Oracle Oracle Certifications 1Z0-1005 Questions & Answers

• Question 81:

  Your customer has implemented English as base language and French as a local language. The customer's bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?

  A. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with country locale.

  B. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale.

  C. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.

  D. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.

  Correct Answer: D

• Question 82:

  You want to route invoices to three different approvers at the same time and only one approver needs to approve the invoice. Which approval ruleset should you use?

  A. InvoiceApproversFYIParticipantInParallelMode

  B. InvoiceApproversSingleParticipantInParallelMode

  C. InvoiceApproversParallelParticipantInParallelMode

  D. Invoice Approvers

  Correct Answer: B

• Question 83:

  If you accidentally paid an invoice using Create Payment flow, can you undo the operation?

  A. yes, by canceling the payment process from the process monitor

  B. Cancel the invoice and create a new one.

  C. yes, by voiding the payment created

  D. yes, by creating a credit memo to offset the payment

  E. no

  Correct Answer: C

• Question 84:

  An installment meets all the selection criteria of a Payment Process Request, but it still does not get selected for payment processing.

  What are the two possible reasons for this? (Choose two.)

  A. The pay-through date is in a closed Payables period.

  B. The invoice has not been accounted.

  C. The invoice requires approval.

  D. The pay-through date is in a future period.

  E. The invoice needs re-validation.

  Correct Answer: CE

• Question 85:

  When reviewing installments, what setup is required to override the supplier site on an invoice?

  A. Allow the remit-to supplier override for third-party payments at Manage Invoice options.

  B. Allow the remit-to supplier address override for third-party payments at Manage Invoice options.

  C. Allow payee to override for third-party payments while Manage Invoice options.

  D. Allow the remit-to supplier override for third-party payments at Manage Payment options.

  Correct Answer: B

• Question 86:

  You have invoices with distributions across primary balancing segments that represent different

  companies.

  What feature should you use if you want the system to automatically balance your invoice's liability amount

  across the same balancing segments on the invoice distributions?

  A. Payable's Automatic Offset

  B. Intercompany Balancing

  C. Subledger Accounting's Account Rules

  D. Suspense Accounts

  E. Payables' Allow Reconciliation Accounting

  Correct Answer: A

• Question 87:

  When creating a check payment, from where is the payment document defaulted?

  A. Legal Entity

  B. Bank

  C. Business Unit

  D. Bank Account

  E. Supplier

  Correct Answer: D

• Question 88:

  A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to make the cross currency rate type the default?

  A. Manage Invoice Options and Manage common options for Payables and Procurement

  B. Manage Payable Options and Manage Invoice Options

  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

  Correct Answer: E

• Question 89:

  Which method can you use to route payment approval rules?

  A. Approval Groups

  B. Sequential

  C. Both Parallel and Sequential

  D. Parallel

  E. Serial and FYI (For Your Information)

  Correct Answer: A

• Question 90:

  You need to enter a last-minute invoice during the close process. What is the quickest way to enter and post the invoice to general ledger?

  A. Enter the invoice via a spreadsheet. Then, from the Manage Invoices page, query the invoice, validate it, create accounting, and then open general ledger's Manage Journals page and post the associated invoice journal entry.

  B. Enter the invoice in the Create Invoice page, choose the Validate option, and then the Account and Post to Ledger option.

  C. Enter and post a manual journal entry directly into the general ledger.

  D. Enter the invoice via a spreadsheet and then validate, account, and post the invoice from the spreadsheet.

  Correct Answer: A