Oracle Planning 2017 Implementation Essentials — Question 25

Which two statements are true about processing corporate card expenses?

Answer options

• A. Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to cash expenses.
• B. You can process payment for credit card using Electronic funds transfer, check, or wire.
• C. Usage policy for expense category tolerances does not apply to credit card expenses.
• D. Conversion rate defaults apply only to cash expenses, not to corporate card expenses.
• E. Card transactions will be paid directly from Expenses Cloud.

Correct answer: C, D

Explanation

Statement C is correct because the usage policy for expense category tolerances does not extend to credit card expenses. Statement D is also accurate since conversion rate defaults are specifically applicable to cash expenses and do not apply to corporate card expenses. The other options are incorrect as they misrepresent the relationship between corporate card expenses and the stated policies.