Oracle 1z0-1056-22 Dumps - 100% Cover Real Exam Questions (Updated 156 Questions)

Real 1z0-1056-22 dumps - Real Oracle dumps PDF

NEW QUESTION # 91
Which three attributes are displayed in the detail table of the Balance forward Bill infotile? (Choose three.)

• A. Collector
• B. Past due Amount
• C. Due date
• D. Amount due on Bill
• E. Billing date

Answer: C,D,E

NEW QUESTION # 92
After creating Receivable Activities using the General Ledger Rapid Implementation workbook upload process, a Receivable Manager wants to review and make changes if required, to the account assignments created for these Receivable Activities.
Which two Receivable Activities do not have account assignments to review and change? (Choose two.)

• A. Debit Memo Reversal
• B. Adjustment Activities
• C. Earned Discounts
• D. Miscellaneous Receipt
• E. Unearned Discounts

Answer: B,D

NEW QUESTION # 93
Your client processes many customer refunds on a regular basis and would like to have information about recent refunds (including their status) for analytical purposes.
What should you do to meet this requirement in an efficient manner?

• A. Run the predefined Transaction Details Report.
• B. Create an Oracle Transactional Business Intelligence (OTBI) analysis.
• C. Search in the Payables "Manage Payments" page, then export results to Excel.
• D. Search in the Receivables "Manage Credit Memo Applications" page, then export results to Excel.

Answer: B

NEW QUESTION # 94
Which two items are required for customer invoicing? (Choose two.)

• A. Remit-to-address
• B. Lockbox
• C. Customer Profile Class
• D. Customers

Answer: B,C

NEW QUESTION # 95
Which three receipts can be automatically applied by a system? (Choose three.)

• A. receipts created in a spreadsheet and uploaded
• B. receipts that are manually created
• C. miscellaneous receipts
• D. receipts created in a lockbox and uploaded
• E. receipts that are unapplied

Answer: B,C,D

NEW QUESTION # 96
Which flexfields are required to be used by auto invoice to identify transactions and transaction lines, if you load the interface using a customized form?

• A. Line-level transaction flexfield, Header-level transaction flexfield
• B. Line-level transaction flexfield, Header-level transaction flexfield, Reference flexfield
• C. Line-level transaction flexfield, Header-level transaction flexfield, Link to transaction flexfield
• D. Line-level transaction flexfield, Invoice transaction flexfield, Reference flexfield, Link to transaction flexfield

Answer: D

NEW QUESTION # 97
Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)

• A. The ledger balancing lines are generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
• B. The Clearing Company Balancing Lines appear in the Intercompany Reconciliation Summary Report.
• C. The Reconciliation Period Summary Report shows the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
• D. The Transaction Summary Report shows only transactions with a status of received.
• E. You need to submit the Extract Intercompany Reconciliation Data job.

Answer: A,C

NEW QUESTION # 98
Which two statements are true about configuring Collection Strategies?

• A. You need to create Strategy Tasks of the type "Automatic" only.
• B. You need to define an Aging Method that meets the requirements of your organization.
• C. You need to create Scoring Formulae (or use predefined Scoring Formulas).
• D. You need to SGI the (Collections Method to Strategies for the relevant business unit.

Answer: A,C

NEW QUESTION # 99
Debit Memo Reversal is a new receivable that replaces the item closed by the original receipt.
When should the Debit Memo Reversal method be used to reverse a receipt?

• A. You are reversing a receipt that you previously applied to a chargeback and this chargeback has had no activity (another receipt or credit memo or adjustment) against it.
• B. You are reversing a receipt that you previously applied to a chargeback and this chargeback was not accounted.
• C. You are reversing a Miscellaneous receipt.
• D. You are reversing a receipt that you previously applied to a chargeback and this chargeback was posted to your general ledger.

Answer: A

NEW QUESTION # 100
Which three interest rate calculation formula methods are supported in Receivables? (Choose three.)

• A. Flat Rate
• B. Declining Balance
• C. Average
• D. Compound
• E. Simple

Answer: A,D,E

NEW QUESTION # 101
The Billing Manager has navigated to the Billing Work Area to review incomplete transactions.
Which link on the Incomplete Infotile will provide detailed information on the most recent incomplete transactions?

• A. 0-5 Days Link
• B. 0-10 Days Link
• C. 20+ Days Link
• D. 10+Days Link

Answer: B

NEW QUESTION # 102
There are a few customers that you do not want to send dunning letters to.
How would you exclude these customers from dunning?

• A. Disable Send Dunning Letter in Transaction Type.
• B. Disable Send Dunning Letter on the Profile tab.
• C. Disable Send Dunning Letter in Collections Preferences.
• D. Disable Send Dunning Letter on the Correspondence tab.
• E. Disable Send Dunning Letter in Transaction Source Type.

Answer: B

NEW QUESTION # 103
If a receipt cannot be automatically matched or transaction information is not available, Receivables can use the AutoCash rule set.
In which three places is the rule set found? (Choose three.)

