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Oracle 1Z0-1055-23 Exam Syllabus Topics:

Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

1. You have evaluated the use of Oracle Maps Cloud service with Expenses for mileage calculation. The decision is to use this feature.
How do you enable the feature?

A) Set Enable Oracle Maps to yes in the expense mileage policies.
B) Set the profile option ORA_EXM_ORACLE_MAPS to yes at the site level.
C) Set Enable Oracle Maps to yes in the expense report template.
D) Set Enable Oracle Maps to yes in the expenses system options.

2. What is the recommendation when setting up Reconciliation Rule Sets?

A) One to One rules should be sequenced below rules of other types.
B) Many to Many rules should always be used last in the sequence.
C) Many to Many rules should always be used first in the sequence.
D) One to One rules should be sequenced above rules of other types.

3. You have invoices with distributions across primary balancing segments that represent different companies.
What feature should you use if you want the system to automatically balance your invoice's liability amount across the same balancing segments on the invoice distributions?

A) Subledger Accounting's Account Rules
B) Intercompany Balancing
C) Payable's Automatic Offset
D) Suspense Accounts
E) Payables' Allow Reconciliation Accounting

4. What are the two advantages of using a spreadsheet for correcting invoice import errors?

A) identification of errors with clear error messages at the invoice header and line levels
B) ability to correct errors within the spreadsheet and send invoice corrections for approval
C) ability to correct errors and re-import invoices directly from a spreadsheet
D) ability to enter a high volume of invoices via a spreadsheet
E) identification of errors with clear error messages at the invoice header level only

5. Which three attributes are captured during the scanning of invoice images?

A) PO Number
B) Invoice Number
C) Invoice Date
D) Payment Method
E) Terms Date

Solutions: