1z1-962 by Oracle Actual Free Exam Questions And Answers

Question 1

Identify the receivables system option that relates to customers.

A. Reciprocal Customer

B. Automatic Site Numbering

C. Receipt Method

D. Default Country

Discussion 0

Correct Answer: C,D Vote an answer

Question 2

Which two are rules applicable to issue of refunds? (Choose two.)

A. You cannot refund more than either the original receipt amount or the remaining unapplied amount.

B. You can issue a credit card refund to a customer who has made a cash payment.

C. You can refund receipts that were either remitted or cleared.

D. You can refund receipts that are factored.

Discussion 0

Correct Answer: A,C Vote an answer

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Question 3

Which transactions are included when transactions of specified customers are selected in the Create Balance Forward Billing Program?

A. transactions that have the Print Option set to Do Not Print

B. transactions that were included in a previous Balance Forward Bill

C. transactions that have the selected payment terms

D. transactions have a Bill Type of Imported

Discussion 0

Correct Answer: C Vote an answer

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Question 4

Which two determinant types are used in reference data assignment? (Choose two.)

A. Project unit

B. Project Segment

C. Business Unit

D. Account Segment

Discussion 0

Correct Answer: A,C Vote an answer

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Question 5

What are the three drilldown options available in the task pane for Receipt Remittance? (Choose three.)

A. Lockbox Transmission History

B. Create Automatic Receipts

C. Manage Receipt Remittance Batches

D. Create Receipt Remittance Batch

E. Correct Funds Transfer Errors

Discussion 0

Correct Answer: B,C,D Vote an answer

Question 6

Which three transaction types are used to generate late charges? (Choose three.)

A. Adjustments against the original transaction

B. Debit Memo

C. Interest Invoice

D. Credit Memo

E. Cash Receipts

Discussion 0

Correct Answer: A,C,D Vote an answer

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Question 7

When a customer opts to make a payment by a credit card, this receipt is identified as a(n)
_______________.

A. manual receipt

B. miscellaneous receipt

C. automatic receipt

D. quick cash receipt

E. AutoLockbox receipt

Discussion 0

Correct Answer: C Vote an answer

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Question 8

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.)

A. Approved

B. Pending My Approval

C. Pending My Research

D. Pending Approval

E. Pending Approval From Managers

Discussion 0

Correct Answer: B,C Vote an answer

Oracle Financials Cloud: Receivables 2017 Implementation Essentials - 1z1-962 Exam Practice Test

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