Real 1Z0-1055-23 Exam Questions are the Best Preparation Material
Practice on 2025 LATEST 1Z0-1055-23 Exam Updated 143 Questions
NEW QUESTION # 40
You want your expense auditors to audit only expense reports for specific business units. How do you do this?
- A. Make auditors the managers of the corresponding business unit to route expense reports properly.
- B. Create your own audit extension rules that correspond to the business unit.
- C. Create a custom duty role and assign the data roles to each auditor.
- D. Assign the expense auditors job role and business unit security context and value to the user.
Answer: D
NEW QUESTION # 41
Select three reasons why you cannot close your Payables period. (Choose three.)
- A. bills payable requiring maturity
- B. unaccounted invoices and payments
- C. open intercompany transactions
- 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 # 42
You have two business units, Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports for specific business units?
- A. Assign the Expense Auditor as the owner of each business unit.
- B. Assign the Expense Auditor job roles to each auditor.
- C. Use segment valuesecurity rules to secure access to business units.
- D. Assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles to each Expense Auditor.
Answer: C
Explanation:
You can enable expense auditors to audit expense reports for specific business units by assigning them specific expense auditor data roles for the business units. For example, to allow an expense auditor toaudit expense reports for the Vision Operations and Vision Services business units, assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles, respectively, to the expense auditor.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAWDE/F1005004AN1204B.ht
NEW QUESTION # 43
A Payment Process Request was submitted and errors were found in the payment file. The payment file and process were terminated.
Which two statements are true?
- A. The status of the payment file is Cancelled.
- B. The status of each payment in the payment file is Terminated.
- C. The status of the payment file is Terminated.
- D. The status of each payment in the payment file is Cancelled and the related documents are available for future selection.
- E. The invoices are placed on payment hold.
Answer: A,D
Explanation:
If the payment file has been terminated and the documents payable have been returned to the source product, then the status of the Printed Payment File is Terminated.
Oracle Fusion Paymentsinforms the source product of the terminated documents payable. Then for each payment in the payment file, Payments sets the status to Canceled.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011879AN17393.htm
NEW QUESTION # 44
What data can you find in an Oracle Transactional Business Intelligence subject area attribute column?
- A. data that provides a measure of something
- B. values that are organized into parent-child relationships
- C. information about a business object with values that are dates, Ids or text
- D. data that is metric and can be added up or aggregated
Answer: D
NEW QUESTION # 45
You have successfully processed the expense reports for reimbursement and have transferred the information to Payables. What is the next step before you can pay them?
- A. Validate the invoice in Payables.
- B. Transfer the data to General Ledger.
- C. Create Accounting for the invoice in Payables.
- D. Create a payment process request in Payments.
Answer: A
Explanation:
Oracle Fusion Expenses provides reimbursement functionality that ensures corporate card issuers and employees are reimbursed for business expenses. Expenses uses Oracle Fusion Payables to process expense reports for reimbursement. To reimburse card issuers and employees, the expense auditor runs the Process Expense Reimbursement process and the corporate card administrator runs the process, Create Corporate Card Issuer Payment Requests. After payment requests are created in Payables, corporate card issuers and employees are paid by Oracle Fusion Payments.
Thisfigure shows the flow of data when the expense auditor runs the Process Expense Reimbursement program.
NEW QUESTION # 46
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 the accrual account for the prepaid expenses in the invoice lines or distributions.
- B. You must provide a start date and an end date 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.
Answer: A
NEW QUESTION # 47
The expense auditor has chosen to Request More Information for an expense report. Select two ways the system processes this action.
- A. The expense report is routed back to the approvers.
- B. The employee must resubmit the expense report.
- C. The expense report status remains Pending Payables Approval.
- D. The audit can be completed before the requested information is received from the employee.
Answer: B,D
Explanation:
To request more information for an expense report, select the Request More Information option from the Actions menu in theheader of the Audit Expense Report page. The employee receives a notification that includes the reason for the request, specific instructions, and any additional instructions from you. Selecting the Request More Information action results in the following:
References:https://docs.oracle.com/cd/E60665_01/financialscs_gs/FAWDE.pdf
NEW QUESTION # 48
When working with reference data sets in Payables, what reference data sharing method can you use for Payables Payment Terms?
