Start Exam Preparation with Real and Valid Oracle 1Z0-1055-24 Exam Questions

We provide three versions of 1Z0-1055-24 study materials to the client and they include PDF version, PC version and APP online version. Different version boosts own advantages and using methods. The content of 1Z0-1055-24 exam torrent is the same but different version is suitable for different client. For example, the PC version of 1Z0-1055-24 Study Materials supports the computer with Windows system and its advantages includes that it simulates real operation 1Z0-1055-24 exam environment and it can simulates the exam and you can attend time-limited exam on it. Most candidates liked and passed with this version.

The 1Z0-1055-24 exam questions are designed and verified by experienced and qualified Oracle 1Z0-1055-24 exam trainers. So you rest assured that with 1Z0-1055-24 exam dumps you can streamline your 1Z0-1055-24 exam preparation process and get confidence to pass 1Z0-1055-24 exam in first attempt. The countless candidates have already passed their 1Z0-1055-24 Certification Exam and they all used the real, valid, and updated ITdumpsfree 1Z0-1055-24 exam questions. So, why not, take a decision right now and ace your 1Z0-1055-24 exam preparation with top-notch 1Z0-1055-24 exam questions?

>> Latest 1Z0-1055-24 Exam Labs <<

Latest Study 1Z0-1055-24 Questions - 1Z0-1055-24 Valid Practice Materials

In order to cater to different consumption needs for different customers, we have three versions for 1Z0-1055-24 exam brindumps, hence you can choose the version according to your own needs. 1Z0-1055-24 PDF version is printable, if you choose it you can take the paper one with you, and you can practice it anytime. 1Z0-1055-24 soft test engine can stimulate the test environment, and you will be familiar with the test environment by using it. 1Z0-1055-24 online test engine support all web browsers, and you can use this version in your phone.

Oracle 1Z0-1055-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Processing Expenses: This section evaluates the capabilities of Auditors in managing expense-related tasks156. It covers entering expense reports, managing expense approvals, processing expense reimbursements, managing corporate cards, auditing expense reports, and setting up expenses within the system. These skills ensure compliance with expense policies and accurate reimbursement processes.
Topic 2	Managing Payables Invoices: This section measures the skills of Accounts Payable Administrators and explains invoice imaging and recognition solutions, creating and accounting for invoices, and managing suppliers within Oracle Financials Cloud156. These skills are fundamental for efficiently handling invoice processing and supplier relationships.
Topic 3	Using Reporting and Managing Period Close: This section measures the understanding of Financial Analysts in utilizing reporting tools and managing period-end activities1. It includes explaining Oracle Transactional Business Intelligence (OTBI), using Business Intelligence Publisher (BIP) Reports, using the Payables to Ledger Reconciliation Report, and explaining the close process1. These skills are essential for monitoring financial performance and ensuring accurate period-end closing.
Topic 4	Processing Payments: This section assesses the skills of Process Owners and focuses on creating and processing payments, along with explaining bank reconciliations within Oracle Financials Cloud156. Proficiency in these areas ensures accurate and timely payment processing, along with reconciliation for financial accuracy.

Oracle Financials Cloud: Payables 2024 Implementation Professional Sample Questions (Q39-Q44):

NEW QUESTION # 39
As an Expenses Administrator, you can control which expense values you do not want to automatically populate on the Create Expense Item page. You have therefore created the profile option EXM_DFLT_FROM_PREV_EXPENSE at the user level and set it to N (No).
Which three values will no longer populate from a previous expense item when a user enters a new expense item?

A. Project and Task Number
B. Currency
C. Expense Location
D. Template

Answer: A,C,D

Explanation:
Comprehensive and Detailed In-Depth Explanation:
In Oracle Expenses, the profile option EXM_DFLT_FROM_PREV_EXPENSE determines whether certain fields on the Create Expense Item page are automatically populated with values from the previously entered expense item.
By default, when this profile option is set to 'Y' (Yes), the application carries over several fields from the last entered expense item to streamline data entry. These fields include:
Date
Template
Expense Location
Currency (both ledger and reimbursement currency)
Company and Department
Project Number and Task Number
However, when the profile option is set to 'N' (No) at the user level, the system stops carrying over certain fields from the previous expense item.
Fields That Will No Longer Auto-Populate:
Expense Location - Users must manually enter the expense location for each new entry.
Template - Expense templates (if used) will not be pre-filled from the previous expense item.
Project and Task Number - Users must reselect the project and task number for each new expense entry.
Fields That Will Still Populate With Defaults:
Currency - Defaults to the ledger currency as configured in Human Capital Management (HCM).
Company and Department - These values will be retrieved from the user's default expense account setup in HCM.
Thus, the correct answer is: A, B, D because the Expense Location, Template, and Project & Task Number will no longer populate from a previous expense item when a user enters a new one.
Reference:
Oracle Financials Cloud: Implementing Expenses

NEW QUESTION # 40
You have enabled Payment Approval for your Payment Process Requests (PPR). At what stage of the PPR is the payment approval process automatically triggered?

