use the Enter a Supplier user interface and enter each user manually.
B. Use the Hire an Employee user interface and enter each user manually.
C. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import
users into Cloud Applications.
D. use the spreadsheet of Oracle Identity Manager (OIM) to import users.
Answer: C
Explanation:
If you have batch of users that have to be created, the Oracle team can bulk load the users into the
OIM Application.
References:http://docs.oracle.com/cd/E79623_01/rms/pdf/160C/html/admin_guide/tasks.htm
Question: 101
An installment meets all of the selection criteria of a Payment Process Request but it still did not get
selected for payment processing. Identify two reasons for this.
A. The pay-through date is in a closed Payables period.

B. The pay-through date is in a future period.
C. The invoices need revalidation.
D. The invoice has not been accounted.
E. The installment was manually removed.
Answer: AC
Explanation:
An installment can meet the selection criteria of a payment process request, yet not get selected for
payment for one or more reasons.
You can review installments that were not selected for payment, along with the reasons they were
not selected, on the Not Selected tab of the Review Installments page.
The reasons are as follows:
References:https://docs.oracle.com/cd/E37017_01/doc.1115/e22897/F438410AN16238.htm
Question: 102
You have 10 ledgers and 30 business units and want to leverage Preference Data Sets. What is the
function of Reference Data Sets?
A. allow you to secure data by business unit

B. allow you to assign multiple business units to users in a shared service center
C. allow you to maintain sets of related data in a Data Dictionary
D. allow you to share reference data, such as payment terms, across multiple business units to avoid
redundant setup
Answer: D
Explanation:
Reference Data Sets

You begin this part of your implementation by creating and assigning reference data to sets. Make
changes carefully as changes to a particular set affect all business units or application components
using that set. You can assign a separate set to each business unit for the typeofobject that is being
shared. For example, assign separate sets for payment terms, transaction types, and sales methods
to your business units.
Your enterprise can determine that certain aspects of your corporate policy can affect all business
units. The remaining aspects are at the discretion of the business unit manager to implement. This
allows your enterprise to balance autonomy and control for each business unit. For example, your
enterprise holds business unit managers accountable for their profitand loss, but manages working
capital requirements at a corporate level. In such a case, you can let managers define their own sales
methods, but define payment terms centrally. In this example:
Each business unit has its own reference data set for salesmethods.
One central reference data set for payment terms is assigned to all business units.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAIGL/FAIGL1493157.htm#FAIGL94
314
Question: 103
You have created your first implementation project. You have assigned the Application
Implementation Consultant role to your user. However, you are unable to create and add roles to
users in Oracle Identity Management (OIM).
This issue is caused because you did not assign the .
A. Superuser role to your user

B. IT Security Manager role to your user
C. Application Implementation Manager role to your user
D. Line Manager role to your user
Answer: C
Explanation:
For an implementation to begin, at least one user must be provisioned with the Application
Implementation Manager role, and another or the same user must be provisioned with the
ApplicationImplementation Consultant role. The Application Implementation Consultant has broad
access to set up all enterprise structures.
Question: 104
You want your expense auditors to audit only expenses reports for specific business units. How do
you do this?
A. Create your own audit extension rules that correspond to the business unit.
B. Assign the auditors’ specific data roles for the corresponding business units.
C. Create a custom duty role and assign the data roles to each auditor.
D. Make auditors the managersof the corresponding business unit to route expense reports properly.
Answer: B
Explanation:
You can enable expense auditors to audit expense reports for specific business units by assigning
them specific expense auditor data roles for the business units. For example,to allow an expense
auditor to audit expense reports for the Vision Operations and Vision Services business units, assign
the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles, respectively,
to the expense auditor.
Question: 105
You have assigned additional roles to an existing user. However, the new roles are not appearing for
the user in their Navigator menu. What should you check?
A. Make sure you can query the user using Oracle Identity Manager (OIM) and the roles are assigned.
B. Make sure you can query the user from the Manage Users page and verify the roles assigned.
C. Make sure you ran the Retrieve Latest LDAP Changes program.
D. Make sure the user logs out and logs back in.
Answer: C
Explanation:
Oracle Identity Management maintains Lightweight Directory Access Protocol (LDAP) user accounts
for users of Oracle Fusion Applications. Oracle Identity Management also stores the definitions of
abstract, job, and data roles, and holds information about roles provisioned to users.
Most changes to user and role information are shared automatically by Oracle Applications Cloud
and Oracle Identity Management. No action is necessary to make this exchange of information
happen.
However, you must run the processes Send Pending LDAP Requests and Retrieve Latest LDAP
Changes to manage some types of information exchange between Oracle Applications Cloud and
Oracle Identity Management.
References:https://docs.oracle.com/cd/E60665_01/common/FASER/FASER1345802.htm
Question: 106
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.
Answer: C,D,E
Explanation:
With Oracle Fusion Functional Setup Manager you can:
References:https://docs.oracle.com/cd/E56614_01/common_op/OAFSM/F1166427AN1007E.htm
Question: 107
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
Answer: A,B,D
Explanation:
For Payables invoice processing, PO number, supplier, invoice number, invoice amount, invoice date,
customer taxpayer ID, and business unit are extracted as part of the predefined configurations.
This figure shows the Scanned information tileon the Invoices landing page.
References:http://docs.oracle.com/cd/E36909_01/fusionapps.1111/e20375/F569958AN60E65.htm
Question: 108
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.
Answer: B,C
Explanation:
Define intercompany system options to set up intercompany processing rules at the enterprise level,
based on your specific business needs.
Minimum Transaction Amount
The minimum transaction amount represents a minimum threshold intercompany transaction

