Oracle Financials Cloud: Payables 2017 Implementation Essentials - 1z0-961 Exam Practice Test

A. Enter the payment terms at the supplier site level so they default onto the invoice.

B. Enter the payment terms in the Manage Invoice Options page so they default onto the invoice.

C. Enter the payment terms in the Manage Payment Options page so they default onto the invoice.

D. Manually override the payment terms that have defaulted from the purchase order for those suppliers.

E. Enter the payment terms at the Supplier level so they default onto the invoice.

A. Enter the invoice via a spreadsheet and then validate, account, and post the invoice from the spreadsheet.

B. Enter and post a manual journal entry directly into the general ledger.

C. Enter the invoice via a spreadsheet. Then, from the Manage Invoices page, query the invoice, validate it, create accounting, and then open general ledger's Manage Journals page and post the associated invoice journal entry.

D. Enter the invoice in the Create Invoice page, choose the Validate option, and then the Account and Post to Ledger option.

A. allow you to share reference data, such as payment terms, across multiple business units to avoid redundant setup

B. allow you to maintain sets of related data in a Data Dictionary

C. allow you to secure data by business unit

D. allow you to assign multiple business units to users in a shared service center

A. IT Security Manager

B. Application Implementation Consultant

C. Application Implementation Manager

D. Functional Setup Manager Superuser

E. Any Functional User

A. Cancel the invoice and create a new one.

B. yes, by canceling the payment process from the process monitor

C. yes, by creating a credit memo to offset the payment

D. no

E. yes, by voiding the payment created

A. Hard code Supplier Name "Company A" in the report template and only invoices for that supplier will be displayed.

B. Insert the syntax <?if:'COMPANY A'?> before the Supplier field and then enter the closing tag
</<?if:COMPANY A?> after the invoices table.

C. Insert the syntax <?if:VENDOR_NAME='COMPANY A'?> before the Supplier field on the template.
Then, enter the <?end if?> tag after the invoices table.

D. Insert the syntax <?if:condition?> before the Supplier field and then enter the closing tag </<?
if:condition?>.

A. Issue a credit memo, which will debit the liability and credit the expense.

B. Void the payment, which debits cash and credits the liability, and then cancel the invoice, which debits the liability and credits the expense.

C. Void the payment, which debits cash and credits the liability, and then issue a credit memo, which debits the liability and credits the expense.

D. Cancel the invoice, which debits the liability and credits the expense.

A. Use the corporate-defines conversion rate even if it means you will not be reimbursed fully.

B. Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversation rate settings and you do not violate the allowable limit.

C. Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.

D. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.

A. Customers ask their suppliers to scan and email the invoice.

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 cannot use invoice imaging in the Cloud.

E. Customers scan the invoice on-premise and email the images.