1055-21 Payment Practice Questions
The free 1z0-1055-21: Oracle Financials Cloud: Payables 2021 Implementation Essentials questions that deal with payment, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #2
Which document is typically generated when a payment is processed in Oracle Payables?
Correct answer: A
Explanation
A Payment Document is generated to confirm that a payment has been processed for an invoice in Oracle Payables.
Question #4
In Oracle Payables, which feature allows for tracking and managing vendor payment schedules?
Correct answer: C
Explanation
Payment Terms feature in Oracle Payables facilitates tracking and managing the schedule for vendor payments.
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