1Z0-961 Exam Questions

Which two statements are true when you are using the Intercompany Reconciliation Process?

When creating a check payment, from where is the payment document defaulted?

Your intercompany transaction type is active and enabled for invoicing. What are the two prerequisites to generate intercompany receivables and intercompany payable transactions af...

Which two statements are true related to configuration package?

What are the output formats supported for Electronic and Check format programs?

During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different...

You have created an approval rule as follows: Rule 1: If the invoice amount > $1000, route it to User 1. Rule 2: If the invoice amount < $1000, auto approve it. Now, the user creat...

Select three statements about the submission of invoices by suppliers using Supplier Portal.

You have just imported invoices from a spreadsheet. What is the validation status of the imported invoices?

You are using the Payable's Deferred Expense feature (also known as Multiperiod Accounting). You have entered an invoice for a three-month lease that is entered on Jan 10th. The to...

You are resolving payment validation errors during the payment build process. Which two actions can you perform to resolve these errors?

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

You want to route invoices to three different approvers at the same time and only one approver needs to approve the invoice. Which approval ruleset should you use?

An installment for $1,000 USD is due for payment on January 10, 2016. The installment has two discounts: the first discount date is December 5, 2015 for $150 USD and the second dis...

Which statement is correct if the payment terms entered in the invoice differ from the payment terms on the purchase order?

Which statement is true about selecting a bank account on the Create Payment page?

Your company wants to generate intercompany transactions in USD but only if the amount involved is $3,000 USD or more. Which two intercompany system options are valid?

What happens if a company runs the Payables Unaccounted Transactions Sweep program for February 2016 if the invoices with a Hold status have an invoice date of January 20, 2016?

You want your expense auditors to audit only expenses reports for specific business units. How do you do this?