Free Oracle 1Z0-1055-21 Exam Dumps Questions & Answers

Which attributes on the payables invoice can be used during approval rule creation?

• A.  company and cost center segment only
• B.  supplier only
• C.  company segment, cost center segment, supplier, and Attribute 1 on the invoice line
• D.  cost center segment and supplier only

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.  five sold-to business units
• C.  four requisition business units
• D.  one business unit per supplier
• E.  twelve business units per supplier

Which reports can show you differences between your subledger balances and general ledger balances to help you reconcile quickly?

• A.  Payables Trial Balance and General Ledger Trial Balance reports
• B.  Payables Aging reports with the General Ledger Trial Balance report
• C.  General Ledger Financial Statements and the Accounts Payable and Invoice Registers
• D.  Payables to Ledger Reconciliation report

After you submitted a Payment Process Request, you noticed errors. You want to void the payments. Identify two statements that indicate when it is not possible to void a payment. (Choose two.)

• A.  A payment with the status of Issued.
• B.  A payment that pays a prepayment that has been applied to an invoice.
• C.  A payment that has already cleared the bank.
• D.  A payment for an invoice with an associated Withholding Tax invoice.
• E.  A payment that has been accounted and posted to General Ledger.

Which two statements are true about the Invoice Validation process? (Choose two.)

• A.  validates project information
• B.  opens the relevant accounting period
• C.  creates accounting entries in draft
• D.  creates tax lines and distributions
• E.  updates supplier balances