1z0-1055-24 Oracle Exam Lab Questions

[Reference: Considerations for Closing a Payables Period, Bills Payable Requiring Maturity (Option C):, Explanation: Bills payable that have not yet reached their maturity date or have not been accounted for will block the period from closing. It's essential to update the status of all bills payable to reflect their maturity and ensure they are accounted for in the correct period., Reference: Payables Period Close Exceptions Report, Unaccounted Invoices and Payments (Option D):, Explanation: Invoices and payments that have been entered but not yet accounted for will prevent period closure. All such transactions must be fully processed and posted to the general ledger to ensure financial statements are accurate and complete., Reference: Considerations for Closing a Payables Period, Options A and E are not valid reasons for preventing period closure:, Unapplied Prepayments (Option A):, Explanation: While unapplied prepayments represent amounts paid in advance that have not yet been matched to invoices, they do not prevent the closure of a Payables period. These can remain unapplied across periods and do not impact the period close process., Suppliers on Payment Holds (Option E):, Explanation: Suppliers placed on payment holds indicate that payments to these suppliers are temporarily suspended. This status does not affect the ability to close a Payables period, as it pertains to future payments rather than existing transactions within the period., In summary, to successfully close a Payables period, ensure that all payment files are complete, bills payable are matured and accounted for, and all invoices and payments are fully processed and posted.]

[Reference: Oracle AI for Payables Setup Guide, AIAPPS_Data_Model_Developer (Option D):, Explanation: This role is essential for developing AI-driven data models that power analytics and automation within AI for Payables., Reference: Oracle AIAPPS Data Model Documentation, Options B, C, and E Analysis:, BI_Integration (Option B):, While BI Integration supports data extraction and reporting in BI Publisher, it is not specifically required for AI-based automation in Payables., Verdict: Not required for AIAPPS_BIP_ROLE., BI_Author (Option C):, This role provides general BI report development access but does not grant access to AI-based configurations or data models., Verdict: Not required for AIAPPS_BIP_ROLE., BIP_DataModelDeveloper (Option E):, This role is related to BI Publisher Data Model Development but does not include AI model configuration., Verdict: Not required for AIAPPS_BIP_ROLE., Thus, the correct answers are A. AIAPPS_Author and D. AIAPPS_Data_Model_Developer., ]