Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 66

You have modified your tax setup and want to test the changes on actual Payables transactions. How do you validate before enabling for transaction?

Answer options

• A. by creating accounting in draft mode
• B. by changing the tax status to test and then entering a payables invoice
• C. by creating a payable invoice, and by validating and reviewing the tax application
• D. Oracle Transactional Business Intelligence (OTBI)
• E. by using Tax Simulator to test

Correct answer: E

Explanation

The correct answer is E because Tax Simulator allows you to thoroughly test tax setups without affecting actual transactions. The other options do not provide a comprehensive testing mechanism for tax configurations in the same way that Tax Simulator does.