Question 1

You can hold the payment of an entire invoice or part of an invoice. This hold prevents a validated invoice from being selected in a Payment Batch, and paid. Identify the Payables window where you can select the Hold check box to place the invoice on a Payment Hold.

Options :

A : Enter Payments

B : Invoice Overview

C : Invoice Distributions

D : Scheduled Payments

Answer: D

Question 2

Identify the four reports you must run when reconciling invoices and payments to the Accounts Payable Trial Balance Report. (Choose four.)

Options :

A : Void Check Register

B : Posted Invoices Report

C : Posted Payments Report

D : Accounts Payable Trial Balance – prior period

E : Payables Transfer to General Ledger Reports

F : Accounts Payable Trial Balance – current period

G : Account Analysis – (132 Char) / Account Analysis – (180 Char).

Answer: B,C,D,F

Question 3

Identify the profile option that is required to enable Multi-Org Access Control for multiple Operating Units.

Options :

A : HR: User Type

B : MO: Operating Unit

C : MO: Security Profile

D : HR: Business Group

E : MO: Default Operating Unit

Answer: C

Question 4

Which statement is true about paying invoices?

Options :

A : An invoice can be paid without being validated.

B : An invoice can be paid only after the invoice accounting entries are created.

C : An invoice must be validated before you can create invoice accounting entries.

D : Invoice accounting entries and payment accounting entries can be transferred at different times to General Ledger only if they are in different calendar periods.

E : Both invoice accounting entries and payment accounting entries must be transferred to General Ledger at the same time, if they are in the same calendar period.

Answer: C

Question 5

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