During your businesstrip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa that the one used by your company.
How do you handle this situation?
A. Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.
B. Call Visa to address the issue and tell them to makeadjustments to their conversion rate. Then, wait to get a revised statement.
C. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.
D. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.
Which three are supported image formats for the Integrated Imaging solution? (Choose three.)
A. RTF
B. JPEG
C. TIFF
D. XLS
E. PNG
What data can you find in an Oracle Transactional Business Intelligence subject area attribute column?
A. values that are organized into parent-child relationships
B. data that is metric and can be added up or aggregated
C. information about a business object with values that are dates, Ids or text
D. data that provides a measure of something
You need to submit a 1099 report; your State format has changed slightly since last year. How should you submit your 1099s for the State in the current year?
A. Manually enter the 1099s for the State and submit.
B. Generate a 1096 form and submit it instead.
C. Run and submit your 1099s because it will automatically reflect any changes.
D. Edit the 1099 template to reflect the changes, and then run and submit the 1099 report.
Certain suppliers that your customer regularly deals with are exempt from tax. How would you configure tax for this?
A. Enable the relevant suppliers for Offset Tax and create anOffset Tax to remove the calculated tax line from these suppliers.
B. Define a Tax Status and Rate for Exempt, define a Party Fiscal Classification of Exempt, assign it to the relevant suppliers, and write a rule to incorporate the exempt Party Fiscal Classification.
C. Create a new Tax Regime for the Exempt tax and subscribe the exempt suppliers to the tax regime on the Configuration Options tab.
D. Define a Tax Status and Rate for Exempt, define a Supplier Fiscal Classification of Exempt, assign it to therelevant suppliers, and write a rule to incorporate the exempt Supplier Fiscal Classification.
There are four key reports in Cash Management.
What is the correct match for each report and its description?
Report
1.
Cash to General Ledger Reconciliation Report
2.
Bank Statement Report
3.
Cash in Transit Report
4.
Bank Statement Analysis Report Description
1.
Lists all transactions for a specific bank account, that have been remitted to the bank but have not been cleared.
2.
Displays the bank statements that are used to analyze balances and transaction details.
3.
Displays balance and transaction information forspecific bank statements.
4.
Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management.
A. 1 = H, 2 = G, 3 = E, 4 = F
B. 1 = E, 2 = G, 3 = H, 4 = F
C. 1 = H, 2 = F, 3 = E, 4 = G
D. 1 = H, 2 = E, 3 = G, 4 = F
You are voiding apayment and have selected Cancel as the Invoice Action. After performing the void, you notice the invoice is not cancelled but has an Invoice Cancel hold on it.
What is reason for this?
A. The invoice has been partially paid by another payment.
B. The invoice date is not in the current open period.
C. The invoice is already on hold.
D. The invoice accounting date is not in the current open period.
When submitting the Payables to General Ledger Reconciliation report, the extract did not select any data. 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 enabled the Reconciliation flag to all of your liability natural account values.
D. Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.
A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to makethe cross currency rate type the default?
A. Manage Invoice Options and Manage common options for Payables and Procurement
B. Manage Payable Options and Manage common options for Payables and Procurement
C. Manage Invoice Options and Manage Procurement agents
D. Manage common options for Payables and Procurement and Manage Procurement agents
E. Manage Payment Options and Manage common options for Payables and Procurement
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only Oracle exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your 1Z0-1055-22 exam preparations and Oracle certification application, do not hesitate to visit our Vcedump.com to find your solutions here.