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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

1. Which dashboard or workarea displays the Scanned Invoices region for invoices processed through the Payables Integrated Imaging solution?

A) Payables Dashboard and Invoices Workarea
B) Manage Invoices page
C) Invoices Workarea only
D) Payables Dashboard only
E) C-level executives

2. You have an invoice for a three-month lease and wish to recognize the expense monthly for the duration of the lease.
What must be entered on the invoice in order to do this?

A) You must provide a start date and an end date for the prepaid expenses in the invoice lines or distributions.
B) You must provide a start date and the accrual account for the prepaid expenses in the invoice lines or distributions.
C) You must provide the accrual account for the prepaid expenses in the invoice lines or distributions.
D) You must provide a start date, an end date, and the accrual account for the prepaid expenses in the invoice lines or distributions.

3. Which three are invoice types that can be entered using the Supplier Portal? (Choose three.)

A) Invoices that are created from the Evaluated Receipt Settlement (ERS) process
B) B2B XML invoices
C) Invoices that are automatically created when the supplier creates an ASN for drop shipments
D) Non purchase order matched invoices
E) Purchase order matched invoices

4. What is the recommendation when setting up Reconciliation Rule Sets?

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

5. Identify two ways the invoice imaging solution works in the Cloud.

A) Customers cannot use invoice imaging in the Cloud.
B) Customers ask suppliers to send electronic invoices.
C) Customers scan and store the invoice images on-premise and attach them during invoice entry.
D) Customers ask their suppliers to scan and email the invoice.
E) Customers scan the invoice on-premise and email the images.

Solutions: