Free Oracle 1z0-507 Exam Dumps Questions & Answers

An employee traveled to a different city on a business trip. During the course of travel, the employee used the corporate card provided by his company for both business and personal expenses.
Upon his return, the employee created an expense report. The company is processing the expense report as Both Pay Corporate Card Transactions.
What will the result be?

• A.  Both business and personal expenses will be reimbursed to the employee.
• B.  Reimbursements will be made to the employee instead of the corporate card issuer.
• C.  Only business expenses incurred using the corporate card will be reimbursed to the card Issuer.
• D.  Reimbursement will be made to the employee and the corporate card Issuer.
• E.  All expenses incurred using a corporate card will be paid to the card Issuer.

What are the three benefits derived by a Payables Manager when implementing Oracle fusion Payables?

• A.  Simplified and expeditious reporting
• B.  Streamlining reconciliation to the general lodger
• C.  Streamlining accounting policy changes
• D.  Fulfilling of demands for local compliance
• E.  Improvement in processing speed and manageability

Identify two benefits of using the iSupplier Invoice approval process.

• A.  manual routing for approvals
• B.  automatic routing for approval
• C.  automatic Hold Resolution
• D.  manual Hold Resolution

Identify three invoice options that can be configured on the Manage Invoice Options page for Self-Service Invoices.

• A.  Require invoice grouping.
• B.  Allow unit price change for quantity based matches.
• C.  Require validation before approval.
• D.  Allow invoice backdating.
• E.  Limit the invoice to single purchase order.

Which three options in a Quick Payment do NOT impede the selection of documents?

• A.  Due Date
• B.  Currency
• C.  Payment Terms
• D.  Business Unit
• E.  Payment Method