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| Section | Objectives |
|---|---|
| Payments | - Create and Process Payments - Void Payments - Manage Payment Process Requests |
| Expenses | - Process Expense Reimbursements - Manage Expense Reports - Audit Expense Reports - Configure Expense Policies |
| Reporting and Analytics | - Use OTBI / BI Publisher for Payables and Expenses - Monitor Invoice and Payment Status |
| Payables Invoices | - Manage Invoice data - Apply advances to invoices - Create and manage Invoices - Create invoices with attachment |
1. Which option allows you to configure payment terms that specify when payments are due for invoices?
A) Payment Process Profiles
B) Payment Documents
C) Payment Methods
D) Payment Terms
2. In Oracle Financials Cloud Payables, what is the of configuring "Withholding Tax Code"
A) To define supplier payment terms
B) To calculate and track taxes withheld from supplier payments
C) To generate detailed payment reports
D) To set up electronic payment methods
3. Which of the following can performed using the Manage Withholding and Transaction Taxes feature In Oracle Financials Cloud Payables?
A) Manage payment terms
B) Manage tax rates and tax formulas
C) Manage invoice approvals
D) Manage expense reports
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B |
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