Online Access Free 1Z0-1055-21 Practice Test

Which component is not included in the security architecture for credit card data and bank account data encryption?

• A.Oracle Wallet
• B.Payments master encryption key
• C.Payments subkeys
• D.Supplier master encryption key
• E.Sensitive data encryption and storage

Which three options are available to filter data when you submit the Prepare Payables to Ledger Reconciliation report? (Choose three.)

• A.Balancing Segment Value
• B.Supplier
• C.Legal Entity
• D.Natural Account
• E.Business Unit
• F.Ledger Set

There are four key reports in Cash Management.
What is the correct match for each report and its description?
Report
1. Cash to General Ledger Reconciliation Report
2. Bank Statement Report
3. Cash in Transit Report
4. Bank Statement Analysis Report
Description
1. Lists all transactions for a specific bank account, that have been remitted to the bank but have not been cleared.
2. Displays the bank statements that are used to analyze balances and transaction details.
3. Displays balance and transaction information for specific bank statements.
4. Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management.

• A.1 = H, 2 = G, 3 = E, 4 = F
• B.1 = H, 2 = E, 3 = G, 4 = F
• C.1 = H, 2 = F, 3 = E, 4 = G
• D.1 = E, 2 = G, 3 = H, 4 = F

Which statement is correct if the payment terms entered in the invoice differ from the payment terms on the purchase order?

• A.The payment term of the invoice overrides the purchase order payment term.
• B.The purchase order payment term cannot be overridden.
• C.The payment term of the purchase order overrides the invoice payment term.
• D.The user needs to manually change the payment term on the invoice to match the purchase order payment term.
• E.The user needs to specify which payment term to use.

How will system evaluate the tolerances for expense reports?

• A.System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)*currency precision.
• B.System will calculate error tolerance as Policy Rate * (1+Warning Tolerance+ Error Tolerance/100).
• C.System will use absolute amount tolerance setup to do validations.
• D.System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100).
• E.System will calculate error tolerance as (|Policy Rate * (1+Error Tolerance/100)|) currency precision.