2025 1Z0-1055-23 Practice Test Online - Oracle Oracle Financials Cloud: Payables 2023 Implementation Professional - Trustable Valid 1Z0-1055-23 Dumps Demo

Do you want to pass 1Z0-1055-23 exam and get the related certification within the minimum time and effort? If you would like to give me a positive answer, you really should keep a close eye on our website since you can find the best study material in here--our 1Z0-1055-23 training materials. We have helped millions of thousands of candidates to prepare for the 1Z0-1055-23 Exam and all of them have got a fruitful outcome, I wish you could be one of the beneficiaries of our training materials in the near future. The advantages of our 1Z0-1055-23 test prep are more than you can imagine.

1Z0-1055-23 practice materials stand the test of time and harsh market, convey their sense of proficiency with passing rate up to 98 to 100 percent. Easily being got across by exam whichever level you are, our 1Z0-1055-23 practice materials have won worldwide praise and acceptance as a result. They are 100 percent guaranteed 1Z0-1055-23 practice materials. The content of 1Z0-1055-23 practice materials are based on real exam by whittling down superfluous knowledge without delinquent mistakes rather than dropping out of reality. Being subjected to harsh tests of market, they are highly the manifestation of responsibility carrying out the tenets of customer oriented

>> 1Z0-1055-23 Practice Test Online <<

1Z0-1055-23 Exam Simulation: Oracle Financials Cloud: Payables 2023 Implementation Professional & 1Z0-1055-23 Training Materials

It is known to us that having a good job has been increasingly important for everyone in the rapidly developing world; it is known to us that getting a Oracle Financials Cloud: Payables 2023 Implementation Professional certification is becoming more and more difficult for us. That is the reason that I want to introduce you our 1Z0-1055-23 prep torrent. I promise you will have no regrets about reading our introduction. I believe that after you try our products, you will love it soon, and you will never regret it when you buy it.

Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions (Q68-Q73):

NEW QUESTION # 68
You want to route invoices to three different approvers at the same time and only one approver needs to approve the invoice. Which approval ruleset should you use?

A. InvoiceApproversFYIParticipantInParallelMode
B. Invoice Approvers
C. InvoiceApproversParallelParticipantInParallelMode
D. InvoiceApproversSingleParticipantInParallelMode

Answer: C

NEW QUESTION # 69
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 calculated on the prepayment is reversed completely and the tax rateapplied to the invoice line is retained.
B. 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).
C. 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).
D. The tax for the prepayment is recalculated and the generated tax line amount will be $250 USD (5% * 10,000-5000).

Answer: D

Explanation:
When you apply a prepayment to an invoice, the tax rate at the time of prepayment may differ from the tax rate at the time that the prepayment is applied to an invoice. Oracle Fusion Tax considers the tax calculated on the prepayment according to the value assigned to the Applied Amount Handling option in the tax record. The values are Recalculated and Prorated.
For example, you apply a prepayment amount of 5,000 USD to an invoice with a total amount of10,000 USD. At the time of prepayment, the applicable tax rate was 5% (250 USD tax on the prepayment); at the time of invoice creation, the applicable tax rate is 10%. Tax is calculated in this way:
* Recalculated: The tax is recalculated on the prepayment using the invoice tax rate and the same tax rate is applied to the invoice line amount. The tax calculation creates two tax lines: one for the invoice line amount and one for the prepayment with a negative amount. In the invoice example, the calculationcreates an invoice line amount tax line of 1,000 USD (10% * 10,000 USD) and a prepayment tax line of -500 USD (10% * -5000 USD). This reverses tax calculated on the invoice for the prepayment amount applied. The tax calculated on the prepayment is retained.
* Prorated:Etc.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAFTT/F1006655AN242EE.htm

NEW QUESTION # 70
Which statement is true about selecting a bank account on the Create Payment page?

A. LE on the bank account should be different from the LE on the invoice.
B. Users can pick any bank account as long as the bank account is tried to the business unit.
C. Bank account must match the supplier's bank account.
D. LE on the bank account should be equal to LE on the invoice.
E. There is no relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system.

