Oracle Financials Cloud: Payables 2019 Implementation Essentials - 1Z1-1055 Exam Practice Test

A. A supplier can submit invoices against open, approved, standard, or blanket purchase orders that are not fully billed. B. A supplier can validate the invoice after submitting it. C. A supplier can submit a single invoice against multiple purchase orders across different currencies and organizations. D. A supplier can submit a single invoice against multiple purchase orders, provided the currency and organization for all the invoice items are the same as those on the purchase orders. E. A supplier can make changes to the invoice after submitting it.

A. The invoice was adjusted by a credit or a debit memo. B. An accounting entry has been created for the invoice. C. The invoice is validated. D. Prepayments were applied to the invoice. E. The invoice is fully or partially paid.

A. Set the intercompany system option minimum transaction amount to $ 3,000 USD. B. Set the intercompany system option minimum transaction amount to $2,999.99 USD. C. Approval rules need to set the allow of the intercompany transactions to be routed to the receiver or provider. D. Intercompany invoices will be generated for the minimum accountable amount set at the payable invoice options and receivable system options. E. You cannot update the minimum transaction currency when intercompany currency is entered.

A. Void the payment, which debits cash and credits the liability, and then cancel the invoice, which debits the liability and credits the expense. B. Void the payment, which debits cash and credits the liability, and then issue a credit memo, which debits the liability and credits the expense. C. Cancel the invoice, which debits the liability and credits the expense. D. Issue a credit memo, which will debit the liability and credit the expense.

A. Payment Method B. Invoice Number C. PO Number D. Terms Date E. Invoice Date

A. Business Unit B. Legal Entity C. Bank D. Supplier E. Bank Account