1Z0-1055-22 Online Practice Questions and Answers

You have enabled Payment Approval for your payment process requests (PPR). At what stage of the PPR is the payment approval process automatically triggered?

A. Review Proposed Payments

B. Review Installments

C. Create Payment Files

D. Build Payments

What is the result of voiding a payment?

A. A stop payment request has been initiated to the bank.

B. A bills payable payment wascreated but is not yet matured.

C. The payment is reconciled to the bank statement.

D. The payment is no longer valid.

You need to enter a high volume of users into the system. What is Oracle's recommendation to do this?

A. Use the Enter a Supplier user interface and enter each user manually.

B. Use the Hire an Employee user interface and enter each user manually.

C. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Cloud Applications.

D. use the spreadsheet ofOracle Identity Manager (OIM) to import users.

You have assigned additional roles to an existing user. However, the new roles are not appearing for the user in their Navigator menu. What should you check?

A. Make sure you can query the user using Oracle Identity Manager (OIM) and the roles are assigned.

B. Make sure you can query the user from the Manage Users page and verify the roles assigned.

C. Make sure you ran the Retrieve Latest LDAP Changesprogram.

D. Make sure the user logs out and logs back in.

A Payment Process Request was submitted and errors were found in the payment file. The payment file and process were terminated.

Which two statements are true? (Choose two.)

A. The invoices are placed on payment hold.

B. The status of each payment in the payment file is Terminated.

C. The status of the payment file is Terminated.

D. The status of each payment in the payment file is Cancelled and therelated documents are available for future selection.

E. The status of the payment file is Cancelled.

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

A. A supplier can make changes to the invoice after submitting it.

B. A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations.

C. 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.

D. A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed.

E. A supplier canvalidate the invoice after submitting it.

A Payables user creates a manual invoice and a Withholding Tax Classification Code defaults on the invoice line when the invoice is saved.

Where does this Withholding Tax Classification Code default from?

A. From the Party Tax Profile of the Third Party Site

B. From the Manage Tax Reporting and Withholding Tax Options

C. From the Income Tax region of theSupplier

D. From the Site Assignments of the Supplier Site

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. March 15th

B. January 15th

C. April 15th

D. February 15th