1. 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 the reasons for this? Choose two

a. The payment method for the invoice is electronic

b. The invoice is not yet due
c. The invoice is not validated
d. The payment supplier site is different to the supplier site on the invoice
e. The invoice is not accounted

Ans. CD

2. Which two are classified self-billed invoice? (Choose two)

a. Customer refunds initiated from receivables

b. Evaluated receipt settlement (ERS) invoices
c. Invoice created through integrated imaging
d. Expense reports transferred from expenses
e. Debit memo created by the return to supplier feature
f. Invoice entered through the supplier portal

Ans. BE

3. You have enabled payment approval for your payment process request (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

ANS. A

4. Which three are supported image formats for the integrated imaging solution?(Choose three)

a. RTF
b. XlS
c. JPG
d. PNG
e. TIFF
 Ans. CDE

5. Which three are invoice Header attributes that can be used during invoice approval rule
creation(Choose three)

a. Requester Name
b. Business Unit Name
c. Statistical Amount
d. Pay Group Lookup Code
e. Accounting Date

ANS. ABD

6. What does the please of supplier rule values “Bill to Party” imply in oracle payables invoices?

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 for the Business Unit for the transactions

ANS. C

7. There are four key reports in cash management

What is the correct match for each report and description?

Reports
1. Cash to General Ledger reconciliation report
2. Bank Statement report
3. Cash in Transit report
4. Bank statement analysis report

Description

E. List of all transaction for a specific bank account, that has been remitted to bank but have not
been cleared

F. Display the bank statement that are used to analyze balances and transaction details

G. Display balances and transaction information for specific bank statement

 H. List 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

Ans. A

8. You have an invoice with payment term that has the following setting

 Day of Month = 15
 Cut off Day = 11
 Months Ahead=0
 Terms date of the invoice = January 12th

What will be the result due date for the invoice installment be?

A. Feb 15th
B. March 15th
C. Jan 15th
D. April 15th

Ans. A

9. You need to have your invoice line automatically distributed across multiple cost center For
example you want your monthly utility bills 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 Allocated menu in the invoice line area
b. Define a distribution set and assign it to supplier
c. Define a distribution set and assign it manually to the invoice
d. Define payment term and assign it to the invoice

Ans. BC

10. Your client want 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 reference

Ans. A

11. You have invoice with distributions across primary balancing segment that represent different
companies.

What features should you use if you want your system to automatically balance your invoice
liability amount across the same balancing segments on the invoice distributions?

A. Payables’ automatic offset

B. Payables’ allow reconciliation accounting
C. Subledger accountings account rules
D. Intercompany balancing
E. Suspense Accounting

Ans. A

12. Which two tools can you use to build layout for BI Publisher reports?(choose two)

A. Report developer
B. Bi composer
C. Template builder for word
D. Layout editor
E. BI answer

Ans. CD

13. In what order should the import process be run when importing suppliers

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

B. Any Order
C. Supplier, Supplier Address, Supplier Site, Supplier Site Assignment.
D. Supplier, Supplier site assignment, Supplier Site, Supplier Contact.

Ans. C

14. When working with reference data set in payables, what reference data sharing method can
you use for payables payment terms.

A. Assignment to one set only, no column values allowed.

B. Assignment to one set only with common values
C. Assignment to multiple set with common values allowed
D. Assignment to multiple set with no common vales allowed
 Ans. D

15. In the business intelligence publisher (BIP) report layout properties page, when you click extract
translatable string 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)

Ans. D

16. In which two ways does the invoice imaging solution work in the cloud? (Choose two)

A. Customers ask suppliers to send electronic invoices

B. Customers ask their suppliers to scan and email the invoice
C. Customers scan and store the invoice image on-premises and attach them during invoice
entry
D. Customers scan the invoice on-premises and email the image
E. Customer can not use invoice image in cloud

Ans. BD

17. Which two invoice types can have a status of incomplete? (Choose two)

A. Supplier invoice portal which are rejected and resubmitted for approval
B. Scanned invoice with incomplete or missing information
C. Scanned invoices which are rejected during import
D. Prepayment invoice which are fully paid but not applied against any invoice
E. Supplier portal invoices which are saved but not yet submitted

Ans. BE

18. You use corporate card with expenses and have implemented the company pay payment
option, as employee incurred the following expenses

Payment Method Amount

Cash Business Expenses 500
Corporate card Business Expenses 650
Corporate card Personal Expenses 299

A. 1449
 B. 201
C. 949
D. 500

Ans. B

19. You have successfully processed expense reports for reimbursement and have transferred the
information to payables

What is the next step before you pay them

A. Create a payment process request in payments

B. Create accounting for the invoice in payables
C. Validate the invoice in payables
D. Transfer the data to GL

Ans. C

20. Certain suppliers that your customer regularly deals with are exempt for tax

How should configure TAX for this

A. Enable the relevant supplier for Offset Tax and create a offset tax to remove the calculated
tax line from these suppliers
B. Define a tax status and rate for exempt, define a party financial classification of exempt,
Assignee it relevant supplier, and write-off rule to incorporate the exempt party Fiscal
classification.
C. Create a new tax regime for the exempted Tax and subscribe the exempted 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.

