Oracle Fusion Financial Payables Certification:1Z0-1055-20

Question 151

Your customer has implemented English as base language and French as a local language. The customer's bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?

Options:

A. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with country locale.

B. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale.

C. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.

D. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.

 

Answer: D

Answer Explanation: NA

 

Oracle Fusion Financial Payables Certification:1Z0-1055-20

Question 152

Which two statements are true when you are using the Intercompany Reconciliation Reports?

Options:

A. You must run the prepare Intercompany Reconciliation Reporting Information process.

B. The reconciliation period summary report will not show the intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction.

C. The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.

D. The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.

E. You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.

 

Answer: A & C

Answer Explanation: NA

 

Question 153

You have successfully processed the expense reports for reimbursement and have transferred the information to Payables. What is the next step before you can pay them?

Options:

A. Transfer the data to General Ledger.

B. Validate the invoice in Payables.

C. Create a payment process request in Payments.

D. Create Accounting for the invoice in Payables.

 

Answer: B & C

Answer Explanation: NA

 

Question 154

You have just imported invoices from a spreadsheet. What is the validation status of the imported invoices?

Options:

A. Needs Revalidation

B. Not Validated

C. Not Required

D. Imported

E. Validated

Answer: B

Answer Explanation: NA