Online 1Z0-1055-25 Practice Test

Question 1

Which two invoice types can have a status of Incomplete?

Options :

A : Supplier Portal Invoices which are saved but not yet submitted

B : Scanned Invoices with invalid or missing data

C : Scanned Invoices which are rejected during import

D : Prepayment Invoices which are fully paid but not applied against any invoice

Answer: A,B

Question 2

You joined an OU Live Session for Oracle Financials centered on Expenses and learned about a new feature, Monthly and Lifetime Rate Limit Enforcement for Miscellaneous Policies. With this new feature, you can now enforce monthly and lifetime rate limits for miscellaneous expenses. Based on which four values did the instructor say you can configure the rate limits?

Options :

A : Currency

B : Gender

C : Exchange Rate Conversion

D : Expense Type

E : Location

F : Employee Management Level

G : Enforce the same rate limit for all employees.

H : Role

Answer: C,E,G,H

Question 3

As an Oracle Payables Subject Matter Expert, you are familiarizing yourself with Intelligent Document Recognition (IDR). After detailed review, you consider Adaptive Learning one of the most beneficial features of IDR. Adaptive learning increases the accuracy of invoice scanning and improves touchless processing. When users make corrections in the interactive viewer, each invoice edit trains the algorithms and improves future recognition. Which is NOT a key consideration for Adaptive Learning?

Options :

A : Bill-To Recognition from Invoice Document

B : Adaptive Learning for Routing Attributes

C : Sharing Adaptive Learning Between Environments

D : Legal Entity Recognition from Invoice Document

E : Adaptive Learning for Invoice Lines

Answer: A

Question 4

Oracle Cloud currently offers two invoice scanning solutions: Integrated Imaging and Intelligent Document Recognition (IDR). Both solutions function similarly. In which two ways do these invoice scanning solutions operate in the cloud?

Options :

A : Customers scan the invoice on-premises and email the images.

B : Customers ask suppliers to send electronic invoices.

C : Customers ask their suppliers to scan and email the invoice.

D : Customers scan and store the invoice images on-premises and attach them during invoice entry.

E : Customers cannot use invoice imaging in the Cloud.

Answer: A,C

Question 5

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

EXPERTY DESIGNED 1Z0-1055-25 PRACTICE TEST