Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 55

Your company policy requires that receipts be attached to expense report items before reimbursement can be made.
Which two statements are true about the association of a receipt to an expense report?

Answer options

• A. Users can maintain scanned receipts in a central repository and provide a reference number in the expense report.
• B. Receipts are not required if the expense item falls within Per Diem Rates.
• C. Expenses do not create payment requests for expense reports that have missing or overdue receipts.
• D. An expense report may require original, imaged, or both types of receipts.

Correct answer: C, D

Explanation

Option C is correct because expense reports with missing or overdue receipts do not trigger payment requests, ensuring compliance with the policy. Option D is also correct as it indicates that an expense report can require different types of receipts. Options A and B are incorrect; A suggests an alternative method that may not align with the policy, and B incorrectly states that receipts are not needed under certain conditions.