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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

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


2. What is the invoice type of an unapproved, unmatched invoice that was created in the Supplier Portal?

A) iSupplier Invoice
B) Credit Memo
C) Supplier payment request
D) Standard Invoice
E) Standard invoice request


3. You have modified your tax setup and want to test the changes on actual Payables transactions. How do you validate before enabling for transaction?

A) by using Tax Simulator to test
B) by changing the tax status to test and then entering a payables invoice
C) by creating a payable invoice, and by validating and reviewing the tax application
D) Oracle Transactional Business Intelligence (OTBI)
E) by creating accounting in draft mode


4. What is the recommendation when setting up Reconciliation Rule Sets?

A) One to One rules should be sequenced above rules of other types.
B) Many to Many rules should always be used last in the sequence.
C) Many to Many rules should always be used first in the sequence.
D) One to One rules should be sequenced below rules of other types.


5. What is the difference between subject areas that append the word "Real Time" and those that do not?

A) The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data.
B) The "Real Time" subject areas are based on real-time transactions in the applications, and those that are not, are based on data stored in the Oracle Business Intelligence Applications data warehouse.
C) The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances.
D) There is no difference.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: C

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