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

Question 159

In what order should the import process be run when importing suppliers?

Options:

A. Supplier, Supplier Site Contacts, Supplier Site, Supplier Site Assignment

B. Supplier, Supplier Site, Supplier Site Contacts, Supplier Site Assignments

C. Supplier, Supplier Site Assignment, Supplier Site, Supplier Contacts

D. any order

 

Answer: B

Answer Explanation: NA

 

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

Question 160

Identify two ways the invoice imaging solution works in the Cloud?

Options:

A. Customers cannot use invoice imaging in the Cloud.

B. Customers scan and store the invoice images on-premise and attach them during invoice entry.

C. Customers ask their suppliers to scan and email the invoice.

D. Customers ask suppliers to send electronic invoices.

E. Customers scan the invoice on-premise and email the images.

Answer: C & E

 

Question 161

What is the result of voiding a payment?

Options:

A. A stop payment request has been initiated to the bank.

B. A bills payable payment was created but is not yet matured.

C. The payment is reconciled to the bank statement.

D. The payment is no longer valid.

 

Answer: D

Answer Explanation: NA

 

Question 162

After you submitted a Payment Process Request, you noticed errors. You want to void the payments. Identify two statements that indicate when it is not possible to void a payment.

Options:

A. A payment that pays a prepayment that has been applied to an invoice.

B. A payment that has already cleared the bank.

C. A payment that has been accounted and posted to General Ledger.

D. A payment with the status of Issued.

E. A payment for an invoice with an associated Withholding Tax invoice.

 

Answer: B & A

Answer Explanation: NA