Oracle Financials Cloud: Payables 2018 Implementation Essentials - 1Z1-1005 Exam Practice Test

A. The payment process request creates a refund for $225 USD and leaves the invoice unpaid.

B. The payment process request doesn't select the invoice or credit memo for payment because the credit reduces the payment to - $25 USD, which is below zero.

C. The payment process request applies $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates a payment for $0 USD.

D. The payment process request pays only $200 USD alone.

A. PO Number

B. Payment Method

C. Invoice Number

D. Terms Date

E. Invoice Date

A. validates project information

B. creates accounting entries in draft

C. opens the relevant accounting period

D. creates tax lines and distributions

E. updates supplier balances

A. You can export and import the custom roles from Oracle Identity Manager.

B. You can export and import the approval rules from the approval management engine.

C. You can export and import selected business units.

D. You can export and import the allocation rules from the allocation manager.

E. You can export and import selected business object services.

A. Only business units who use the same ledger as the bank accounts owning legal entity can be assigned access.

B. Assign a few general ledger cash accounts to multiple bank accounts to facilitate book-tobank reconciliation.

C. Allow bank accounts to be accessed by all roles and users because the default value to secure a bank account by users and roles is No.

D. Do not assign bank accounts to business units.

E. Business units must be granted access to the bank account.

A. Issued

B. In Transit

C. Negotiable

D. Cleared

A. February 15th

B. January 15th

C. March 15th

D. April 15th

A. Oracle Business Intelligence Publisher

B. Oracle Transactional Business Intelligence (OTBI)

C. Oracle Financial Reporting Studio

D. Essbase Cube

E. Smart View

A. Serial and FYI (For Your Information)

B. Parallel

C. Both Parallel and Sequential

D. Approval Groups

E. Sequential

A. Make sure you assign an Account parameter when running the extract to include liability accounts.

B. Make sure you enabled the Reconciliation flag to all of your liability natural account values.

C. Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.

D. Make sure you specified a Business Unit in the parameters when running the extract.