Oracle 1Z0-1055-24 Exam Dumps

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The Prepare Payables to General Ledger Reconciliation process in Oracle Financials Cloud is essential for ensuring that your payables and general ledger data are aligned. When submitting this process, you have several parameters available to filter and select the specific data you need for reconciliation. The key parameters include:

Business Unit (Option A):

Purpose: Allows you to reconcile data for a specific business unit within your organization. This is particularly useful if your enterprise structure includes multiple business units and you need to focus on one at a time.

Accounting Period (Option B):

Purpose: Enables you to select the accounting period (either open or closed) for which you want to prepare the reconciliation data. This ensures that the report focuses on the transactions relevant to the specified time frame.

Balancing Segment Value (Option C):

Purpose: Allows you to filter the data by specific balancing segment values, which correspond to entities like companies or divisions within your chart of accounts. This is useful for reconciling data at a more granular level.

While options D (Supplier), E (Primary Ledger), and F (Natural Account) are important attributes within the payables and general ledger modules, they are not listed as direct filter parameters for the Prepare Payables to General Ledger Reconciliation process. Therefore, the correct answers are A. Business Unit, B. Accounting Period, and C. Balancing Segment Value.

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In Oracle Financials Cloud, the Campaign Management for Early Payment Discount Offers feature enables organizations to send email campaigns to suppliers, inviting them to participate in early payment discount programs. Suppliers receiving these offers have predefined response options that are automatically processed by the system.

Predefined Supplier Response Options:

Accept a One-Time Offer:

Suppliers can choose to accept a discount offer for specific invoices that are currently eligible for early payment. This action applies the discount to the selected invoices, and they are processed for early payment accordingly.

Enroll in a Standing Offer:

By selecting this option, suppliers agree to participate in an ongoing early payment discount program. All future invoices that meet the agreed-upon criteria will automatically be eligible for early payment discounts without the need for individual acceptances.

Decline the Offer:

Suppliers may opt to decline the current early payment discount offer. Declining does not prevent them from receiving future offers; it simply indicates that they are not interested in the present offer.

Unsubscribe:

If a supplier chooses to unsubscribe, they will no longer receive email notifications regarding early payment discount offers from the campaign. This action effectively removes them from the current and any future campaigns.

Analysis of the Provided Options:

A . Accept All Offers:

There is no predefined response option that allows suppliers to accept all past and future offers in a single action. Acceptance is either for a specific one-time offer or through enrollment in a standing offer for future invoices.

B . Decline the Offer:

This is a valid predefined response. Suppliers can choose to decline the current offer, indicating they are not interested in the proposed early payment discount for the specified invoices.

C . Subscribe:

While suppliers can unsubscribe from receiving future offers, there isn't a specific 'Subscribe' option. Suppliers are considered participants by default and can choose to enroll in standing offers or accept individual offers.

D . Enroll in a Standing Offer:

This is a valid predefined response. Suppliers can enroll in a standing offer, agreeing to early payment discounts on all future eligible invoices automatically.

Conclusion:

The correct predefined response options available to suppliers are B. Decline the Offer and D. Enroll in a Standing Offer. These options provide suppliers with the flexibility to manage their participation in early payment discount programs effectively.

Oracle Help Center: Early Payment Discount Offers

Oracle Help Center: Email Campaigns