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Valid Dumps 1Z0-1065-20 Free & Oracle 1Z0-1065-20 Latest Test Format - Pass 1Z0-1065-20 Guide - FreeTorrent

1Z0-1065-20

Exam Code: 1Z0-1065-20

Exam Name: Oracle Procurement Cloud 2020 Implementation Essentials

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
Examine the following code:

The above code generates an error on execution.
What must you do to ensure that the code executes successfully?
A. Use the TO_DATE function in line 7.
B. Use the TO_NUMBER function in line 6.
C. Use both the TO_DATE function in line 2 and the TO_NUMBER function in line 6.
D. Use the TO_DATE function in line 2.
Answer: D

NEW QUESTION: 2
Doris and Lydia are equal partners in the capital and profits of Agee & Nolan, but are otherwise unrelated. The following information pertains to 300 shares of Mast Corp. stock sold by Lydia to Agee
& Nolan:

The amount of long-term capital loss that Lydia realized in 1988 on the sale of this stock was:
A. $3,000
B. $2,500
C. $0
D. $5,000
Answer: D
Explanation:
Explanation
Choice "a" is correct. $5,000 long term capital loss "realized" in 1988 by Lydi
A. Be careful, and always
check the question being asked. In this case, the question is how much of a capital loss Lydia realized in 1988.

Choice "b" is incorrect. $3,000 represents the portion of the $5,000 realized loss that would currently be recognized unless there were additional capital transactions resulting in gains. Remember that the deduction for capital losses for an individual is limited to $3,000 each year.
Choice "c" is incorrect. $2,500 represents the pre-1986 portion of the $5,000 realized loss that would have given rise to a recognized loss. Pre-1986 law required $2 of net long term loss to give the benefit of $1 of tax deduction. Current law gives a dollar-for-dollar deduction limited to $3,000 in any year.
Choice "d" is incorrect. $0 would have been the amount of loss recognized if Lydia owned more than a 50% interest in the partnership. Losses realized on transactions between a partnership and a partner owning more than a 50% interest are not deductible as the parties would be considered related and any realized loss would be disallowed.

NEW QUESTION: 3
In a(n) _____ search for information , a buyer examines his or her own memory and knowledge about a product or service, gathered through past experiences.
A. internal
B. external
C. generic
D. informed
E. perceived
Answer: A

NEW QUESTION: 4
In mandatory access control, the authorization of a subject to have access
to an object is dependent upon:
A. Labels.
B. Tasks.
C. Roles.
D. Identity.
Answer: A
Explanation:
The correct answer is Labels. Mandatory access controls use labels to determine whether subjects can have access to objects, depending on the subjects' clearances. Answer roles is applied in non-discretionary access control as is tasks. Identity, is used in discretionary access control.

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