Oracle Financials Cloud: Payables 1Z0-1055 (4)

Which of the following reports can be used for reconciling Payables activity in a particular period? (Choose five.). Supplier Outstanding report. Payables Posted Invoice Register. Payables Open Items Revaluation report. Payables Posted Payment Register. Payables to General Ledger Reconciliation report. Create Accounting Process. Payables Trial Balance report.

What type of predefined reports are available in Payables? (Choose two.). Oracle Business Intelligence Publisher Reports. Smart View Reports. Oracle Transactional Business Intelligence Reports. Financial Studio Reports.

Which match type do you need to choose to create a matching rule to match a bank statement line to many system transactions?. Detail to Summary. One to Many. Many to One. Many to Many.

Which two will Cash Management transfer to General Ledger when running the Create Accounting process?. Payments. Payroll Payments. Bank Charges. Receipts. Interest.

Which of the following options are available for defining tolerance rules? (Choose three). Percentage. Date. Amount. Conversion Rate.

Which of the following is an Oracle Transactional Business Intelligence report?. Cash to General Ledger Reconciliation Report. Bank Statement Analysis Report. Bank Statement Report. Cash in Transit Report.

Which tab in the bank account page do you use to assign an automatic reconciliation rule set?. Matching. Control. Reconciliation. General.

What expense item information can an auditor adjust in a specific report if data is not compliant with company policy? (Choose 4). Reimburseable amounts. Expense Types. Validate payment requests. Delegations. Itemizations. Accounting entries.

When you submit an expense report, it is routed to approvers who are notified and required to approve the expense report. Which application is used to configure expense approval rules?. BPA Worklist Application. BPM Worklist Application. PPR Worklist Application. EPM Worklist Application.

What are the implementation options for Expenses? (Choose three). Implement with Financials. Implement with Human Capital Management. Implement with Procurement and Sourcing. Implement with Taleo. Implement as a stand-alone application.

Cards are organized by their status in the expenses work area. Which cards will be displayed next, after the create expense report card?. Cards that require action. Cards that are in progress. Cards in approval. Cards that are paid.

Which three are expense policy categories?. Accommodations. Travel. Mileage. Incidental Expenses. Car rental.

XYZ Ltd. has three legal entities with three business units which share the same chart of accounts and expense types. How many Expense Templates will you create?. one template per business unit. one template per legal entity. one template for all legal entities. one template for all business units.

Which of the following are enabled for expenses using the Expenses System Options page? (Choose three). setting the default expense account for a business unit. allowing attachments to expenses. displaying descriptive flexfields for an expense report. enabling the use of policies for expenses. marking expenses as recurring in the Create Expenses page.

XYZ Ltd, a global company, is issuing corporate credit cards to its employees. As per company policy, after making a transaction using the card, an employee needs to pay all the expenses related to corporate transactions and later get them reimbursed from the company. Which option do you think the company should implement?. None of theses. Individual Pay. Company Pay. Both Pay. All of these.

What choices are available for setting an expense as recurring? (Choose three). Yearly. Quarterly. Biweekly. Monthly. Weekly.

A delegate is someone who submits expense reports on your behalf. Where would you see the reports that have been submitted and require your review?. in the Expense Reports Infotile - In Progress. in the Expense Reports Infotile - Delegate Expenses. in the Expense Reports Infotile - In Approval. in the Expense Reports Infotile - Requires Action.

When navigating to expenses, which page are you directed to if you do not have any expense reports or expense items entered?. Product Tour Page. Welcome Springboard. Travel and Expenses Work area. Expenses Infotiles.

A company, XYZ Ltd, has a policy where employees are not required to submit a receipt for meals less than $25. At what level should this policy be implemented to fulfill this requirement?. Expense Template Level. System Option Level. Business Unit Level. Expense Type Level.

When setting up Expenses, a default expense account is assigned to the employee record. Where else can you assign a natural account for expenses?. Expense Policy. Expense Report Template. Expense Item. Expenses System Options.

