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

Question 164:

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

Answer Explanation: NA

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

Question 165

Which is the Payables tool based on real-time data?

Options

A. Essbase Cube

B. Smart View

C. Oracle Transactional Business Intelligence (OTBI)

D. Oracle Business Intelligence Applications (OBIA)

E. Oracle Financial Reporting (FR)

Answer: E

Answer Explanation: NA

 

Question 166

During your business trip to the Singapore, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa that the one used by your company.
How do you handle this situation?

Options:

A. Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.

B. Call Visa to address the issue and tell them to adjust their conversion rate. Then, wait to get a revised statement.

C. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.

D. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.

 

Answer: A

Answer Explanation: NA

 

Question 167

How will system evaluate the tolerances for expense reports?

Options:

A. System will calculate error tolerance as (|Policy Rate * (1+Error Tolerance/100) |) currency precision.

B. System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100) *currency precision.

C. System will calculate error tolerance as Policy Rate * (1+Warning Tolerance+ Error Tolerance/100

D. System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)

E. System will use absolute amount tolerance setup to do validations.

 

Answer: C

Answer Explanation: NA

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