Free Access Oracle.1Z0-1055-21.v2022-07-04.q48 Practice Test (Page 4)

Question 11

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 the Supplier

D.From the Site Assignments of the Supplier Site

Question 12

You want to customize the Payables Invoice Register template to only display invoices when the Supplier name is Company A.
Supplier name is a group that repeats on every page.
Which is the correct way to customize the template?

A.Insert the syntax <?if:VENDOR_NAME= 'COMPANY A'?> before the Supplier field on the template.
Then, enter the <?end if?> tag after the invoices table.

B.Insert the syntax <?if:condition?> before the Supplier field and then enter the closing tag
</<?if:condition?>.

C.Insert the syntax <?if:'COMPANY A'?> before the Supplier field and then enter the closing tag
</<?if:COMPANY A?> after the invoices table.

D.Hard code Supplier Name "Company A" in the report template and only invoices for that supplier will be displayed.

Question 13

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 can validate the invoice after submitting it.

Question 14

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 15

Your intercompany transaction type is active and enabled for invoicing. What are the two prerequisites to generate intercompany receivables and intercompany payable transactions after the Generate Intercompany Allocations process is run? (Choose two.)

A.For the Legal Jurisdiction, Legal function: "Generate intercompany invoice" should be assigned.

B.Schedule create accounting for the intercompany process.

C.Supplier site primary pay flag and customer account bill to primary flag should be enabled.

D.Run the processes Create Intercompany transactions to Receivables and Create Intercompany transactions to Payables.

E.Run the processes Transfer Intercompany transactions to Receivables and Transfer Intercompany transactions to Payables.

F.Manual Approvals should be allowed for the transaction type.

Other Version: 1438Oracle.1Z0-1055-21.v2022-02-01.q51; 53Oracle.Examboosts.1Z0-1055-21.v2021-11-22.by.kimberley.48q.pdf

Latest Upload: 107Oracle.1Z0-1057-23.v2025-09-10.q47; 150Google.Professional-Cloud-Network-Engineer.v2025-09-09.q179; 131SAP.C-S4EWM-2023.v2025-09-08.q83; 156TheSecOpsGroup.CNSP.v2025-09-08.q20; 206CFAInstitute.ESG-Investing.v2025-09-08.q173; 154PECB.ISO-IEC-27001-Lead-Implementer.v2025-09-06.q132; 142Salesforce.Data-Architect.v2025-09-05.q216; 136Adobe.AD0-E605.v2025-09-05.q50; 176Nutanix.NCP-MCI-6.10.v2025-09-05.q55; 114Oracle.1z0-591.v2025-09-05.q104

Question 11

Question 12

Question 13

Question 14

Question 15

Download PDF File