RAM Ltd. wants to implement a mileage rate policy based on the grade, job location, vehicle type, and distance an employee can travel in a year. What are the rate determinant setups that need to be performed in order to enable this mileage policy?. Role, Fuel Type, Location, Distance, and Vehicle Category. Role, Distance, Geographic Location, Vehicle Category, and Vehicle Type. Vehicle Category, Fuel Type, Vehicle Type, Location, and Role. Role, Location, Vehicle Type, and Distance.

Where would you limit the number of expense reports an employee can submit in a month?. Expenses System Options. Expense Audit List Rule. Expense Report Template. Business Unit.

ABC Ltd. supplies workers to XYZ Ltd. The workers are marked as contingent workers in XYZ Ltd. What are the key setups required in order to process payment to a contingent worker once they incur expenses? (Choose three). Supplier and supplier site must be registered in the system. In the Human Capital Management application, user setup with Contingent worker type is required. The contingent worker must be assigned the All Users Role. Default Payment method must be assigned at the Contingent worker level. Associate the contingent worker with the supplier.

What is created for employee expenses in Payables once the Process Expense Reimbursements and Cash Advances program has successfully completed?. an Expense Report. an Invoice. a Prepayment. a Payment Request.

At what stage are expense reports eligible to export for reimbursement by a third-party?. when they are awaiting approval. when they are audited. when they are approved. when they are submitted and audited. when they are submitted and approved. when they are approved and audited.

Which of the following statements are true for a Tax Classification code. (Choose two). The tax classification code is setup in Payables for expenses. The tax classification code determines the tax amount and how the tax is calculated. The tax classification code is associated with an expense type or expense item. The tax classification code is associated with the employee record.

When the payment data from the third-party is uploaded into Expenses and the Update Expense Report Status process is run, what is the updated status of the expense reports?. Paid. Exported. Ready for Payment Processing. Paid by Third-Party. Exported for Payment Processing.

Where is the third party expense report data exported to?. BPM - Business Process Management. UCM - Universal Content Management. EPM - Expense Process Management. PRM - Payment Request Management. POI - Payables Open Interface.

XYZ Ltd. makes payments through a third-party application and are not using Corporate Cards. Which process should be run to export the required data from Expenses and transfer it to the third-party application?. Create Incentive Payment Batch. Create Corporate Card Issuer Payment Requests. Process Expense Reimbursements and Cash Advances. Create Card Issuer Invoices. Process Trip Expense Report.

What is created in Payables for the contingent worker expenses once the Process Expense Reimbursements and Cash Advances program has successfully completed?. a Payment Request. an Invoice. and Expense Report. a Prepayment.

When an expense report is initially rejected with a reason for the rejection and then subsequently fixed, how do you process the rejected expense for payment?. Process Rejections for Payment. Process Expense Reimbursements for Payment. Process Revalidation for Rejections. Process Expense Reimbursements and Cash Advances.

In Expenses, where are expense report payment requests and invoices displayed?. Payments page. Expense Processing page. Auditing page. Invoicing page.

Which of the following are valid statuses for an expense report after processing? (Choose three). Ready for Payment Processing. Invoiced. Cash Advance. Partially Paid. Paid.

ABC wants to integrate the travel portal of a third party into its system. Which of these are mandatory setups? (Choose two). Schedule the Import Travel Itinerary Process. Enable automatic creation of trip-based expense reports. Define itinerary validation rules. Assign Travel Administrator.

Which methods can be used to create expenses on a mobile device? (Choose three). Voice Recordings. Calendar Entries. Geographic Location. Receipt Images.

In Expenses, who monitors imported itineraries and resolves itinerary data errors?. Travel Agent. Travel Administrator. Travel Manager. Travel Partner.

If a mobile expense line item is not displayed in the Submit Expenses screen, what information may be missing to make them ineligible? (Choose three). Justification. The expense type requires itemization. Description when a description is required by the applicable Business Unit. Tax fields are required for the expense item. Project and Task information for a project user when project information is required.

