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VCE 1Z0-1055-23 Dumps & Test 1Z0-1055-23 Valid

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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions (Q55-Q60):

NEW QUESTION # 55
Which three types of payments can you make if you have access to Disbursement Process Management Duty? (Choose three.)

A. Ad hoc payments
B. Reimbursement of employee expense reports
C. Supplier payments
D. Employee advances
E. Customer refunds

Answer: A,D,E

NEW QUESTION # 56
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. 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.
B. Hard code Supplier Name "Company A" in the report template and only invoices for that supplier will be displayed.
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:condition?> before the Supplier field and then enter the closing tag </<?if:condition?>.

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 # 57
You have modified your tax setup and want to test the changes on actual Payables transactions. How do you validate before enabling for transaction?

A. Oracle Transactional Business Intelligence (OTBI)
B. by creating accounting in draft mode
C. by changing the tax status to test and then entering a payables invoice
D. by creating a payable invoice, and by validating and reviewing the tax application
E. by using Tax Simulator to test

Answer: E

Explanation:
Run taxes from all applicable tax regimes against a sample transaction to verify that your tax configuration and tax rules were created and applied according to yourrequirements. You can either create a sample transaction within Tax Simulator or copy an existing transaction. The simulated tax calculations do not affect live data.
Note:The Tax Simulator is a tool for simulating the tax determination process in your tax setup. The Tax Simulator lets you preview the workings of your tax configuration before you perform tax calculations on live transactions in a subledger application. TheTax Simulator also allows you to test new tax configuration in conjunction with existing tax configuration to preview the resulting tax calculation. The Tax Simulator is a useful tool to identify the root cause when tax calculation is not what is expectedon live data.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAFTT/F1006654AN226D8.htm

NEW QUESTION # 58
Your client wants to retrieve values for the account code based on the invoice line description. For example, Invoice Line Description = Laptop then Account Code = 5670.
Which Subledger Accounting option would you use to achieve this?

A. Supporting References
B. Event Class Settings
C. Transaction References
D. Mapping Set
E. Description Rule

Answer: A

Explanation:
If you're matching to a purchase order and don't enter a value, the import process uses the item description from the purchase order line.

NEW QUESTION # 59
What is the name of the Work Area that is used to access Functional Setup Manager?

A. Functional Work Area
B. Customization Manager
C. Customize Setup and Maintenance
D. Setup and Maintenance
E. Functional Setup Manager

Answer: B

Explanation:
All Oracle Functional Setup Manager functionality is available from the Setup and Maintenance work area.
References:https://docs.oracle.com/cloud/latest/financialscs_gs/FACSF/FACSF1004385.htm

NEW QUESTION # 60
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VCE 1Z0-1055-23 Dumps & Test 1Z0-1055-23 Valid

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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions (Q55-Q60):

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