IOFM Accounts Payable Manager Certificate - APM.2 E-Textbook SG Chapter Three questions and

A payment Process Request was submitted and errors were found in the payment file. The payment file and process were terminated. Which two statements are true? A. The invoices are placed on payment hold. B. The status of each payment file is cancelled and the related documents are available for future selection. C. The status of the payment is canceled. D. The status of the payment is terminated. E. The status of each payment in the payment file is terminated. B & D You have successfully processed the expense reports for reimbursement and have transferred the information to Payables. What is the next step before you can pay them? A. Transfer data to General Ledger. B. Create Accounting for the invoice Payables. C. Validate the invoice in Payables. D. Create a payment process request in Payments. D Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen which two statements are true related to configuration package? (select 2) a. you can export and import the custom roles from Oracle Identity manager b. you can export and import selected business object services c. you can export and import selected business units d. you can export and import the approval rules from the approval management engine e. you can export and import the allocation rules from the allocation manager d. you can export and import the approval rules from the approval management engine e. you can export and import the allocation rules from the allocation manager an invoice for $1000 USD and a credit memo for ($1,100) USD are due for payment. What are the two outcomes if you choose the "apply credits up to zero amount" option when submitting a payment process request? (select 2) a. only the invoice is paid fully but the credit memo is partially paid with a credit of $100 USD remaining b. both the invoice and the credit memo are fully paid c. neither the invoice nor the credit memo is included in the payment process request d. both the invoice and the credit memo are included in the payment process request a. only the invoice is paid fully but the credit memo is partially paid with a credit of $100 USD remaining d. both the invoice and the credit memo are included in the payment process request what is the difference between subject areas that append the word "Real Time" and those that do not? a. the real time subject areas are based on subledger transactions and the ones that are not are based on general ledger balances b. the real time subject areas are based on real time transactions in the applications, and those that are not, are based on data stored in the oracle business intelligence applications data warehouse c. the real time subject areas are based on real-time transactions and those that are not, are based on historical data d. there is no difference b. the real time subject areas are based on real time transactions in the applications, and those that are not, are based on data stored in the oracle business intelligence applications data warehouse you have a high volume of invoices to enter that have similar lines and do not require extensive validation. What mus you do if you want to group multiple invoices in a batch during spreadsheet entry? a. make sure all the invoice dates are the same b. assign the same invoice header identifier to multiple invoices you want to group c. enable the invoice option require invoice grouping and the system automatically groups invoices entered in the same spreadsheet d. enter a value in the invoice group field to group similar invoices into a batch e. make sure the invoice number is the same b. When submitting Payables to General Ledger Reconciliation report, the extract did not select any data. What should you check? A. Make sure you assign an Account parameter when running the extract to include liability account. B. Make sure you assigned a Financial Category of Accounts Payable to all you liability natural account values. C. Make sure you enabled the Reconciliation flag to all of you liability natural account values. D. Make sure you specified a Business Unit in the parameters when running the extract. B Select three statements about the submission of invoices by suppliers using Supplier Portal. (select 3) A. A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations. B. A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed. C. A supplier can validate the invoice after submitting it. D. A supplier can submit a single invoice against multiple purchase orders, provided the currency and organization, for all the invoice items are the same as those on the purchase orders. E. A supplier can not make changes to the invoice after submitting it. B, D, & E Which two statements are true about processing corporate card expenses? (select 2) A. Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to cash expenses. B. You can process payment for credit card using Electronic funds transfer, check, or wire. C. Usage policy for expense category tolerances does not apply to credit card expenses. D. Conversion rate defaults apply only to cash expenses, not to corporate expenses. E. Card transactions will be paid directly for Expenses Cloud. C & D