The expense report you submitted through your mobile device has passed all validations. What will the status of the expense report be?. Validated. Pending Manager Approval. Saved. Approved. Automatically Approved.

In Expenses, if you enable automatic creation of expense reports from business trips, what options will you have? (Choose three). Automatically After Trip. User Initiated. Automatic Travel Expense. Expense Report Initiated. Expense Processing.

ABC Ltd. is planning to enable expense report submission through mobile devices. What are the additional setup activities that need to be performed to enable this?. Log a service request with support to enable Integration Tier. None of these. Enable the Mobile Option at the System Option level. No additional setups are required.

ABC Ltd. has enabled the booking site-specific URLs option. What site assignments need to be set? (Choose two). Employment. Country. Travel Policy. Cost Center. Business Unit.

A manager wants to create ad hoc reporting on expenses incurred by the company. In order to achieve this, he requires data from the Employee Expense Overview Real Time and Expense Transactions Real Time subject areas. From which work area will he be able to find these subject areas?. Financial Reporting Center. All of these. Smartview. Report and Analytics.

An expense manager wants to create ad hoc reports for Expenses. Which roles should be assigned? (Choose three). Expense Transactions Transaction Analysis Duty. OTBI Author Role. OTBI Analysis Duty. Expenses Summary Transaction Analysis Duty. BI Analysis Duty. BI Author Role.

Which subject area should be selected to configure detailed reporting at expense report, line, and distribution level?. Employee Expense Report Real Time. Expense Distribution Transactions Real Time. Employee Expense Overview Real Time. Expense Transactions Real Time. Expense Line Transactions Real Time.

A manager wants to review expenses quarterly by Business Unit and Expense category and compare this with previous quarters. Which subject area should be selected?. Expense Distribution Transactions Real Time. Expense Line Transactions Real Time. Employee Expense Overview Real Time. Employee Expense Report Real Time.

What three products are part of oracle fusion cloud financials?. Ost management. Accounts receivable. General ledger. Self-service procurement. Fixed assets.

Which three features are available from the home page of the oracle help center?. Links to support site. List of help topics by task. Links to apis and schema. Links to the new features. Links to customer connect.

Which three of the following items will affect your setup decisions when implementing oracle fusion cloud financials?. Fiscal and company reporting requirements. Industry. Geographical locations. Hiring of database administrators. Social media sites.

What three family names are used to group the products available as part of oracle fusion cloud apps?. Financials. Logistics. Procurement. Customer innovation. Supply chain management.

Where would you find the infolets if you are using the news feed layout as a home page?. In the analytics sections. In the page control dots section. Things to finish. Task panel. In the apps section.

You want to designate another user to sign to the app and perform tasks on your behalf. Which general preference area would you select?. Expense preferences. Watchlist. Accessibility. Proxies. Regional.

From which three homepage layouts can administrators choose?. Breadcrumb. Panel. News feed. Banner. Navigation bar.

Which three of the following tabs maybe there in the panel?. Setup and maintenance. Search. Task. Social network. Reports.

In oracle fusion financials cloud, the task panel search is used to search within__. The entire cloud app. The work area currently being used. The internet. The offering related that page.

In set user preferences, which three of the following options are related to setting up the language?. Display name language. Language by role. Default language. Current session language.

In what part of the user interface would you find the favorites and recent items icon?. Global area. Process monitor section. Page section. Infolets page. Task panel.

What three actions can you perform when configuring table columns. Delete columns. Rename columns. Hide or show any of the available columns. Reorder the columns. Adjust the width of the columns.

Where do you navigate to set user preferences?. Task panel. Tools. Configuration. Things to finish. Settings and actions menu.

What are three ways of accessing implementation tasks in functional setup manager?. Using getting stared. Using the fsm infolet. Using the fsm search feature. Using an implementation project. Using the functional area.

What two predefined job roles are required to access information within functional setup manager?. Application implementation manager. System administrator super user. Functional setup manager. IT manager. Application implementation consultant.