Free Oracle 1Z0-1055-21 Exam Dumps Questions & Answers

You need to enter a last-minute invoice during the close process. What is the quickest way to enter and post the invoice to general ledger?

• A.  Enter the invoice via a spreadsheet. Then, from the Manage Invoices page, query the invoice, validate it, create accounting, and then open general ledger's Manage Journals page and post the associated invoice journal entry.
• B.  Enter the invoice via a spreadsheet and then validate, account, and post the invoice from the spreadsheet.
• C.  Enter and post a manual journal entry directly into the general ledger.
• D.  Enter the invoice in the Create Invoice page, choose the Validate option, and then the Account and Post to Ledger option.

Which reporting tool is used to report on real-time data?

• A.  Smart View
• B.  Oracle Financial Reporting Studio
• C.  Oracle Business Intelligence Publisher
• D.  Essbase Cube
• E.  Oracle Transactional Business Intelligence (OTBI)

Select three reasons why you cannot close your Payables period. (Choose three.)

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

Which component is not included in the security architecture for credit card data and bank account data encryption?

• A.  Oracle Wallet
• B.  Supplier master encryption key
• C.  Payments master encryption key
• D.  Sensitive data encryption and storage
• E.  Payments subkeys

Which two are classified as Self-Billed invoices? (Choose two.)

• A.  Expense Reports transferred from Expenses
• B.  Invoices created using Integrated Imaging
• C.  Debit Memos created by the Return to Supplier feature
• D.  Customer Refunds initiated from Receivables
• E.  Evaluated Receipt Settlement (ERS) Invoices
• F.  Invoices entered through the Supplier Portal