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

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Oracle 1Z0-1055-23 Exam Syllabus Topics:

Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

1. Which two are classified as Self-Billed invoices?

A) Debit Memos created by the Return to Supplier feature
B) Invoices entered through the Supplier Portal
C) Evaluated Receipt Settlement (ERS) Invoices
D) Customer Refunds initiated from Receivables
E) Expense Reports transferred from Expenses
F) Invoices created using Integrated Imaging

2. A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.
Which two actions will accomplish this?

A) Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account.
B) Create a Payment Process Request template that includes the Disbursement Bank Account.
C) Define the Disbursement Bank Account to the Payment Method in payment default rules.
D) Assign the Disbursement Bank Account to users to have the payment process default the bank account.
E) Define the Disbursement Bank Account in the Payment tab at the supplier site level.

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

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

4. What data can you find in an Oracle Transactional Business Intelligence subject area attribute column?

A) values that are organized into parent-child relationships
B) data that is metric and can be added up or aggregated
C) data that provides a measure of something
D) information about a business object with values that are dates, Ids or text

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

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

Solutions: