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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Invoices | 25% | - Enter imported invoices - Create and manage invoices - Create one-time suppliers - Define matching options - Create and validate invoices - Process invoice approvals |
| Topic 2: Accounting and Reporting | 25% | - Create accounting for invoices and payments - Generate Payables reports - Review journal entries and account analysis - Configure accounting and chart of accounts |
| Topic 3: Suppliers and Supplier Sites | 15% | - Create and maintain suppliers - Define supplier classifications - Create and manage supplier sites |
| Topic 4: Payments | 20% | - Set up payment documents - Define payment terms and payment formats - Process manual and automatic payments - Process payment files and reports |
| Topic 5: Payables Options and Security | 15% | - Define validation and tax controls - Define Payables Options - Implement security |
1. 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.
What is the reason for this?
A) You did not select the business units associated to the UK Ledger.
B) The reconciliation flag has not been enabled for your liability accounts.
C) You did not specify the range of liability accounts to include in the extract.
D) The financial category of Accounts Payable is not assigned to the liability accounts.
2. Which three types of payments can you make if you have access to Disbursement Process Management Duty? (Choose three.)
A) Customer refunds
B) Employee advances
C) Supplier payments
D) Reimbursement of employee expense reports
E) Ad hoc payments
3. What is the difference between subject areas that append the word "Real Time" and those that do not?
A) There is no difference.
B) The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data.
C) 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.
D) The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances.
4. 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
5. 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 Site Assignments of the Supplier Site
D) From the Income Tax region of the Supplier
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,B,E | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: C |
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