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Exam 1z0-961 topic 1 question 23 discussion

Actual exam question from Oracle's 1z0-961
Question #: 23
Topic #: 1
[All 1z0-961 Questions]

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.
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Suggested Answer: CD 🗳️

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SH69
4 years, 10 months ago
Answer: CD Oracle Fusion Expenses enables your company to set up corporate card usage rules to enforce its policies regarding the use of corporate cards. On the Manage Corporate Card Usage Policies page, you can define the allowable amount for each expense category that can be charged as a cash expense. Above this allowable amount, employees are required to use their corporate cards. Employees who exceed the allowable limit receive a warning message, while completing expense entry, that reminds them to use the corporate card or an error message that actually prevents submission of the expense report. The application also notifies the auditor and manager of the policy violations. Alternatively, if no limits are defined, Expenses allows you to submit cash expenses of any amount.
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Yasas
4 years, 11 months ago
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.
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