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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

1. Which job role has full access to perform all Functional Setup Manager related activities?

A) Application Implementation Consultant
B) IT Security Manager
C) Application System Administrator
D) Any Functional User
E) Functional Setup Manager Superuser

2. You have created an approval rule as follows:
Rule 1: If the invoice amount > $1000, route it to User 1.
Rule 2: If the invoice amount < $1000, auto approve it.
Now, the user creates an invoice for $1000 and routes it for approval. What will happen?

A) Invoice will be auto-approved.
B) Invoice will not be processed.
C) The system will issue an error message after the approval has been initiated.
D) Invoice will be sent to User 1 for approval.

3. A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.
Which two actions will accomplish this?

A) Create a Payment Process Request template that includes the Disbursement Bank Account.
B) Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account.
C) Assign the Disbursement Bank Account to users to have the payment process default the bank account.
D) Define the Disbursement Bank Account in the Payment tab at the supplier site level.
E) Define the Disbursement Bank Account to the Payment Method in payment default rules.

4. Which two tools can you use to build layouts for BI Publisher reports?

A) Template Builder for Word
B) Report Developer
C) Layout Editor
D) BI Composer
E) BI Answers

5. How will system evaluate the tolerances for expense reports?

A) System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100).
B) System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)*currency precision.
C) System will calculate error tolerance as Policy Rate * (1+Warning Tolerance+ Error Tolerance/100).
D) System will use absolute amount tolerance setup to do validations.
E) System will calculate error tolerance as (|Policy Rate * (1+Error Tolerance/100)|) currency precision.

Solutions: