Online Access Free 1z0-961 Practice Test

An invoice for $200 USD and a credit memo for $225 USD are due for payment and the "Apply credits up to zero amount" option is enabled for the payment process request.
Which statement is correct?

• A.The payment process request doesn't select the invoice or credit memo for payment because the credit reduces the payment to - $25 USD, which is below zero.
• B.The payment process request pays only $200 USD alone.
• C.The payment process request creates a refund for $225 USD and leaves the invoice unpaid.
• D.The payment process request applies $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates a payment for $0 USD.

Which statement is true about selecting a bank account on the Create Payment page?

• A.LE on the bank account should be equal to LE on the invoice.
• B.There is not relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system.
• C.Users can pick any bank account as long as the bank account is tied to the business unit.
• D.LE on the bank account should be different from the LE on the invoice.
• E.Bank account must match the supplier's bank account.

What are the two advantages of using a spreadsheet for correcting invoice import errors? (Choose two.)

• A.ability to correct errors and re-import invoices directly from a spreadsheet
• B.ability to enter a high volume of invoices via a spreadsheet
• C.ability to correct errors within the spreadsheet and send invoice corrections for approval
• D.identification of errors with clear error messages at the invoice header and line levels
• E.identification of errors with clear error messages at the invoice header level only

While entering an expense report for your corporate card transactions, you notice that the conversion rate defined in the Manage Conversion Rates and Policies page is not used.
What is the reason?

• A.You did not specify a default expense template.
• B.Only cash transactions use those settings.
• C.You did not define conversion rates for your business unit.
• D.You did not define conversion rates in the General Ledger Cloud.

When reviewing installments, what setup is required to override the supplier site on an invoice?

• A.Allow the remit-to supplier override for third-party payments at Manage Invoice options.
• B.Allow the remit-to supplier override for third-party payments at Manage Payment options.
• C.Allow payee to override for third-party payments while Manage Invoice options.
• D.Allow the remit-to supplier address override for third-party payments at Manage Invoice options.