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Exam Code: 1z0-1055-22
Exam Name: Oracle Financials Cloud: Payables 2022 Implementation Professional
Vendor: Oracle

60 Questions & Answers
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NEW QUESTION: 1
What kind of sequence can be assigned to subledger journal entries at the time that the journal entries are created in final mode?
A. Accounting Sequence
B. Document Sequence
C. Reporting Sequence
D. Journal Entry Sequence
Answer: A

NEW QUESTION: 2
Which three statements about Cisco Discovery Protocol operations on a Cisco ME3400 switch are true?
(Choose three.)
A. Cisco Discovery Protocol is not supported on NNI or ENI ports.
B. Cisco Discovery Protocol is enabled by default on all NNI, ENI, and UNI ports.
C. Cisco Discovery Protocol is disabled by default on ENI ports.
D. Cisco Discovery Protocol is not supported on UNI ports.
E. Cisco Discovery Protocol is enabled by default on NNI ports.
Answer: C,D,E
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
Select three values that default from Customer Profile Classes.
A. Legal Entity
B. Payment Terms
C. Business Purpose
D. Currency
E. Statement Cycle
Answer: B,D,E
Explanation:
* The customer profile class shares these default settings with other parts of
Oracle Fusion Receivables: Match Receipts By; AutoMatch rule set; AutoCash rule set;
AutoInvoice Grouping rule; payment terms (C); and tax printing options.
* Use Customer Profiles to group customers with similar credit worthiness, business volume, and payment cycles. For each profile class you can define information such as credit limits, payment terms, statement cycles, invoicing, and discount information. You can also define amount limits for your finance charges, dunning, and statements for each currency in which you do business.
Define your standard customer profiles in the Customer Profile Classes window. These profiles contain generic options you can use to group your customers into broad categories.
For example, you might define three categories: one for prompt paying customers with favorable credit limits; one for late paying customers with high finance charge rates; and a third for customers who mostly pay on time, with discount incentives for early payment. You can also use the profile class 'DEFAULT,' which the system provides.
Assign a profile class to each of your customers and addresses in the Customers window.
The customer profile class you assign provides the default values, then you can optionally customize these values to meet your specific requirements for each customer or address. If a profile is assigned to both a customer and one of that customer's addresses, the options set for the address take precedence over those set at the customer level.


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