Online Access Free 1Z0-1055 Practice Test

Which three reports are generated by the export setup data process? (Choose three.)

• A.Setup Data Report
• B.Process Results Summary Report
• C.Process Results Detail Listing Report
• D.Process Results Report
• E.Exported Business Object Report

A company has a requirement to pay small suppliers outside of Payables, but it does not want to manually record each payment.
Which solution should you implement?

• A.Create payments by using a clearing payment method for thosesuppliers because this payment method does not generate a file.
• B.Create payments by using Electronic Funds Transfer (EFT) for those suppliers but do not send the electronic file to the bank.
• C.Create payments by using the Check Payment method for those suppliers and then destroy those checks.
• D.Create a payment by using a wire payment method for those suppliers.

How will system evaluate the tolerances for expense reports?

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

Your company policy requires imaged receipts for expense reports.
Which two statements are true about the association of a receipt to an expense report? (Choose two.)

• A.Employees are not reimbursed for expense report expenditures until missing or overdue imaged receipts are submitted.
• B.Receipts are not required if the expense item falls within Per Diem Rates.
• C.Users can maintain scanned receipts in a central repository and provide a reference number in the expense report.
• D.An expense report may require original, imaged, or both types of receipts.

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