Oracle Oracle Certifications 1Z0-1055-20 Questions & Answers

• Question 71:

  Which component is not included in the security architecture for credit card data and bank account data encryption?

  A. Oracle Wallet

  B. Supplier master encryption key

  C. Sensitive data encryption and storage

  D. Payments subkeys

  E. Payments master encryption key

  Correct Answer: B

• Question 72:

  Which three are attributes that are recognized by Invoice Imaging? (Choose three.)

  A. Terms Date

  B. Payment Method

  C. Invoice Date

  D. PO Number

  E. Invoice Number

  Correct Answer: CDE

• Question 73:

  Which two statements are true related to configuration package? (Choose two.)

  A. You can export and import the custom roles from Oracle Identity Manager.

  B. You can export and import the allocation rules from the allocation manager.

  C. You can export and import the approval rules from the approval management engine.

  D. You can export and import selected business units.

  E. You can export and import selected business object services.

  Correct Answer: AE

• Question 74:

  The payment build program has completed but with errors. When submitting the payment process request, which processing option is used to review the error messages from the Manage Payment Process Request Inquiry?

  A. Set the validation failure handling for documents to "show errors."

  B. Set the validation failure handling for payments to "stop process for review."

  C. Set the validation failure handling for payments to "show errors."

  D. Enable debug for the payment format program.

  Correct Answer: B

• Question 75:

  You have a high volume of invoices to enter that have similar lines and do not require extensive validation. What must you do if you want to group multiple invoices in a batch during spreadsheet entry?

  A. Make sure the Invoice Number is the same.

  B. Make sure all the invoice dates are the same.

  C. Assign the same Invoice Header Identifier to multiple invoices you want to group.

  D. Enable the invoice option Require Invoice Grouping, and the system automatically groups invoices entered in the same spreadsheet.

  E. Enter a value in the Invoice Group field to group similar invoices into a batch.

  Correct Answer: D

  What's an invoice group? A collection of invoices that is used as a parameter for the Validate Payables Invoice process, a selection criteria for submitting a payment process request, and a parameter in some reports. If you enable the invoice option Require invoice grouping, you must associate each invoice with an invoice group. References:https://docs.oracle.com/cloud/farel9/financialscs_gs/FAPPP/F1011878AN100C4.htm

• Question 76:

  When submitting the Payables to General Ledger Reconciliation report, the extract did not select any dat

  A. What should you check?

  B. Make sure you assign an Account parameter when running the extract to include liability accounts.

  C. Make sure you specified a Business Unit in the parameters when running the extract.

  D. Make sure you enabled the Reconciliation flag to all of your liability natural account values.

  E. Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.

  Correct Answer: D

  You must assign a Financial Category of Accounts payable to all your liability natural account values. This is a required setup step for Payables to General Ledger reconciliation. References:https://docs.oracle.com/ cloud/farel8/financialscs_gs/FAPPP/F1011880AN1B948.htmc

• Question 77:

  You have two business units: Vision Operations and Vision Services. How can you enable expense auditors to audit expense reports for specific business units?

  A. Assign the Expense Auditor as the owner of each business unit on the Manage Business Unit Set Assignments page.

  B. Assign the Expense Auditor job role to each auditor and associate the business unit to the role by using the Manage Data Access for Users page.

  C. Assign the Expense Auditor job role to each auditor and use segment value security rules to secure access to the business units.

  D. Assign the Expense Auditor job role to each auditor and use a data access set to associate the business unit to the role.

  Correct Answer: B

• Question 78:

  Which dashboard or workarea displays the Scanned Invoices region for invoices processed through the Payables Integrated Imaging solution?

  A. Manage Invoices page

  B. C-level executives

  C. Invoices Workarea only

  D. Payables Dashboard only

  E. Payables Dashboard and Invoices Workarea

  Correct Answer: C

  Accounts payable specialists can view the list of scanned images for invoice entry, along with the additional routing attributes, in the Scanned Invoices region of the Invoices work area. References:http:// docs.oracle.com/cd/E36909_01/fusionapps.1111/e20375/F569958AN60E65.htm

• Question 79:

  What two job roles are required to access information within Functional Setup Manager? (Choose two.)

  A. Application Implementation Manager

  B. Any Functional User

  C. Application Implementation Consultant

  D. Functional Setup Manager Superuser

  E. IT Security Manager

  Correct Answer: AC

  Provision the implementation user with the Application Implementation Manager job role or the Application Implementation Consultant job role by usingthe Security Console Users tab. References:https:// docs.oracle.com/cloud/latest/financialscs_gs/FACSF/FACSF1004385.htm

• Question 80:

  Which two statements are true about the Invoice Validation process? (Choose two.)

  A. opens the relevant accounting period

  B. validates project information

  C. updates supplier balances

  D. creates tax lines and distributions

  E. creates accounting entries in draft

  Correct Answer: BD

  Invoice validations Etc. References: https://docs.oracle.com/cloud/farel9/financialscs_gs/FAPPP/F1011878AN100C4.htm