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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Configuration & Setup Updates | 30% | - Payables Configuration Changes
|
| Topic 2: Security & Compliance Updates | 10% | - Data security and access control changes
|
| Topic 3: Integration & Reporting Enhancements | 20% | - New & Enhanced Reports
|
| Topic 4: New Features & Enhancements (Release 24A - 25A) | 40% | - Expenses New Functionality
|
Question 1
Which of the following best describes the purpose of the Payables to Ledger Reconciliation Report?
A. To reconcile the data between Payables and Receivables modules-
B. To reconcile the data between Payables and Cash Management modules.
C. To reconcile the data between Payables and General (GL) modules.
D. To reconcile the data between Payables and Inventory modules.
Question 2
What is the purpose of the payment process profile in Oracle Financials Cloud Payables?
A. To determine the default bank account for payments
B. To define the payment format for electronic payments
C. To specify the payment method for a supplier
D. To set up payment instructions for a payment process request
Question 3
Which of the following is a benefit of performing bank reconciliations in Oracle Financials Cloud Payables?
A. Identifying any discrepancies between payments made and bank transactions.
B. Verifying the accounts payable balances with the bank's records.
C. Ensuring the accuracy of financial transactions recorded in the general ledger.
D. Comparing the accounts receivable balances with the bank's records.
Solutions:
| Question 1 Answer: C | Question 2 Answer: D | Question 3 Answer: A |
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