File Info
| Exam | Oracle Financials Cloud: Receivables 2019 Implementation Essentials |
| Number | 1z1-1056 |
| File Name | Oracle.1z1-1056.CertDumps.2020-02-02.10q.vcex |
| Size | 12 KB |
| Posted | Feb 02, 2020 |
| Download | Oracle.1z1-1056.CertDumps.2020-02-02.10q.vcex |
How to open VCEX & EXAM Files?
Files with VCEX & EXAM extensions can be opened by ProfExam Simulator.
Coupon: MASTEREXAM
With discount: 20%
Demo Questions
Question 1
A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on open invoices, but some of the amounts have exceeded the Billing Specialist's approval limits.
What would be the result?
- The program can be run only if the amount is within the Billing Specialist's approval limits.
- The program creates the adjustments with a status of Pending Approval for the amount that exceeds the Billing Specialist's approval limits.
- The program creates the adjustments with a status of Rejected for the amount that exceeds the Billing Specialist's approval limits.
- The program creates the adjustments only for the amounts within the Billing Specialist's approval limits.
Correct answer: B
Explanation:
Reference: https://docs.oracle.com/cd/A60725_05/html/comnls/us/ar/adjust.htm#n_adj Reference: https://docs.oracle.com/cd/A60725_05/html/comnls/us/ar/adjust.htm#n_adj
Question 2
Which two statements are true about configuring Collection Strategies?
- You need to define an Aging Method that meets the requirements of your organization.
- You need to create Strategy Tasks of the type "Automatic" only.
- You need to SGI the (Collections Method to Strategies for the relevant business unit.
- You need to create Scoring Formulae (or use predefined Scoring Formulas).
Correct answer: BD
Question 3
You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows. Business Unit X has a set assignment of Enterprise Set for payment terms.
Payment Term = Net 30; Reference Data Set = Enterprise Set
Payment Term = Net 45; Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30; Reference Data Set = USA Set
Payment Term = Net 45; Reference Data Set = USA Set
If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?
- Net 45 (Enterprise Set), Net 45 (USA Set)
- Net 30 (Enterprise Set), Net 45 (USA Set)
- 1%/10 Net 30 (USA Set), Net 45 (USA Set)
- Net 30 (Enterprise Set), Net 45 (Enterprise Set)
Correct answer: D
Question 4
Company ABC wants their logo displayed in all customer invoices. How do you meet this business requirement?
- Use Web Services to integrate with an external system that can handle this requirement.
- Modify the Invoice Print Layout Bill Presentment Template.
- Extend the "Print Receivables Transactions" program.
- Enable the setting "Allow Change to Printed Transactions" in Receivables System Options.
Correct answer: A
Question 5
You are a functional user who has been tasked with creating an Oracle Transactional Business Intelligence (OTBI) analysis. You are still learning how to use OTBI, and the analysis you need to create is not complex.
Which tool should you use to create this analysis?
- BI Publisher
- Dashboard Builder
- BI Answers
- BI Composer
Correct answer: A
