Free Access Oracle.1Z0-1055-21.v2022-02-01.q51 Practice Test (Page 9)

Question 36

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

A.open intercompany transactions

B.unapplied prepayments

C.suppliers on payment holds

D.bills payable requiring maturity

E.unaccounted invoices and payments

Question 37

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.Assign the auditors' specific data roles for the corresponding business units.

C.Create a custom duty role and assign the data roles to each auditor.

D.Make auditors the managersof the corresponding business unit to route expense reports properly.

Question 38

Your client company wants to ensure that the payments they are sending to their financial institution are valid and formatted correctly. They would like to identify any validation failures as early in the process as possible.
Where would you suggest the validations are set?

A.Payment Format

B.Payment Terms

C.Disbursement Bank Account

D.Payment Method

E.Supplier Site

Question 39

Which reporting tool is used to report on real-time data?

A.Essbase Cube

B.Oracle Transactional Business Intelligence (OTBI)

C.Oracle Business Intelligence Publisher

D.Oracle Financial Reporting Studio

E.Smart View

Question 40

You have an invoice for a three-month lease and wish to recognize the expense monthly for the duration of the lease.
What must be entered on the invoice in order to do this?

A.You must provide a start date and the accrual account for the prepaid expenses in the invoice lines or distributions.

B.You must provide the accrual account for the prepaid expenses in the invoice lines or distributions.

C.You must provide a start date, an end date, and the accrual account for the prepaid expenses in the invoice lines or distributions.

D.You must provide a start date and an end date for the prepaid expenses in the invoice lines or distributions.

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Question 36

Question 37

Question 38

Question 39

Question 40

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