Answer: E

Explanation:
Note: LE = legal entity

NEW QUESTION # 71
What is the recommendation when setting up Reconciliation Rule Sets?

A. Many to Many rules should always be used first in the sequence.
B. Many to Many rules should always be used last in the sequence.
C. One to One rules should be sequenced above rules of other types.
D. One to One rules should be sequenced below rules of other types.

Answer: B

NEW QUESTION # 72
An invoice for $200 USD and a credit memo for $225 USD are due for payment and the "Apply credits up to zero amount" option is enabled for the payment process request. Which statement is correct?

A. The payment process request doesn't select the invoice or credit memo for payment because the credit reduces the payment to - $25 USD, which is below zero.
B. The payment process request pays only $200 USD alone.
C. The payment process request applies $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates a payment for $0 USD.
D. The payment process request creates a refund for $225 USD and leaves the invoice unpaid.

Answer: B

Explanation:
When you submit a "payment process request", you can enable the Apply credits up to zero amount payment option. Enablingthe option causes the payment process to apply credits when the credits reduce the payment amount below zero.
The following scenario illustrate the impact of this option.
Credit Amount Greater Than Invoice Amount
An invoice for 200 USD and a credit memofor 225 USD are due for payment.
The following table describes the payment processing that occurs based on the setting for the Apply credits up to zero amount payment option.
Assume that the "Apply Credits Up to Zero Amount" option is enabled.
Payment processing applies 200 USD of the credit memo to the invoice and creates a payment for 0 USD. The remaining credit is 25 USD.
References:https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_9F438E13CC89BA0CE040D30A68816F77

NEW QUESTION # 73
......

The second format is a web-based practice exam which offers a flexible and accessible option for students trying to assess and improve their preparation for the Oracle Certification Exams. The 1Z0-1055-23 web-based practice test can be accessed online through browsers like Firefox, Microsoft Edge, Google Chrome, and Safari. Customers need a stable internet connection in order to access web-based formats easily without facing issues.

Valid 1Z0-1055-23 Dumps Demo: https://www.itcertking.com/1Z0-1055-23_exam.html

Furthermore, this 1Z0-1055-23 practice exam is supported by both Windows and iOS, Android, Mac, and Linux, Thousands of people are interested in earning the Oracle Financials Cloud: Payables 2023 Implementation Professional (1Z0-1055-23) certification exam because it comes with multiple career benefits, It doesn't matter if it's your first time to attend 1Z0-1055-23 practice test or if you are freshman in the IT certification test, our latest 1Z0-1055-23 dumps guide will boost you confidence to face the challenge, Oracle 1Z0-1055-23 Practice Test Online We are look forward to become your learning partner in the near future.

How To Approach Web Apps, Management Site Services, Furthermore, this 1Z0-1055-23 practice exam is supported by both Windows and iOS, Android, Mac, and Linux, Thousands of people are interested in earning the Oracle Financials Cloud: Payables 2023 Implementation Professional (1Z0-1055-23) certification exam because it comes with multiple career benefits.

Free PDF Quiz Oracle - Reliable 1Z0-1055-23 - Oracle Financials Cloud: Payables 2023 Implementation Professional Practice Test Online

It doesn't matter if it's your first time to attend 1Z0-1055-23 practice test or if you are freshman in the IT certification test, our latest 1Z0-1055-23 dumps guide will boost you confidence to face the challenge.

We are look forward to become your learning partner in the near future, If you want to check your exam preparation then we have 1Z0-1055-23 online practice software as well.

Drew Jones Drew Jones

Biography

2025 1Z0-1055-23 Practice Test Online - Oracle Oracle Financials Cloud: Payables 2023 Implementation Professional - Trustable Valid 1Z0-1055-23 Dumps Demo

1Z0-1055-23 Exam Simulation: Oracle Financials Cloud: Payables 2023 Implementation Professional & 1Z0-1055-23 Training Materials

Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions (Q68-Q73):

Free PDF Quiz Oracle - Reliable 1Z0-1055-23 - Oracle Financials Cloud: Payables 2023 Implementation Professional Practice Test Online

Quick Link

Connect with us