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Oracle Fusion Financials 11g Accounts Payable Essentials Sample Questions:
1. Identify two privileges granted to the job role Accounts Payable Supervisor.
A) managing Payables Activities
B) managing Accounting Period Status
C) running Payables Data Extraction Program
D) preparing French DAS2 Contractor Letters
E) initiating Payables Invoice Approval Task Flow
2. An employee traveled to a different city on a business trip. During the course of travel, the employee used the corporate card provided by his company for both business and personal expenses.
Upon his return, the employee created an expense report. The company is processing the expense report as Both Pay Corporate Card Transactions.
What will the result be?
A) All expenses incurred using a corporate card will be paid to the card Issuer.
B) Both business and personal expenses will be reimbursed to the employee.
C) Reimbursements will be made to the employee instead of the corporate card issuer.
D) Only business expenses incurred using the corporate card will be reimbursed to the card Issuer.
E) Reimbursement will be made to the employee and the corporate card Issuer.
3. Identify three attributes of a Single Payment Request.
A) real time
B) recurring
C) batch processing
D) one-time
E) nonrecurring
4. There is a business requirement to cancel all related invoices when voiding a payment.
In which two scenarios the invoices can NOT be canceled?
A) The invoice is fully matched to a Purchase Order which is fully received.
B) The invoice is already accounted.
C) The invoice has been partially paid by another payment.
D) The Invoice has been partially paid by a Prepayment.
E) The invoice has an associated withholding tax invoice.
5. In which two scenarios is the invoice line type Prepayment automatically generated?
A) a prepayment applied to the invoice
B) at the time of validating a Prepayment Invoice
C) a prepayment created with invoice type as Prepayment
D) a prepayment is unapplied to the invoice
E) a manually created invoice line with type as Prepayment
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: D | Question # 3 Answer: B,C,D | Question # 4 Answer: C,D | Question # 5 Answer: A,D |