Ans B

21. XYZ supplier has third party relationships Defined with ABC Supplier and ACME ACME
Corporation. However, when reviewing the invoice instalments for XYZ suppliers the payables
specialist is unable to ov erride the remit to supplier name and the address on the
invoice instalments.
What is the reason for this?

A. The option “Allow remit to supplier third party payments is not checked in the common
options for payables and procurement page for the business unit.
B. The option “Allow remit to supplier third party payments is not checked in the payments
option page for the business unit.
C. The option “Allow remit to supplier third party payments is not checked in the invoice
option page for the business unit.
 D. The option “Allow remit to supplier third party payments is not checked in the Disbursement
system options

ANS: C

22. Your client wants the subledger journal entries 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

Ans: BC

23. Which three types of payments can you make if you have access to disbursement Process
Management Duty? (Choose three)

A. Supplier Payments
B. Customer Refund
C. Ad hoc Payments
D. Employee Advances
E. Reimbursement if employee expense reports

ANS: ABE

24. 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 predefined setup? (Choose three)

A. Approval by cost center owners in parallel or similar mode

B. Approval by supervisor based on expenses type amount
C. Approval by project manager in parallel or series mode
D. Approval by supervisor based on report amount
E. Approval by a group based on report amount in parallel to serial mode

ANS: ACD
25. A payable 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 code defaults 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 assignment of supplier

Ans: D

26. Payment process request was submitted and error was found in the payment file. The payment
file and the process were terminated

Which two statements are true? (choose two)

A. The status of payment file is cancelled

B. The status of each payment file is cancelled and the related documents are available for
future selection
C. The status of the payment file is terminated
D. The invoices are placed on the invoice hold
E. The status of each payment in the payment file is terminated

Ans: BC

27. During an expense audit the auditor marked an expense item that is missing a receipt to short
paid. They choose to complete the audit and warn the user.

Given that 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 expense report is not eligible for expense reimbursement.
C. The approved part of expense report is eligible for expense reimbursement.
D. New expense report containing disallowed expense items is not created until the manager
approves the short payment

Ans: AC

28. 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 spreadsheet and then validate, account, and post the invoice from the
spreadsheet.
B. Enter the invoice via spreadsheet, then, from the manage invoice page, query the invoice
validate it, create accounting, and then open the general ledger’s manage journals page and
post the accounting invoice journal entry.
C. Enter the invoice in the create invoice page. Then from action drop-down list, first the
validate option then the post to ledger option(Create accounting)
D. Enter and post manual journal entry directly into the journal ledger

Ans. C

29. What is the recommendation when setting up reconciliation rule sets?

A. Many to many rules should always used first in the sequence.

B. One to One rule should be sequenced the below rule of other types.
C. One to One rule should be sequenced the above rule of other types.
D. Many to many rules should always used last in the sequence.

Ans. C

30. The government has introduced a new 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 new tax rule
E. Setup determining factor and condition set
F. Setup new status

Ans. CDE

31. A Company has three legal entities each with a corresponding business unit all within same
country. 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

Ans: C

32. While processing an expense report the system places an payment hold on the expense report
 What are the two ways to release payment hold? (Choose Two)

A. Expenses automatically release the hold when the receipts are received and waived
B. The employee can manually release the hold from the notification
C. The expense auditor can manually release the payment hold at his discretion
D. The employee’s supervisor can manually release the hold from the notification
E. Payables manager can release payment hold in payables

Ans. AC

33. 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 invoice is created for $1000 and routes 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 the user for approval

Ans. B

34. A company is centralizing their payment processing using the service provider mode

Which reporting level has to be used to 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 and Business unit level
C. Run the prepare payables to General ledger reconciliation report is not available when there
is a centralize payment process
D. Run the prepare payables to General ledger reconciliation report for combination of ledger
and Balancing segment value

Ans. A

35. You have three procurement business unit, four requisition business unit and five sold to
business units

For which will the supplier registration flows be developed?

A. One business unit per supplier

B. Five sold-to business units
 C. Three procurement business units
D. Twelve business units for supplier
E. Four requisitions for business units

Ans. C

36. Which three are valid reasons why you cannot close payable periods? (Choose Three)

A. Bills payable requires maturity

B. Unapplied prepayments
C. Incomplete payment files
D. Supplier on payment holds
E. Unaccounted invoice and payments

Ans. ACE

37. 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 allocated to common set.
B. You must assign the predefined payment terms immediate to the reference data set that is
assigned to business unit before you can before you define common options for payables
and procurement
C. When entering an invoice, you will 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 terms can only be assigned to one reference data set

Ans. BC

38. Which data is visible to 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 authorizing the business unit only, no GL data is visible
C. Data for all business units and balancing segment in the ledger
D. Data for authorized business units and GL data for all balancing segment in the ledger(unless
restricted)

Ans. D

39. A Payables supervise want to apply a prepayment to an invoice?

Which combination of invoice and payment currencies allow the application of 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
Ans. A

