1z0-507 by Oracle Actual Free Exam Questions And Answers

Question 1

During the invoice Import process, the implication assigns the accounting date from the first 5 finds.
Which three sources will the application check for the accounting date?

A. Invoice Line record

B. Invoice Header record

C. Purchase Order Header

D. Invoice Distribution record

E. Accounting Date parameter from the import submission

Discussion 0

Correct Answer: B,D,E Vote an answer

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Question 2

There is a business requirement to cancel all related invoices when voiding a payment.
In which two scenarios the invoices can NOT be canceled?

A. The invoice has been partially paid by another payment.

B. The invoice has an associated withholding tax invoice.

C. The invoice is already accounted.

D. The invoice is fully matched to a Purchase Order which is fully received.

E. The Invoice has been partially paid by a Prepayment.

Discussion 0

Correct Answer: A,E Vote an answer

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Question 3

Identify two invoice approval actions that can be performed from the Accounts Dashboard.

A. Resubmit for Approval

B. Stop Approval

C. Reject

D. Approve

E. Hold from Approval

Discussion 0

Correct Answer: B,D Vote an answer

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Question 4

Identify three sections that are part or the Accounts Payables Dashboard.

A. Invoice Requiring Attention

B. Available Prepayments

C. Supplier Sites on Payment Hold.

D. Payables Process Request

E. Payments Files Requiring Attention

Discussion 0

Correct Answer: A,C,D Vote an answer

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Question 5

Which three fields appears in the Invoice Summary area when creating an invoice using the spreadsheet options?

A. Freight

B. Status

C. Invoice Number

D. Difference

E. Miscellaneous

Discussion 0

Correct Answer: A,B,C Vote an answer

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Question 6

Which three activities are performed in the Corporate Cards Work Area?

A. managing usage policies

B. managing historical transactions

C. managing corporate card issuers

D. creating payment requests

E. managing corporate card programs

F. managing outstanding transactions

Discussion 0

Correct Answer: D,E,F Vote an answer

Question 7

Which two invoice actions are NOT allowed if prepayments have been applied to an invoice?

A. Modify the accounting information.

B. Add an invoice line.

C. Modify an invoice distribution.

D. Reverse an invoice distribution.

E. Cancel an invoice.

Discussion 0

Correct Answer: C,E Vote an answer

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Question 8

Identify three fields that will be extracted from an invoice when using the Integrated imaging solution.

A. Item number

B. Purchase Order number

C. item price

D. Invoice amount

E. Supplier name

Discussion 0

Correct Answer: B,D,E Vote an answer

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Oracle Fusion Financials 11g Accounts Payable Essentials - 1z0-507 Exam Practice Test

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