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Oracle 1Z0-1055-23 Exam Syllabus Topics:

Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

1. What is the difference between subject areas that append the word "Real Time" and those that do not?

A) There is no difference.
B) The "Real Time" subject areas are based on real-time transactions in the applications, and those that are not, are based on data stored in the Oracle Business Intelligence Applications data warehouse.
C) The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances.
D) The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data.

2. You are evaluating the predefined expense report approval rules within your test environment to see if they meet current business requirements.
Which three rule sets are part of the predefined setup? (Choose three.)

A) Approval by Project Manages in parallel or serial mode
B) Approval by supervisor based on report amount
C) Approval by supervisor based on expenses type amount
D) Approval by Cost Centre owners in parallel or serial mode
E) Approval by a Group based on report amount in parallel or serial mode

3. Which three types of payments can you make if you have access to Disbursement Process Management Duty? (Choose three.)

A) Supplier payments
B) Reimbursement of employee expense reports
C) Ad hoc payments
D) Employee advances
E) Customer refunds

4. Which reporting tool is used to report on real-time data?

A) Oracle Financial Reporting Studio
B) Essbase Cube
C) Smart View
D) Oracle Transactional Business Intelligence (OTBI)
E) Oracle Business Intelligence Publisher

5. Your client is concerned that all expense reports are getting automatically approved by the expenses system despite the setup of an Audit Selection Rule.
What is the reason for this?

A) Auditing has not been enabled in the system options page
B) The audit selection rule has not been assigned to the legal entity
C) The audit selection rule has not been assigned to the business unit
D) An expenses template and type rule has not been setup
E) The audit selection rule has not been assigned in the system options page

Solutions: