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Oracle 1Z0-1056-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Receivables Configuration | - System Setup
|
| Collections and Billing Extensions | - Advanced Receivables Functions
|
| Processing Customer Payments | - Receipt Management
|
| Managing Customer Billing | - Transaction Processing
|
| Customer and Account Configuration | - Customer Setup
|
Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:
Company ABC wants their logo displayed in all customer invoices. How do you meet this business requirement?
- A. Use Web Services to integrate with an external system that can handle this requirement.
- B. Enable the setting "Allow Change to Printed Transactions" in Receivables System Options.
- C. Extend the "Print Receivables Transactions" program.
- D. Modify the Invoice Print Layout Bill Presentment Template.
Correct Answer: A 🗳️
Which two determinant types are used in reference data assignment? (Choose two.)
- A. Project Segment
- B. Business Unit
- C. Account Segment
- D. Project unit
Correct Answer: B,D 🗳️
In which two ways would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for performance obligations over time? (Choose two.)
- A. by setting SM to "Requires Complete" and SMM to "Percent"
- B. by setting SM to "Allow Partial" and SMM to "Percent"
- C. by setting SM to "Requires Complete" and SMM to "Period"
- D. by setting SM to "Allow Partial" and SMM to "Period"
- E. by setting SM to "Requires Complete" and SMM to "Quantity"
Correct Answer: A,D 🗳️
Which predefined dunning letter template is available in the Collections application
- A. Soft, Regular, Medium, Hard
- B. Regular, Medium, Hard, Easy
- C. Soft, Medium, Hard, Final
- D. Regular, Medium, Hard, Difficult
Correct Answer: C 🗳️
In Advanced Collections, scoring formulas are used to effectively manage your collection activities and strategies. Scoring formulas contain data points that help determine the collectability of your outstanding balances. To determine the number of days passed since the last payment was received from a customer, you can use the Age of Latest Payment data point.
At which details?
- A. Site
- B. Customer
- C. Account
- D. Party
- E. Site Address
- F. Organization
Correct Answer: A 🗳️
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