QUESTION: 9 Topic: 1

Identify three ways that an invoice can be submitted for validation. (Choose three.)

online by clicking the Validate button in the Invoice Batches window
online by clicking the Validate and Account button in the Invoice Batches window
in batch by submitting the Payables Invoice Validation program from the Invoice Workbench
in batch by submitting the Payables Invoice Validation program from the Submit Request window
online by selecting either the Validate check box or the Validate Related Invoices check box in the Invoice Actions window

Answer(s): A,D,E

You are working on an implementation for Accounts Payable for ABC Inc. Your client has three requirements:

1. They want to be able to pay only certain types of suppliers by batch.
2. Each payment batch must be under $100, 000 USD, or the batch automatically gets canceled without user intervention.
3. Each single payment for a supplier site must be between $10 USD and $10, 000 USD, or the payment is automatically not issued.

To meet the above requirements, you perform these steps:

a) Set up suppliers with pay groups for each type, and use them when running the payment batch.
b) Set up the payment batch with Maximum Outlay equal to $100, 000 USD.
c) Set up the payment batch with Maximum/Minimum payments as $10 USD and $10, 000 USD. Which requirements have you met?

2 and 3
1, 2 and 3
1 and 2
1 and 3

Answer(s): D

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QUESTION: 11 Topic: 1

Payables lists four seeded payment methods. They are check, outsourced check, electronic, and wire. Choose the correct description for wire.

a paper check to print and send to a supplier
an EFT, EDI, or XML to the bank of a supplier
a funds transfer initiated by contacting the bank and requesting wire payment to the bank of a supplier
transmission of payment information to an external party, such as your bank, that prints checks on your behalf

Answer(s): C

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QUESTION: 12 Topic: 1

With Oracle Cash Management, you can reconcile payments created in Payables to your bank statements. When you reconcile payments using Oracle Cash Management, Cash Management updates the status of payments. Select the new status.

issued
updated
negotiable
reconciled

Answer(s): D

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Free Oracle 1Z0-517 Exam Braindumps (page: 4)

QUESTION: 9 Topic: 1

QUESTION: 10 Topic: 1

QUESTION: 11 Topic: 1

QUESTION: 12 Topic: 1

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