Oracle 1Z0-1005 Online Practice Questions and Exam Preparation

Oracle 1Z0-1005 Online Questions & Answers

• Question 1:

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

• Question 2:

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

• Question 3:

  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. SingleTypeParticipantInParallelModeRuleSet
  B. FyiTypeParticipantInParallelModeRuleSet
  C. InvoiceApprovalRuleSet
  D. ParallelTypeParticipantInParallelModeRuleSet
  D. ParallelTypeParticipantInParallelModeRuleSet

• Question 4:

  Which three are invoice types that can be entered using the Supplier Portal? (Choose three.)

  A. Invoices that are automatically created when the supplier creates an ASN for drop shipments
  B. B2B XML invoices
  C. Non purchase order matched invoices
  D. Invoices that are created from the Evaluated Receipt Settlement (ERS) process
  E. Purchase order matched invoices
  B. B2B XML invoices
  D. Invoices that are created from the Evaluated Receipt Settlement (ERS) process
  E. Purchase order matched invoices

• Question 5:

  Which three reports are generated by the export setup data process? (Choose three.)

  A. Exported Business Object Report
  B. Process Results Report
  C. Process Results Summary Report
  D. Process Results Detail Listing Report
  E. Setup Data Report
  B. Process Results Report
  C. Process Results Summary Report
  E. Setup Data Report

• Question 6:

  Which three are valid reasons why you cannot close your Payables period? (Choose three.)

  A. Bills payable requiring maturity
  B. Unaccounted invoices and payments
  C. Suppliers on payment holds
  D. Unapplied prepayments
  E. Incomplete payment files
  C. Suppliers on payment holds
  D. Unapplied prepayments
  E. Incomplete payment files

• Question 7:

  You have an invoice with a payment term that has the following settings: Day of Month = 15

  Cut off Day = 11 Months Ahead = 0 Terms Date on Invoice = January 12th

  What will the resulting due date for the invoice installment be?

  A. March 15th
  B. January 15th
  C. April 15th
  D. February 15th
  D. February 15th

• Question 8:

  Which three are supported image formats for the Integrated Imaging solution? (Choose three.)

  A. RTF
  B. JPEG
  C. TIFF
  D. XLS
  E. PNG
  B. JPEG
  C. TIFF
  E. PNG

• Question 9:

  You need to create a payment for a supplier before the next payment run. The invoice you wish to pay is not available for selection in the Create Payment page. Which two are possible reasons for this? (Choose two.)

  A. The payment supplier site is different to the supplier site on the invoice.
  B. The invoice is not yet due.
  C. The invoice is not validated.
  D. The payment method for the invoice is Electronic.
  E. The invoice is not accounted.
  B. The invoice is not yet due.
  D. The payment method for the invoice is Electronic.

• Question 10:

  Which three are Invoice Header attributes that can be used during invoice approval rule creation? (Choose three.)

  A. Business Unit Name
  B. Pay Group Lookup Code
  C. Statistical Amount
  D. Requester Name
  E. Accounting Date
  A. Business Unit Name
  B. Pay Group Lookup Code
  E. Accounting Date