Oracle Financials Cloud: Receivables 2022 Implementation Professional - 1z0-1056-22 Exam Practice Test
As a Billing Manager you are responsible for reviewing adjustments and approving them. Which action is not available in the "Approve Adjustments" page?
Correct Answer: B
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You are the Billing Manager and you are responsible for reviewing adjustments and approving them.
Which two tabs are available in the Adjustments Overview Region on the Billing Work Area page? (Choose two.)
Which two tabs are available in the Adjustments Overview Region on the Billing Work Area page? (Choose two.)
Correct Answer: B,C
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Which three interest rate calculation formula methods are supported in Receivables? (Choose three.)
Correct Answer: C,D,E
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ABC Company uses euros as the ledger currency, and it receives an invoice with three line items in Norwegian krone. For this example, the conversion rate between the krone and the euro is 6.55957. The lines total of invoice is 7.93 euro. However, the invoice amount shows a total of 7.92 euro. The user was not able to run the accounting.
Where should you define the header-level rounding account?
Where should you define the header-level rounding account?
Correct Answer: A
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Your customer has three sites defined in the system, site 1, site 2, and site 3. All sites have their own billing strategy defined and Balance Forward Billing is enabled for site 1 and Site 2 at the account level.
How will bills be generated?
How will bills be generated?
Correct Answer: A
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Your company wants to generate Intercompany transactions only if the amount Involved is equal to or greater than $3,000 USD.
How should you configure Intercompany System Option*; to meet this requirement?
How should you configure Intercompany System Option*; to meet this requirement?
Correct Answer: C
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Your Customer Upload Batch with an error and you identify the error as being due to an incorrect Payment Method.
How will you correct the error?
How will you correct the error?
Correct Answer: B
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You created an Auto cash Ruleset where the first rule to be applied to receipts is Match Payments with Invoice. Discount = Earned Only, Late charges = NO, Receipt = $900, Receipt date = 14-Feb-2020, Discount Grace Days = 5.
Which transaction will be applied to the receipt?
Which transaction will be applied to the receipt?
Correct Answer: B
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As a consultant, you have built the following Scoring model in Advanced Collections:
If a customer has 10 past due transactions and an amount overdue of $125, what is the calculated score?
If a customer has 10 past due transactions and an amount overdue of $125, what is the calculated score?
Correct Answer: C
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Identify the receivables system option that relates to customers.
Correct Answer: C,D
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What are the three drilldown options available in the task pane for Receipt Remittance? (Choose three.)
Correct Answer: B,C,D
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You are a functional user who has been tasked with creating an Oracle Transactional Business Intelligence (OTBI) analysis. You are still learning how to use OTBI, and the analysis you need to create is not complex.
Which tool should you use to create this analysis?
Which tool should you use to create this analysis?
Correct Answer: B
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