Free Oracle 1Z1-1055 Exam Dumps Questions & Answers

Your customer has an electronic payment format program in use and wants all the documents to use the pay group "Domestic". What should you do to achieve this?

• A.  Define a user validation at the formatprogram to include: Field "Document pay group", condition "Equal to String", value "Domestic", and Field "Format Program Code", condition "Equal to String" and value - as desired.
• B.  Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", value "Domestic", and Field "Document pay group", condition "Required" and value - not applicable.
• C.  Define a user validation at the format program to include: Field "Document pay group", condition "Equal to String", and value "Domestic".
• D.  Modify your template to hard code the value "Domestic" for the pay group position.

A company has a requirement to pay small suppliers outside of Payables, but it does not want to manually record each payment.
Which solution should you implement?

• A.  Create payments by using a clearing payment method for thosesuppliers because this payment method does not generate a file.
• B.  Create payments by using Electronic Funds Transfer (EFT) for those suppliers but do not send the electronic file to the bank.
• C.  Create payments by using the Check Payment method for those suppliers and then destroy those checks.
• D.  Create a payment by using a wire payment method for those suppliers.

The Accounts Payable Manager voided a foreign currency payment due to insufficient funds. Which three statements are correct? (Choose three.)

• A.  Any realized gain or loss previously calculated is reversed.
• B.  Any previous accounting and payment records for an invoice are reversed.
• C.  All related interest invoices are reversed if previously created.
• D.  All related withholding tax invoices are automatically voided.
• E.  Voiding the payment automatically places an invoice on hold.

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 Invoice Options page for the business unit.
• D.  The option 'Allow remit-to supplier override for third-party payments' is not checked in the Payment Options page for the business unit.

Your customer has requested a modification to the payment file to meet the acceptable bank standards. The changes were based on a format of a seeded payment process profile which is already in use. The only changes made are to the field positions. What two steps can make these changes work?

• A.  No change in the template is needed as we can achieve this using user-defined validations to move the positions as required.
• B.  Copy and modify the existing template to alter the positions as requested by the bank.
• C.  Create a new template to make changes as requested by the bank.
• D.  Keep the payment process profile and leave the format programs unchanged.
• E.  Create a newpayment process profile and a new format program.
• F.  Oracle Data Integrator or Golden Gate can be used to map the fields as required.