New 1Z0-1055-23 Exam Duration - Latest 1Z0-1055-23 Dumps Free
New 1Z0-1055-23 Exam Duration - Latest 1Z0-1055-23 Dumps Free
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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions (Q87-Q92):
NEW QUESTION # 87
Which statement is correct if the payment terms entered in the invoice differ from the payment terms on the purchase order?
- A. The user needs to specify which payment term to use.
- B. The payment term of the invoice overrides the purchase order payment term.
- C. The user needs to manually change the payment term on the invoice to match the purchase order payment term.
- D. The payment term of the purchase order overrides the invoice payment term.
- E. The purchase order payment term cannot be overridden.
Answer: E
NEW QUESTION # 88
You use corporate cards with expenses and have implemented the Company Pay payment option. An employee incurred the following expenses.
What is the resulting payment amount made to the employee for these expenses?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
Explanation:
Company Pay: Your company pays the corporate card issuer for all transactions.
NEW QUESTION # 89
Your company policy requires that receipts be attached to expense report items before reimbursement can be made.
Which two statements are true about the association of a receipt to an expense report?
- A. An expense report may require original, imaged, or both types of receipts.
- B. Receipts are not required if the expense item falls within Per Diem Rates.
- C. Expenses do not create payment requests for expense reports that have missing or overdue receipts.
- D. Users can maintain scanned receipts in a central repository and provide a reference number in the expense report.
Answer: A,C
Explanation:
Your company periodically schedules and runs the Generate Overdue and Missing Receipts Notification process that generates overdue receipt notifications.
If receipts are overdue and setup requires that the individual be notified, then Expenses automatically sends a notification to the individual to inform him that receipts are overdue.
An expense report may require original, imaged, or both types of receipts.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAWDE/F1005004AN1204B.htm
NEW QUESTION # 90
A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.
Which actions will accomplish this?
- A. Define the Disbursement Bank Account to the Payment Method in payment default rules.
- B. Define the Disbursement Bank Account to every supplier.
- C. Create a Payment Process Request template that includes the Disbursement Bank Account.
- D. Assign the Disbursement Bank Account to users to have the payment process default the bank account.
- E. Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account.
Answer: C,D
Explanation:
D: You can assign thedisbursement bank account and the payment process profile to all documents payable in the payment process request during the Submit Payment Process Request process. If you use a payment process request template, a disbursement bank account and a payment process profile default from the template.
DE:The following options affect payment processing:
References:https://docs.oracle.com/cd/E37017_01/doc.1115/e22897/F438410AN16238.htm
NEW QUESTION # 91
Identify three statements that indicate the purpose of Functional Setup Manager.
- A. It provides a central place to access and perform all of the setup steps across the applications.
- B. It allows you to centrally manage the close processes across subledgers and ledgers.
- C. It automatically marks the completion status of tasks as Completed once they have been completed.
- D. it allows you to assign setup tasks to individuals with due dates where users must manually update their completion status.
- E. It automatically generates lists of setup tasks in the correct sequence with dependencies highlighted.
Answer: A,D,E
Explanation:
With Oracle Fusion Functional Setup Manager you can:
References:https://docs.oracle.com/cd/E56614_01/common_op/OAFSM/F1166427AN1007E.htm
NEW QUESTION # 92
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