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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

1. Identify three statements that indicate the purpose of Functional Setup Manager.

A) It automatically generates lists of setup tasks in the correct sequence with dependencies highlighted.
B) It provides a central place to access and perform all of the setup steps across the applications.
C) It automatically marks the completion status of tasks as Completed once they have been completed.
D) It allows you to centrally manage the close processes across subledgers and ledgers.
E) it allows you to assign setup tasks to individuals with due dates where users must manually update their completion status.

2. You have three procurement business units, four requisition business units and five sold-to business units. For which will the supplier registration flows be deployed?

A) twelve business units per supplier
B) five sold-to business units
C) one business unit per supplier
D) three procurement business units
E) four requisition business units

3. You have created your first implementation project. You have assigned the Application Implementation Consultant role to your user. However, you are unable to create and add roles to users in Oracle Identity Management (OIM).
This issue is caused because you did not assign the ________.

A) Application Implementation Manager role to your user
B) IT Security Manager role to your user
C) Superuser role to your user
D) Line Manager role to your user

4. Which invoice types can be included in the Create Payment flow?

A) Standard, Credit Memo, and Invoice Request
B) Standard, Debit Memo and Customer Refund
C) Standard, Credit Memo and Debit Memo
D) Standard, Credit Memo and Customer Refund

5. When working with reference data sets in Payables, what reference data sharing method can you use for Payables Payment Terms?

A) Assignment to one set only with common values
B) Assignment to multiple sets; no common values allowed
C) Assignment to one set only; no common values allowed
D) Assignment to multiple sets with common values allowed

Solutions: