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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

1. 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.

2. While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds?

A) The employee's supervisor can manually release the hold.
B) The expense auditor can manually release the payment hold at his discretion.
C) Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.
D) The employee can manually release the hold.
E) Payables Manager can release payment holds in Payables.

3. 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) Line Manager role to your user
B) Application Implementation Manager role to your user
C) IT Security Manager role to your user
D) Superuser role to your user

4. 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 Accounting for the invoice in Payables.
D) Create a payment process request in Payments.

5. 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) Biweekly
B) Bimonthly
C) Annually
D) Weekly
E) Monthly

Solutions: