Online Access Free 1Z1-1005 Practice Test

If you accidentally paid an invoice using Create Payment flow, can you undo the operation?

• A.yes, by voiding the payment created
• B.yes, by creating a credit memo to offset the payment
• C.Cancel the invoice and create a new one.
• D.yes, by canceling the payment process from the process monitor
• E.no

Before you can configure payment approval rules, your company must define a payment approval policy.
Which three are done by the payment approval policy? (Choose three.)

• A.It defines when to initiate the payment approval process.
• B.It defines criteria for triggering the payment approval process, such as payment amount, bank account, or pay group.
• C.It determines which payments must go through the payment approval process.
• D.It allows approvers to review payments and decide whether or not to approve a payment.
• E.It defines a list of approvers who review payments and make final payment decisions.

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.February 15th
• B.March 15th
• C.January 15th
• D.April 15th

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

Which two statements are true related to configuration package? (Choose two.)

• A.You can export and import selected business object services.
• B.You can export and import the custom roles from Oracle Identity Manager.
• C.You can export and import selected business units.
• D.You can export and import the allocation rules from the allocation manager.
• E.You can export and import the approval rules from the approval management engine.