Online Access Free 1Z0-1005 Exam Questions

You need to create a payment for a supplier before the next payment run. The invoice you wish to pay is not available for selection in the Create Payment page.
Which two are possible reasons for this? (Choose two.)

• A.The invoice is not validated.
• B.The invoice is not yet due.
• C.The payment supplier site is different to the supplier site on the invoice.
• D.The invoice is not accounted.
• E.The payment method for the invoice is Electronic.

Which method can you use to route payment approval rules?

• A.Both Parallel and Sequential
• B.Parallel
• C.Approval Groups
• D.Sequential
• E.Serial and FYI (For Your Information)

Your company policy requires that receipts be attached to expense report items before reimbursement can be made.
Which two statements are true about the association of a receipt to an expense report? (Choose two.)

• A.Expenses do not create payment requests for expense reports that have missing or overdue receipts.
• B.An expense report may require original, imaged, or both types of receipts.
• C.Users can maintain scanned receipts in a central repository and provide a reference number in the expense report.
• D.Receipts are not required if the expense item falls within Per Diem Rates.

You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements. (Choose two.)

• A.For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.
• B.For period end accruals, accounting is created at material receipt or at delivery to a final destination.
• C.For period end accruals, the invoice accounting debits the expense account and credits the liability account.
• D.For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.

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 Payable Options and Manage Invoice Options
• B.Manage Invoice Options and Manage common options for Payables and Procurement
• C.Manage common options for Payables and Procurement and Manage Procurement agents
• D.Manage Payment Options and Manage common options for Payables and Procurement
• E.Manage Invoice Options and Manage Procurement agents