Oracle Financials Cloud: Receivables 2016 Implementation Essentials - 1z0-335 Exam Practice Test

A. You can select only a Closed accounting period.

B. You cannot exclude on-account activities, unapplied receipts, and unidentified receipts.

C. You can exclude unidentified receipts, but you cannot exclude on-account activities and unapplied receipts.

D. You can include of exclude Intercompany transactions, or you can reconcile by
Intercompany activity only.

A. Balance Forward Bill of a previous cycle need NOT be generated as Final to generate the balance Forward Bill of the current cycle.

B. Transactions included on a Balance Forward Bill can be updated.

C. Balance Forward Bills tan be created for a future date.

D. Balance Forward Bill must be enabled at each bill-to site level.

A. $1.750

B. $4, 750

C. $2,500

D. $5,000

E. $1, 250

A. The program creates the adjustments with a status of Pending Approval for the amount that exceeds his approval limits.

B. The program can only be run if the amount is within his approval limits.

C. The program creates adjustments only for the amounts within his approval limit

D. The program creates the adjustments with a status of Rejected for the amount that exceeds his approval limits.

A. Enable the "Allow tax rate override" and "Allow manual tax lines" profiles at the user level, set the value to Yes for the selected employee, and grant the "Tax Manager
< Business Unit> " data role to the employee.

B. Enable "Allow override of calculated tax lines" within the tax configuration owner options for the receivable invoice event and set the "Transaction Tax Line Override" Profile option to Yes for the selected employee.

C. Enable "Allow override of calculated tax lines" within the tax configuration owner options for the receivable invoice event and grant the employee the "Tax Manager<Business Unit>" data role.

D. set the "Transaction Tax Line Override" Profile option to Yes for the selected employee and assign the employee the "Tax Manager <Business Unit>" data role.

E. Enable " Allow override of calculated tax lines" within the tax configuration owner options for the receivable application and create a tax rule to grant this privilege only to the selected employee.

A. Account Profiles

B. Payment Instruments

C. Job Responsibilities

D. Account Relationships

A. Enter the receipt as an UNAPPLIED receipt.

B. Enter the receipt as a miscellaneous receipt.

C. Enter the receipt as an UNIDENTTFIFD receipt.

D. Enter the receipt as an on-account receipt.

A. Correspondence tab

B. Customer Aging tab

C. Transactions tab

D. Profiles tab

A. Changing the Collector impacts the individual working with the delinquent customer.

B. Making changes In the Profile tab Impacts the collection process.

C. Business unit level changes will NOT Impact the display of delinquent customers on the dashboard.

D. Changing Information in the Profile Tab does NOT have an impact on the level in which the collections are done.

E. Adding or modifying the customer contact name in the Contacts tab impacts where the correspondence is sent.

A. For factored remittances with the automatic clearing method, run the Automatic clearing program to clear receipts on the receipt date plus the number of collection days.

B. For standard remittances, Receivables updates the status of the bills receivable to
Remitted by running the close Matured bills receivable program to create receipts and apply them to the bills receivable, either at the maturity date plus the number of collection days or at the remittance date plus the number of collection days, whichever is later.

C. For bills receivables that factored without recourse, the receipt is applied is applied to the bills receivable upon remittance and the status of the bill is updated to Closed.

D. For standard remittances, Receivables updates the status of the bills receivable to
Closed by running the close Matured bills receivable program to create receipts and apply them to the bills receivable, either at the maturity date plus the number of collection days or at the remittance date plus the number of collection days, whichever is later.

E. For bills receivables that factored with recourse, the receipt is applied to short-term debt and the status of the bill is updated to paid.

F. For factored remittances, receivables creates a receipt when a remittance is submitted.

A. Click the check box to enter the default business unit if it is NOT appearing in the drop down menu.

B. Click on the Settings button to apply the appropriate settings so that the business unit appears in the chop down menu.

C. Only the business units the user has access to will appear in the list of values. Modify the security options to provide access to the user.

D. The business unit is NOT a required option In the Parameters tab to run the delinquency process.

A. The user can enter parameters to limit the information to be included.

B. The user can NOT drill down from the Interactive reports user interface

C. Interactive reports ALWAYS require an ESS program to be run.

D. The report is always ad hoc.