amount, and prevents the submission of immaterial transactions for small amounts, which are non-
value added. In order to implement this rule, you must select a minimum transaction currency for
processing intercompany transactions. These two system options must be related to ensure that
when comparing a transaction amount to the minimum transaction amount, the two numbers are
entered in the same currency, allowing for an accurate comparison.
References:https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49599/F1110451AN99BEF.ht
m
Question: 109
Your customer has an electronic payment format program in use and wants all the documents to use
the pay group “Domestic”. What should you do to achieve this?
A. Define a user validation at the format program to include: Field “Document pay group”, condition
“Equal to String”, value “Domestic”, and Field “Document pay group”, condition “Required” and value
– not applicable.
B. Define a user validation at the format program to include: Field “Document pay group”, condition
“Equal to String”, and value “Domestic”.
C. Modify your template to hard code the value “Domestic” for the pay group position.
D. Define a user validation at the formatprogram to include: Field “Document pay group”, condition
“Equal to String”, value “Domestic”, and Field “Format Program Code”, condition “Equal to String”
and value – as desired.
Answer: B
Explanation:
User-Defined Validation That Checks a Specific Condition and Value
References:https://docs.oracle.com/cloud/farel9/financialscs_gs/FAIPP/F1469799AN17B6B.htm
Question: 110
A company has a requirement to pay small suppliers outside of Payables, but it does not want to
manually record each payment.
Which solution should you implement?
A. Create payments by using the Check Payment method for those suppliers and then destroy those
checks.
B. Create payments by using Electronic Funds Transfer (EFT) for those suppliers but do not send the
electronic file to the bank.
C. Create payments by using a clearing payment method for thosesuppliers because this payment
method does not generate a file.
D. Create a payment by using a wire payment method for those suppliers.
Answer: D
Explanation:
When you create a payment outside of Payables, for example, using a typed check or wire transfer,
within Payables you can record the payment and update the invoices that you paid.
Question: 111
You applied 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 new invoice 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.
Answer: B
Explanation:
When you apply a prepayment to an invoice, the tax rate at the time of prepayment may differ from
the tax rate at the time that the prepayment is applied to an invoice. Oracle Fusion Tax considers the
tax calculated on the prepayment according to the value assigned to the Applied Amount Handling
option in the tax record. The values are Recalculated and Prorated.
For example, you apply a prepayment amount of 5,000 USD to an invoice with a total amount
of10,000 USD. At the time of prepayment, the applicable tax rate was 5% (250 USD tax on the
prepayment); at the time of invoice creation, the applicable tax rate is 10%. Tax is calculated in this
way:
* Recalculated: The tax is recalculated on the prepayment using the invoice tax rate and the same tax
rate is applied to the invoice line amount. The tax calculation creates two tax lines: one for the
invoice line amount and one for the prepayment with a negative amount. In the invoice example, the
calculationcreates an invoice line amount tax line of 1,000 USD (10% * 10,000 USD) and a
prepayment tax line of -500 USD (10% * -5000 USD). This reverses tax calculated on the invoice for
the prepayment amount applied. The tax calculated on the prepayment is retained.
* Prorated:Etc.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAFTT/F1006655AN242EE.htm
Question: 112
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
Answer: B
Explanation:
The eText template is used specifically for electronic data interchange (EDI) and electronic funds
transfer(EFT).
References: https://docs.oracle.com/cd/E56614_01/common_op/OAEXT/F1203011AN1CABC.htm
Question: 113
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
Answer: B, F
Explanation:
Select ERS and Use in the Transaction source parameter when running the Pay on Receipt Auto-
invoice concurrent program.
You enable paying your supplier by selecting a method on the Purchasing tab of the Supplier Sites
window in Oracle Payables.
Reference: https://docs.oracle.com/cd/E26401_01/doc.122/e48822/T260819T260826.htm
Question: 114
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
Answer: C
Explanation:
Reference: https://support.oracle.com/knowledge/Oracle%20Cloud/2614860_1.html
Question: 115
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
Answer: C
Explanation:
The corresponding place of supply differs based on the type of transaction. For example, a place of
supply of Ship to corresponds to the location of your first-party legal entity for Payables transactions.
For Receivables
transactions, Ship to corresponds to the location of your customer site.

Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faitx/tax-
configuration.html#FAITX223758
Question: 116
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 for specific 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
Answer: C
Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/ocuar/oracle-fusion-cash-
management-reports.html#OCUAR1440972
Question: 117
You need to have your invoice line automatically distributed across multiple cost centers. For
example, you want your monthly utility bill allocated across multiple cost centers based on a
percentage.
Which two are valid methods to achieve this? (Choose two.)
A. Choose the 'All Lines' option from the Allocate menu in the invoice line area.
B. Define a distribution set and assign it to the supplier.
C. Define a distribution set and assign it manually to the invoice.
D. Define a payment term and assign it to the invoice.
Answer: C, D
Explanation:
Question: 118
Your client wants to retrieve values for the account code based on the invoice line description. For
example, Invoice Line Description = Laptop then Account Code = 5670.
Which Subledger Accounting option would you use to achieve this?
A. Mapping Set
B. Description Rule
C. Supporting References
D. Event Class Settings
E. Transaction References
Answer: B
Explanation:
If you're matching to a purchase order and don't enter a value, the import process uses the item
description from the purchase order line.
Reference:
https://docs.oracle.com/en/cloud/saas/financials/21a/fappp/invoices.html#FAPPP592120
Question: 119
Which two tools can you use to build layouts for BI Publisher reports? (Choose two.)
A. Report Developer
B. BI Composer
C. Template Builder for Word
D. Layout Editor
E. BI Answers
Answer: A, D
Explanation:
Oracle BI Publisher report development requires specialist developer resources to build / modify the
XML layout designs.
layout editor – Helps you to easily create report layouts directly in a web browser or with familiar
desktop tools, such as Microsoft Word, Microsoft Excel, or Adobe Acrobat.
Reference: https://www.enginatics.com/blog/how-to-quickly-create-or-modify-oracle-e-business-
suite-bi-publisher-based-reports/
https://dataterrain.com/advantages-of-oracle-bi-publisher/
Question: 120
When working with reference data sets in Payables, what reference data sharing method can you use
for Payables Payment Terms?
A. Assignment to one set only; no common values allowed

B. Assignment to one set only with common values
C. Assignment to multiple sets with common values allowed
D. Assignment to multiple sets; no common values allowed
Answer: D
Explanation:
Assignment to multiple sets, no common values allowed. The method of sharing reference data that
allows a reference data object instance to be assigned to multiple sets. For instance, Payables
Payment Terms use
this method.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faigl/reference-data-
sharing.html#FAIGL462453
Question: 121
In the Business Intelligence Publisher (BIP) report layout properties page, when you click Extract
Translation, the BIP publisher extracts the translatable strings from the BIP report template and
exports them into which
format?
A. .doc (Word file)

