Oracle 1Z0-1055-24 Exam Real Questions

Prepare and pass your Oracle Financials Cloud: Payables 2024 Implementation Professional with free 1Z0-1055-24 exam questions.

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Total 142 Questions | Updated On: Sep 14, 2024

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Question 1

Which two invoice types can have a status of Incomplete? (Choose two.)

A : Supplier Portal Invoices which are rejected and resubmitted for approval

B : Scanned Invoices with incomplete or missing information

C : Scanned Invoices which are rejected during import

D : Prepayment Invoices which are fully paid but not applied against any invoice

E : Supplier Portal Invoices which are saved but not yet submitted

Answer: A,B

Question 2

When submitting the Payables to General Ledger Reconciliation report, the extract did not select any dat
a. What should you check?

A : Make sure you assign an Account parameter when running the extract to include liability accounts.

B : Make sure you specified a Business Unit in the parameters when running the extract.

C : Make sure you enabled the Reconciliation flag to all of your liability natural account values.

D : Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.

Answer: D

Question 3

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

A : Exported Business Object Report

B : Process Results Report

C : Process Results Summary Report

D : Process Results Detail Listing Report

E : Setup Data Report

Answer: A,B,C

Question 4

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

A : opens the relevant accounting period

B : validates project information

C : updates supplier balances

D : creates tax lines and distributions

E : creates accounting entries in draft

Answer: B,D

Question 5

You are testing the Payables to General Ledger Reconciliation report at the ledger level for your UK Ledger, you have run and selected the extract for the report but the request returned the message no data to display.
What is the reason for this?

A : You did not specify the range of liability accounts to include in the extract.

B : The reconciliation flag has not been enabled for your liability accounts.

C : The financial category of Accounts Payable is not assigned to the liability accounts.

D : You did not select the business units associated to the UK Ledger.

Answer: C

Page: 1 / 29

Total 142 Questions | Updated On: Sep 14, 2024

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