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Updated: May 26, 2026

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Oracle Fusion Financials 11g Accounts Payable Essentials Sample Questions:

1. What invoice approval status is required to apply the invoice approval action Hold from Approval?

A) Required
B) Resubmit for Approval
C) Initiated
D) Rejected
E) Held from Approval


2. Where is the Expense Clearing Account and Payment Option set up in Expenses?

A) Business Unit System Options
B) Payables System Options
C) Edit Expenses Systems Options
D) Create or Edit Company Account pop-up menu
E) Expense Report template


3. A Payment Process Request was submitted. Subsequently, the user realized that there are some errors in the payment file.
The payment process was terminated by terminating the payment file.
Which three statements are true?

A) The application informs the source product of the terminated documents payable, unlocks the documents, and resets their status so that the documents are available for future selection.
B) The application sets the status of each payment in the payment file to terminated.
C) The application sets the status of the payment file to terminated.
D) The application sets the status of each payment in the payment file to Canceled.
E) The application sets the status of the payment file to Canceled.


4. Which three options are true regarding the association of a receipt to an expense report?

A) Users can maintain scanned receipts in a central repository and provide a reference number in the expense report.
B) Users can add a receipt manually to the expense report at the report level.
C) Users can fax or email receipts with bar-coded cover sheets.
D) Users can maintain a physical receipt and provide a reference number in the expense report.
E) Users can add a receipt to the expense report at the line level.


5. Identify three statements that are true for a supplier's bank details.

A) Bank accounts can be added at any time for a supplier or supplier site.
B) Updating bank accounts for a supplier will NOT affect bank accounts for existing supplier sites.
C) Accounts Payables use bank account information to generate an electronic payment for a supplier.
D) Suppliers maintain their Bank details.
E) Bank details are required only for manual check payments.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: A,C,D
Question # 4
Answer: A,C,E
Question # 5
Answer: A,B,C

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