Free Oracle 1Z0-1055-24 Exam Questions

Become Oracle Certified with updated 1Z0-1055-24 exam questions and correct answers

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Total 142 Questions | Updated On: Jan 08, 2025

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Question 1

Which two are true for Payables Payment Terms? (Choose two.)

A : en entering an Invoice, you will see Payment Terms assigned to the reference data set associated with the Business unit on the invoice plus those associated with the common set.

B : You must assign the predefined payment term Immediate to the reference data set that is assigned to the business unit before you can define common options for Payables and Procurement.

C : en entering an Invoice, you will see Payment Terms assigned to the reference data set associated with the Business unit on the invoice but not those associated with the common set.

D : ch payment term can only be assigned to one reference data set.

Answer: A,B

Question 2

Which three reports are generated by the export setup data process? (Choose three.)

A : ported Business Object Report

B : ocess Results Report

C : ocess Results Summary Report

D : ocess Results Detail Listing Report

E : Setup Data Report

Answer: A,B,C

Question 3

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

A : ens the relevant accounting period

B : lidates project information

C : dates supplier balances

D : creates tax lines and distributions

E : eates accounting entries in draft

Answer: B,D

Question 4

You have evaluated the use of Oracle Maps Cloud service with Expenses for mileage calculation. The decision is to use this feature.
How do you enable the feature?

A : Set the profile option ORA_EXM_ORACLE_MAPS to yes at the site level.

B : Set Enable Oracle Maps to yes in the expense mileage policies.

C : Set Enable Oracle Maps to yes in the expense report template.

D : Set Enable Oracle Maps to yes in the expenses system options.

Answer: D

Question 5

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

A : yables to Ledger Reconciliation report

B : yables Aging reports with the General Ledger Trial Balance report

C : neral Ledger Financial Statements and the Accounts Payable and Invoice Registers

D : yables Trial Balance and General Ledger Trial Balance reports

Answer: D

Page: 1 / 29

Total 142 Questions | Updated On: Jan 08, 2025

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