Oracle Oracle Certifications 1Z0-1005 Questions & Answers

• Question 21:

  Which three are subject area subfolders that report Payables reconciliation differences to General Ledger? (Choose three.)

  A. Reconciliation Payment Details

  B. Reconciliation Prepayment Application Details

  C. Reconciliation Invoice Details

  D. Reconciliation Invoice Hold Details

  E. Reconciliation Invoice Request Details

  Correct Answer: ABC

• Question 22:

  While entering an expense report for your corporate card transactions, you notice that the conversion rate

  defined in the Manage Conversion Rates and Policies page is not used.

  What is the reason?

  A. You did not define conversion rates for your business unit.

  B. You did not specify a default expense template.

  C. Only cash transactions use those settings.

  D. You did not define conversion rates in the General Ledger Cloud.

  Correct Answer: C

• Question 23:

  What are the two advantages of using a spreadsheet for correcting invoice import errors? (Choose two.)

  A. identification of errors with clear error messages at the invoice header and line levels

  B. ability to enter a high volume of invoices via a spreadsheet

  C. ability to correct errors and re-import invoices directly from a spreadsheet

  D. identification of errors with clear error messages at the invoice header level only

  E. ability to correct errors within the spreadsheet and send invoice corrections for approval

  Correct Answer: AC

• Question 24:

  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

  Correct Answer: C

  Reference: https://docs.oracle.com/en/cloud/saas/financials/18b/occar/subject-areas-foranalytics.html#OCCAR1351927

• Question 25:

  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.

  Correct Answer: D

• Question 26:

  You have three procurement business units, four requisition business units and five sold-to business units. For which will the supplier registration flows be deployed?

  A. three procurement business units

  B. one business unit per supplier

  C. five sold-to business units

  D. four requisition business units

  E. twelve business units per supplier

  Correct Answer: B

• Question 27:

  Which attributes on the payables invoice can be used during approval rule creation?

  A. company segment, cost center segment, supplier, and Attribute 1 on the invoice line

  B. company and cost center segment only

  C. supplier only

  D. cost center segment and supplier only

  Correct Answer: A

• Question 28:

  Identify three scenarios where you are not allowed to cancel an invoice. (Choose three.)

  A. Prepayments were applied to the invoice.

  B. An accounting entry has been created for the invoice.

  C. The invoice is validated.

  D. The invoice is fully or partially paid.

  E. The invoice was adjusted by a credit or a debit memo.

  Correct Answer: ADE

• Question 29:

  You want to customize the Payables Invoice Register template to only display invoices when the Supplier

  name is Company A. Supplier name is a group that repeats on every page.

  Which is the correct way to customize the template?

  A. Insert the syntax before the Supplier field on the template. Then, enter the tag after the invoices table.

  B. Insert the syntax before the Supplier field and then enter the closing tag .

  C. Insert the syntax before the Supplier field and then enter the closing tag after the invoices table.

  D. Hard code Supplier Name "Company A" in the report template and only invoices for that supplier will be displayed.

  Correct Answer: A

• Question 30:

  Which two statements about the submission of invoices by suppliers using Supplier Portal are true? (Choose two.)

  A. A supplier can make changes to the invoice after submitting it.

  B. A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations.

  C. A supplier can submit a single invoice against multiple purchase orders, provided the currency and organization for all the invoice items are the same as those on the purchase orders.

  D. A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed.

  E. A supplier can validate the invoice after submitting it.

  Correct Answer: DE