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Oracle 1z0-1055-22 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1055-22
Exam Name:
Oracle Financials Cloud: Payables 2022 Implementation Professional
Vendor:
Questions:
139
Last Updated:
Apr 2, 2025
Exam Status:
Stable
Oracle 1z0-1055-22

1z0-1055-22: Oracle Other Certification Exam 2025 Study Guide Pdf and Test Engine

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Oracle Financials Cloud: Payables 2022 Implementation Professional Questions and Answers

Question 1

You have 10 ledgers and 30 business units and want to leverage Preference Data Sets. What is the function of Reference Data Sets?

Options:

A.

allow you to secure data by business unit

B.

allow you to assign multiple business units to users in a shared service center

C.

allow you to maintain sets of related data in a Data Dictionary

D.

allow you to share reference data, such as payment terms,across multiple business units to avoid redundant setup

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Question 2

You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements. (Choose two.)

Options:

A.

For period end accruals, accounting is created at material receipt or at delivery to a final destination.

B.

For period end accruals, the invoice accounting debits the expense account and credits the liability account.

C.

For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.

D.

For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.

Question 3

Which job role has full access to perform all Functional Setup Manager related activities?

Options:

A.

Application System Administrator

B.

Any Functional User

C.

Functional Setup Manager Superuser

D.

IT Security Manager

E.

ApplicationImplementation Consultant