Free Access Oracle.1z0-1055-22.v2023-11-27.q48 Practice Test (Page 2)

Question 1

Which three attributes are captured during the scanning of invoice images?

A.Invoice Date

B.Invoice Number

C.Terms Date

D.PO Number

E.Payment Method

Question 2

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 an end date 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 and the accrual account for the prepaid expenses in the invoice lines or distributions.

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

Question 3

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

A.yes, by canceling the payment process from the process monitor

B.Cancel the invoice and create a new one.

C.yes, by voiding the payment created

D.yes, by creating a credit memo to offset the payment

E.no

Question 4

An installment meets all the selection criteria of a Payment Process Request, but it still does not get selected for payment processing.
What are the two possible reasons for this? (Choose two.)

A.The pay-through date is in a future period.

B.The pay-through date is in a closed Payables period.

C.The invoice requires approval.

D.The invoice has not been accounted.

E.The invoice needs re-validation.

Question 5

What does the Place of Supply rule value "Bill to Party" imply in an Oracle Payables Invoice?

A.Location assigned to the Supplier Party Site for the transactions

B.Location assigned to the Legal Entity for the transactions

C.Location assigned to the Legal Entity Reporting Unit for the transactions

D.Location assigned to the Business Unit for the transactions

Other Version: 1081Oracle.1z0-1055-22.v2023-05-31.q50

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