Free Oracle 1z0-507 Exam Dumps Questions & Answers


Exam Code/Number:	1z0-507Join the discussion
Exam Name:	Oracle Fusion Financials 11g Accounts Payable Essentials
Certification:	Oracle
Free Question Number:	119
Publish Date:	Aug 03, 2026
# of views:	2333
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Total 119 questions

Question 1

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

Question 2

Identify three correct statements about Invoice Approval.

A.Approval rules can be set up at position, job, and supervisory hierarchy levels depending on approval needs.
B.You can NOT define different approval rules for purchase order matched and unmatched invoice.
C.You can define different approval rules for purchase order matched and unmatched Invoices.
D.Invoice approval uses Oracle Approval Management to determine who approves invoices and how they will be routed to different approval levels.
E.Invoice approval is required for customer refund payment requests.

Question 3

You are assigned a duty role of Supplier Profile Management. Which three tasks tan you perform?

A.Import and merge suppliers
B.Maintain suppliers
C.Maintain supplier Income Tax information
D.Maintain supplier payments
E.Maintain supplier Tax Identifiers PII data

Question 4

An installment meets all the selection criteria of a payment process request but still did NOT get selected for payment.
Identify two reasons for this.

A.The invoice has NOT been accounted.
B.The invoice needs revalidation.
C.The installment was manually removed.
D.The pay-through date is in the closed period.
E.The pay-through date is in the future period.

Question 5

Which expense approval rule would route the approval to the next level if the approval amount reaches the threshold?

A.approvals by supervisors
B.approvals by expanse templates
C.approvals based on the position hierarchy
D.approvals by cost center managers
E.approvals by project managers