New 2025 Latest Questions 1Z0-1055-23 Dumps - Use Updated Oracle Exam

Latest 1Z0-1055-23 Exam Dumps Oracle Exam from Training Expert Braindumps2go

NEW QUESTION # 74
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. Hard code Supplier Name "Company A" in the report template and only invoices for that supplier will be displayed.
• 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. 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.

Answer: C

Explanation:
Use an if statement to define asimple condition; for example, if a data field is a specific value.
Insert the following syntax to designate the beginning of the conditional area.
<?if:condition?>
Insert the following syntax at the end of the conditional area: <?end if?>.
References:https://isu.ifmo.ru/docs/XMLP/help/en_US/htmfiles/B25951_01/T421739T421743.htm

NEW QUESTION # 75
You need to create a payment for a supplier before the next payment run. The invoice you wish to pay is not available for selection in the Create Payment page.
Which two are possible reasons for this?

• A. The invoice is not yet due.
• B. The invoice is not validated.
• C. The payment method for the invoice is Electronic.
• D. The invoice is not accounted.
• E. The payment supplier site is different to the supplier site on the invoice.

Answer: A,E

NEW QUESTION # 76
Which three are supported image formats for the Integrated Imaging solution? (Choose three.)

• A. PNG
• B. TIFF
• C. XLS
• D. RTF
• E. JPEG

Answer: C,D,E

NEW QUESTION # 77
Identify three statements that indicate the purpose of Functional Setup Manager.

• A. it allows you to assign setup tasks to individuals with due dates where users must manually update their completion status.
• B. It provides a central place to access and perform all of the setup steps across the applications.
• C. It allows you to centrally manage the close processes across subledgers and ledgers.
• D. It automatically generates lists of setup tasks in the correct sequence with dependencies highlighted.
• E. It automatically marks the completion status of tasks as Completed once they have been completed.

Answer: A,B,D

Explanation:
With Oracle Fusion Functional Setup Manager you can:
References:https://docs.oracle.com/cd/E56614_01/common_op/OAFSM/F1166427AN1007E.htm

NEW QUESTION # 78
Your customer has an electronic payment format program in use and wants all the documents to use the pay group "Domestic". What should you do to achieve this?

• A. Modify your template to hard code the value "Domestic" for the pay group position.
• B. Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", and value "Domestic".
• C. Define a user validation at the formatprogram to include: Field "Document pay group", condition "Equal to String", value "Domestic", and Field "Format Program Code", condition "Equal to String" and value - as desired.
• D. Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", value "Domestic", and Field "Document pay group", condition "Required" and value - not applicable.

Answer: C

Explanation:
User-Defined Validation That Checks a Specific Condition and Value

References:https://docs.oracle.com/cloud/farel9/financialscs_gs/FAIPP/F1469799AN17B6B.htm

NEW QUESTION # 79
When reviewing installments, what setup is required to override the supplier site on an invoice?

• A. Allow the remit-to supplier override for third-party payments at Manage Payment options.
• B. Allow payee to override for third-party payments while Manage Invoice options.
• C. Allow the remit-to supplier override for third-party payments at Manage Invoice options.
• D. Allow the remit-to supplier address override for third-party payments at Manage Invoice options.

Answer: D

Explanation:
(Optional) Setting the Remit-to Supplier Override Option
References:https://docs.oracle.com/cloud/farel9/financialscs_gs/FAIPP/F1470346AN14ECB.htm

NEW QUESTION # 80
Which two statements are true about the Invoice Validation process?

• A. creates accounting entries in draft
• B. updates supplier balances
• C. creates tax lines and distributions
• D. validates project information
• E. opens the relevant accounting period

Answer: A,E

Explanation:
Invoice validations
Etc.
References: https://docs.oracle.com/cloud/farel9/financialscs_gs/FAPPP/F1011878AN100C4.htm

NEW QUESTION # 81
Which two statements are true about processing corporate card expenses?

• A. Usage policy for expense category tolerances does not apply to credit card expenses.
• B. Card transactions will be paid directly from Expenses Cloud.
• C. Conversion rate defaults apply only to cash expenses, not to corporate card expenses.
• D. You can process payment for credit card using Electronic funds transfer, check, or wire.
• E. Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to cash expenses.

