1Z0-1055-23 by Oracle Actual Free Exam Questions And Answers

Question 1

You have created your first implementation project. You have assigned the Application Implementation Consultant role to your user. However, you are unable to create and add roles to users in Oracle Identity Management (OIM).
This issue is caused because you did not assign the ________.

A. Line Manager role to your user

B. Superuser role to your user

C. IT Security Manager role to your user

D. Application Implementation Manager role to your user

Discussion 0

Correct Answer: A Vote an answer

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Question 2

Which method can you use to route payment approval rules?

A. Serial and FYI (For Your Information)

B. Parallel

C. Both Parallel and Sequential

D. Approval Groups

E. Sequential

Discussion 0

Correct Answer: C Vote an answer

Question 3

What are the output formats supported for Electronic and Check format programs?

A. Electronic output format of eText, Check output format of rtf

B. Electronic output format of PDF, Check output format of PDF

C. Electronic output format of XML, Check output format of rtf

D. Electronic output format of DATA (csv), Check output format of Zipped PDFs

E. Electronic output format of Text, Check output format of Text

Discussion 0

Correct Answer: E Vote an answer

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Question 4

Your customer has an electronic payment format program in use and wants all the documents to use the pay group "Domestic". What should you do to achieve this?

A. Modify your template to hard code the value "Domestic" for the pay group position.

B. Define a user validation at the formatprogram to include: Field "Document pay group", condition "Equal to String", value "Domestic", and Field "Format Program Code", condition "Equal to String" and value - as desired.

C. Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", value "Domestic", and Field "Document pay group", condition "Required" and value - not applicable.

D. Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", and value "Domestic".

Discussion 0

Correct Answer: B Vote an answer

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Question 5

What is the difference between subject areas that append the word "Real Time" and those that do not?

A. The "Real Time" subject areas are based on real-time transactions in the applications, and those that are not, are based on data stored in the Oracle Business Intelligence Applications data warehouse.

B. The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances.

C. There is no difference.

D. The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data.

Discussion 0

Correct Answer: B Vote an answer

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Question 6

You need to have your invoice line automatically distributed across multiple cost centers. For example, you want your monthly utility bill allocated across multiple cost centers based on a percentage.
Which two are valid methods to achieve this?

A. Define a distribution set and assign it manually to the invoice.

B. Define a payment term and assign it to the invoice.

C. Choose the ,All Lines, option from the Allocate menu in the invoice line area.

D. Define a distribution set and assign it to the supplier.

Discussion 0

Correct Answer: B,D Vote an answer

Question 7

You have evaluated the use of Oracle Maps Cloud service with Expenses for mileage calculation. The decision is to use this feature.
How do you enable the feature?

A. Set the profile option ORA_EXM_ORACLE_MAPS to yes at the site level.

B. Set Enable Oracle Maps to yes in the expense mileage policies.

C. Set Enable Oracle Maps to yes in the expenses system options.

D. Set Enable Oracle Maps to yes in the expense report template.

Discussion 0

Correct Answer: C Vote an answer

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Question 8

Which three are valid reasons why you cannot close your Payables period? (Choose three.)

A. Unaccounted invoices and payments

B. Unapplied prepayments

C. Bills payable requiring maturity

D. Suppliers on payment holds

E. Incomplete payment files

Discussion 0

Correct Answer: A,B,E Vote an answer

Question 9

Which three types of payments can you make if you have access to Disbursement Process Management Duty? (Choose three.)

A. Ad hoc payments

B. Customer refunds

C. Reimbursement of employee expense reports

D. Supplier payments

E. Employee advances

Discussion 0

Correct Answer: A,B,E Vote an answer

Question 10

Which three are invoice types that can be entered using the Supplier Portal? (Choose three.)

A. Invoices that are created from the Evaluated Receipt Settlement (ERS) process

B. Purchase order matched invoices

C. B2B XML invoices

D. Invoices that are automatically created when the supplier creates an ASN for drop shipments

E. Non purchase order matched invoices

Discussion 0

Correct Answer: A,B,C Vote an answer

Oracle Financials Cloud: Payables 2023 Implementation Professional - 1Z0-1055-23 Exam Practice Test

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