Question 1

When reviewing installments, what setup is required to override the supplier site on an invoice?

Options :

A : Allow the remit-to supplier override for third-party payments at Manage Invoice options.

B : Allow the remit-to supplier address override for third-party payments at Manage Invoice options.

C : Allow payee to override for third-party payments while Manage Invoice options.

D : Allow the remit-to supplier override for third-party payments at Manage Payment options.

Answer: B

Question 2

Your client company wants to ensure that the payments they are sending to their financial institution are valid and formatted correctly. They would like to identify any validation failures as early in the process as possible.
Where would you suggest the validations are set?

Options :

A : Supplier Site

B : Payment Method

C : Payment Format

D : Payment Terms

E : Disbursement Bank Account

Answer: B

Question 3

In what order should the import process be run when importing suppliers?

Options :

A : Supplier, Supplier Site Contacts, Supplier Site, Supplier Site Assignment

B : Supplier, Supplier Address, Supplier Site, Supplier Site Assignments

C : Supplier, Supplier Site Assignment, Supplier Site, Supplier Contacts

D : any order

Answer: B

Question 4

An installment meets all the selection criteria of a Payment Process Request, but it still does not get selected for payment processing.
What are the two possible reasons for this? (Choose two.)

Options :

A : The pay-through date is in a closed Payables period.

B : The invoice has not been accounted.

C : The invoice requires approval.

D : The pay-through date is in a future period.

E : The invoice needs re-validation.

Answer: A,C

Question 5

How will system evaluate the tolerances for expense reports?

Options :

A : System will calculate error tolerance as (|Policy Rate * (1+Error Tolerance/100)|) currency precision.

B : System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)*currency precision.

C : System will calculate error tolerance as Policy Rate * (1+Warning Tolerance+ Error Tolerance/100).

D : System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100).

E : System will use absolute amount tolerance setup to do validations.

Answer: D

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