1Z0-961 Online Practice Questions and Answers

Your customer has implemented English as base language and French as a local language. The customer's bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?

A. Create your template in English language. then upload it to Business Intelligence (BI) under thecustom/ payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.

B. Create your template in the local language. then upload it to Business Intelligence (BI) under thecustom/payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.

C. Create your template in English language. then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with country locale.

D. Create your template in local language. then upload it to Business Intelligence (BI) under the custom/ payment folder under the templates region with country locale.

A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.

Which two actions will accomplish this?

A. Define the Disbursement Bank Account to every supplier.

B. Define the Disbursement Bank Account to the Payment Method in payment default rules.

C. Assign the Disbursement Bank Account to users to have the payment process default the bank account.

D. Create a Payment Process Request template that includes the Disbursement Bank Account.

E. Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account.

The expense auditor has chosen to Request More Information for an expense report. Select two ways the system processes this action.

A. The expense report is routed back to the approvers.

B. The employee must reply to the notification before the reimbursement process can continue.

C. The employee must resubmit the expense report.

D. Theexpense report status remains Pending Payables Approval.

The payment build program has completed but with errors.

When submitting the payment process request, which processing option is used to review the error messages from the Manage Payment Process Request Inquiry?

A. Set the validation failure handling for documents to "show errors".

B. Set the validation failure handling for payments to "show errors".

C. Enable debug for the payment format program.

D. Set the validation failure handling for payments to "stop process for review".

While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds?

A. The employee can manually release the hold.

B. The employee's supervisor can manually release the hold.

C. Payables Manager can release payment holds in Payables.

D. The expense auditor can manually release the payment hold at his discretion.

E. Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.

Which reports can show you differences between your subledger balances and general ledger balances to help you reconcile quickly?

A. General Ledger Financial Statements and the Accounts Payable and Invoice Registers

B. Payables to Ledger Reconciliation report

C. Payables Aging reports with the General Ledger Trial Balance report

D. Payables Trial Balance and General Ledger Trial Balance reports

An invoice for $1,000 USD and a credit memo for ($1,100) USD are due for payment. What are the two outcomes if you choose the "Apply Credits Up to Zero Amount" option when submitting a Payment Process Request?

A. Only the invoice is paid fully but the credit memo is partially paid with a credit of ($100) USD remaining.

B. Both the invoice and the credit memo are fully paid.

C. Neither the invoice nor the credit memo is included in the Payment Process Request.

D. Both the invoice and the credit memo are included in the Payment Process Request.

Which two statements are true about processing corporate card expenses?

A. Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to cash expenses.

B. You can process payment for credit card using Electronic funds transfer, check, or wire.

C. Usage policy for expense category tolerances does not apply to credit card expenses.

D. Conversion rate defaults apply only to cash expenses, not to corporate card expenses.

E. Card transactions will be paid directly from Expenses Cloud.

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

A. Run the create accounting program.

B. Run the invoice validation program.

C. Remove the documents or payments causing the error and resume thepayment process.

D. Correct the setup errors for remittance bank accounts, third party payees, payment methods, or payment formats and submit resume payment process.

E. Terminate the payment process request.

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?

A. InvoiceApproversSingleParticipantInParallelMode

B. InvoiceApprovers

C. InvoiceApproversParallelParticipantInParallelMode

D. InvoiceApproversFYIParticipantInParallelMode