Online Access Free 1z0-507 Practice Test

Identify three sections that are part or the Accounts Payables Dashboard.

• A.Supplier Sites on Payment Hold.
• B.Available Prepayments
• C.Payables Process Request
• D.Invoice Requiring Attention
• E.Payments Files Requiring Attention

A Payment Process Request is issued with a payment type of Manual.
Which two payment statuses will allow the manual payment to be voided?

• A.Pending proposed payment review
• B.Issued
• C.Payment file build
• D.Negotiable
• E.Cleared

What are the three benefits derived by a Payables Manager when implementing Oracle fusion Payables?

• A.Fulfilling of demands for local compliance
• B.Simplified and expeditious reporting
• C.Streamlining accounting policy changes
• D.Streamlining reconciliation to the general lodger
• E.Improvement in processing speed and manageability

A company has a business requirement that all invoices go through an approval process flow.
Identify three features of the Invoice Approval workflow that meets their requirement.

• A.provides Lime limits as to how long an invoice can remain unapproved before being automatically rerouted to the next approver
• B.allows automatic resubmission of an invoice if rejection occurs
• C.provides automatic routing of invoices upon approval to another designated approver
• D.has predefined criteria to identify which invoices require approval
• E.allows for corrections to invoices to be made while still in the approval routing process

An employee submits an expense report, but before it is processed the employee is terminated. At which level is the option Processing Days Allowed After Termination configured?

• A.Business unit
• B.Project attributes
• C.Define expenses configuration
• D.Employee
• E.Expense template and type set up