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| Section | Weight | Objectives |
|---|---|---|
| Configuration & Setup Updates | 30% | - Expenses Configuration Changes
|
| New Features & Enhancements (Release 24A - 25A) | 40% | - Payables New Functionality
|
| Integration & Reporting Enhancements | 20% | - New & Enhanced Reports
|
| Security & Compliance Updates | 10% | - Data security and access control changes
|
1. Which of the following can performed using the Manage Withholding and Transaction Taxes feature In Oracle Financials Cloud Payables?
A) Manage tax rates and tax formulas
B) Manage expense reports
C) Manage payment terms
D) Manage invoice approvals
2. Which of the following is a benefit of performing bank reconciliations in Oracle Financials Cloud Payables?
A) Comparing the accounts receivable balances with the bank's records.
B) Ensuring the accuracy of financial transactions recorded in the general ledger.
C) Verifying the accounts payable balances with the bank's records.
D) Identifying any discrepancies between payments made and bank transactions.
3. What is the purpose Of the Payment Administrator role in Oracle Financials Cloud Payables?
A) To create manage payment terms
B) To set up payment methods and configure payment formats
C) To enter and manage supplier invoices
D) To reconcile bank statements
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B |
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