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NEW QUESTION 85
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 real-time transactions in the applications, and those that are not, are based on data stored in the Oracle Business Intelligence Applications data warehouse.
- B. There is no difference.
- C. The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data.
- D. The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances.
Answer: A
Explanation:
In Oracle Fusion applications, there are two types of subject areas:
Subject areas whose names usually end with Real Time and access real-time (transactional) data.
Subject areas whose names usually do notend with Real Time and access data warehouse data.
References: https://docs.oracle.com/cloud/farel8/common/OATBI/postinstallation.htm
NEW QUESTION 86
While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds? (Choose two.)
- A. Payables Manager can release payment holds in Payables.
- B. The employee can manually release the hold.
- C. Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.
- D. The employee's supervisor can manually release the hold.
- E. The expense auditor can manually release the payment hold at his discretion.
Answer: C,E
Explanation:
Payment holds are released in the following ways:
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAWDE/F1005004AN1204B.htm
NEW QUESTION 87
The payment build program has completed but with errors.
When submitting the payment process request, which processing option is used to review the error messages from the Manage Payment Process Request Inquiry?
- A. Set the validation failure handling for payments to "show errors."
- B. Set the validation failure handling for payments to "stop process for review."
- C. Enable debug for the payment format program.
- D. Set the validation failure handling for documents to "show errors."
Answer: B
NEW QUESTION 88
Which three are Invoice Header attributes that can be used during invoice approval rule creation? (Choose three.)
- A. Statistical Amount
- B. Business Unit Name
- C. Requester Name
- D. Accounting Date
- E. Pay Group Lookup Code
Answer: B,D,E
NEW QUESTION 89
Identify three statements that indicate the purpose of Functional Setup Manager.
- A. It allows you to centrally manage the close processes across subledgers and ledgers.
- B. It provides a central place to access and perform all of the setup steps across the applications.
- C. it allows you to assign setup tasks to individuals with due dates where users must manually update their completion status.
- D. It automatically generates lists of setup tasks in the correct sequence with dependencies highlighted.
- E. It automatically marks the completion status of tasks as Completed once they have been completed.
Answer: B,D,E
Explanation:
With Oracle Fusion Functional Setup Manager you can:
References:https://docs.oracle.com/cd/E56614_01/common_op/OAFSM/F1166427AN1007E.htm
NEW QUESTION 90
Identify three scenarios where you are not allowed to cancel an invoice. (Choose three.)
- A. The invoice is validated.
- B. Prepayments were applied to the invoice.
- C. An accounting entry has been created for the invoice.
- D. The invoice is fully or partially paid.
- E. The invoice was adjusted by a credit or a debit memo.
Answer: B,D,E
Explanation:
Why can't I cancel an invoice?
The invoice is:
Additional reasons thatyou can't cancel an invoice are as follows:
You can cancel any unapproved invoice, or an approved invoice that does not have anyeffective payments or posting holds.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011878.htm#FAPPP1011878
NEW QUESTION 91
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? (Choose two.)
- A. The status of the payment file is Cancelled.
- B. The status of each payment in the payment file is Terminated.
- C. The status of each payment in the payment file is Cancelled and the related documents are available for future selection.
- D. The invoices are placed on payment hold.
- E. The status of the payment file is Terminated.
Answer: C,E
Explanation:
If the payment file has been terminated and the documents payable have been returned to the source product, then the status of the Printed Payment File is Terminated.
Oracle Fusion Paymentsinforms the source product of the terminated documents payable. Then for each payment in the payment file, Payments sets the status to Canceled.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011879AN17393.htm
NEW QUESTION 92
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 assign multiple business units to users in a shared service center
- D. allow you to maintain sets of related data in a Data Dictionary
Answer: A
Explanation:
Reference Data Sets
You begin this part of your implementation by creating and assigning reference data to sets. Make changes carefully as changes to a particular set affect all business units or application components using that set. You can assign a separate set to each business unit for the typeofobject that is being shared. For example, assign separate sets for payment terms, transaction types, and sales methods to your business units.
Your enterprise can determine that certain aspects of your corporate policy can affect all business units. The remaining aspects are at the discretion of the business unit manager to implement. This allows your enterprise to balance autonomy and control for each business unit. For example, your enterprise holds business unit managers accountable for their profitand loss, but manages working capital requirements at a corporate level. In such a case, you can let managers define their own sales methods, but define payment terms centrally. In this example:
Each business unit has its own reference data set for salesmethods.