B. .pdf (Acrobat reader file)
C. .xls (Excel file)
D. .xlf (XLIFF file)
Answer: D
Explanation:
BI Publisher extracts the translatable strings from the template and exports them to an XLIFF (.xlf
file).
Reference: https://docs.oracle.com/cd/E29542_01/bi.1111/e22255/translations.htm#BIPAD377
Question: 122
Which two invoice types can have a status of Incomplete? (Choose two.)
A. Supplier Portal Invoices which are rejected and resubmitted for approval
B. Scanned Invoices with incomplete or missing information
C. Scanned Invoices which are rejected during import
D. Prepayment Invoices which are fully paid but not applied against any invoice
E. Supplier Portal Invoices which are saved but not yet submitted
Answer: A, B
Explanation:
As a Supplier user, you can now edit and resubmit invoices that are rejected from the approval users
during the invoice request approval process.
An incomplete invoice is an invoice created from an image that has invalid or missing information.
Reference:
https://docs.oracle.com/en/cloud/saas/financials/21c/fappp/invoices.html#FAPPP114315
Question: 123
You use corporate cards with expenses and have implemented the Company Pay payment option. An
employee incurred the following expenses.
What is the resulting payment amount made to the employee for these expenses?
A. 1449
B. 201
C. 949
D. 500
Answer: C
Explanation:
Company Pay: Your company pays the corporate card issuer for all transactions.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faiex/credit-card-
data.html#FAIEX166577
Question: 124
Your client wants the subledger journal entry description to be transferred to general ledger.
Which two could be used to enable this? (Choose two.)
A. Set the General Ledger Journal Entry Summarization option to Summarize by general ledger
period
B. Set the General Ledger Journal Entry Summarization option to Group by general ledger period
C. Set the General Ledger Journal Entry Summarization option to Group by general ledger date
D. Set the General Ledger Journal Entry Summarization option to Summarize by general ledger date
Answer: A, D
Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faisl/subledger-accounting-
setup.html#FAISL1025380
Question: 125
You are evaluating the predefined expense report approval rules within your test environment to see
if they meet current business requirements.
Which three rule sets are part of the predefined setup? (Choose three.)
A. Approval by Cost Centre owners in parallel or serial mode

B. Approval by supervisor based on expenses type amount
C. Approval by Project Manages in parallel or serial mode
D. Approval by supervisor based on report amount
E. Approval by a Group based on report amount in parallel or serial mode
Answer: A, C, D
Explanation:
Approval by cost center owners in parallel mode

Approval by cost center owners in serial mode
Approval by project managers in parallel mode
Approval by project managers in serial mode
Approval by supervisor based on report amount
Reference: https://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20375/F569964AN58859.htm
Question: 126
A Payables user creates a manual invoice and a Withholding Tax Classification Code defaults on the
invoice line when the invoice is saved.
Where does this Withholding Tax Classification Code default from?
A. From the Party Tax Profile of the Third Party Site

B. From the Manage Tax Reporting and Withholding Tax Options
C. From the Income Tax region of the Supplier
D. From the Site Assignments of the Supplier Site
Answer: B
Explanation:
Set withholding tax options on the Manage Tax Reporting and Withholding Tax Options page and on
the supplier setup.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faipp/payables-tax-and-
withholding.html#FAIPP206035
Question: 127
During an expense audit the auditor marks an expense item that is missing a receipt to be Short Paid.
They choose to complete the audit and warn the user.
Given that the Expense Report Audit Approval is set to After Manager Approval, what two are valid
results of the auditor action? (Choose two.)
A. New expense report containing disallowed expense items is immediately created.

B. Approved part of the expense report is not eligible for expense reimbursement.
C. The approved part of the expense report is eligible for expense reimbursement.
D. New expense report containing disallowed expense items is not created until manager approves
the short payment.
Answer: A, B
Explanation:
New expense report containing disallowed expense items is immediately created.

Expense report isn't eligible for expense reimbursement.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/fawde/expense-report-
audit.html#FAWDE1119039
Question: 128
The Government has introduced a new reduced tax recovery rate for certain services. You need to
amend the configuration for your current tax regime to reflect this change.
Which three setups will you need to complete? (Choose three.)
A. Setup a new tax

