Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 5

How will system evaluate the tolerances for expense reports?

Answer options

• A. System will calculate error tolerance as (|Policy Rate * (1+Error Tolerance/100)|) currency precision.
• B. System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)*currency precision.
• C. System will calculate error tolerance as Policy Rate * (1+Warning Tolerance+ Error Tolerance/100
• D. System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)
• E. System will use absolute amount tolerance setup to do validations.

Correct answer: C

Explanation

The correct answer, C, correctly describes how the system calculates error tolerance by incorporating both the warning and error tolerances. Option A describes error tolerance but does not include the warning tolerance, while option B focuses solely on warning tolerance. Option D also only accounts for warning tolerance, and option E discusses validation setup rather than tolerance calculation.