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Oracle 1z0-507 Exam Syllabus Topics:

Oracle Fusion Financials 11g Accounts Payable Essentials Sample Questions:

1. What are the three payment types?

A) Quick
B) Check
C) Refund
D) Wire
E) Manual

2. Identify three predefined accounting event classes used by subledger Accounting.

A) Payment Process Request
B) Refunds
C) Third Party Merge
D) Expense Report
E) Bills Payable

3. Identify three sections that are part or the Accounts Payables Dashboard.

A) Invoice Requiring Attention
B) Payables Process Request
C) Supplier Sites on Payment Hold.
D) Payments Files Requiring Attention
E) Available Prepayments

4. Which two Payment Controls can be overridden by creating a manual Single Payment Request?

A) All payment methods
B) Allow Pre-Date
C) Enable Charge Deduction from Payment
D) Multiple Pay Alone Invoices
E) Supplier, with the Hold All Payments option enabled

5. Where is the Expense Clearing Account and Payment Option set up in Expenses?

A) Payables System Options
B) Business Unit System Options
C) Create or Edit Company Account pop-up menu
D) Expense Report template
E) Edit Expenses Systems Options

Solutions: