Online Access Free 1Z0-1055-21 Exam Questions

While processing an expense report, the system placed a payment hold on the expense report. What are two ways to release payment holds? (Choose two.)

• A.Payables Manager can release payment holds in Payables.
• B.The employee's supervisor can manually release the hold.
• C.The employee can manually release the hold.
• D.The expense auditor can manually release the payment hold at his discretion.
• E.Based on the receipt status, the Expenses program can automatically release the payment hold once it detects that receipts are received or waived.

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

• A.Functional Setup Manager Superuser
• B.Application Implementation Manager
• C.Any Functional User
• D.Application Implementation Consultant
• E.IT Security Manager

You are resolving payment validation errors during the payment build process. Which two actions can you perform to resolve these errors?

• A.Correct the setup errors for remittance bank accounts, third party payees, payment methods, or payment formats and submit resume payment process.
• B.Run the invoice validation program.
• C.Remove the documents or payments causing the error and resume the payment process.
• D.Run the create accounting program.
• E.Terminate the payment process request.

Before you can configure payment approval rules, your company must define a payment approval policy.
Which three are done by the payment approval policy? (Choose three.)

• A.It defines when to initiate the payment approval process.
• B.It determines which payments must go through the payment approval process.
• C.It allows approvers to review payments and decide whether or not to approve a payment.
• D.It defines criteria for triggering the payment approval process, such as payment amount, bank account, or pay group.
• E.It defines a list of approvers who review payments and make final payment decisions.

A company has three legal entities each with a corresponding business unit all within the same country. All organizations buy and sell the same products. You are configuring the tax setup.
What is the minimum number of Tax Regimes you need to configure for this company?

• A.1
• B.6
• C.3
• D.2