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Oracle 1Z0-1056-24 Exam Syllabus Topics:

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

Question 1

Which role provides access to Receivables - Revenue Adjustments Real Time OTBI Subject area?

A. Billing Specialist
B. Accounts Receivable Specialist
C. Accounts Receivable Manager
D. Revenue Manager

Question 2

What information does the Collector see in the Activities List area of the Collections Dashboard?

A. customer search as per the parameter specified
B. tasks assigned to the Collector, such as follow-up calls
C. summary of aged transactions
D. status of processing activities from the Process Monitor
E. customer's profile for each assigned customer

Question 3

Which statement is true about AutoAccounting?

A. IfAutoAccounting cannot determine all the accounting flexfield segments, it derives what it can and displays an incomplete accounting flexfield.
B. You cannot override the default General Ledger accounts thatAutoAccounting creates.
C. AutoAccounting is set up at the Legal Entity level.
D. AutoAccounting is used to determine the default General Ledger accounts only for transactions that you import by using AutoInvoice.

Question 4

Upon approval of a remittance batch of type Factored with Recourse, the Receivables application creates a receipt and establishes risk.
How does Receivables establish risk?

A. By recording short-term debt
B. By creating an on-account credit memo
C. By generating a bills receivables adjustment
D. By recording an entry to the Remitted Bills Receivable account

Question 5

To meet the business needs of most organizations, "Common Set" is seeded InFusion for all set-enabled objects with the exception of _________________.

A. Customer Site
B. AutoMatch Rule Sets
C. Revenue Scheduling Rules
D. Aging Methods
E. AutoCash Rules

Solutions: