Free Oracle 1Z0-1005 Exam Dumps Questions & Answers

During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa that the one used by your company.
How do you handle this situation?

• A.Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.
• B.Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.
• C.Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.
• D.Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.

You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements. (Choose two.)

• A.For period end accruals, accounting is created at material receipt or at delivery to a final destination.
• B.For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.
• C.For period end accruals, the invoice accounting debits the expense account and credits the liability account.
• D.For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.

Which attributes on the payables invoice can be used during approval rule creation?

• A.cost center segment and supplier only
• B.company and cost center segment only
• C.supplier only
• D.company segment, cost center segment, supplier, and Attribute 1 on the invoice line

You entered an invoice of 12,000 and paid it for Office Suppliers. The payment was never received by the supplier, and you decide to return the entire order. What should you do?

• A.Void the payment, which debits cash and credits the liability, and then issue a credit memo, which debits the liability and credits the expense.
• B.Issue a credit memo, which will debit the liability and credit the expense.
• C.Void the payment, which debits cash and credits the liability, and then cancel the invoice, which debits the liability and credits the expense.
• D.Cancel the invoice, which debits the liability and credits the expense.

The expense auditor has chosen to Request More Information for an expense report. Select two ways the system processes this action. (Choose two.)

• A.The audit can be completed before the requested information is received from the employee.
• B.The expense report is routed back to the approvers.
• C.The employee must resubmit the expense report.
• D.The expense report status remains Pending Payables Approval.