Knowledge quiz

It's time to put what you've learned to the test, get 3 right to pass this unit.

How does a user locate a specific vendor invoice within the Concur Invoice Manager?

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Users can search for invoices using criteria like vendor name, invoice number, total amount, or invoice name within the My Invoice Manager page.

Users must navigate to the Archived Reports section and download a comprehensive transaction history to find the invoice.

Users should contact Concur support and provide the date of submission to have them manually locate the invoice.

Users are required to submit a formal request through the IT department, which will then query the database for the invoice.

What action should the invoice approver take regarding the invoice to ensure compliance and proper documentation?

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Thoroughly review the invoice for accuracy, completeness, and policy adherence, cross-referencing with original documents, and then take action using Approve, Send Back, or Approve and Forward, adding clear comments as needed.

Bypass the detailed review and automatically approve the invoice to expedite payment processing, assuming the amount is within the predefined threshold and no immediate red flags are apparent.

Quickly scan the invoice for the total amount and vendor name, then approve it if it seems reasonable based on past experiences, without necessarily verifying each line item or supporting document.

Delegate the approval task to a junior team member for initial screening, instructing them only to escalate invoices exceeding a specific monetary value or those from unfamiliar vendors.

 What action does an AP User perform during the initial review of invoices within Concur Invoice?

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Handle the initial review, editing, and assignment of invoices to the appropriate invoice owner for further processing.

Approve the invoice for payment, ensuring compliance with company policies and budget allocations.

Delete the Invoice.

Forward the invoice directly to the accounting department for immediate payment processing.

Which core technologies enable Concur Invoice Capture to automatically extract invoice data from vendor documents?

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Optical character recognition (OCR) and machine learning

Data loss prevention (DLP) and robotic process automation

Blockchain validation and distributed ledger technology

Electronic data interchange (EDI) and cloud-based storage