Question: 1

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

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

Answer(s): D,E

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Question: 2

Which statement is true about selecting a bank account on the Create Payment page?

Bank account must match the supplier's bank account.
There is not relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system.
LE on the bank account should be different from the LE on the invoice.
LE on the bank account should be equal to LE on the invoice.
Users can pick any bank account as long as the bank account is tied to the business unit.

Answer(s): D

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Question: 3

You have two business units: Vision Operations and Vision Services.
How can you enable expense auditors to audit expense reports for specific business units?

Assign the Expense Auditor job roles to each auditor.
Assign the Expense Auditor as the owner of each business unit.
Assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles to each Expense Auditor.
Use segment value security rules to secure access to business units.

Answer(s): C

Reference:

https://docs.oracle.com/cloud/farel8/financialscs_gs/FAWDE/F1005004AN1204B.htm

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Question: 4

Certain suppliers that your customer regularly deals with are exempt from tax. How would you configure tax for this?

Define a Tax Status and Rate for Exempt, define a Party Fiscal Classification of Exempt, assign it to the relevant suppliers, and write a rule to incorporate the exempt Party Fiscal Classification.
Enable the relevant suppliers for Offset Tax and create an Offset Tax to remove the calculated tax line from these suppliers.
2
Define a Tax Status and Rate for Exempt, define a Supplier Fiscal Classification of Exempt, assign it to the relevant suppliers, and write a rule to incorporate the exempt Supplier Fiscal Classification.
Create a new Tax Regime for the Exempt tax and subscribe the exempt suppliers to the tax regime on the Configuration Options tab.

Answer(s): B

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Question: 5

You have three procurement business units, four requisition business units and five sold-to business units. For which will the supplier registration flows be deployed?

one business unit per supplier
four requisition business units
three procurement business units
five sold-to business units
twelve business units per supplier

Answer(s): A

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