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Updated: May 27, 2026
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Oracle Fusion Financials 11g Accounts Payable Essentials Sample Questions:
1. A company has a requirement to default the disbursement bank account during the payment process request.
Which two actions will accomplish this?
A) Create a payment Process Request template with the disbursement bank account so that it becomes the default.
B) Define the Disbursement Bank Account at the user level; the payment process derives the disbursement hank account associated with the user.
C) Define the Disbursement Bank Account at the Business Unit level; the payment process derives the disbursement hank accounts based on the business unit.
D) Define the Disbursement Bank Account in the Payment Method; the payment process derives the disbursement bonk accounts based on the Payment Method.
E) Define the Disbursement Bank Account in the Payment Process Profile; the payment process derives the disbursement bank accounts based on the Payment Process Profile.
2. Select three valid invoice line types.
A) Interest
B) Tax
C) Freight
D) Charges
E) Miscellaneous
3. Which three accounting event types are predefined for the Accounting Event Class Prepayment Applications?
A) Prepayment Validated
B) Prepayment Application Adjusted
C) Prepayment Adjusted
D) Prepayment Applied
E) Prepayment Unapplied
4. A company plans to provide access to certain employees with rights to update the cost center information with the expenses application.
What duty must a user have in order to update cost center information?
A) Project expense Allocation Duty
B) Export Duty
C) Expense Entry Duty
D) Expense Account Allocation Duty
E) Expense Audit Duty
5. A company needs to implement corporate cards with Company Pay or Both Pay Payments liability.
Select three correct statements regarding corporate card implementation.
A) Setting up of expense clearing account is required only for Company Pay and Both Pay payment liability.
B) Specific expense clearing account can be set up per card program.
C) Payables uses the clearing account to record only the debits.
D) One clearing account can be set up for all card programs.
Solutions:
| Question # 1 Answer: A,E | Question # 2 Answer: B,C,E | Question # 3 Answer: B,D,E | Question # 4 Answer: D | Question # 5 Answer: A,B,C |
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