Oracle - 1Z0-1055-23 - Oracle Financials Cloud: Payables 2023 Implementation Professional High Hit-Rate Accurate Study Material
Oracle - 1Z0-1055-23 - Oracle Financials Cloud: Payables 2023 Implementation Professional High Hit-Rate Accurate Study Material
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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions (Q29-Q34):
NEW QUESTION # 29
Which method can you use to route payment approval rules?
- A. Both Parallel and Sequential
- B. Parallel
- C. Serial and FYI (For Your Information)
- D. Sequential
- E. Approval Groups
Answer: A
NEW QUESTION # 30
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. Application Implementation Manager role to your user
- B. IT Security Manager role to your user
- C. Superuser role to your user
- D. Line Manager role to your user
Answer: D
Explanation:
For an implementation to begin, at least one user must be provisioned with the Application Implementation Manager role, and another or the same user must be provisioned with the ApplicationImplementation Consultant role. The Application Implementation Consultant has broad access to set up all enterprise structures.
NEW QUESTION # 31
Your client company wants to ensure that the payments they are sending to their financial institution are valid and formatted correctly. They would like to identify any validation failures as early in the process as possible.
Where would you suggest the validations are set?
- A. Payment Format
- B. Supplier Site
- C. Payment Terms
- D. Disbursement Bank Account
- E. Payment Method
Answer: B
NEW QUESTION # 32
Which statement is true about selecting a bank account on the Create Payment page?
- A. Bank account must match the supplier's bank account.
- B. Users can pick any bank account as long as the bank account is tried to the business unit.
- C. LE on the bank account should be different from the LE on the invoice.
- D. LE on the bank account should be equal to LE on the invoice.
- E. There is no relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system.
Answer: E
Explanation:
Note: LE = legal entity
NEW QUESTION # 33
Identify two ways the invoice imaging solution works in the Cloud.
- A. Customers scan and store the invoice images on-premise and attach them during invoice entry.
- B. Customers ask suppliers to send electronic invoices.
- C. Customers scan the invoice on-premise and email the images.
- D. Customers ask their suppliers to scan and email the invoice.
- E. Customers cannot use invoice imaging in the Cloud.
Answer: C,E
NEW QUESTION # 34
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