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Oracle Fusion Financials 11g Accounts Payable Essentials - 1z1-507 real prep

1z1-507
  • Exam Code: 1z1-507
  • Exam Name: Oracle Fusion Financials 11g Accounts Payable Essentials
  • Updated: Oct 11, 2024
  • Q & A: 119 Questions and Answers
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About Oracle 1z1-507: Oracle Fusion Financials 11g Accounts Payable Essentials

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Oracle Fusion Financials 11g Accounts Payable Essentials Sample Questions:

1. Which tab invokes the worklist content in the Expense Report region?

A) In Progress Tab
B) Processed Tab
C) Requiring My Approval Tab
D) Pending Approval Tab


2. Which two organizational components are part of the OTBI report for outstanding payables Invoices?

A) Business Group
B) Business Unit
C) Inventory Organization
D) Human Resources Organization
E) Legal Entity


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

A) Difference
B) Freight
C) Invoice Number
D) Status
E) Miscellaneous


4. The Accounts Payable Manager voided a Payment Request issued for a foreign currency invoice due to insufficient funds.
Which three statements are correct?

A) The process places the invoice on hold automatically.
B) All related interest invoices are reversed if already created.
C) All related withholding tax invoices are automatically reversed.
D) Accounting and payment records for the invoices that were paid automatically are reversed.
E) Any realized gain or loss on foreign currency invoices is recorded as paid by the payment when reversed.


5. Which embedded analytics provides Information on expense reports without receipts?

A) Recent Returned Reports
B) Corporate Card Required Violation
C) Recurring Violations
D) Recent Similar Analytics


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B,E
Question # 3
Answer: B,C,D
Question # 4
Answer: B,C,D
Question # 5
Answer: C

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