- A. Assignment to one set only; no common values allowed
- B. Assignment to multiple sets with common values allowed
- C. Assignment to multiple sets; no common values allowed
- D. Assignment to one set only with common values
Answer: B
Explanation:
Assignment to multiple sets, no common values allowed. The method of sharing reference data that allows a reference data object instance to be assigned to multiple sets. For instance, Payables Payment Terms use this method.
NEW QUESTION # 49
You purchased a computer from Company A for 2000 USD. Company B ships you the computer with freight charges of 100 USD. You would like the cost of the computer to include those freight charges.
How can you achieve this?
- A. Choose to Match in full to the Purchase Order.
- B. Choose to Match to Receipt Charges.
- C. Choose Match to Receipt.
- D. Choose to Match to Invoice Lines.
- E. Enter the Invoice manually and add the freight line.
Answer: B
NEW QUESTION # 50
You have assigned additional roles to an existing user. However, the new roles are not appearing for the user in their Navigator menu. What should you check?
- A. Make sure you can query the user using Oracle Identity Manager (OIM) and the roles are assigned.
- B. Make sure you can query the user from the Manage Users page and verify the roles assigned.
- C. Make sure you ran the Retrieve Latest LDAP Changes program.
- D. Make sure the user logs out and logs back in.
Answer: B
Explanation:
Oracle Identity Management maintains Lightweight Directory Access Protocol (LDAP) user accounts for users of Oracle Fusion Applications. Oracle Identity Management also stores the definitions of abstract, job, and data roles, and holds information about roles provisioned to users.
Most changes to user and role information are shared automatically by Oracle Applications Cloud and Oracle Identity Management. No action is necessary to make this exchange of information happen.
However, you must run the processes Send Pending LDAP Requests and Retrieve Latest LDAP Changes to manage some types of information exchange between Oracle Applications Cloud and Oracle Identity Management.
References:https://docs.oracle.com/cd/E60665_01/common/FASER/FASER1345802.htm
NEW QUESTION # 51
Your client wants the subledger journal entry description to be transferred to general ledger.
Which two could be used to enable this?
- A. Set the General Ledger Journal Entry Summarization option to Summarize by general ledger period
- B. Set the General Ledger Journal Entry Summarization option to Group by general ledger period
- C. Set the General Ledger Journal Entry Summarization option to Summarize by general ledger date
- D. Set the General Ledger Journal Entry Summarization option to Group by general ledger date
Answer: A,C
NEW QUESTION # 52
You have created an approval rule as follows:
Rule 1: If the invoice amount > $1000, route it to User 1.
Rule 2: If the invoice amount < $1000, auto approve it.
Now, the user creates an invoice for $1000 and routes it for approval. What will happen?
- A. Invoice will be auto-approved.
- B. Invoice will be sent to User 1 for approval.
- C. The system will issue an error message after the approval has been initiated.
- D. Invoice will not be processed.
Answer: D
NEW QUESTION # 53
A company is centralizing their payment processing using the service provider model.
Which reporting level has to be used to run the Prepare Payables to General Ledger Reconciliation report?
- A. Run the Prepare Payables to General Ledger Reconciliation report at Ledger level.
- B. Running the Prepare Payables to General Ledger Reconciliation report is NOT available when there is a centralized payment processing.
- C. Run the Prepare Payables to General Ledger Reconciliation report for combination of Ledger and Balancing Segment Value.
- D. Run the Prepare Payables to General Ledger Reconciliation report at Business Unit level.
Answer: B
Explanation:
Business unit if you implemented centralized payment processing using the service provider model.
NEW QUESTION # 54
In the implementation project, there is a requirement to add new transactional attributes to the Expense Approver Report workflow notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?
