Quiz 2025 1Z0-1055-23: Oracle Financials Cloud: Payables 2023 Implementation Professional–High-quality Exam Vce Format
Quiz 2025 1Z0-1055-23: Oracle Financials Cloud: Payables 2023 Implementation Professional–High-quality Exam Vce Format
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Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions (Q41-Q46):
NEW QUESTION # 41
When submitting the Payables to General Ledger Reconciliation report, the extract did not select any dat a. What should you check?
- A. Make sure you assign an Account parameter when running the extract to include liability accounts.
- B. Make sure you specified a Business Unit in the parameters when running the extract.
- C. Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.
- D. Make sure you enabled the Reconciliation flag to all of your liability natural account values.
Answer: C
Explanation:
You must assign a Financial Category of Accounts payable to all your liability natural account values. This is a required setup step for Payables to General Ledger reconciliation.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011880AN1B948.htmc
NEW QUESTION # 42
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 one set only with common values
- C. Assignment to multiple sets; no common values allowed
- D. Assignment to multiple sets with common values allowed
Answer: D
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 # 43
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 invoice requires approval.
- B. The invoice needs re-validation.
- C. The pay-through date is in a future period.
- D. The pay-through date is in a closed Payables period.
- E. The invoice has not been accounted.
Answer: A,B
NEW QUESTION # 44
In the Business Intelligence Publisher (BIP) report layout properties page, when you click Extract Translation, the BIP publisher extracts the translatable strings from the BIP report template and exports them into which format?
- A. .xlf (XLIFF file)
- B. .xls (Excel file)
- C. .doc (Word file)
- D. .pdf (Acrobat reader file)
Answer: D
Explanation:
BI Publisher extracts the translatable strings from the template and exports them to an XLIFF (.xlf file).
NEW QUESTION # 45
Your client wants to retrieve values for the account code based on the invoice line description. For example, Invoice Line Description = Laptop then Account Code = 5670.
Which Subledger Accounting option would you use to achieve this?
- A. Description Rule
- B. Supporting References
- C. Transaction References
- D. Event Class Settings
- E. Mapping Set
Answer: B
Explanation:
If you're matching to a purchase order and don't enter a value, the import process uses the item description from the purchase order line.
NEW QUESTION # 46
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