Free PDF Questions For Oracle 1Z0-1056-20 Exam, 110QAs

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Page: 1 / 22
Total Questions: 110

Questions & Answers PDF

• Question 1

  

  Which configuration step is required for processing Collections disputes?

  • Define Aging Method to be used with disputed transactions.
  • Define Dispute Thresholds in Collections Preferences.
  • Set ''Send Dispute Notice'' Option to ''Yes'' in Collections Preferences.
  • Define a ''Collections'' Approval Group as well as a ''Billing'' Approval Group in the BMP Worklist.

  Reveal Answer Answer: 2 Next Question

• Question 2

  

  Which three benefits do intercompany reconciliation reports provide to an accountant?

  • Comparing receivables and payables account balances and identifying discrepancies.
  • Displaying intercompany receivables and payables balancing lines.
  • Identifying transaction portions (either receiver or provider side) that have not posted to General Ledger.
  • Displaying clearing company balancing lines.

  Reveal Answer Answer: 1, 2, 3 Next Question

• Question 3

  

  Which information does the collector see after clicking on the Activities Infotile in the Collections Work Area?

  • Tasks assigned to the collector such as follow-up calls.
  • Summary of aged transactions.
  • List of broken payment promises.
  • List of delinquent customers.

  Reveal Answer Answer: 1 Next Question

• Question 4

  

  Which four output file types are available when you run the ''Print Receivables Transactions'' program?

  • JPG
  • PDF
  • Excel
  • HTML
  • Word
  • Zipped PDFs

  Reveal Answer Answer: 2, 3, 4, 6 Next Question

• Question 5

  

  Which two statements are true about processing Receivables adjustments that impact tax amounts?

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

  Reveal Answer Answer: 1, 4 Next Question

Page: 1 / 22
Total Questions: 110

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