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Oracle Financials Cloud Oracle Financials Cloud: Payables 2024 Implementation Professional

Oracle Financials Cloud: Payables 2024 Implementation Professional

Last Update Apr 25, 2025
Total Questions : 54

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Questions 2

You joined an OU Live Session for Oracle Financials centered on Expenses and learned about a new feature, Monthly and Lifetime Rate Limit Enforcement for Miscellaneous Policies. With this new feature, you can now enforce monthly and lifetime rate limits for miscellaneous expenses.

Based on which four values did the instructor say you can configure the rate limits?

Options:

A.  

Currency

B.  

Gender

C.  

Exchange Rate Conversion

D.  

Expense Type

E.  

Location

F.  

Employee Management Level

G.  

Enforce the same rate limit for all employees.

Discussion 0
Questions 3

You implemented the service provider model for Payables payments, where your United Kingdom (UK) headquarters works solely as an outsourced payment processing unit on behalf of your other UK business units.

What is this type of payment service provider model known as?

Options:

A.  

Self-Service

B.  

Dedicated and Self-Service

C.  

Procurement

D.  

Dedicated

Discussion 0
Questions 4

MANAGE POLICIES BY EXPENSE CATEGORY

The US1 Business Unit has an expense policy on meals that allows an employee to claim 30 USD per day for an evening meal, regardless of their role and location.

Options:

Discussion 0
Questions 5

MANAGE EXPENSE REPORT TEMPLATE

Task 1:

Create an Expense Report Template for the US1 Business Unit, where:

a.  The effective start date is the current date.

b.  The hotel expense type requires itemization and should include Internet, Room Rate, and Dinner.

c.  The expense type is associated with the respective account

d.  Card Expense Type Mapping is not enabled.

e.  Company policy states that receipts

f.  Users can indicate receipts are missing in their expense report and a warning should be displayed for any     missing receipts.

g. All Expense Fields are optional.

Options:

Discussion 0
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