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1z0-1005 by Oracle - Page 1 | ExamCademy

Mode Selection

Question 1

Question 2

Question 3

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 InvoiceApproversFYIParticipantInParallelMode
B InvoiceApproversSingleParticipantInParallelMode
C InvoiceApproversParallelParticipantInParallelMode
D Invoice Approvers

Question 4

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 5

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?

A The pay-through date is in a closed Payables period.
B The invoice has not been accounted.
C The invoice requires approval.
D The pay-through date is in a future period.
E The invoice needs re-validation.

Question 6

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

Question 7

Which statement is correct if the payment terms entered in the invoice differ from the payment terms on the purchase order?

A The user needs to specify which payment term to use.
B The payment term of the purchase order overrides the invoice payment term.
C The payment term of the invoice overrides the purchase order payment term.
D The purchase order payment term cannot be overridden.
E The user needs to manually change the payment term on the invoice to match the purchase order payment term.

Question 8

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 the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale.
C 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.
D 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.

Question 9

Which two statements are true when you are using the Intercompany Reconciliation Reports?

A You must run the prepare Intercompany Reconciliation Reporting Information process.
B The reconciliation period summary report will not show the intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction.
C The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
D The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
E You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.

Question 10

You have just imported invoices from a spreadsheet. What is the validation status of the imported invoices?

A Needs Revalidation
B Not Validated
C Not Required
D Imported
E Validated

Question 11

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 Transfer the data to General Ledger.
B Validate the invoice in Payables.
C Create a payment process request in Payments.
D Create Accounting for the invoice in Payables.

Question 12

You want your expense auditors to audit only expense reports for specific business units. How do you do this?

A Create a custom duty role and assign the data roles to each audior.
B Create your own audit extension rules that correspond to the business unit.
C Make auditors the managers of the corresponding business unit to route expense reports properly.
D Assign the expense auditors job role and business unit security context and value to the user.

Question 13

Your intercompany transaction type is active and enabled for invoicing. What are the two prerequisites to generate intercompany receivables and intercompany payable transactions after the Generate Intercompany Allocations process is run?

A For the Legal Jurisdiction, Legal function: "Generate intercompany invoice" should be assigned.
B Schedule create accounting for the intercompany process.
C Supplier site primary pay flag and customer account bill to primary flag should be enabled.
D Run the processes Create Intercompany transactions to Receivables and Create Intercompany transactions to Payables.
E Run the processes Transfer Intercompany transactions to Receivables and Transfer Intercompany transactions to Payables.
F Manual Approvals should be allowed for the transaction type.

Question 14

In what order should the import process be run when importing suppliers?

A Supplier, Supplier Site Contacts, Supplier Site, Supplier Site Assignment
B Supplier, Supplier Site, Supplier Site Contacts, Supplier Site Assignments
C Supplier, Supplier Site Assignment, Supplier Site, Supplier Contacts
D any order

Question 15

Which two statements are true about processing corporate card expenses?

A Conversion rate defaults apply only to cash expenses, not to corporate card expenses.
B Usage policy for expense category tolerances does not apply to credit card expenses.
C Card transactions will be paid directly from Expenses Cloud.
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.

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Know a question that should be here? Contribute to this exam

What is the invoice type of an unapproved, unmatched invoice that was created in the Supplier Portal?

A Standard Invoice
B Standard invoice request
C Credit Memo
D Supplier payment request
E iSupplier Invoice

When creating a check payment, from where is the payment document defaulted?

A Legal Entity
B Bank
C Business Unit
D Bank Account
E Supplier