Free Oracle 1Z0-1055-24 Practice Test & Real Exam Questions

  • Exam Code/Number: 1Z0-1055-24
  • Exam Name/Title: Oracle Financials Cloud: Payables 2024 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification: Oracle Cloud
  • Exam Questions: 56
  • Updated On: Oct 02, 2026
As an Expenses Administrator, you can control which expense values you do not want to automatically populate on the Create Expense Item page. You have therefore created the profile option EXM_DFLT_FROM_PREV_EXPENSE at the user level and set it to N (No).
Which three values will no longer populate from a previous expense item when a user enters a new expense item?
Correct Answer: B,C,D Vote an answer
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As a Workflow Administrator, you are tasked with configuring certain invoice approval rules to align with your company's policy. You decide to make use of the purchase order additional attributes and descriptive flexfields to appropriately configure invoice approval rules and route workflow notifications to approvers.
Which two are NOT purchase order additional attributes that workflow administrators can use to configure invoice approval workflow rules?
Correct Answer: C,D Vote an answer
You joined an OU Live Session for Oracle Financials centered on Expenses and learned about a new feature, Monthly and Lifetime Rate Limit Enforcement for Miscellaneous Policies. With this new feature, you can now enforce monthly and lifetime rate limits for miscellaneous expenses.
Based on which four values did the instructor say you can configure the rate limits?
Correct Answer: A,D,E,F Vote an answer
You are an Oracle Payable Consultant and your client, a large retail organization is discussion statutory reporting requirements.
Your Client to leverage the subledger accounting application to create subledger journal entries for payables.
Some of the reporting requirements are scenario based.
Which three subledger accounting components can have conditions in the rules?
Correct Answer: D,E,F Vote an answer
Your cloud customer wants to use AI to automate key processes in Payables. You are tasked with setting up the required roles for AI apps.
When you create the user-defined AIAPPS_BIP_ROLE, which two role hierarchies should you add?
Correct Answer: A,E Vote an answer
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Oracle Cloud currently offers two invoice scanning solutions: Integrated Imaging and Intelligent Document Recognition (IDR). Both solutions function similarly.
In which two ways do these invoice scanning solutions operate in the cloud?
Correct Answer: A,D Vote an answer
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