Free Oracle 1D0-1055-24-D Exam Questions

Become Oracle Certified with updated 1D0-1055-24-D exam questions and correct answers

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Total 142 Questions | Updated On: May 17, 2025

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Question 1

During an expense audit the auditor marks an expense item that is missing a receipt to be Short Paid. They choose to complete the audit and warn the user.
Given that the Expense Report Audit Approval is set to After Manager Approval, what two are valid results of the auditor action? (Choose two.)

A : New expense report containing disallowed expense items is immediately created.

B : Approved part of the expense report is not eligible for expense reimbursement.

C : The approved part of the expense report is eligible for expense reimbursement.

D : New expense report containing disallowed expense items is not created until manager approves the short payment.

Answer: A,C

Question 2

Your client company wants to ensure that the payments they are sending to their financial institution are valid and formatted correctly. They would like to identify any validation failures as early in the process as possible.
Where would you suggest the validations are set?

A : Supplier Site

B : Payment Method

C : Payment Format

D : Payment Terms

E : Disbursement Bank Account

Answer: B

Question 3

You have just imported invoices from a spreadsheet. What is the validation status of the imported invoices?

A : Needs Revalidation

B : Not Validated

C : Not Required

D : Imported

E : Validated

Answer: D

Question 4

How will system evaluate the tolerances for expense reports?

A : System will calculate error tolerance as (|Policy Rate * (1+Error Tolerance/100)|) currency precision.

B : System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100)*currency precision.

C : System will calculate error tolerance as Policy Rate * (1+Warning Tolerance+ Error Tolerance/100).

D : System will calculate warning tolerance as Policy Rate * (1+Warning Tolerance/100).

E : System will use absolute amount tolerance setup to do validations.

Answer: D

Question 5

The Accounts Payable Manager voided a foreign currency payment due to insufficient funds. Which three statements are correct? (Choose three.)

A : All related interest invoices are reversed if previously created.

B : Any previous accounting and payment records for an invoice are reversed.

C : All related withholding tax invoices are automatically voided.

D : Any realized gain or loss previously calculated is reversed.

E : Voiding the payment automatically places an invoice on hold.

Answer: A,B,D

Page: 1 / 29

Total 142 Questions | Updated On: May 17, 2025

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