Online 1Z0-1055-25 Practice Test

Question 1

You are trying to use the Match in Full option for a purchase order, but your search for the PO is returning no results. Which two are the reasons for this?

Options :

A : The match approval level is set to 4-way matching

B : The Supplier or Purchase Order is set up for self-billing

C : The match approval level is set to 3-way matching

D : The Purchase Order is already partially matched to an invoice

Answer: B,D

Question 2

You implemented the service provider model for Payables payments, where your United Kingdom (UK) headquarters works solely as an outsourced payment processing unit on behalf of your other UK business units. What is this type of payment service provider model known as?

Options :

A : Self-Service

B : Dedicated and Self-Service

C : Procurement

D : Dedicated

Answer: D

Question 3

Which three options are available to filter data when you submit thePrepare Payables to Ledger Reconciliation Report?

Options :

A : Business Unit

B : Accounting Period

C : Balancing Segment Value

D : Supplier

E : Primary Ledger

F : Natural Account

Answer: A,B,C

Question 4

Adaptive Intelligence (AI), integrated with Oracle Payables Cloud, supports sophisticated data science that drives early payment discount offers. Which of these is NOT a feature of early payment discounts?

Options :

A : Eligible discounts decrease on a sliding scale based on the supplier-s discretion.

B :

Variable annual percentage rate (APR), based on "days paid early," is used to determine the discount amount.

C : The earlier the payment, the greater the discount.

Answer: A

Question 5

While processing an expense report, the system placed a payment hold on the expense report. What are the two ways to release payment holds?

Options :

A : The expense auditor can manually release the payment hold in a discretionary manner.

B : The employee can manually release the hold from the notification.

C : Expenses automatically releases holds when receipts are received or waived.

D : The employee-s supervisor can manually release the hold from the notification.

E : Payables Manager can release payment holds in Payables.

Answer: A,C

EXPERTY DESIGNED 1Z0-1055-25 PRACTICE TEST