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| Section | Objectives |
|---|---|
| Topic 1: Payments | - Create and Process Payments - Void Payments - Manage Payment Process Requests |
| Topic 2: Expenses | - Manage Expense Reports - Audit Expense Reports - Process Expense Reimbursements - Configure Expense Policies |
| Topic 3: Payables Invoices | - Create invoices with attachment - Manage Invoice data - Apply advances to invoices - Create and manage Invoices |
| Topic 4: Reporting and Analytics | - Use OTBI / BI Publisher for Payables and Expenses - Monitor Invoice and Payment Status |
1. Which of the following components are required when setting up expense categories in Oracle Financials Cloud?
A) Codes and Payment Methods
B) Expense Types and Expense Reports
C) Expense Categories and Payment Terms
D) Expense Types and Payment Reports
2. Which of the following are valid statuses for an expense report in Oracle Financials Cloud Payables?
A) Entered, Pending Validation, Approved, Posted
B) Open, In Progress, Pending Approval, Posted
C) Draft, Submitted, Approved, Rejected
D) Saved, Reviewed, Processed, Completed
3. Which of the following best describes the Integrated Imaging Solution in Oracle Financials Cloud Payables 2023?
A) A feature that allows users to attach scanned images of invoices and supporting documents directly to payment transactions
B) A module that automates the process of capturing and indexing invoices into the payables system
C) A functionality that enables OCR technology to extract data from scanned invoices and populate it in payables transactions
D) A feature that integrates with external image repositories to retrieve scanned invoices and link them to payment transactions
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: A |
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