A. Review Proposed Payments
B. Build Payments
C. Review Installments
D. Create Payment Files

Answer: A

Explanation:
Comprehensive and Detailed In-Depth Explanation:
In Oracle Financials Cloud, the Payment Process Request (PPR) undergoes several stages, each with specific functions and potential user interventions. When Payment Approval is enabled, the system incorporates an approval workflow to ensure that payments are reviewed and authorized before disbursement.
Stages of Payment Process Request:
Installment Selection:
Description: The system selects invoice installments based on predefined criteria such as due dates, payment methods, and supplier information.
User Action: Optional review if the "Review Installments" option is selected.
Document Validation:
Description: Validates the selected installments for completeness and correctness, ensuring all necessary information is present.
User Action: Required if there are validation errors or missing information.
Build Payments:
Description: Groups validated installments into payments based on attributes like payment date, disbursement bank account, and payment method.
User Action: None, this is an automated process.
Review Proposed Payments:
Description: Allows users to review and, if necessary, modify the proposed payments before finalizing them.
User Action: Required if the "Review Proposed Payments" option is selected.
Payment Approval:
Description: If enabled, this stage involves routing the proposed payments to designated approvers for authorization before disbursement.
User Action: Approvers must review and approve or reject the payments.
Create Payment Files:
Description: Generates the necessary payment files for disbursement, such as electronic funds transfer (EFT) files or check print files.
User Action: None, unless issues arise during file creation.
Trigger Point for Payment Approval:
The Payment Approval process is automatically triggered at the Review Proposed Payments stage. At this point, the system pauses to allow approvers to review the proposed payments and make decisions regarding their authorization. This control mechanism ensures that all payments are vetted before funds are disbursed, aligning with organizational policies and financial controls.
According to Oracle's documentation:
"If enabled, the payment process stops at the Review Proposed Payments stage. Approvers can then optionally remove payments directly from a payment process request and approve it." docs.oracle.com Analysis of Options:
A . Review Proposed Payments: Correct. This is the stage where the payment approval process is triggered, allowing approvers to review and authorize payments.
B . Create Payment Files: Incorrect. This stage occurs after payment approval and involves generating the actual payment files for disbursement.
C . Review Installments: Incorrect. This is an earlier stage where selected installments are reviewed before payments are built, but it does not involve the payment approval workflow.
D . Build Payments: Incorrect. This stage involves grouping validated installments into payments and occurs before the Review Proposed Payments stage.
Conclusion:
Enabling Payment Approval in Oracle Financials Cloud introduces a critical control point at the Review Proposed Payments stage of the Payment Process Request. This setup ensures that all proposed payments undergo managerial review and authorization before the creation of payment files and the actual disbursement of funds. Implementing this approval process helps maintain robust financial oversight and compliance within the organization's payment workflows.
Reference:
Oracle Financials Cloud Documentation - How You Set Up Payment Approval
https://docs.oracle.com/en/cloud/saas/financials/24d/faipp/how-you-set-up-payment-approval.html Oracle Financials Cloud Documentation - How You Set Up Payment Approval
https://docs.oracle.com/en/cloud/saas/financials/24d/faipp/how-you-set-up-payment-approval.html

NEW QUESTION # 41
Your company wants to maximize early payment discount opportunities and will be using the "Campaign Management for Ealy Payment Discount Offers" feature, which allows them to on board suppliers into an early payment discounts program via email- based campaigns. Suppliers can respond directly from email and their responses are automatically processed and applied in payment process requests.
Which three response options are available to suppliers when replying to a campaign

A. Reject the Offer
B. Unsubscribe
C. Subscribe
D. Accept All Offers
E. Enroll in a standing offer.
F. Decline the Offer

Answer: B,E,F

NEW QUESTION # 42
Which two invoice types can have a status of Incomplete?

