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Oracle Financials Cloud: Payables 2022 Implementation Professional

Last Update Jan 25, 2023
Total Questions : 139

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Oracle Financials Cloud: Payables 2022 Implementation Professional Questions and Answers

Questions 1

Identify what Oracle considers two best practices when setting up Payables and Receivablesaccount access for bank reconciliation. (Choose two.)

Options:

A.

Do not assign bank accounts to business units.

B.

Assign a few general ledger cash accounts to multiple bank accounts to facilitate book-tobank reconciliation.

C.

Business units must be grantedaccess to the bank account.

D.

Only business units who use the same ledger as the bank accounts owning legal entity can be assigned access.

E.

Allow bank accounts to be accessed by all roles and users because the default value to secure a bank account by users and roles is No.

Questions 2

Which two statements are true when you are using the Intercompany Reconciliation Reports? (Choose two.)

Options:

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 payables lines generated for the provider and receiver of each intercompany transaction.

C.

The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.

D.

The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the secondbalancing segment or the third balancing segment is out of balance.

E.

You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.

Questions 3

In the Business Intelligence Publisher (BIP) report layout properties page, when you click Extract Translation, the BIP publisher extracts the translatable strings from the BIP report template and exports them into which

format?

Options:

A.

.doc (Word file)

B.

.pdf (Acrobat reader file)

C.

.xls (Excel file)

D.

.xlf (XLIFF file)