- A. The original Source
- B. The Style-Template
- C. The Data Model
- D. The layout-template
- E. The Output types
Answer: B,D
Explanation:
Style Template: Provides styles such as the type of lines and fonts to use in tables, or the font type, size, and color to use for headings Report: Contains a layout template that determines:
Which attributes appear in the notification, from the data model used for the report What the notification looks like, leveraging components from the subtemplate and styles from the style template used for the report
NEW QUESTION # 55
Your customer has implemented English as base language and French as a local language. The customer's bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?
- A. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with country locale.
- B. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.
- C. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale.
- D. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.
Answer: D
NEW QUESTION # 56
You have three procurement business units, four requisition business units and five sold-to business units. For which will the supplier registration flows be deployed?
- A. twelve business units per supplier
- B. four requisition business units
- C. three procurement business units
- D. one business unit per supplier
- E. five sold-to business units
Answer: C
Explanation:
A supplier is modeled as a global entity, meaning it is not created within a business unit or any other organizational context. A procurement business unit establishes a relationship with asupplier through the creation of a site which maintains internal controls for how procure to pay transactions are executed with the supplier. The other entities of the supplier profile capture mostly external information that is provided by the supplier, such as taxidentifiers, addresses, contact information, and so on.
References:https://docs.oracle.com/cd/E51367_01/procurementop_gs/OAPRC/F1007476AN106E5.htm
NEW QUESTION # 57
While entering an expense report for your corporate card transactions, you notice that the conversion rate defined in the Manage Conversion Rates and Policies page is not used.
What is the reason?
- A. You did not define conversion rates in the General Ledger Cloud.
- B. You did not define conversion rates for your business unit.
- C. Only cash transactions use those settings.
- D. You did not specify a default expense template.
Answer: B
Explanation:
Conversion rate behavior applies only to cash expenses, not to corporate card expenses.
References:https://docs.oracle.com/cd/E60665_01/financialscs_gs/FAIEX/F1456644AN125F2.htm
NEW QUESTION # 58
Which component is not included in the security architecture for credit card data and bank account data encryption?
- A. Payments master encryption key
- B. Oracle Wallet
- C. Supplier master encryption key
- D. Sensitive data encryption and storage
- E. Payments subkeys
Answer: C
NEW QUESTION # 59
A company has a requirement to default the disbursement bank account when submitting a Payment Process Request.
Which actions will accomplish this?
- A. Define the Disbursement Bank Account to the Payment Method in payment default rules.
- B. Define the Disbursement Bank Account to every supplier.
- C. Define the Disbursement Bank Account at the business unit level to have the payment process derive the bank account.
- D. Assign the Disbursement Bank Account to users to have the payment process default the bank account.
- E. Create a Payment Process Request template that includes the Disbursement Bank Account.
Answer: D,E
Explanation:
D: You can assign thedisbursement bank account and the payment process profile to all documents payable in the payment process request during the Submit Payment Process Request process. If you use a payment process request template, a disbursement bank account and a payment process profile default from the template.
DE:The following options affect payment processing:
References:https://docs.oracle.com/cd/E37017_01/doc.1115/e22897/F438410AN16238.htm
NEW QUESTION # 60
The payment build program has completed but with errors.
When submitting the payment process request, which processing option is used to review the error messages from the Manage Payment Process Request Inquiry?
- A. Enable debug for the payment format program.
- B. Set the validation failure handling for payments to "show errors."
- C. Set the validation failure handling for payments to "stop process for review."
- D. Set the validation failure handling for documents to "show errors."
Answer: C
NEW QUESTION # 61
You need to enter a high volume of users into the system. What is Oracle's recommendation to do this?
- A. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Cloud Applications.
- B. Use the Enter a Supplier user interface and enter each user manually.
- C. Use the Hire an Employee user interface and enter each user manually.
- D. use the spreadsheet of Oracle Identity Manager (OIM) to import users.
Answer: B
Explanation:
If you have batch of users that have to be created, the Oracle team can bulk load the users into the OIM Application.
References:http://docs.oracle.com/cd/E79623_01/rms/pdf/160C/html/admin_guide/tasks.htm
NEW QUESTION # 62
......
Authentic 1Z0-1055-23 Exam Dumps PDF - Oct-2025 Updated: https://exams4sure.pdftorrent.com/1Z0-1055-23-latest-dumps.html