Free Oracle 1Z0-1055-22 Exam Actual Questions

The questions for 1Z0-1055-22 were last updated On Nov 22, 2024

Question No. 1

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

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Correct Answer: B

In Oracle Fusion applications, there are two types of subject areas:

Subject areas whose names usually end with Real Time and access real-time (transactional) data.

Subject areas whose names usually do notend with Real Time and access data warehouse data.

References: https://docs.oracle.com/cloud/farel8/common/OATBI/postinstallation.htm


Question No. 2

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

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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 No. 3

Which three reports are generated by the export setup data process? (Choose three.)

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Correct Answer: B, C, E

Question No. 4

Which two are classified as Self-Billed invoices? (Choose two.)

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Correct Answer: B, F

Select ERS and Use in the Transaction source parameter when running the Pay on Receipt Auto-invoice concurrent program.

You enable paying your supplier by selecting a method on the Purchasing tab of the Supplier Sites window in Oracle Payables.


Question No. 5

You have 10 ledgers and 30 business units and want to leverage Preference Data Sets. What is the function of Reference Data Sets?

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Correct Answer: D

Reference Data Sets

You begin this part of your implementation by creating and assigning reference data to sets. Make changes carefully as changes to a particular set affect all business units or application components using that set. You can assign a separate set to each business unit for the typeofobject that is being shared. For example, assign separate sets for payment terms, transaction types, and sales methods to your business units.

Your enterprise can determine that certain aspects of your corporate policy can affect all business units. The remaining aspects are at the discretion of the business unit manager to implement. This allows your enterprise to balance autonomy and control for each business unit. For example, your enterprise holds business unit managers accountable for their profitand loss, but manages working capital requirements at a corporate level. In such a case, you can let managers define their own sales methods, but define payment terms centrally. In this example:

Each business unit has its own reference data set for salesmethods.

One central reference data set for payment terms is assigned to all business units.

References:https://docs.oracle.com/cloud/latest/financialscs_gs/FAIGL/FAIGL1493157.htm#FAIGL94314