Answer: A,C

Explanation:
Conversion rate behavior applies only to cash expenses, not to corporate card expenses.
To enable your company to pay a corporate card issuer, you enter a default payment method, whether check, EFT (Electronic funds transfer), or wire, in the Address Payment Information region of the Edit Corporate Card Issuer page, as well as bank account information.
References:
https://docs.oracle.com/cloud/latest/financialscs_gs/FAIEX/FAIEX1456644.htm
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49599/F1110434AN7B1F9.htm

NEW QUESTION # 82
Which job role has full access to perform all Functional Setup Manager related activities?

• A. Any Functional User
• B. IT Security Manager
• C. Functional Setup Manager Superuser
• D. Application System Administrator
• E. Application Implementation Consultant

Answer: E

NEW QUESTION # 83
Which data is visible to a Payables user in the Payables to General Ledger Reconciliation report?

• A. Data for all business units and one balancing segment in the ledger
• B. Data for authorized business units only; no GL data is visible
• C. Data for all business units and all balancing segments in the ledger
• D. Data for authorized business units and GL data for all balancing segments in the ledger (unless restricted)

Answer: C

Explanation:
Payables users can also see general ledger data for all balancing segment values in the ledger.

NEW QUESTION # 84
You need to submit a 1099 report; your State format has changed slightly since last year. How should you submit your 1099s for the State in the current year?

• A. Manually enter the 1099s for the State and submit.
• B. Generate a 1096 form and submit it instead.
• C. Edit the 1099 template to reflect the changes, and then run and submit the 1099 report.
• D. Run and submit your 1099s because it will automatically reflect any changes.

Answer: C

NEW QUESTION # 85
You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements.

• A. For period end accruals, the invoice accounting debits the expense account and credits the liability account.
• B. For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.
• C. For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.
• D. For period end accruals, accounting is created at material receipt or at delivery to a final destination.

Answer: A,B

NEW QUESTION # 86
You have evaluated the use of Oracle Maps Cloud service with Expenses for mileage calculation. The decision is to use this feature.
How do you enable the feature?

• A. Set Enable Oracle Maps to yes in the expense mileage policies.
• B. Set the profile option ORA_EXM_ORACLE_MAPS to yes at the site level.
• C. Set Enable Oracle Maps to yes in the expense report template.
• D. Set Enable Oracle Maps to yes in the expenses system options.

Answer: D

Explanation:
Create a mileage policy, optionally include a commute deduction rule, and then assign the mileage policy to an expense type to activate the policy.

NEW QUESTION # 87
You want to route invoices to three different approvers at the same time and only one approver needs to approve the invoice. Which approval ruleset should you use?

• A. InvoiceApproversParallelParticipantInParallelMode
• B. Invoice Approvers
• C. InvoiceApproversSingleParticipantInParallelMode
• D. InvoiceApproversFYIParticipantInParallelMode

Answer: A

NEW QUESTION # 88
A company has three legal entities each with a corresponding business unit all within the same country. All organizations buy and sell the same products. You are configuring the tax setup.
What is the minimum number of Tax Regimes you need to configure for this company?

• A. 0
• B. 1
• C. 2
• D. 3

Answer: D

Explanation:
You must set up a separate tax registration to represent each distinct registration requirement for a first party legal reporting unit.

NEW QUESTION # 89
Select three reasons why you cannot close your Payables period. (Choose three.)

• A. unaccounted invoices and payments
• B. open intercompany transactions
• C. bills payable requiring maturity
• D. unapplied prepayments
• E. suppliers on payment holds

Answer: A,B,C

Explanation:
The types of exceptions reported are:
References:https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_9DE8D32BDBE0FBADE040D30A688146CA

NEW QUESTION # 90
Which attributes on the payables invoice can be used during approval rule creation?

• A. cost center segment and supplier only
• B. company segment, cost center segment, supplier, and Attribute 1 on the invoice line
• C. company and cost center segment only
• D. supplier only

Answer: B

NEW QUESTION # 91
You want to have an invoice line automatically distributed across multiple cost centers. For example, you want your monthly utility bill allocated across multiple cost centers based on a percentage. Select two methods to achieve this.
Response:

• A. Enter the invoice in Payables and then use general ledger's Calculation Manager to allocate the costs.
• B. Customize the Subledger Accounting rules to allocate costs.
• C. Define a distribution set and assign it to the supplier.
• D. Define a distribution set andassign it manually to the invoice.

Answer: A,C

NEW QUESTION # 92
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