A. Scanned Invoices which are rejected during import
B. Prepayment Invoices which are fully paid but not applied against any invoice
C. Supplier Portal Invoices which are saved but not yet submitted
D. Scanned Invoices with invalid or missing data

Answer: C,D

Explanation:
Comprehensive and Detailed In-Depth Explanation:
In Oracle Financials Cloud, the "Incomplete" status is assigned to invoices that require additional information or actions before they can be fully processed. This status ensures that incomplete or erroneous invoices are identified and addressed promptly.
A . Supplier Portal Invoices which are saved but not yet submitted
When suppliers create invoices through the Supplier Portal, they have the option to save their progress without submitting the invoice for approval or payment. These saved invoices are assigned an "Incomplete" status, indicating that the supplier has not yet finalized and submitted them. This allows suppliers to review and modify invoice details before formal submission.
support.oracle.com
B . Scanned Invoices with invalid or missing data
Invoices processed through Integrated Imaging or Intelligent Document Recognition (IDR) are scanned and imported into the system. If these scanned invoices contain invalid or missing data-such as incorrect invoice numbers, missing line items, or unreadable fields-they are assigned an "Incomplete" status. This designation prompts accounts payable personnel to review and correct the discrepancies before the invoices can proceed through the payment process.
docs.oracle.com
C . Scanned Invoices which are rejected during import
Invoices that are rejected during the import process due to significant errors or mismatches are typically not assigned an "Incomplete" status. Instead, they are marked as "Rejected" or "Error," indicating that they require substantial correction before reprocessing. Therefore, this option is not associated with the "Incomplete" status.
D . Prepayment Invoices which are fully paid but not applied against any invoice Prepayment invoices represent advance payments made to suppliers and are recorded as such. Once a prepayment is made, the invoice reflects a "Paid" status. The application of this prepayment to subsequent invoices is a separate process and does not revert the original prepayment invoice to an "Incomplete" status. Thus, this option does not correspond to the "Incomplete" status.
Understanding the scenarios that lead to an "Incomplete" status helps organizations efficiently manage and rectify invoice issues, ensuring a smooth accounts payable workflow.

NEW QUESTION # 43
Adaptive Intelligence (AI), integrated with Oracle Payables Cloud, supports sophisticated data science that drives early payment discount offers.
Which of these is NOT a feature of early payment discounts?

A. Variable annual percentage rate (APR), based on "days paid early," is used to determine the discount amount.
B. The earlier the payment, the greater the discount.
C. Eligible discounts decrease on a sliding scale based on the supplier's discretion.

Answer: C

Explanation:
Comprehensive and Detailed In-Depth Explanation:
Oracle Payables Cloud, enhanced with Adaptive Intelligence (AI), offers a feature known as Early Payment Discounts. This functionality enables organizations to optimize their cash flow by taking advantage of discounts offered for early invoice payments.
Key Features of Early Payment Discounts:
Variable Annual Percentage Rate (APR) Based on "Days Paid Early" (Option B):
Therefore, Option A is not a feature of the early payment discounts as implemented in Oracle Payables Cloud with Adaptive Intelligence.
Reference:
The Earlier the Payment, the Greater the Discount (Option C):
Clarification of Option A:
Eligible Discounts Decrease on a Sliding Scale Based on the Supplier's Discretion:
Early Payment Discounts
Early Payment Discount Offers
Once enrolled, a supplier discount is set and applies to all payments indefinitely, until supplier unsubscribes.

NEW QUESTION # 44
......

The clients at home and abroad can both purchase our 1Z0-1055-24 study tool online. Our brand enjoys world-wide fame and influences so many clients at home and abroad choose to buy our Oracle Financials Cloud: Payables 2024 Implementation Professional guide dump. Our company provides convenient service to the clients all around the world so that the clients all around the world can use our 1Z0-1055-24 study materials efficiently. Our company boosts an entire sale system which provides the links to the clients all around the world so that the clients can receive our products timely. Once the clients order our 1Z0-1055-24 cram training materials we will send the products quickly by mails. The clients abroad only need to fill in correct mails and then they get our products conveniently. Our 1Z0-1055-24 cram training materials provide the version with the language domestically and the version with the foreign countries’ language so that the clients at home and abroad can use our 1Z0-1055-24 study tool conveniently.

Latest Study 1Z0-1055-24 Questions: https://www.itdumpsfree.com/1Z0-1055-24-exam-passed.html

Alan Cook Alan Cook

Biyografi

Start Exam Preparation with Real and Valid Oracle 1Z0-1055-24 Exam Questions

Latest Study 1Z0-1055-24 Questions - 1Z0-1055-24 Valid Practice Materials

Oracle 1Z0-1055-24 Exam Syllabus Topics:

Oracle Financials Cloud: Payables 2024 Implementation Professional Sample Questions (Q39-Q44):

Hızlı Linkler

Kaynaklar

Destek

Alan Cook Alan Cook

Biyografi

Start Exam Preparation with Real and Valid Oracle 1Z0-1055-24 Exam Questions​

Latest Study 1Z0-1055-24 Questions - 1Z0-1055-24 Valid Practice Materials

Oracle 1Z0-1055-24 Exam Syllabus Topics:

Oracle Financials Cloud: Payables 2024 Implementation Professional Sample Questions (Q39-Q44):

Hızlı Linkler

Kaynaklar

Destek

Start Exam Preparation with Real and Valid Oracle 1Z0-1055-24 Exam Questions