Question 1

Your company accrues expense items at period end. Identify the report that must be generated before you run your receipts’ accrual period-end process.

Options :

A : Accrual Write-Off

B : Uninvoiced Receipts

C : Mass Additions Create

D : Accounts Payable Trial Balance

Answer: B

Question 2

To review “All of Today’s” selected invoice from the payment process request in the Payment Manager, perform these actions:

1. Navigate to the Payment Process Request component.

2. Navigate to the (B) Views window.

3. Select “All of Today’s” from the drop-down list.

4. Click the Go button.

5. The payment process request for today is displayed.

Select the actions, arranged in their proper sequence.

Options :

A : 2, 3, 4, 5

B : 5, 2, 3, 4

C : 1, 2, 3, 4, 5

D : 5, 2, 3, 4, 5

Answer: C

Question 3

In the accrual process for perpetual accruals, which two events generate accounting entries that can be transferred to GL? (Choose two.)

Options :

A : processing a receipt

B : entering a purchase order

C : running the period-end accrual program

D : entering invoices and matching them in Payables

Answer: A,D

Question 4

Identify the table used to load procurement card transactions.

Options :

A : AP_Card_Codes

B : AP_Invoices_Interface

C : AP_Invoice_Lines_Interface

D : AP_Expense_Feed_Lines_All

Answer: D

Question 5

You have received an invoice that requires an immediate payment. The next scheduled check run is not until the end of the week. Which two methods may you use to create the payment? (Choose two.)

Options :

A :

Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a quick payment.

B :

Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a manual payment.

C :

Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a quick payment.

D :

Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a manual payment.

Answer: A,C

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