1Z0-507 Questions and Answers

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Oracle Fusion Financials 11g Accounts Payable Essentials: 1Z0-507

Rating: 4.7

Vendor: Oracle

Certifications: Others Oracle Certifications

Exam Name: Oracle Fusion Financials 11g Accounts Payable Essentials

Exam Code: 1Z0-507

Total Questions: 119 Q&As

Last Updated: Dec 11, 2021

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1Z0-507 Online Practice Questions and Answers

Questions 1

What are the three benefits derived by a Payables Manager when implementing Oracle fusion Payables?

A. Simplified and expeditious reporting

B. Fulfilling of demands for local compliance

C. Streamlining reconciliation to the general lodger

D. Improvement in processing speed and manageability

E. Streamlining accounting policy changes

Show Answer
Questions 2

Which three statements are true when a prepayment is applied to an invoice by selecting the option Include on Invoice?

A. The prepayment amount available for application is reduced.

B. The unpaid invoice amount is reduced by the amount of the prepayment application.

C. The unpaid invoice amount is not affected by the prepayment application.

D. The invoice is updated to reflect the amount paid by prepayment in the Installments tab.

E. The prepayment amount paid is NOT updated In the Installment tab of invoice.

Show Answer
Questions 3

Identify three features of Expenses regarding expense report approvals.

A. Enforce Receipts received automatically before approval

B. Review of Cost Center and Project Allocations

C. Integration with Fusion Imaging and Process Management

D. Automatic conversion to User Preferred currency

E. Spotting of issues, thus facilitating informed decisions using previous expense patterns

Show Answer More Questions

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