1z0-1055-21 Oracle Financials Cloud: Payables 2021 Implementation Essentials

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Showing 4–6 of 10 questions

Question 4

During an expense audit the auditor marks an expense item that is missing a receipt to be Short Paid. They choose to complete the audit and warn the user.

Given that the Expense Report Audit Approval is set to After Manager Approval, what two are valid results of the auditor action? (Choose two.)

Select all that apply, then click Submit answer.

  • New expense report containing disallowed expense items is immediately created.

  • Approved part of the expense report is not eligible for expense reimbursement.

  • The approved part of the expense report is eligible for expense reimbursement.

  • New expense report containing disallowed expense items is not created until manager approves the short payment.

Question 5

You need to create a recurring expense for one of your regular expenses.

Which three are frequencies that you can choose for these types of expenses? (Choose three.)

Select all that apply, then click Submit answer.

  • Weekly

  • Monthly

  • Biweekly

  • Annually

  • Bimonthly

Question 6

You have an invoice with a payment term that has the following settings:

• Day of Month = 15

• Cut off Day = 11

• Months Ahead = 0

• Terms Date on Invoice = January 12th

What will the resulting due date for the invoice installment be?

Select an option, then click Submit answer.

  • February 15th

  • March 15th

  • January 15th

  • April 15th