Account Payables - Oracle

Approval is mandatory process in the payables invoice creation process

• True

• False

Which type of invoice will you create to record the supply of goods or services from a supplier

• Debit Memo

• Payment Request

• Credit Memo

• Standard

Identify whether the below statement is true or false “Payment terms can be overwritten at the Invoice Header Level”

• True

• False

Which type of invoice is used to make an advance payment to a supplier

• Prepayment

• Deposit

• Adhoc

• Advance

Identify the correct order in which the transactions are recorded in the Procure-to-Pay Process Flow

• Requisition> Receipt> Purchase Order> Invoice> Payment > Reconciliation

• Requisition> Purchase Order> Receipt> Invoice> Payment > Reconciliation

• Invoice> Requisition> Purchase Order> Receipt> Payment> Reconciliation

• Purchase Order> Requisition> Receipt> Invoice> Payment> Reconciliation

Liability Transaction is recorded in which modules

• Account Payable

• Account Receivable

• Cash Management

• General Accounting

How many segment of COA used in Kalla Group

• 6 Segment

• 7 Segment

• 8 Segment

• 9 Segment

What are the key features from Payables (Choose 2)

• Receipt

• Invoice

• Journal

• Payment

• Billing

Which one is NOT the invoice type in Payables

• Standard

• Deposit

• Prepayment

• Credit memo

• Withholding Tax

Which action you need to choose to start the approval process in invoice

• Submit Approval

• Force Approve

• Initiate Approval

• Workflow Approved