You have successfully processed the expense reports for reimbursement and have transferred the information to Payables. What is the next step before you can pay them?

• A. Validate the invoice in Payables.
• B. Transfer the data to General Ledger.
• C. Create a payment process request in Payments.
• D. Create Accounting for the invoice in Payables.

You use corporate cards with expenses and have implemented the Company Pay payment option. An employee incurred the following expenses.
What is the resulting payment amount made to the employee for these expenses?

• A. 500
• B. 1449
• C. 201
• D. 949

Which job role has full access to perform all Functional Setup Manager related activities?

• A. Functional Setup Manager Superuser
• B. IT Security Manager
• C. Application Implementation Consultant
• D. Any Functional User
• E. Application System Administrator

An Office supplies company requires an advance payment of $8000 for the office supplies you wish to order. You enter and pay a prepayment type invoice for $8000. You enter the standard invoice to book the expense which totals $10000 and you apply the prepayment to the standard invoice.
What are the accounting entries for that standard invoice with the prepayment application?

• A. Invoice Accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr Expense Account 8000 Cr Prepayment Account 8000.
• B. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability Account 2000 Cr Prepayment Account 2000.
• C. Invoice accounting - Dr Prepayment Account 10000 Cr AP Liability Account 10000.The prepayment application has no impact on the Invoice.
• D. Invoice accounting - Dr Expense Account 10000 Cr AP Liability Account 10000.Prepayment application - Dr AP Liability 8000 Cr Prepayment Account 8000.