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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:
1. You created a payment and before it is cashed by the supplier you mistakenly submitted a request to stop payment. Later you canceled the request to stop payment. What is the resulting payment status?
A) Cleared
B) Stop initiated
C) Voided
D) Negotiable
E) Available
F) Canceled
2. 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.
3. You want your expense auditors to audit only expense reports for specific business units. How do you do this?
A) Create a custom duty role and assign the data roles to each auditor.
B) Make auditors the managers of the corresponding business unit to route expense reports properly.
C) Assign the expense auditors job role and business unit security context and value to the user.
D) Create your own audit extension rules that correspond to the business unit.
4. You have 10 ledgers and 30 business units and want to leverage Preference Data Sets. What is the function of Reference Data Sets?
A) allow you to share reference data, such as payment terms, across multiple business units to avoid redundant setup
B) allow you to secure data by business unit
C) allow you to maintain sets of related data in a Data Dictionary
D) allow you to assign multiple business units to users in a shared service center
5. A Bill Payable document was paid but has not yet matured.
What is the status of the payment?
A) Cleared
B) Issued
C) In Transit
D) Negotiable
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,B | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |



