Free Oracle 1Z0-1055 Exam Dumps Questions & Answers

XYZ Supplier has third party relationships defined with ABC Supplier and ACME Corporation. However, when reviewing the invoice installments for XYZ Supplier the payables specialist is unable to override the remit-to supplier name and address on the Invoice installments.
What is the reason for this?

• A.  The option 'Allow remit-to supplier override for third-party payments' is not checked in the Disbursement System Options page for the business unit.
• B.  The option 'Allow remit-to supplier override for third-party payments' is not checked in the Common Options for Payables and Procurement page for the business unit.
• C.  The option 'Allow remit-to supplier override for third-party payments' is not checked in the Payment Options page for the business unit.
• D.  The option 'Allow remit-to supplier override for third-party payments' is not checked in the Invoice Options page for the business unit.

You need 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.  ParallelTypeParticipantInParallelModeRuleSet
• B.  SingleTypeParticipantInParallelModeRuleSet
• C.  InvoiceApprovalRuleSet
• D.  FyiTypeParticipantInParallelModeRuleSet

Which invoice types can be included in the Create Payment flow?

• A.  Standard, Debit Memo and Customer Refund
• B.  Standard, Credit Memo and Customer Refund
• C.  Standard, Credit Memo, and Invoice Request
• D.  Standard, Credit Memo and Debit Memo

Your client company has two business units and requires the Payables Specialist to process invoice transactions for both business units.
What setup is required to achieve this?

• A.  Business Unit Security
• B.  a Self-Service Service Provider Model
• C.  a Dedicated and Self-Service Service Provider Model
• D.  a Dedicated Service Provider model

Which two statements are true about the Invoice Validation process? (Choose two.)

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