Free Oracle 1Z1-1055 Exam Dumps Questions & Answers

You want your expense auditors to audit only expenses reports for specific business units. How do you do this?

• A.Create your own audit extension rules that correspond to the business unit.
• B.Create a custom duty role and assign the data roles to each auditor.
• C.Assign the auditors' specific data roles for the corresponding business units.
• D.Make auditors the managersof the corresponding business unit to route expense reports properly.

Select three reasons why you cannot close your Payables period. (Choose three.)

• A.unaccounted invoices and payments
• B.bills payable requiring maturity
• C.unapplied prepayments
• D.suppliers on payment holds
• E.open intercompany transactions

Your company policy requires that receipts be attached to expense report items before reimbursement can be made.
Which two statements are true about the association of a receipt to an expense report? (Choose two.)

• A.Expenses do not create payment requests for expense reports that have missing or overdue receipts.
• B.An expense report may require original, imaged, or both types of receipts.
• C.Receipts are not required if the expense item falls within Per Diem Rates.
• D.Users can maintain scanned receipts in a central repository and provide a reference number in the expense report.

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

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

When creating a check payment, from where is the payment document defaulted?

• A.Bank
• B.Bank Account
• C.Legal Entity
• D.Supplier
• E.Business Unit