Which two statements are true about the association of a receipt to an expense report?

Correct Answer for the following Question is given below 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.) Question: Which two statements are true about the association of a receipt to an expense report? Options: Employees are not reimbursed … Read more

When importing suppliers?

Correct Answer for the following Question is given below In what order should the import process be run when importing suppliers? Question: When importing suppliers? Options: Supplier, Supplier Site Contacts, Supplier Site, Supplier Site Assignment Supplier, Supplier Address, Supplier Site, Supplier Site Assignments Supplier, Supplier Site Assignment, Supplier Site, Supplier Contacts any order Correct Answer … Read more

What is the relevant step to do this for preparing the payment template?

Correct Answer for the following Question is given below 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? Question: What is the relevant … Read more

What will happen?

Correct Answer for the following Question is given below 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? ... Read more

What are the two outcomes if you chose the “Apply Credits Up to Zero Amount” option when submitting a Payment Process Request?

Correct Answer for the following Question is given below 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.) Question: What are the two outcomes … Read more

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

Correct Answer for the following Question is given below 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 12thWhat will the resulting due date for the invoice installment be?Reference: https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_8E9660457009AEA2E040D30A6881608C Question: … Read more

When submitting the Payables to General Ledger Reconciliation report, the extract did not select any data. What should you check?

Correct Answer for the following Question is given below When submitting the Payables to General Ledger Reconciliation report, the extract did not select any data. What should you check? Question: When submitting the Payables to General Ledger Reconciliation report, the extract did not select any data. What should you check? Options: Make sure you assign … Read more

What is the status of the payment?

Correct Answer for the following Question is given below A Bill Payable document was paid but has not yet matured. What is the status of the payment?Reference: https://docs.oracle.com/en/cloud/saas/financials/18b/fappp/payments.html#FAPPP1046637 Question: What is the status of the payment? Options: In Transit Cleared Negotiable Issued Correct Answer The Correct Answer for this Question is Issued Explanation The Question … Read more

What is the result of voiding a payment?

Correct Answer for the following Question is given below What is the result of voiding a payment? Question: What is the result of voiding a payment? Options: A stop payment request has been initiated to the bank. A bills payable payment was created but is not yet matured. The payment is reconciled to the bank … Read more