1Z0-1055-20 Exam Questions & Answers

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1Z0-1055-20 Exam Questions & Answers

Vendor: Oracle

Certifications: Enterprise Resource Planning (ERP)

Exam Code: 1Z0-1055-20

Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials

Updated: Jan 25, 2023

Q&As: 112

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1Z0-1055-20 Online Practice Questions and Answers

Questions 1

Identify two ways the invoice imaging solution works in the Cloud. (Choose two.)

A. Customers cannot use invoice imaging in the Cloud.

B. Customers scan and store the invoice images on-premise and attach them during invoice entry.

C. Customers ask their suppliers to scan and email the invoice.

D. Customers ask suppliers to send electronic invoices.

E. Customers scan the invoice on-premise and email the images.

Show Answer
Questions 2

Which two statements are true about the Invoice Validation process? (Choose two.)

A. opens the relevant accounting period

B. validates project information

C. updates supplier balances

D. creates tax lines and distributions

E. creates accounting entries in draft

Show Answer
Questions 3

You have 10 ledgers and 30 business units and want to leverage Preference Data Sets. What is the function of Reference Data Sets?

A. allow you to secure data by business unit

B. allow you to assign multiple business units to users in a shared service center

C. allow you to maintain sets of related data in a Data Dictionary

D. allow you to share reference data, such as payment terms, across multiple business units to avoid redundant setup

Show Answer More Questions

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