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Oracle 1Z0-1056-24 Exam Syllabus Topics:

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. Identify the receivables system option that relates to customers.

A) Default Country
B) Automatic Site Numbering
C) Reciprocal Customer
D) Receipt Method

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

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

3. Your organization is looking to adopt a flexible approach to control the creation of claims investigation when the lockbox files contain invalid positive remittance references. This feature helps manage lockbox files that encounter invalid transaction numbers for receipts with customer assignment.
When this option is enabled in the Manage Receivables System Options task, which process must be run in Scheduled Processes to process Lockbox Receipts with invalid transaction referenced?

A) Process Lockbox Receipts
B) Process Receipts through Lockbox
C) Process Lockbox Receipts and Remittance Reference
D) Process Receipts and Remittances through Lockbox

4. After creating Receivables Activities using the General Ledger Rapid Implementation workbook upload process a Receivables Manager wants to review and make changes if required, to the account assignments created for these Receivables Activities.
Which two Receivables Activities DO NOT have account assignments to review and change?

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

5. Which two determinant types are used in reference data assignment? (Choose two.)

A) Account Segment
B) Project unit
C) Project Segment
D) Business Unit

Solutions: