Which two statements are true when you are using the Intercompany Reconciliation Reports? (Choose two.) A. You must run the prepare Intercompany Reconciliation Reporting Information process. B. The reconciliation period summary report will not show the intercompany receivables and intercompany…

You have just imported invoices from a spreadsheet. What is the validation status of the imported invoices? A. Needs Revalidation B. Not Validated C. Not Required D. Imported E. Validated

An installment meets all the selection criteria of a Payment Process Request, but it still does not get selected for payment processing. What are the two possible reasons for this? (Choose two.) A. The pay-through date is in a closed…

If you accidentally paid an invoice using Create Payment flow, can you undo the operation? A. yes, by canceling the payment process from the process monitor B. Cancel the invoice and create a new one. C. yes, by voiding the…

You want to route invoices to three different approvers at the same time and only one approver needs to approve the invoice. Which approval ruleset should you use? A. InvoiceApproversFYIParticipantInParallelMode B. InvoiceApproversSingleParticipantInParallelMode C. InvoiceApproversParallelParticipantInParallelMode D. Invoice Approvers

When creating a check payment, from where is the payment document defaulted? A. Legal Entity B. Bank C. Business Unit D. Bank Account E. Supplier

You have invoices with distributions across primary balancing segments that represent different companies. What feature should you use if you want the system to automatically balance your invoice’s liability amount across the same balancing segments on the invoice distributions? A.…

You need to enter a last-minute invoice during the close process. What is the quickest way to enter and post the invoice to general ledger? A. Enter the invoice via a spreadsheet. Then, from the Manage Invoices page, query the…

You want your expense auditors to audit only expense reports for specific business units. How do you do this? A. Create a custom duty role and assign the data roles to each auditor. B. Create your own audit extension rules…

Which invoice types can be included in the Create Payment flow? A. Standard, Credit Memo and Debit Memo B. Standard, Credit Memo and Customer Refund C. Standard, Credit Memo, and Invoice RequestD. Standard, Debit Memo and Customer Refund