Online Access Free 1z0-1055-22 Exam Questions

XYZ Supplier has third party relationships defined with ABC Supplier and ACME Corporation. However, when reviewing the invoice installments for XYZ Supplier the payables specialist is unable to override the remit-to supplier name and address on the Invoice installments.
What is the reason for this?

• A.The option 'Allow remit-to supplier override for third-party payments' is not checked in the Common Options for Payables and Procurement page for the business unit.
• B.The option 'Allow remit-to supplier override for third-party payments' is not checked in the Invoice Options page for the business unit.
• C.The option 'Allow remit-to supplier override for third-party payments' is not checked in the Disbursement System Options page for the business unit.
• D.The option 'Allow remit-to supplier override for third-party payments' is not checked in the Payment Options page for the business unit.

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

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

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

• A.Process Results Report
• B.Process Results Detail Listing Report
• C.Setup Data Report
• D.Process Results Summary Report
• E.Exported Business Object Report

Which two invoice types can have a status of Incomplete? (Choose two.)

• A.Supplier Portal Invoices which are saved but not yet submitted
• B.Supplier Portal Invoices which are rejected and resubmitted for approval
• C.Prepayment Invoices which are fully paid but not applied against any invoice
• D.Scanned Invoices which are rejected during import
• E.Scanned Invoices with incomplete or missing information

You applied a prepayment amount of $5,000 USD to a $10,000 USD invoice. At the time of prepayment, the applicable tax rate was 5% ($250 USD); at the time of invoice creation, the tax rate is 10%. When you set up taxes, you choose to Recalculate Taxes for the Applied Amount Handling option.
How will the resulting tax be calculated?

• A.The tax calculation creates two tax lines: one for the invoice line amount and one for the prepayment with a negative amount. The two generated tax lines show $1,000 USD (10% * 10,000) for the invoice line tax amount and a prepayment tax line of -250 USD (5% * -5000).
• B.The tax for the prepayment is recalculated and the generated tax line amount will be $250 USD (5% * 10,000-5000).
• C.The tax calculated on the prepayment is reversed completely and the tax rateapplied to the invoice line is retained.
• D.The tax for the prepayment is recalculated to use the new invoice tax rate that is also used for the invoice line amount. The two generated tax lines show $1,000 USD (10% * 10,000) for the invoice line tax amount and a prepayment tax line of -500 USD (10% * -5000).