Nest 0 Cart
Nest Account
Popular Exams
All Categories...
Nest
Nest 0
Contact
Log In / Sign Up
Copyright 2024 © store. All rights reserved.
Home Oracle 1z0-1055-21

Oracle 1z0-1055-21 Exam Practice Questions (P. 5)

  • Full Access (71 questions)
  • Six months of Premium Access
  • Access to one million comments
  • Seamless ChatGPT Integration
  • Ability to download PDF files
  • Anki Flashcard files for revision
  • No Captcha & No AdSense
  • Advanced Exam Configuration
Get Contributor Access
Question #21
XYZ Supplier has third party relationships defined with ABC Supplier and ACME Corporation. However, when reviewing the invoice installments for XYZ Supplier the payables specialist is unable to override the remit-to supplier name and address on the invoice installments.
What is the reason for this?
  1. A
    The option 'Allow remit-to supplier override for third-party payments' is not checked in the Common Options for Payables and Procurement page for the business unit.
  2. B
    The option 'Allow remit-to supplier override for third-party payments' is not checked in the Payment Options page for the business unit.
  3. C
    The option 'Allow remit-to supplier override for third-party payments' is not checked in the Invoice Options page for the business unit.
  4. D
    The option 'Allow remit-to supplier override for third-party payments' is not checked in the Disbursement System Options page for the business unit.

Correct Answer:
C

Question #22
Your client wants the subledger journal entry description to be transferred to general ledger.
Which two could be used to enable this? (Choose two.)
  1. A
    Set the General Ledger Journal Entry Summarization option to Summarize by general ledger period
  2. B
    Set the General Ledger Journal Entry Summarization option to Group by general ledger period
  3. C
    Set the General Ledger Journal Entry Summarization option to Group by general ledger date
  4. D
    Set the General Ledger Journal Entry Summarization option to Summarize by general ledger date

Correct Answer:
AD

Question #23
Which three types of payments can you make if you have access to Disbursement Process Management Duty? (Choose three.)
  1. A
    Supplier payments
  2. B
    Customer refunds
  3. C
    Ad hoc payments
  4. D
    Employee advances
  5. E
    Reimbursement of employee expense reports

Correct Answer:
BCD

Question #24
You are evaluating the predefined expense report approval rules within your test environment to see if they meet current business requirements.
Which three rule sets are part of the predefined setup? (Choose three.)
  1. A
    Approval by Cost Centre owners in parallel or serial mode
  2. B
    Approval by supervisor based on expenses type amount
  3. C
    Approval by Project Manages in parallel or serial mode
  4. D
    Approval by supervisor based on report amount
  5. E
    Approval by a Group based on report amount in parallel or serial mode

Correct Answer:
ACD

Question #25
A Payables user creates a manual invoice and a Withholding Tax Classification Code defaults on the invoice line when the invoice is saved.
Where does this Withholding Tax Classification Code default from?
  1. A
    From the Party Tax Profile of the Third Party Site
  2. B
    From the Manage Tax Reporting and Withholding Tax Options
  3. C
    From the Income Tax region of the Supplier
  4. D
    From the Site Assignments of the Supplier Site

Correct Answer:
B

Previous Questions Next Questions

All Pages