One central reference data set for payment terms is assigned to all business units.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAIGL/FAIGL1493157.htm#FAIGL94314
NEW QUESTION 93
If you accidentally paid an invoice using Create Payment flow, can you undo the operation?
- A. no
- B. yes, by canceling the payment process from the process monitor
- C. Cancel the invoice and create a new one.
- D. yes, by voiding the payment created
- E. yes, by creating a credit memo to offset the payment
Answer: A
Explanation:
You cannot terminate a Payment Instruction:
References:https://docs.oracle.com/cd/E18727_01/doc.121/e12797/T295436T369088.htm
NEW QUESTION 94
What happens if a company runs the Payables Unaccounted Transactions Sweep program for February 2018 if the invoices with a Hold status have an invoice date of January 20, 2018?
- A. The accounting dates of all unaccounted invoices will be changed to February 20,2018, the same day of the next period.
- B. The accounting dates of all unaccounted invoices will change to February 28, 2018, the last day of the next period.
- C. The accounting dates of all unaccounted invoices will be changed to February 1, 2018, the first day of the next period.
- D. The accounting dates of all unaccounted invoices will remain unchanged at January 20, 2018.
Answer: C
Explanation:
Run the Payables Unaccounted Transactions Sweep program to transfer unaccounted transactions from one accounting period to another. If your accounting practices permit it, use this program to change the accounting date of the transactions to the next open period.
The program transfers unaccounted transactions to the period you specify by updating the accounting dates to the first day of the new period.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011880AN1B948.htm
NEW QUESTION 95
Which reporting tool is used to report on real-time data?
- A. Oracle Financial Reporting Studio
- B. Oracle Transactional Business Intelligence (OTBI)
- C. Smart View
- D. Oracle Business Intelligence Publisher
- E. Essbase Cube
Answer: B
NEW QUESTION 96
You are voiding a payment and have selected Cancel as the Invoice Action. After performing the void, you notice the invoice is not cancelled but has an Invoice Cancel hold on it.
What is reason for this?
- A. The invoice has been partially paid by another payment.
- B. The invoice accounting date is not in the current open period.
- C. The invoice is already on hold.
- D. The invoice date is not in the current open period.
Answer: A
NEW QUESTION 97
What data can you find in an Oracle Transactional Business Intelligence subject area attribute column?
- A. information about a business object with values that are dates, Ids or text
- B. data that is metric and can be added up or aggregated
- C. values that are organized into parent-child relationships
- D. data that provides a measure of something
Answer: A
NEW QUESTION 98
Which two statements are true related to configuration package? (Choose two.)
- A. You can export and import the custom roles from Oracle Identity Manager.
- B. You can export and import selected business units.
- C. 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 selected business object services.
Answer: A,E
NEW QUESTION 99
Which three are valid reasons why you cannot close your Payables period? (Choose three.)
- A. Suppliers on payment holds
- B. Bills payable requiring maturity
- C. Incomplete payment files
- D. Unaccounted invoices and payments
- E. Unapplied prepayments
Answer: B,C,D
NEW QUESTION 100
What is the recommendation when setting up Reconciliation Rule Sets?
- A. Many to Many rules should always be used first in the sequence.
- B. One to One rules should be sequenced above rules of other types.
- C. Many to Many rules should always be used last in the sequence.
- D. One to One rules should be sequenced below rules of other types.
Answer: B
NEW QUESTION 101
Which three reports are generated by the export setup data process? (Choose three.)
- A. Process Results Summary Report
- B. Exported Business Object Report
- C. Process Results Report
- D. Setup Data Report
- E. Process Results Detail Listing Report
Answer: A,C,D
NEW QUESTION 102
Which three are invoice types that can be entered using the Supplier Portal? (Choose three.)
- A. B2B XML invoices
- B. Invoices that are created from the Evaluated Receipt Settlement (ERS) process
- C. Non purchase order matched invoices
- D. Invoices that are automatically created when the supplier creates an ASN for drop shipments
- E. Purchase order matched invoices
Answer: A,B,E
NEW QUESTION 103
You need to enter a last-minute invoice during the close process. What is the quickest way to enter and post the invoice to general ledger?
- A. Enter the invoice via a spreadsheet. Then, from the Manage Invoices page, query the invoice, validate it, create accounting, and then open general ledger's Manage Journals page and post the associated invoice journal entry.
- B. Enter the invoice via a spreadsheet and then validate, account, and post the invoice from the spreadsheet.
- C. Enter the invoice in the Create Invoice page, choose the Validate option, and then the Account and Post to Ledger option.
- D. Enter and post a manual journal entry directly into the general ledger.
Answer: A
NEW QUESTION 104
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