• A. System Options
• B. Customer Account
• C. Receipt Method
• D. Customer Site
• E. Receipt Class

Answer: B,C,D

Explanation:
If transactions cannot be matched or transaction information is not available, Receivables uses the AutoCash rule set defined for the customer profile either at the customer site or customer level to apply the receipt. If the customer does not have an AutoCash rule set assigned to a profile, Receivables uses the AutoCash rule set assigned to system options and the number of discount grace days defined in the customer site or customer profile to apply the receipt.

NEW QUESTION # 104
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?

• A. by using the correct Customer Payment Method spreadsheet
• B. by importing the correct data by using a new spreadsheet upload
• C. by using the correct Customer Data spreadsheet
• D. by using the Customer Import Interface work area

Answer: A

NEW QUESTION # 105
The Business Intelligence repository contains metadata that defines columns, which you can include in an analysis.
Which three types of columns are available when you create or edit an analysis? (Choose three.)

• A. Attribute
• B. Sum
• C. Function
• D. Fact
• E. Hierarchy

Answer: A,D,E

NEW QUESTION # 106
After a customer bankruptcy is approved, what happens in the Collections application?

• A. Collection activities remain active, delinquent transactions appear in the Collections Work Area but customer status is changed to Bankrupt.
• B. Collection activities are suspended and delinquent transactions appear in the Collections Work Area.
• C. The Bankrupt Customer Collection job is automatically submitted to close all open transactions for the customer.
• D. Collection activities are suspended, delinquent transactions no longer appear on the Collections Work Area and customer status is changed to Bankrupt.

Answer: D

NEW QUESTION # 107
Given the default system options:

Which two instances are you required to select for the - require salesperson flag? (Choose two.)

• A. Auto-Invoicing is required
• B. FBDI Loader is required
• C. Revenue accounting is required
• D. Sales credit tracking is required

Answer: C,D

NEW QUESTION # 108
What are three functions of the Create Automatic Receipt Write-offs program? (Choose three.)

• A. scheduling periodic write-offs as receipt adjustments for old remaining balances
• B. scheduling periodic write-offs as receipt adjustments for small remaining balances
• C. scheduling periodic write-offs to occur in future periods
• D. limiting write-offs by a percentage of the original receipt amount
• E. creating write-offs for specific currencies and customers

Answer: B,D,E

NEW QUESTION # 109
Which two statements are true about Accounting for Tax on Receivables? (Choose two.)

• A. For Credit memos, if the profile "AR: Use Invoice Accounting for Credit Memos" is set to No, Receivables derive the tax account from auto-accounting.
• B. For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables use the tax account that is defined on the receivable activity.
• C. For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables use the tax account of the tax code.
• D. For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables derive the tax account from auto-accounting.
• E. For Credit memos, if the profile "AR: Use Invoice Accounting for Credit Memos" is set to Yes, Receivables derive the item distribution from the invoice and the tax account from auto-accounting.
• F. For Miscellaneous receipts, if the receivable activity tax rate code source is Activity for the activity type of Miscellaneous Cash, Receivables use the tax account that is defined on the receivable activity.

Answer: B,E

NEW QUESTION # 110
When running the delinquency process for a customer, the business unit for which you want to run the process does not appear in the drop-down menu.
Identify the action that you need to take.

• A. Only business units that the user has access to will appear in the list of values. Modify the security options to provide access to the user.
• B. Click the Settings button to apply appropriate settings so that the business unit appears in the drop-down menu.
• C. Business unit is not a required option on the Parameters tab to run the delinquency process.
• D. Select the check box to enter the default business unit if it does not appear in the drop-down menu.

Answer: A

NEW QUESTION # 111
Where is the summary delinquency data displayed In the Collections Work Area?

• A. Transactions Tab
• B. Aging Tab
• C. History Tab
• D. Profile Tab

Answer: B

NEW QUESTION # 112
What are the three seeded contract configuration rules that Revenue Management provides to automatically create contracts? (Choose three.)

• A. by Source Document Line andtime frame
• B. by Customer and time frame
• C. by Item and time frame
• D. by Source Document and time frame
• E. by Quote Number and time frame

Answer: A,C,D

NEW QUESTION # 113
When a customer opts to make a payment by a credit card, this receipt is identified as a(n) _______________.

• A. manual receipt
• B. AutoLockbox receipt
• C. miscellaneous receipt
• D. quick cash receipt
• E. automatic receipt

Answer: E

NEW QUESTION # 114
Which two setups are required to create bills receivables? (Choose two.)

• A. Customer account site with purpose of drawee
• B. Bills Receivable Receipt method
• C. Statement cycles
• D. Bills Receivable Matching Rules
• E. Lockbox

Answer: B,C

NEW QUESTION # 115
Which two statements are true about processing Receivables adjustments that impact tax amounts?

• A. Receivables can look at the adjustment activity and retrieve the tax rate code.
• B. Receivables can look at System Options and retrieve the tax rate code.
• C. Receivables can look at invoice and retrieve the tax rate code.
• D. There is no need to retrieve the tax rate code.

Answer: B,C

NEW QUESTION # 116
......

Realistic TestSimulate 1z0-1056-22 Dumps PDF - 100% Passing Guarantee: https://www.testsimulate.com/1z0-1056-22-study-materials.html