Oracle 1Z1-1055 Value Pack (Frequently Bought Together)

You have an invoice with a payment term that has the following settings:
* Day of Month = 15
* Cut off Day = 11
* Months Ahead = 0
* Terms Date on Invoice = January 12th
What will the resulting due date for the invoice installment be?

• A. February 15th
• B. April 15th
• C. March 15th
• D. January 15th

Which invoice types can be included in the Create Payment flow?

• A. Standard, Credit Memo and Debit Memo
• B. Standard, Debit Memo and Customer Refund
• C. Standard, Credit Memo and Customer Refund
• D. Standard, Credit Memo, and Invoice Request

During your business trip to the UK, you took a taxi ride and paid for it by using your personal Visa credit card. While entering your expenses, you get a warning that a different conversion rate was applied to the taxi expense by Visa that the one used by your company.
How do you handle this situation?

• A. Do not enter the taxi expense and call your Finance Department so that they can make changes in the conversion rate settings and you do not violate the allowable limit.
• B. Call Visa to address the issue and tell them to make adjustments to their conversion rate. Then, wait to get a revised statement.
• C. Use the corporate-defined conversion rate even if it means you will not be reimbursed fully.
• D. Overwrite the conversion rate with the one Visa provided and enter a justification that Visa used a different conversion rate.

Your customer has implemented English as base language and French as a local language. The customer's bank needs the payment file to be sent to them in French. What is the relevant step to do this for preparing the payment template?

• A. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.
• B. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with country locale.
• C. Create your template in English language, then upload it to Business Intelligence (BI) under the custom/payment folder, under the templates region. Use English locale and generate the XLIFF file. Then upload the file back under the translated region.
• D. Create your template in the local language, then upload it to Business Intelligence (BI) under the custom/payment folder under the templates region with English locale.

You are resolving payment validation errors during the payment build process. Which two actions can you perform to resolve these errors?

• A. Terminate the payment process request.
• B. Correct the setup errors for remittance bank accounts, third party payees, payment methods, or payment formats and submit resume payment process.
• C. Run the create accounting program.
• D. Remove the documents or payments causing the error and resume the payment process.
• E. Run the invoice validation program.