Online Access Free 1z1-961 Practice Test

During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa than the one used by your company.
How do you handle this situation?

• A.Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversation rate settings and you do not violate the allowable limit.
• B.Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.
• C.Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.
• D.Use the corporate-defines conversion rate even if it means you will not be reimbursed fully.

Which three are attributes that are recognized by Invoice Imaging? (Choose three.)

• A.Payment Method
• B.Invoice Number
• C.PO Number
• D.Invoice Date
• E.Terms Date

A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to make the cross currency rate type the default?

• A.Manage Payable Options and Manage common options for Payables and Procurement
• B.Manage Invoice Options and Manage Procurement agents
• C.Manage common options for Payables and Procurement and Manage Procurement agents
• D.Manage Invoice Options and Manage common options for Payables and Procurement
• E.Manage Payable Options and Manage Invoice Options

After you submitted a Payment Process Request, you noticed errors. You want to void the payments.
Identify two statements that indicate when it is not possible to void a payment. (Choose two.)

• A.A payment that has already cleared the bank.
• B.A payment that has been accounted and posted to General Ledger.
• C.A payment with the status of Issued.
• D.A payment for an invoice with an associated Withholding Tax invoice.
• E.A payment that pays a prepayment that has been applied to an invoice.

Which three types of payments can you make if you have access to Disbursement Process Management Duty?
(Choose three.)

• A.Customer refunds
• B.Employee advances
• C.Supplier payments
• D.Ad hoc payments
• E.Reimbursement of employee expense reports