Free Oracle 1z0-1055-20 Exam Dumps Questions & Answers

You are voiding a payment and have selected Cancel as the Invoice Action. After performing the void, you notice the invoice is not cancelled but has an Invoice Cancel hold on it.
What is reason for this?

• A.  The invoice date is not in the current open period.
• B.  The invoice is already on hold.
• C.  The invoice has been partially paid by another payment.
• D.  The invoice accounting date is not in the current open period.

An installment for $1,000 USD is due for payment on January 10, 2019. The installment has two discounts:
the first discount date is December 5, 2018 for $150 USD and the second discount date is December 20, 2018 for $50 USD. The Pay Date Basis on the supplier site is Discount.
You submit a Payment Process Request with the following criteria:
* Payment Date = December 5, 2018
* Pay Through Date = December 25, 2018
* Date Basis = Pay Date
* Always Take Discount option is enabled
What will be the resulting status of the installment and discount?

• A.  The installment is selected and a discount of $50 USD (the second discount) is applied.
• B.  The installment is not selected because the first discount date is before the Pay Through Date.
• C.  The installment is selected and a discount of $200 USD ($150 + $50) is applied.
• D.  The installment is selected and a discount of $150 USD is applied because the Always Take Discount option was enabled.
• E.  The installment is selected but no discount is applied because the payment date is after the discount dates.

You want your expense auditors to audit only expenses reports for specific business units. How do you do this?

• A.  Make auditors the managersof the corresponding business unit to route expense reports properly.
• B.  Create a custom duty role and assign the data roles to each auditor.
• C.  Create your own audit extension rules that correspond to the business unit.
• D.  Assign the auditors' specific data roles for the corresponding business units.

You want to customize the Payables Invoice Register template to only display invoices when the Supplier name is Company A. Supplier name is a group that repeats on every page.
Which is the correct way to customize the template?

• A.  Hard code Supplier Name "Company A" in the report template and only invoices for that supplier will be displayed.
• B.  Insert the syntax <?if:'COMPANY A'?> before the Supplier field and then enter the closing tag
  </<?if:COMPANY A?> after the invoices table.
• C.  Insert the syntax <?if:condition?> before the Supplier field and then enter the closing tag
  </<?if:condition?>.
• D.  Insert the syntax <?if:VENDOR_NAME= 'COMPANY A'?> before the Supplier field on the template.
  Then, enter the <?end if?> tag after the invoices table.

Before you can configure payment approval rules, your company must define a payment approval policy.
Which three are done by the payment approval policy? (Choose three.)

• A.  It defines criteria for triggering the payment approval process, such as payment amount, bank account, or pay group.
• B.  It determines which payments must go through the payment approval process.
• C.  It defines when to initiate the payment approval process.
• D.  It allows approvers to review payments and decide whether or not to approve a payment.
• E.  It defines a list of approvers who review payments and make final payment decisions.