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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.

• A. A payment that pays a prepayment that has been applied to an invoice.
• B. A payment that has already cleared the bank.
• C. A payment that has been accounted and posted to General Ledger.
• D. A payment for an invoice with an associated Withholding Tax invoice.
• E. A payment with the status of Issued.

Your client company wants to ensure that the payments they are sending to their financial institution are valid and formatted correctly. They would like to identify any validation failures as early in the process as possible.
Where would you suggest the validations are set?

• A. Supplier Site
• B. Payment Terms
• C. Payment Format
• D. Payment Method
• E. Disbursement Bank Account

During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa that the one used by your company.
How do you handle this situation?

• A. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.
• B. Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.
• C. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.
• D. Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.

While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds?

• A. The expense auditor can manually release the payment hold at his discretion.
• B. The employee can manually release the hold.
• C. Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.
• D. The employee's supervisor can manually release the hold.
• E. Payables Manager can release payment holds in Payables.

Your intercompany transaction type is active and enabled for invoicing. What are the two prerequisites to generate intercompany receivables and intercompany payable transactions after the Generate Intercompany Allocations process is run?

• A. Schedule create accounting for the intercompany process.
• B. Supplier site primary pay flag and customer account bill to primary flag should be enabled.
• C. Run the processes Create Intercompany transactions to Receivables and Create Intercompany transactions to Payables.
• D. For the Legal Jurisdiction, Legal function: "Generate intercompany invoice" should be assigned.
• E. Manual Approvals should be allowed for the transaction type.
• F. Run the processes Transfer Intercompany transactions to Receivables and Transfer Intercompany transactions to Payables.