B. Setup a new tax rate
C. Setup a new recovery rate
D. Setup a new tax rule
E. Setup Determining Factor and Condition Sets
F. Setup a new status
Answer: B, D, F
Explanation:
Set up details for the taxes of a tax regime. Each separate tax in a tax regime includes records that
are used to calculate and report on the tax, including:
Tax statuses
Tax rates
Tax rules
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faitx/tax-
configuration.html#FAITX1843284
Question: 129
A company has three legal entities each with a corresponding business unit all within the same
country. All organizations buy and sell the same products. You are configuring the tax setup.
What is the minimum number of Tax Regimes you need to configure for this company?
A. 2
B. 6
C. 1
D. 3
Answer: D
Explanation:
You must set up a separate tax registration to represent each distinct registration requirement for a
first party legal reporting unit.
Reference: https://docs.oracle.com/cd/E25178_01/fusionapps.1111/e20375/F527690AN1AA76.htm
Question: 130
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 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 be sent to User 1 for approval.
Answer: B
Explanation:
Question: 131
A company is centralizing their payment processing using the service provider model.
Which reporting level has to be used to run the Prepare Payables to General Ledger Reconciliation
report?
A. Run the Prepare Payables to General Ledger Reconciliation report at Ledger level.
B. Run the Prepare Payables to General Ledger Reconciliation report at Business Unit level.
C. Running the Prepare Payables to General Ledger Reconciliation report is NOT available when there
is a centralized payment processing.
D. Run the Prepare Payables to General Ledger Reconciliation report for combination of Ledger and
Balancing Segment Value.
Answer: B
Explanation:
Business unit if you implemented centralized payment processing using the service provider model.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/fappp/accounts-payable-
balances.html#FAPPP444518
Question: 132
Which two are true for Payables Payment Terms? (Choose two.)
A. When entering an Invoice, you will see Payment Terms assigned to the reference data set
associated with the Business unit on the invoice plus those associated with the common set.
B. You must assign the predefined payment term Immediate to the reference data set that is
assigned to the business unit before you can define common options for Payables and Procurement.
C. When entering an Invoice, you will see Payment Terms assigned to the reference data set
associated with the Business unit on the invoice but not those associated with the common set.
D. Each payment term can only be assigned to one reference data set.
Answer: A, B
Explanation:
Assigning a reference data set to a business unit: When you define a business unit, assign the
business unit a reference data set for the Payables Payment Terms reference group.
Before you define common options for Payables and Procurement, you must assign
the Immediate payment term to the reference data set for the business unit.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faipp/payables-
configuration.html#FAIPP772430
Question: 133
Which data is visible to a Payables user in the Payables to General Ledger Reconciliation report?
A. Data for all business units and one balancing segment in the ledger
B. Data for authorized business units only; no GL data is visible
C. Data for all business units and all balancing segments in the ledger
D. Data for authorized business units and GL data for all balancing segments in the ledger (unless
restricted)
Answer: A
Explanation:
Payables users can also see general ledger data for all balancing segment values in the ledger.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/ocuar/oracle-fusion-payables-
reports.html#OCUAR444681
Question: 134
A Payables supervisor wants to apply a prepayment to an invoice.
Which combination of invoice and payment currencies allow the application of a prepayment to an
invoice?
A.
Standard Invoice: Invoice Currency USD, Payment Currency GBP
Prepayment: Invoice Currency USD, Payment Currency AUD
B.
Standard Invoice: Invoice Currency USD, Payment Currency USD
Prepayment: Invoice Currency CAD, Payment Currency CAD
C.
Standard Invoice: Invoice Currency CAD, Payment Currency GBP
Prepayment: Invoice Currency USD, Payment Currency AUD
D.
Standard Invoice: Invoice Currency USD, Payment Currency CAD
Prepayment: Invoice Currency CAD, Payment Currency CAD
Answer: A
Explanation:
You can pay a prepayment in a currency that's different from the invoice currency. To apply that
prepayment to an invoice, the invoice must have the same invoice currency as the invoice currency of
the prepayment.
Reference:
https://docs.oracle.com/en/cloud/saas/financials/21a/fappp/invoices.html#FAPPP421516
Question: 135
A company has a requirement to default the disbursement bank account when submitting a Payment
Process Request.
Which two actions will accomplish this? (Choose two.)
A. Define the Disbursement Bank Account in the Payment tab at the supplier site level.
B. Create a Payment Process Request template that includes the Disbursement Bank Account.
C. Assign the Disbursement Bank Account to users to have the payment process default the bank
account.
D. Define the Disbursement Bank Account at the business unit level to have the payment process
derive the bank account.
E. Define the Disbursement Bank Account to the Payment Method in payment default rules.
Answer: B, D
Explanation:
Question: 136
You are testing the Payables to General Ledger Reconciliation report at the ledger level for your UK
Ledger, you have run and selected the extract for the report but the request returned the message no
data to display.
A. You did not specify the range of liability accounts to include in the extract.
B. The reconciliation flag has not been enabled for your liability accounts.
C. The financial category of Accounts Payable is not assigned to the liability accounts.
D. You did not select the business units associated to the UK Ledger.
Answer: C
Explanation:
Question: 137
In the implementation project, there is a requirement to add new transactional attributes to the
Expense Approver Report workflow notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose
two.)
A. The original Source

