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An installment for $2,000 USD is due for payment on July 31, 2022. The installment has two discounts: the first discount date is June 15, 2022 for $150 USD and the second discount date is June 30, 2022 for $50 USD.
You submit a Payment Process Request with the following criteria:
Payment Date = June 20, 2022
Pay Through Date = July 30, 2022
Date Basis = Due Date
What will be the resulting status of the installment and discount?
Adaptive Intelligence (AI), integrated with Oracle Payables Cloud, supports sophisticated data science that drives early payment discount offers.
Which of these is NOT a feature of early payment discounts?
A company has assigned a withholding tax classification to an invoice line to withhold two taxes, each tax withheld at different rates and remitted to different tax authorities.
Tax A has a withholding tax rate of 5% with compounding precedence of 1
Tax B has a withholding tax rate of 10% with compounding precedence of 2
What are the withholding tax amounts computed for the two taxes when the withholding taxable amount is 100$?
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The Oracle 1z0-1055-24 exam leads to the Oracle Financials Cloud: Payables 2024 Certified Implementation Professional certification. This credential validates an individual's expertise in implementing and configuring Oracle Financials Cloud Dumps for Payables, including invoice processing, payments, expenses, and reporting within the 2024 release.
While there are no strict formal prerequisites to take the 1z0-1055-24 exam, Oracle strongly recommends candidates have a solid understanding of financial processes, particularly accounts payable, and practical experience with Oracle Financials Cloud Payables functionality.
The Oracle 1z0-1055-24 exam typically costs $245 USD. It's advisable to check the official Oracle University website for the most up-to-date pricing, as prices can vary or be subject to changes
The 1z0-1055-24 exam is primarily a multiple-choice format, though some Oracle exams may incorporate hands-on performance-based challenges. It assesses both theoretical knowledge and the practical application of Payables Cloud features.
The Oracle 1z0-1055-24 exam has a duration of 90 minutes, providing candidates with adequate time to review and respond to all questions.
To achieve the Oracle Financials Cloud: Payables 2024 Implementation Professional certification, candidates must obtain a minimum score of 68% on the multiple-choice questions. For any performance-based challenges, the passing score is 75%.
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TESTED 24 Feb 2026
