Free 1z0-1055-25 Exam Dumps

Question 11

- (Topic 1)
An installment for $2,000 USD is due for payment on July 31, 2022. The installment has two discounts: the first discount date is June 15, 2022 for $150 USD and the second discount date is June 30, 2022 for $50 USD.
You submit a Payment Process Request with the following criteria: Payment Date = June 20, 2022
Pay Through Date = July 30, 2022 Date Basis = Due Date
What will be the resulting status of the installment and discount?

A. The installment is selected and no discount is applied.
B. The installment is selected and a discount of $50 USD is applied.
C. The installment is selected and a discount of $150 USD is applied.
D. The installment is not selected because the due date is after the Pay Through Date.
E. The installment is not selected because the discount dates are before the Pay Through Date.

Correct Answer:D

Question 12

- (Topic 1)
While creating the setup for employee bank accounts, you have the profile option
CE_USE_EXISTING_BANK_BRANCH set to Yes. What can the users now search for by default?

A. Bank Branch identifier
B. Bank Branch only
C. Bank and Bank Branch

Correct Answer:C

Question 13

- (Topic 1)
While processing an expense report, the system placed a payment hold on the expense report. What are the two ways to release payment holds?

A. The expense auditor can manually release the payment hold in a discretionary manner.
B. The employee can manually release the hold from the notification.
C. Expenses automatically releases holds when receipts are received or waived.
D. The employee's supervisor can manually release the hold from the notification.
E. Payables Manager can release payment holds in Payables.

Correct Answer:AC

Question 14

- (Topic 1)
You have been asked by the cloud customer to create some user-defined account derivation rules for Payables invoices that were imported from lease accounting.
Which two lease accounting source attributes are predefined and can be used in rule creation?

A. DFF values on the Asset tab
B. DFF values on the Schedule tab
C. Lease preparer
D. ROU Flag value
E. Lease location

Correct Answer:AD

Question 15

- (Topic 1)
During an internal audit of the expense reimbursement process, you observe a discrepancy where refunds from employees are being applied against positive payment requests. Your organization would like to keep them separate.
How do you achieve this?

A. Set a specific pay group in the expense section of the employee record.
B. Set a specific pay group in payables invoice options.
C. Set a specific pay group in disbursement options.
D. Set a specific pay group in Expense system options.

Correct Answer:D