CIS-APM Exam Questions and Answers

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NEW QUESTION: 1
During the User acceptance testing of your Cloud Procurement implementation, a user has created a purchase order and is trying to submit the purchase order for approval. On clicking Submit, the user gets a "Funds check failed" error.
Identify the cause of this error.
A. Funds are available but the approver is not set up as "Budget Manager" for the selected budget for the businessunit.
B. Funds are insufficient and budget type is "Advisory".
C. Funds are insufficient and budget type is "Track".
D. Funds are insufficient and budget type is "Absolute".
Answer: D
Explanation:
The options for budgetary control settings are as follows: Absolute, Advisory, end None
Absolute: If Absolute is entered, the transaction is rejected unless funds are available.
Advisory: If Advisory is entered, the transaction is approved even when no funds or insufficient funds are available.
None: If None is entered, all transactions are approved and there is no funds check.
References:https://docs.oracle.com/cd/E18727_01/doc.121/e13567/T237204T237227.htm


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