Free PDF 2025 Reliable Oracle 1Z0-1055-24 Reasonable Exam Price
Oracle is one of the international top companies in the world providing wide products line which is applicable for most families and companies, and even closely related to people's daily life. Passing exam with 1Z0-1055-24 valid exam lab questions will be a key to success; will be new boost and will be important for candidates' career path. Oracle offers all kinds of certifications, 1Z0-1055-24 valid exam lab questions will be a good choice.
Do you want to gain all these Oracle Financials Cloud: Payables 2024 Implementation Professional (1Z0-1055-24) certification exam benefits? Looking for the quick and complete 1Z0-1055-24 exam dumps preparation way that enables you to pass the 1Z0-1055-24 certification exam with good scores? If your answer is yes then you are at the right place and you do not need to go anywhere. Just download the FreePdfDump 1Z0-1055-24 Questions and start 1Z0-1055-24 exam preparation without wasting further time.
>> 1Z0-1055-24 Reasonable Exam Price <<
Web-Based Practice Tests: The Key to Oracle 1Z0-1055-24 Exam Success
There are so many features to show that our 1Z0-1055-24 study guide surpasses others. You can have a free try for downloading our 1Z0-1055-24 exam demo before you buy our products. What’s more, you can acquire the latest version of 1Z0-1055-24 training materials checked and revised by our exam professionals after your purchase constantly for a year. Besides, the pass rate of our 1Z0-1055-24 Exam Questions are unparalled high as 98% to 100%, you will get success easily with our help.
Oracle Financials Cloud: Payables 2024 Implementation Professional Sample Questions (Q48-Q53):
NEW QUESTION # 48
You are a global process owner at a large company that handles a heavy amount of expenses due to travel and entertainment reimbursements. Employees want to have a streamlined expense reimbursement process because they spend a lot of time submitting their expense reports. You are very excited to introduce them to Oracle's functionality allowing them to create expenses directly from emails that a user forwards with receipt attachments.
Which two options can you set the Expense Attachment Preference to, when configuring this functionality in the application?
Answer: B,E
NEW QUESTION # 49
Which reference data sharing method can you use for Payables Payment Terms when working with reference data sets in Payables?
Answer: A
Explanation:
Comprehensive and Detailed In-Depth Explanation:
In Oracle Fusion Applications, reference data sharing (also known as SetID) enables organizations to share common configuration data across various organizational units, such as business units, without unnecessary duplication. This approach streamlines maintenance and ensures consistency of reference data across the enterprise.
Payment Terms in Oracle Payables define the conditions under which a company pays its suppliers. These terms can vary between business units based on factors like regional practices or supplier agreements. To accommodate this variability, Oracle Payables employs a specific reference data sharing method for Payment Terms.
Reference Data Sharing Methods:
Assignment to One Set Only; No Common Values Allowed:
Each reference data object instance is assigned to a single set exclusively.
No sharing of values across multiple sets.
Example: Asset Prorate Conventions are defined and assigned to only one reference data set.
Assignment to One Set Only, with Common Values:
Reference data objects can be assigned to one set, but there's a common set whose values are accessible to all business units.
Example: Receivables Transaction Types are assigned to a common set that's available to all business units.
Assignment to Multiple Sets; No Common Values Allowed:
A reference data object instance can be assigned to multiple sets.
There's no common set; each set operates independently.
Example: Payables Payment Terms use this method, allowing each payment term to be assigned to one or more sets.
For Payables Payment Terms, the applicable method is "Assignment to multiple sets; no common values allowed." This means that each payment term can be associated with one or more reference data sets, but there's no overarching common set that includes all payment terms. This flexibility allows organizations to define payment terms specific to certain business units while also sharing others across multiple units as needed.
Practical Application:
Shared Payment Terms: If multiple business units operate under similar payment conditions, a single payment term (e.g., "Net 30") can be assigned to multiple reference data sets corresponding to those units.
Specific Payment Terms: For unique business units with distinct payment agreements, specific payment terms (e.g., "Net 15") can be created and assigned exclusively to the relevant reference data set.
This approach ensures that each business unit has access to the payment terms relevant to its operations without unnecessary proliferation of identical terms across the system.
