AP 23

Oracle Cloud currently has two invoice scanned imaging solutions: Integrated Imaging and Intelligent Document Recognition (IDR). Both solutions work very similarly.
In which two ways do the invoice scanned imaging solutions work in the cloud?

• Customers ask their suppliers to scan and email the invoice.

• Customers scan and store the invoice images on-premises and attach them during invoice entry

• Customers cannot use invoice imaging in the Cloud.

• Customers scan the invoice on-premises and email the images

• Customers ask suppliers to send electronic invoices

One of your clients notifies their suppliers of rejected invoices via email. You suggest that they instead send notifications to suppliers for rejected electronic invoices using industry-standard XML as a UBL 2.1 Invoice Response Message. Your client wants to know about the benefits of making this switch.
Which two benefits of this feature can you share with them?

• Suppliers can view the rejection reason in their system and take corrective action.

• You can customize automatic responses per invoice type

• The notification provides suppliers with the option to request Payables manual intervention and support

• There is automatic processing of electronic response messages

You participated as a functional consultant in the implementation of Oracle Procurement as well as Payables for customer ABC Consulting. A Payables Analyst has logged a ticket stating that the “Create Supplier” task is not showing up in the Supplier work area. You checked the related settings and found that the Payables Analyst user account has been defined as a Procurement Agent.
Why was the Payable Analyst NOT able to see the "Create Supplier" task in the Supplier work area?

• The analyst was not given the Procurement Administrator role

• The analyst was not given the Supplier Manager role

• The analyst was not given the Supplier Administrator role

• The analyst was not given the Procurement Requester role

An installment for $2,000 USD is due for payment on July 31, 2022. The installment has two discounts: the first discount date is June 15, 2022 for $150 USD and the second discount date is June 30, 2022 for $50 USD.
You submit a Payment Process Request with the following criteria:
Payment Date = June 20, 2022 Pay Through Date = July 30, 2022 Date Basis = Due Date
What will be the resulting status of the installment and discount?

• The installment is not selected because the due date is after the Pay Through Date

• The installment is selected and a discount of $50 USD is applied

• The installment is selected and no discount is applied

• The installment is not selected because the discount dates are before the Pay Through Date

• The installment is selected and a discount of $150 USD is applied

You are a consultant for a mid-sized company. They have asked you to identify Cash Management reports that can be used to gain a better understanding of the company's cash position. You found four key reports.

Report

1. Cash to General Ledger Reconciliation Report

2. Bank Statement Report

3. Cash in Transit Report

4. Bank Statement Analysis Report
Description

A. Lists all transactions for a specific bank account, that have been remitted to the bank but have not been cleared

B. Displays the bank statements that are used to analyze balances and transaction details

C. Displays balance and transaction information for specific bank statements

D. Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management

• 1 = D

  2 = C

  3 = A

  4 = B

• 1 = D

  2 = A

  3 = C

  4 = B

• 1 = A

  2 = C

  3 = D

  4 = B

• 1 = D

  2 = B

  3 = A

  4 = C

You are a global process owner at a large company that handles a heavy amount of expenses due to travel and entertainment reimbursements. Employees want to have a streamlined expense reimbursement process because they spend a lot of time submitting their expense reports. You are very excited to introduce them to Oracle’s functionality allowing them to create expenses directly from emails that a user forwards with receipt attachments.
Which two options can you set the Expense Attachment Preference to, when configuring this functionality in the application?

• Attach the invoice

• Attach the email

• Attach multiple receipts from the email

• Attach custom email

• Attach the primary receipt from the email

Previously, cash advances were applied automatically to expenses when the auditor ran the expense reimbursement process. Now, Oracle Expenses allows employees to have the ability to manually apply their cash advances to the relevant expense report. As an Application Implementation Consultant, you advise your client to enable this feature and allow employees to perform manual application of cash advances to their expense reports for the US Business Unit.
Which statement is NOT true about this feature?

• Auditors can make changes to cash advances that are applied to an expense report.

• Employees need to include a justification if they don’t apply an available cash advance when submitting an expense report

• If approvers or auditors reject expense reports, the cash advances that are applied to the reports are automatically removed and returned to the employee's available cash advances

• Unused cash advance amounts are applied to the next expense report or refunded to the company by the employee

Your company requests you to establish Expense delegates to assist with the management of expenses. Expense delegates will receive a digest notification for each employee they are a delegate for and can then take quick action to identify and fix pending expense items, including outstanding corporate card charges

After you set up digest notifications, which corporate card charge statuses are included in the outstanding expense reports?

• Only Withdrawn

• Only Rejected

• Saved, Withdrawn, Rejected, or Returned

• Submitted and Saved

While processing an expense report, the system placed a payment hold on the expense report.
What are the two ways to release payment holds?

• The expense auditor can manually release the payment hold in a discretionary manner

• The employee can manually release the hold from the notification

• Payables Manager can release payment holds in Payables

• Expenses automatically releases holds when receipts are received or waived

• The employee's supervisor can manually release the hold from the notification

As the Expense-to-Pay Strategic Process Owner for your company, you need to ensure certain controls are set in the system which includes excluding specific adjustment codes that indicate payments from MasterCard transaction files.
What happens if you do NOT specify any adjustment codes in the ORA_EXM_MC_EXCLUDE_ADJUSTMENTS lookup type?

• The upload process automatically excludes all payment adjustment transactions

• The upload process automatically includes all payment adjustment transactions

• The upload process fails and will not complete