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Oracle 1z1-507 : Oracle Fusion Financials 11g Accounts Payable Essentials

1z1-507 real exams

Exam Code: 1z1-507

Exam Name: Oracle Fusion Financials 11g Accounts Payable Essentials

Updated: Aug 22, 2026

Q & A: 119 Questions and Answers

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Oracle 1z1-507 Exam Syllabus Topics:

SectionObjectives
Accounting and Period Close- Period end close processes
- AP accounting entries
Reporting and Controls- AP reporting tools and analysis
- Audit and compliance controls
Supplier and Invoice Management- Supplier setup and maintenance
- Invoice creation and validation
- Invoice matching and approvals
Payments Processing- Payment processing and reconciliation
- Payment methods and formats
Accounts Payable Overview- AP business processes overview
- AP setup and configuration

Oracle Fusion Financials 11g Accounts Payable Essentials Sample Questions:

Question 1

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

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


Question 2

Which tab invokes the worklist content in the Expense Report region?

A. In Progress Tab
B. Pending Approval Tab
C. Processed Tab
D. Requiring My Approval Tab


Question 3

Which three fields are required to create an invoice without a purchase order through the Supplier Portal?

A. Remit to name
B. Taxpayer ID
C. Requester E-Mail
D. Supplier Name
E. Tax Registration Number


Question 4

Which three fields are required in the Invoice Header when creating an invoice using the spreadsheet options?

A. Payment Term
B. Invoice Group
C. Supplier Site
D. Invoice Amount
E. Invoice Number


Question 5

Identify two benefits of using the iSupplier Invoice approval process.

A. manual routing for approvals
B. automatic Hold Resolution
C. manual Hold Resolution
D. automatic routing for approval


Solutions:

Question 1
Answer: A,B,D
Question 2
Answer: B
Question 3
Answer: A,B,D
Question 4
Answer: A,D,E
Question 5
Answer: C,D

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