40. An installment for $2000 is used for payment on July 31st , 2019 The installment has two
discounts. The first discount date is July 15th, 2019 for $150USD and second discount date is
June 30, 2019 for $50 USD

You submit a payment process request with the following criteria

 Payment date= June 20, 2019

 Pay through date= June 30, 2019
 Date Basis= Due Date

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

A. The installment is selected, and a discount of $50 USD is applied

B. The installment is not selected because the discount dates are before the pay through date
C. The installment is selected, and a discount of $150 USD is applied
D. The installment is selected, and no discount is applied
E. The installment is not selected because the due date is after the pay through date

Ans. E

41. A company has requirement to default the disbursement bank account when submit a payment
process request

Which two actions will accomplish this? (Choose two)

A. Define the disbursement bank account in the payment tab at supplier site level
B. Create a payment process request that includes the disbursement bank account
C. Assign the disbursement bank account to user to have the payment process default the
bank account
D. Define the disbursement bank account at business unit level to have the payment process
drive the bank account
E. Define the disbursement bank account to the payment method in the payment default rules

Ans. BD

42. Which report tool is used to report on real time data?

A. Oracle business intelligence publisher

B. Smart view
C. Oracle transactional Business intelligence (OTBI)
 D. Oracle financial reporting web studio
E. Essbase Cube

Ans. C

43. You are voiding a payment and selected cancel as the invoice Action. After performing void. You
noticed the invoice is not cancelled but has an invoice cancel hold on it.

What is the reason for this?

A. The invoice is already on hold

B. The invoice has been partially paid by another payment.
C. The invoice date is not in the current open period
D. The invoice accounting date is not in the current open period

Ans. B

44. Which method can you use to route payment approval rule?

A. Parallel
B. Approval Groups
C. Sequential
D. Serial and FYI (For your information)
E. Both partial and sequential

Ans. C

45. You are testing payables to general ledger reconciliation report at ledger level for your UK
Ledger, you have run and selected the extract for the report, but the request returns the
message no data to display

What is the reason for this?

A. You did not specify the range of liability account to include in extract
B. The reconciliation flag has not been enabled to your liability account
C. The financial category of accounts payable is not assigned to liability account
D. You did not select the business units associated to the UK Ledger

Ans. C

46. In the implementation project, there is requirement to add new transactional attribute to the
expense approval report workflow notification

Which two business integration 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

Ans. CD

47. Which three options are available to filter data when you submit prepayment to Ledger
reconciliation report? (Choose three)

A. Ledger Set
B. Supplier
C. Balancing segment value
D. Business unit
E. Natural account
F. Legal entity

Ans. CDE

48. 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)
C. System will calculate error tolerance as policy rate* (1+Warning Tolerance+ Error
tolerance /100)
D. System will calculate warning tolerance as policy rate* (1+Warning Tolerance/100) *
currency precision
E. System will use absolute amount tolerance setup to da validations

Ans. B

49. Your client is concerned the all expenses reports are getting automatically approved by the
expense system despite the setup of an audit selection rule.

What is the reason for this?

A. The audit selection rule has not been assigned in the system option page
B. The audit selection rule has not been assigned to the Legal entity
C. Auditing has not been enabled to 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

Ans. E

50. You have evaluated the usage of oracle maps cloud service with expenses for milage
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 expense milage policies
C. Set Enable Oracle Maps to yes in expense report template
D. Set Enable Oracle Maps to yes in expense system options

Ans. D

51. An installment meets all the selection criteria of payment process request, but it still does not
get selected for payment processing

What are the two reasons for this (Choose Two)

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

B. The pay-through is in a future period
C. The invoice needs re-validation
D. The invoice requires approval
E. The invoice has not been accounted

Ans. CD

52. During your business trip to UK, you took a taxi ride and paid for it by using personal Visa credit
card. While entering your expense you get a warning that a different conversion rate was
applicable to the taxi expense by visa then the one used by your company

How do you handle this situation?

A. Call Visa to address the issue and tell them to make adjustment to their conversion rate.
Then, wait to get revised statement
B. Do not enter the taxi expense and call your financial department so that they can make
changes in the conversion rate settings, and you do not violate the allowed limit
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–define conversion rate even if it means you will not reimbues fully

Ans. C

53. You need to route invoices to three different approvers at the same time, and only one
approver needs to approve the invoice.

Which approver rule set should you use?

A. Single type participant in parallel mode rule set

B. Fyi Type participant in parallel mode rule set
C. Invoice approval rule set
D. parallel type participant in parallel mode rule set
 Ans. A

54. Which component is not included in the security architecture for credit card and bank account
date encryption?
A. Payables master encryption key
B. Payables subkeys
C. Supplier master encryption key
D. Sensitive data encryption and storage
E. Oracle wallet

Ans. C

55. You need to create recuring expense for one of your regular expenses.

Which three are frequencies that you can choose for these type of expenses (Choose three)

A. Weekly
B. Monthly
C. Biweekly
D. Annually
E. Bimonthly

Ans. ABC