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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:
1. Which component is not included in the security architecture for credit card data and bank account data encryption?
A) Sensitive data encryption and storage
B) Payments subkeys
C) Payments master encryption key
D) Oracle Wallet
E) Supplier master encryption key
2. Which two statements are true when you are using the Intercompany Reconciliation Reports?
A) You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.
B) You must run the prepare Intercompany Reconciliation Reporting Information process.
C) The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
D) The reconciliation period summary report will not show the intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction.
E) The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
3. You have enabled Payment Approval for your payment process requests (PPR).
At what stage of the PPR is the payment approval process automatically triggered?
A) Build Payments
B) Review Proposed Payments
C) Review Installments
D) Create Payment Files
4. You need to create a payment for a supplier before the next payment run. The invoice you wish to pay is not available for selection in the Create Payment page.
Which two are possible reasons for this?
A) The invoice is not accounted.
B) The invoice is not yet due.
C) The payment method for the invoice is Electronic.
D) The payment supplier site is different to the supplier site on the invoice.
E) The invoice is not validated.
5. What are the output formats supported for Electronic and Check format programs?
A) Electronic output format of PDF, Check output format of PDF
B) Electronic output format of Text, Check output format of Text
C) Electronic output format of DATA (csv), Check output format of Zipped PDFs
D) Electronic output format of XML, Check output format of rtf
E) Electronic output format of eText, Check output format of rtf
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: E | Question # 3 Answer: B | Question # 4 Answer: B,D | Question # 5 Answer: B |
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