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Exam Code: 1Z0-1055-24
Exam Name: Oracle Financials Cloud: Payables 2024 Implementation Professional
Vendor: Oracle

60 Questions & Answers
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NEW QUESTION: 1
When you move revenue on an invoice line from an unearned to an earned revenue account, Receivables
_____________.
A. removes the pending sales credits
B. leaves the invoice line revenue contingencies until Reconcile Revenue Contingencies is run
C. removes the invoice line revenue contingencies
D. leaves the invoice line revenue contingencies until Automatic Revenue Recognition is run
Answer: C
Explanation:
Explanation/Reference:
When you move revenue on an invoice line from an unearned to an earned revenue account, or vice versa, Oracle Fusion Receivables removes the invoice line revenue contingencies. The invoice is no longer subject to automatic revenue recognition.
References: https://docs.oracle.com/cloud/farel8/financialscs_gs/FAOFC/F1113011AN1CFB0.htm

NEW QUESTION: 2
Click the Exhibit button. Based upon the scenario, which employee best matches the Second Line Support role in ITIL Service Support?

A. Tina
B. Frank
C. Marie
D. Gloria
Answer: C

NEW QUESTION: 3
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B. When a material has multiple BOMB
C. When multiple material is have similar BOMB
D. When multiple material also have the same BOM
Answer: D

NEW QUESTION: 4
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B. An internal audit is typically shorter in duration than an external audit.
C. The internal auditor reports to the Information Technology (IT) department
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Answer: A


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