Download Oracle.1z0-961.PassCertification.2019-01-27.47q.tqb
| Vendor: | Oracle |
| Exam Code: | 1z0-961 |
| Exam Name: | Oracle Financials Cloud: Payables 2017 Implementation Essentials |
| Date: | Jan 27, 2019 |
| File Size: | 182 KB |
Demo Questions
Question 1
After you submitted a Payment Process Request, you noticed errors. You want to void the payments.
Identify two statements that indicate when it is not possible to void a payment. (Choose two.)
- A payment with the status of Issued.
- A payment that has already cleared the bank.
- A payment for an invoice with an associated Withholding Tax invoice.
- A payment that has been accounted and posted to General Ledger.
- A payment that pays a prepayment that has been applied to an invoice.
Correct answer: BE
Question 2
Which component is not included in the security architecture for credit card data and bank account data encryption?
- Payments master encryption key
- Oracle Wallet
- Payments subkeys
- Sensitive data encryption and storage
- Supplier master encryption key
Correct answer: E
Question 3
An installment for $2,000 USD is due for payment on July 31, 2016. The installment has two discounts: the first discount date is June 15, 2016 for $150 USD and the second discount date is June 30, 2016 for $50 USD.
You submit a Payment Process Request with the following criteria:
- Payment Date = June 20, 2016
- Pay Through Date = July 30, 2016
- Date Basis = Due Date
What will be the resulting status of the installment and discount?
- The installment is selected and a discount of $150 USD is applied.
- The installment is selected and a discount of $50 USD is applied.
- The installment is not selected because the due date is after the Pay Through Date.
- The installment is selected and no discount is applied.
- The installment is not selected because the discount dates are before the Pay Through Date.
Correct answer: D