Reference:
Reference Data Sets and Sharing Methods
Payment Terms
NEW QUESTION # 50
You participated as a functional consultant in the implementation of Oracle Procurement as well as Payables for customer ABC Consulting. A Payables Analyst has logged a ticket stating that the "Create Supplier" task is not showing up in the Supplier work area. You checked the related settings and found that the Payables Analyst user account has been defined as a Procurement Agent.
Why was the Payables Analyst NOT able to see the "Create Supplier" task in the Supplier work area?
Answer: B
Explanation:
Comprehensive and Detailed In-Depth Explanation:
In Oracle Fusion Applications, access to specific tasks and functionalities is governed by the roles assigned to a user. The "Create Supplier" task within the Supplier work area is a critical function that allows authorized users to add new suppliers to the system. To access this task, a user must possess the appropriate roles that grant the necessary permissions.
A: The analyst was not given the Procurement Administrator role.
The Procurement Administrator role encompasses a broad range of procurement-related activities, including configuration and oversight functions. However, the ability to create suppliers is not inherently included within this role's permissions. Therefore, assigning the Procurement Administrator role alone would not grant access to the "Create Supplier" task.
B: The analyst was not given the Supplier Manager role.
The Supplier Manager role is specifically designed to manage supplier-related activities, including the creation and maintenance of supplier records. Assigning this role to a user provides them with the necessary permissions to access the "Create Supplier" task within the Supplier work area. In the scenario described, the absence of the Supplier Manager role is the reason the Payables Analyst cannot see the "Create Supplier" task.
This is corroborated by Oracle's documentation, which states that users require the Supplier Manager role to create suppliers.
support.oracle.com
C: The analyst was not given the Supplier Administrator role.
While the Supplier Administrator role grants access to certain supplier-related functions, it does not include the permissions necessary to create new suppliers. Users with only the Supplier Administrator role may have visibility into supplier information but lack the capability to add new supplier records. Therefore, the absence of this role is not the cause of the issue.
D: The analyst was not given the Procurement Requester role.
The Procurement Requester role is intended for users who initiate purchase requisitions and related procurement activities. This role does not encompass supplier creation capabilities. Assigning the Procurement Requester role would not grant access to the "Create Supplier" task, and its absence is not related to the issue at hand.
In summary, to enable the Payables Analyst to access the "Create Supplier" task, the Supplier Manager role must be assigned to their user account. This role provides the necessary permissions to create and manage supplier records within the Oracle Fusion Applications.
NEW QUESTION # 51
As an Oracle Payables Subject Matter Expert, you are familiarizing yourself with Intelligent Document Recognition (IDR). After detailed review, you consider Adaptive Learning one of the most beneficial features of IDR. Adaptive learning increases the accuracy of invoice scanning and improves touchless processing.
When users make corrections in the interactive viewer, each invoice edit trains the algorithms and improves future recognition.
Which is NOT a key consideration for Adaptive Learning?
Answer: C
NEW QUESTION # 52
MANAGE EXPENSE REPORT TEMPLATE
Task 2:
Create Expense Items, where:
a. The effective start date is the current date.
b. There is no tax implication.
c. Projects are not used.
d. Receipt and expense fields are the same as the expense report template.
e. The dinner expense item is associated with the Meal policy created in the previous challenge.
Answer:
Explanation:
See the Explanation for Step-by-Step Solution.
Explanation:
TASK 2: CREATE EXPENSE ITEMS
We need to create expense items with the following requirements:
# Effective Start Date: Set to current date.# No tax implications.# Projects are not used.# Receipt and expense fields should match those from the expense report template created earlier.# Dinner expense item must be linked to the Meal policy created in the previous task.
Step-by-Step Solution: Configuring Expense Items in Oracle Financials Cloud Step 1: Navigate to the Expense Items Setup
* Log in to Oracle Financials Cloud as an Expense Manager or Financial Administrator.
* Navigate to Setup and Maintenance.
* In the Search Bar, type "Manage Expense Items".
* Click on Manage Expense Items.
Step 2: Create Expense Items
* Click Create New Expense Item.
