Q1. Subledger Accounting is a rule-based accounting engine that centralizes accounting for Oracle
E-Business Suite Release 12 products.
Select the Oracle application that is NOT a Subledger Accounting module.
A. Assets
B. Payables
C. Purchasing
D. Receivables
E. General Ledger
Answer: E
Q2. Oracle Payments is the central payment engine for Oracle E-Business Suite Release 12.
Identify three modules that integrate with Oracle Payments. (Choose three.)
A. Assets
B. Payables
C. Receivables
D. Cash Management
E. Order Management
Answer: BCD
Q3. There are five major business functions that occur sequentially during the natural flow of the
Payables processes. Consider this list of five steps:
1. Invoice Payment
2. Invoice Validation
3. Invoice and Payment Accounting
4. Supplier Entry
5. Invoice Import/Entry
What is the order in which these steps must be performed?
A. 1, 2, 3, 4, 5
B. 4, 5, 2, 1, 3
C. 5, 3, 1, 2, 4
D. 3, 1, 4, 2, 5
E. 4, 2, 5, 1, 3
Answer: B
Q4 There are many fields with important data displayed on the main page of the Payables Overview
window.
Which three fields do NOT appear in the Payables Overview main window? (Choose three.)
A. Terms
B. Paygroup
C. Trading Partner
D. Settlement Date
E. Remit-To Bank Account Name
Answer: ABE
Q5). What are the three prerequisites for interfacing Payables invoice lines with Assets? (Choose three.)
A. The invoice has no holds.
B. The invoice must be posted to General Ledger.
C. The invoice has been transferred to General Ledger.
D. The invoice distribution has "Track as Asset" selected.
E. The distribution account is an Asset Clearing or CIP account.
Answer: CDE
Q6. Identify two events that take place when an invoice is matched to a purchase order. (Choose two.)
A. Tolerances are enforced.
B. The quantity billed is updated.
C. The quantity received is updated.
D. The purchase order accounting information is copied to the invoice.
Answer: BD
Q7. Identify the two invoice types processed by the Payables Open Interface process. (Choose two.)
A. standard
B. prepayment
C. debit memos
D. credit memos
Answer: AD
Q8. Identify four interface tables that are available in Oracle Payables. (Choose four.)
A. Payables Open Interface
B. Suppliers Open Interface
C. Payables PCard Interface
D. Payables Payments Interface
E. Payables PO Matching Interface
F. Payables Invoice Open Interface
Answer: ABCE
Q9. There are numerous Oracle modules that are integrated into or out of the Payables module.
Identify four Oracle modules that are directly integrated with Oracle Payables. (Choose four.)
A. Loans
B. Purchasing
C. Bill of Materials
D. E-Business Tax
E. Order Management
F. Cash Management
G. System Administrator
Answer: ABDF
Q10. Select three types of Payables open interfaces that will import data into Payables from other
applications or third-party solutions. (Choose three.)
A. PCard Open Interface
B. Supplier Open Interface
C. Matching Open Interface
D. Receiving Open Interface
E. Payments Open Interface
Answer: ABC
Q11. Identify three types of entities that can be defined and related to one another in Oracle Applications.
(Choose three.)
A. ledger
B. paygroups
C. legal entities
D. responsibilities
E. business groups
Answer: ACE
Q12. To set up and use Multiple Organization Access Control (MOAC) most effectively, you need to define
three profile options. (Choose three.)
A. MO: Operating Unit
B. HR: Security Profile
C. MO: Security Profile
D. HR: Business Group
E. MO: Default Operating Unit
Answer: ACE
Q13. Select four options that can be set at the supplier site level. (Choose four.)
A. surveys
B. tax details
C. accounting
D. bank details
E. business classification
Answer: ABCD
Q14. You are on a phased-approach implementation. Payables and Purchasing are being implemented
in Phase One, and Assets in Phase Two.
Identify three choices in the process for the best way to discuss supplier naming conventions and supplier
site naming conventions. (Choose three.)
A. Agree upon naming conventions.
B. Gather only the Payables and Purchasing personnel.
C. Document conventions and obtain the sign-off by authorized approvers later.
D. Document conventions and obtain the sign-off by authorized approvers immediately.
E. Gather all interested parties for requirements-including Assets, Payables and Purchasing.
Answer: ADE
Q15. The rate variance Gain/Loss accounts specified in the Financial Options - Accounting region are
used to account for _____.
A. exchange rate variance in invoices and payments
B. invoice price variance in purchase orders and invoices
C. exchange rate variance for expense items in purchase orders and invoices
D. exchange rate variance for inventory items in purchase orders and invoices
Answer: D
Posts
