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1z0-1054-20
  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
  • Version: V15.95
  • Q & A: 258 Questions and Answers

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NEW QUESTION: 1
Which term is NOT a common name for a procurement document that solicits an offer from prospective sellers?
A. Request for information
B. Request for quotation
C. Contractor initial response
D. Invitation for negotiation
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Procurement documents are used to solicit proposals from prospective sellers. A request for information is generally used by the buyer to have potential sellers propose various pieces of information related to a product, service, or result or to a seller capability.

NEW QUESTION: 2
In which of the following circumstances is it apparent that the internal auditor exercised due professional care in carrying out his duties?
1.The internal auditor weighed the cost of the engagement against its potential benefits.
2.The internal auditor used anonymous information from a whistleblower to report the existence of fraudulent activity.
3.The internal auditor found minor and major instances of fraud and highlighted only the major instances in its report,in consideration of the board's limited time.
4.The internal auditor decided to use new auditing software to assist with the statistical analysis required during the engagement.
A. 1 and 4 only
B. 2 and 3 only
C. 1 and 2 only
D. 3 and 4 only
Answer: A

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