Vendor: Oracle
Exam Code: 1Z0-1005
Exam Name: Oracle Financials Cloud: Payables 2018 Implementation Essentials
Certification: Oracle Certifications
Total Questions: 95 Q&A
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Updated on: Jun 15, 2026
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What is the invoice type of an unapproved, unmatched invoice that was created in the Supplier Portal?
A. Standard Invoice
B. Standard invoice request
C. Credit Memo
D. Supplier payment request
E. iSupplier Invoice
You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements. (Choose two.)
A. For period end accruals, accounting is created at material receipt or at delivery to a final destination.
B. For period end accruals, the invoice accounting debits the expense account and credits the liability account.
C. For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.
D. For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.
You entered an invoice of 12,000 and paid it for Office Suppliers. The payment was never received by the supplier, and you decide to return the entire order. What should you do?
A. Cancel the invoice, which debits the liability and credits the expense.
B. Issue a credit memo, which will debit the liability and credit the expense.
C. Void the payment, which debits cash and credits the liability, and then issue a credit memo, which debits the liability and credits the expense.
D. Void the payment, which debits cash and credits the liability, and then cancel the invoice, which debits the liability and credits the expense.
The following table comprehensively analyzes the quality and value of Oracle Certifications 1Z0-1005 exam materials.