1Z0-1055-23 by Oracle Actual Free Exam Q&As

Question 1

You have a high volume of invoices to enter that have similar lines and do not require extensive validation. What must you do if you want to group multiple invoices in a batch during spreadsheet entry?

A. Make sure the Invoice Number is the same. B. Enable the invoice option Require Invoice Grouping, and the system automatically groups invoices entered in the same spreadsheet. C. Enter a value in the Invoice Group field to group similar invoices into a batch. D. Assign the same Invoice Header Identifier to multiple invoices you want to group. E. Make sure all the invoice dates are the same.

Discussion 0

Correct Answer: D Vote an answer

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Question 2

You have modified your tax setup and want to test the changes on actual Payables transactions. How do you validate before enabling for transaction?

A. by using Tax Simulator to test B. by creating a payable invoice, and by validating and reviewing the tax application C. Oracle Transactional Business Intelligence (OTBI) D. by creating accounting in draft mode E. by changing the tax status to test and then entering a payables invoice

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Correct Answer: A Vote an answer

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Question 3

Your customer has implemented English as base language and French as a local language. The customer's bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?

A. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region. B. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with country locale. C. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region. D. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale.

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Correct Answer: C Vote an answer

Question 4

You have three procurement business units, four requisition business units and five sold-to business units. For which will the supplier registration flows be deployed?

A. three procurement business units B. four requisition business units C. five sold-to business units D. one business unit per supplier E. twelve business units per supplier

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Correct Answer: A Vote an answer

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Question 5

Which three options are available to filter data when you submit the Prepare Payables to Ledger Reconciliation report? (Choose three.)

A. Natural Account B. Legal Entity C. Balancing Segment Value D. Ledger Set E. Supplier F. Business Unit

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Correct Answer: A,E,F Vote an answer

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Question 6

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

A. There is no difference. B. The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances. C. 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. D. The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data.

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Correct Answer: B Vote an answer

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Question 7

You have two business units: Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports for specific business units?

A. Assign the Expense Auditor job role to each auditor and use a data access set to associate the business unit to the role. B. Assign the Expense Auditor job role to each auditor and use segment value security rules to secure access to the business units. C. Assign the Expense Auditor job role to each auditor and associate the business unit to the role by using the Manage Data Access for Users page. D. Assign the Expense Auditor as the owner of each business unit on the Manage Business Unit Set Assignments page.

Discussion 0

Correct Answer: C Vote an answer

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