B. The Output types
C. The layout-template
D. The Data Model
E. The Style-Template
Answer: C, E
Explanation:
Style Template: Provides styles such as the type of lines and fonts to use in tables, or the font type,
size, and color to use for headings
Report: Contains a layout template that determines:
Which attributes appear in the notification, from the data model used for the report
What the notification looks like, leveraging components from the subtemplate and styles from the
style template used for the report
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faiex/expenses-
configuration.html#FAIEX2657210
Question: 138
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
Answer: A, C, D
Explanation:
Typically General Ledger users are secured by data access sets. Data access sets use primary
balancing segment values to secure access to ledgers, ledger sets, and portions of ledgers. Payables
users are secured
by business units.
For the Payables to General Ledger Reconciliation report:
General Ledger users can see general ledger data for the balancing segment values in their data
access set. General Ledger users can also see the Payables or Oracle Fusion Subledger Accounting
data for all
business units linked to the ledger.

Payables users can see the Payables and Subledger Accounting data for business units in their
security definition. Payables users can also see general ledger data for all balancing segment values
in the ledger.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/ocuar/oracle-fusion-payables-
reports.html#OCUAR444681
Question: 139
Your client is concerned that all expense reports are getting automatically approved by the expenses
system despite the setup of an Audit Selection Rule.
A. The audit selection rule has not been assigned in the system options page
B. The audit selection rule has not been assigned to the legal entity
C. Auditing has not been enabled in the system options page
D. An expenses template and type rule has not been setup
E. The audit selection rule has not been assigned to the business unit
Answer: E
Explanation:
Assign audit rules to business units.

Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faiex/expense-policies-and-
rules.html#FAIEX654018
Question: 140
You have evaluated the use of Oracle Maps Cloud service with Expenses for mileage calculation. The
decision is to use this feature.
How do you enable the feature?
A. Set the profile option ORA_EXM_ORACLE_MAPS to yes at the site level.

B. Set Enable Oracle Maps to yes in the expense mileage policies.
C. Set Enable Oracle Maps to yes in the expense report template.
D. Set Enable Oracle Maps to yes in the expenses system options.
Answer: B
Explanation:
Create a mileage policy, optionally include a commute deduction rule, and then assign the mileage
policy to an expense type to activate the policy.
Reference: https://docs.oracle.com/en/cloud/saas/financials/20b/faiex/implementing-expenses.pdf
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Which invoice types can be included in the Create Payment flow?

A. Standard, Credit Memo and Debit Memo

DE:The following options affect payment processing:

line from these suppliers.

Which method can you use to route payment approval rules?

A. Payable’s Automatic Offset

Navigation: Actions > Pay in Full.

A. yes, by canceling the payment process from the process monitor

You cannot terminate a Payment Instruction:

A. The pay-through date is in a closed Payables period.

(Optional) Setting the Remit-to Supplier Override Option

A. The user needs to specify which payment term to use.

A. Transfer the data to General Ledger.

D. Create Accounting for the invoice in Payables.

A. Supplier, Supplier Site Contacts, Supplier Site, Supplier Site Assignment

The following programs are used to import supplier information:

Suppliers Import Process

A. The invoices are placed on payment hold.

A. A payment that pays a prepayment that has been applied to an invoice.

A. Do not assign bank accounts to business units.

A. Customers cannot use invoice imaging in the Cloud.

What is the result of voiding a payment?

A. A stop payment request has been initiated to the bank.

Which is the Payables tool based on real-time data?

How will system evaluate the tolerances for expense reports?

D. System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100).

A. opens the relevant accounting period

A. Application Implementation Manager

A. Manage Invoices page

A. Make sure the Invoice Number is the same.

What's an invoice group?

The payment build program has completed but with errors.

A. Set the validation failure handling for documents to “show errors.”

A. Reimbursement of employee expense reports

A. open intercompany transactions

The types of exceptions reported are:

You submit a Payment Process Request with the following criteria:

Payment Date = December 5, 2018

What will be the resulting status of the installment and discount?

You submit a Payment Process Request with the following criteria:

What will be the resulting status of the installment and discount?

A. LE on the bank account should be different from the LE on the invoice.

Note: LE = legal entity

A. The expense report status remains Pending Payables Approval.

In Oracle Fusion applications, there are two types of subject areas:

Payment Process Request? (Choose two.)

The following scenario illustratethe impact of this option.

Assume that the “Apply Credits Up to Zero Amount” option is enabled.

A. All related interest invoices are reversed if previously created.

An expense report may require original, imaged, or both types of receipts.

The following scenario illustrate the impact of this option.

Assume that the “Apply Credits Up to Zero Amount” option is enabled.

A. The employee can manually release the hold.

Payment holds are released in the following ways: