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Oracle 1Z0-1056-24 Exam Syllabus Topics:

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

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

A) Manage Receipt Remittance Batches
B) Create Automatic Receipts
C) Correct Funds Transfer Errors
D) Lockbox Transmission History
E) Create Receipt Remittance Batch

2. Your client performs many customer refunds and would like to search for real-time Receivables Refunds Status easily.
What should you do to meet this requirement?

A) Create an Oracle Business Intelligence Applications (OBIA) Report.
B) Create a Real Time Report by using Oracle Transactional Business Intelligence (OTBI).
C) Create a Business Intelligence Publisher Report because you cannot create an OTBI Report for refunds.
D) Query each customer refund and verify the Refund Status.

3. What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?

A) the selling price for all performance obligations in the customer contract
B) the billing amount for all performance obligations in the customer contract
C) the allocated amount for all performance obligations in the customer contract
D) the SSP amounts for all performance obligations in the customer contract
E) the extended SSP amounts for all performance obligations in the customer contract

4. To determine the best approach to converting a client's data, you must know which setup is set-enabled and can be shared.
Identify three set-enabled setups in Receivables. (Choose three.)

A) Receivable Specialists
B) Revenue Contingencies
C) Revenue Types
D) Collectors
E) Standard Memo Lines

5. What are three functions of the Create Automatic Receipt Write-offs program? (Choose three.)

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

Solutions: