Free Oracle 1z0-1055-20 Exam Dumps Questions & Answers

Which is the Payables tool based on real-time data?

• A.Essbase Cube
• B.Oracle Financial Reporting (FR)
• C.Oracle Transactional Business Intelligence (OTBI)
• D.Oracle Business Intelligence Applications (OBIA)
• E.Smart View

You have an invoice for $200 USD and a credit memo for $225 USD. In other words, the credit amount exceeds the invoice amount. If you enable the option to apply credits up to zero amount payment, then how will the invoice and credit memo be paid?

• A.Both the invoice and the credit memo are selected and the Payment Process Request requires attention.
• B.Both the invoice and the credit memo are paid and a refund of $25 USD is created.
• C.Neither the invoice nor the credit memo are included in the payment process request because the credit reduces the payment amount below zero.
• D.Both the invoice and credit memo are included in the payment process request for a payment amount of
  $0 USD. The credit memo is partially paid with a remaining credit of $25 USD.

Your company wants to generate intercompany transactions in USD but only if the amount involved is $3,000 USD or more. Which two intercompany system options are valid?

• A.You cannot update the minimum transaction currency when intercompany currency is entered.
• B.Set the intercompany system option minimum transaction amount to $2,999.99 USD.
• C.Set the intercompany system option minimum transaction amount to $ 3,000 USD.
• D.Intercompany invoices will be generated for the minimum accountable amount set at the payable invoice options and receivable system options.
• E.Approval rules need to set the allow of the intercompany transactions to be routed to the receiver or provider.

What is the invoice type of an unapproved, unmatched invoice that was created in the Supplier Portal?

• A.Standard Invoice
• B.Standard invoice request
• C.Credit Memo
• D.Supplier payment request
• E.iSupplier Invoice

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?

• A.February 15th
• B.March 15th
• C.January 15th
• D.April 15th