* Enter the following details:
Expense Item: Internet
* Name: "Internet"
* Expense Category: "Meals and Entertainment"
* Effective Start Date: Current Date
* Tax Classification Code: None (No tax implications)
* Projects Used? No (Uncheck "Enable for Projects")
* Receipt Required? Follow Template Policy
* Expense Fields? Set as Optional
# Click Save and Close.
Expense Item: Room Rate
* Click Create New Expense Item again.
* Enter the following details:
* Name: "Room Rate"
* Expense Category: "Lodging"
* Effective Start Date: Current Date
* Tax Classification Code: None
* Projects Used? No
* Receipt Required? Follow Template Policy
* Expense Fields? Set as Optional
# Click Save and Close.
Expense Item: Dinner (Linked to Meal Policy)
* Click Create New Expense Item again.
* Enter the following details:
* Name: "Dinner"
* Expense Category: "Meals and Entertainment"
* Effective Start Date: Current Date
* Tax Classification Code: None
* Projects Used? No
* Receipt Required? Follow Template Policy
* Expense Fields? Set as Optional
* Link to the Meal Policy Created Earlier:
* Navigate to Expense Policies.
* Select the previously created Meal Policy.
* Ensure that Dinner Expense Item is associated with this policy.
* Set Limit Type: Warning Only (if applicable).
# Click Save and Close.
Step 3: Validate and Confirm the Expense Items
* Review the created expense items.
* Ensure that:
* No tax classification codes are applied.
* Projects are disabled.
* Receipt and expense fields match those in the Expense Report Template.
* Dinner Expense Item is correctly linked to the Meal Policy.
# Click Submit and Activate.
Step 4: Test the Expense Items
* Simulate an Expense Report Submission:
* Select Internet, Room Rate, and Dinner as expense types.
* Enter sample amounts.
* Ensure that:
* No tax implications appear.
* Projects field is disabled.
* Receipt rules match the Expense Report Template.
* A warning is displayed if the Dinner Expense exceeds the Meal Policy limit.
Expected Outcome:
# Expense items are successfully created.# No tax implications are applied.# Projects are not enabled.# Receipts and expense fields match the template.# Dinner expense item is linked to the Meal Policy and displays a warning if the limit is exceeded.
Conclusion
By following these steps, we have successfully created expense items that comply with all business requirements.
NEW QUESTION # 53
......
After years of unremitting efforts, our 1Z0-1055-24 exam materials and services have received recognition and praises by the vast number of customers. An increasing number of candidates choose our 1Z0-1055-24 study braindumps as their exam plan utility. There are a lot of advantages about our 1Z0-1055-24 training guide. Not only our 1Z0-1055-24 learning questions are always the latest and valid, but also the prices of the different versions are quite favourable.
1Z0-1055-24 Exam Simulator: https://www.freepdfdump.top/1Z0-1055-24-valid-torrent.html
Our 1Z0-1055-24 vce dumps constantly get updated according to the changes of exam requirement from the certification center, You can try the demos of our 1Z0-1055-24 exam questions first and find that you just can't stop studying, Our effort in building the content of our 1Z0-1055-24 study materials lead to the development of learning guide and strengthen their perfection, The first feature of FreePdfDump 1Z0-1055-24 exam questions is its availability of 1Z0-1055-24 Oracle Financials Cloud: Payables 2024 Implementation Professional exam questions in three formats.
You can customize Project to start new tasks 1Z0-1055-24 based on the current date instead of on the project's start date, Finding Registry Entries, Our 1Z0-1055-24 VCE Dumps constantly get updated according to the changes of exam requirement from the certification center.
Free PDF Quiz Oracle - 1Z0-1055-24 Pass-Sure Reasonable Exam Price
You can try the demos of our 1Z0-1055-24 exam questions first and find that you just can't stop studying, Our effort in building the content of our 1Z0-1055-24 study materials lead to the development of learning guide and strengthen their perfection.
The first feature of FreePdfDump 1Z0-1055-24 exam questions is its availability of 1Z0-1055-24 Oracle Financials Cloud: Payables 2024 Implementation Professional exam questions in three formats, You can pay attention to your email box regularly.