Oracle 1z0-1055-21 Exam Practice Questions (P. 2)

What does the Place of Supply rule value "Bill to Party" imply in an Oracle Payables Invoice?

There are four key reports in Cash Management.
What is the correct match for each report and its description?

Report -
1. Cash to General Ledger Reconciliation Report
2. Bank Statement Report
3. Cash in Transit Report
4. Bank Statement Analysis Report

Description -
E: Lists all transactions for a specific bank account, that have been remitted to the bank but have not been cleared.
F: Displays the bank statements that are used to analyze balances and transaction details.
G: Displays balance and transaction information for specific bank statements.
H: Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management.

You have an invoice with a payment term that has the following settings:
• Day of Month = 15
• Cut off Day = 11
• Months Ahead = 0
• Terms Date on Invoice = January 12th
What will the resulting due date for the invoice installment be?

You need to have your invoice line automatically distributed across multiple cost centers. For example, you want your monthly utility bill allocated across multiple cost centers based on a percentage.
Which two are valid methods to achieve this? (Choose two.)

Your client wants to retrieve values for the account code based on the invoice line description. For example, Invoice Line Description = Laptop then Account Code = 5670.
Which Subledger Accounting option would you use to achieve this?