Free Download 1z0-1005 Examp Dump: Oracle.1z0-1005.NewDumps.2019-08-13.51q.vcex

File Info

Exam	Oracle Financials Cloud: Payables 2018 Implementation Essentials
Number	1z0-1005
File Name	Oracle.1z0-1005.NewDumps.2019-08-13.51q.vcex
Size	34 KB
Posted	Aug 13, 2019
Download	Oracle.1z0-1005.NewDumps.2019-08-13.51q.vcex

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Demo Questions

Question 1

Your customer matches their invoices to a purchase order and have noticed that the payment terms are defaulting from the order. For some suppliers, they would like to use the payment terms from the supplier site.

How can the customer achieve this?

Enter the payment terms in the Manage Invoice Options page so they default onto the invoice.
Enter the payment terms at the supplier site level so they default onto the invoice.
Enter the payment terms in the Manage Payment Options page so they default onto the invoice.
Manually override the payment terms that have defaulted from the purchase order for those suppliers.
Enter the payment terms at the Supplier level so they default onto the invoic

Correct answer: D

Question 2

Before you can configure payment approval rules, your company must define a payment approval policy. Which three are done by the payment approval policy?

It allows approvers to review payments and decide whether or not to approve a payment.
It defines criteria for triggering the payment approval process, such as payment amount, bank account, or pay group.
It defines when to initiate the payment approval process.
It determines which payments must go through the payment approval process.
It defines a list of approvers who review payments and make final payment decision

Correct answer: BCE

Question 3

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

General Ledger Financial Statements and the Accounts Payable and Invoice Registers
Payables to Ledger Reconciliation report
Payables Aging reports with the General Ledger Trial Balance report
Payables Trial Balance and General Ledger Trial Balance reports

Correct answer: B

Question 4

Which three are attributes that are recognized by Invoice Imaging?

PO Number
Payment Method
Terms Date
Invoice Number
Invoice Date

Correct answer: ADE

Question 5

When reviewing installments, what setup is required to override the supplier site on an invoice?

Allow the remit-to supplier override for third-party payments at Manage Payment options.
Allow payee to override for third-party payments while Manage Invoice options.
Allow the remit-to supplier address override for third-party payments at Manage Invoice options.
Allow the remit-to supplier override for third-party payments at Manage Invoice option

Correct answer: D

Question 6

You have two business units: Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports for specific business units?

Assign the Expense Auditor job role to each auditor and use segment value security rules to secure access to the business units.
Assign the Expense Auditor job role to each auditor and associate the business unit to the role by using the Manage Data Access for Users page.
Assign the Expense Auditor job role to each auditor and use a data access set to associate the business unit to the role.
Assign the Expense Auditor as the owner of each business unit on the Manage Business Unit Set Assignments page.

Correct answer: B

Question 7

Which two statements about the submission of invoices by suppliers using Supplier Portal are true?

A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations.
A supplier can validate the invoice after submitting it.
A supplier can make changes to the invoice after submitting it.
A supplier can submit a single invoice against multiple purchase orders, provided the currency and organization for all the invoice items are the same as those on the purchase orders.
A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed.

Correct answer: BE

Question 8

You have an invoice for a three month lease and wish to recognize the expense monthly for the duration of the lease. What must be entered on the invoice in order to do this?

You must provide a start date and the accrual account for the prepaid expenses in the invoice lines or distributions.
You must provide the accrual account for the prepaid expenses in the invoice lines or distributions.
You must provide a start date and an end date for the prepaid expenses in the invoice lines or distributions.
You must provide a start date, an end date, and the accrual account for the prepaid expenses in the invoice lines or distributions.

Correct answer: B

Question 9

Which two statements are true about the Invoice Validation process?

updates supplier balances
validates project information
creates tax lines and distributions
creates withholding tax invoices, if withholding tax is enabled to create withholding tax at payment, so that you can make payment on this invoice
creates accounting entries in draft

Correct answer: AB

Question 10

You have just imported invoices from a spreadsheet. What is the validation status of the imported invoices?