최신 1z0-1056-22 무료덤프 - Oracle Financials Cloud: Receivables 2022 Implementation Professional

문제1

Your customer has three sites defined in the system, site 1, site 2, and site 3. All sites have their own billing strategy defined and Balance Forward Billing is enabled for site 1 and Site 2 at the account level.
How will bills be generated?

A. Sites 2 and 3 activities will be included in a single bill.

B. Sites 1 and 2 activities will be included in a single bill.

C. Sites 1 and 3 activities will be included in a single bill.

D. Sites 1, 2, and 3 activities will be included in a single bill.

정답: B

문제2

Which statement is true about Balance Forward Billing?

A. Balance Forward Bills must be enabled at each bill-to-site level.

B. Balance Forward Bills can be created for a future date.

C. The Balance Forward Bill of a previous cycle need not be generated as Final to generate the Balance Forward Bill of the current cycle.

D. Transactions included on a Balance Forward Bill can be updated.

정답: A

문제3

Identify the receivables system option that relates to customers.

A. Default Country

B. Automatic Site Numbering

C. Receipt Method

D. Reciprocal Customer

정답: A,C

문제4

What is the order used to group transaction lines during the AutoInvoice Import process?

A. System options, Customer Site Profile, Transaction Source, Customer Account Profile

B. Transaction Source, Customer Account Profile, Customer Site Profile, system options

C. Transaction Source, Customer Account Profile, system options, Customer Site Profile

D. Transaction Source, Customer Site Profile, Customer Account Profile, system options

정답: D

문제5

A client rents equipment for special events. They have the following invoicing requirements: invoice must De entered and be due either immediately, or 20 or 10 days before the event. The Deferred Event Revenue Account for Rentals is to be credited at the time of invoice booking. After the events occur, the client wants all lines to debit the Deferred Event Revenue Account and credit the Event Revenue.
How can you meet this requirement?

A. Create a Revenue Contingency with Revenue Policy as Credit, Contingency Primary Removal Event as Milestone Billing, and Optional Removal Event as Fulfillment Date.

B. Create a Revenue Contingency with Revenue Policy as None, Contingency Primary Removal Event as Invoicing, and Optional Removal Event as Transaction Date, with Transaction Date being the Event Date.

C. Create a Revenue Contingency with Revenue Policy as None, Contingency Primary Removal Event as Contingency Expiration, and Optional Removal Event as Transaction Date, with Transaction Date being the Event Date.

D. Create a Revenue Contingency with Revenue Policy as None and Contingency Primary Removal Event as Payment.

정답: D

문제6

You created an Auto cash Ruleset where the first rule to be applied to receipts is Match Payments with Invoice. Discount = Earned Only, Late charges = NO, Receipt = $900, Receipt date = 14-Feb-2020, Discount Grace Days = 5.
Which transaction will be applied to the receipt?

A. Invoice Amount: $800, Payment Terms: 10% 10/Net 30, Invoice Date: 01-Feb-2020, Due Date: 24-Feb-2020

B. Invoice Amount: $1000, Payment Terms: 10% 10/Net 30, Invoice Date: 01-Feb-2020, Due Date: 28-Feb 2020

C. Invoice Amount: $800, Payment terms: 10% 10/Net 30, Invoice Date: 01 Feb 2020, Due Date: 28-Feb-2020

D. Invoice Amount: $800, Payment Terms: 10% 10/Net 30, Invoice Date: 01 Feb 2020, Due Date: 20-Feb-2020

정답: D

문제7

Which two statements are true regarding the Promise to Pay feature in the Collections application?

A. You cannot cancel a promise made in error if it is before the promise due date.

B. Mass promise to pay amounts automatically become partial payments.

C. You can cancel a promise made in error if it is before the promise due date.

D. Promise information is updated by scheduling the Promise Reconciliation process.

정답: B

문제8

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

A. Tasks assigned to the collector such as follow-up calls.

B. List of broken payment promises.

C. List of delinquent customers.

D. Summary of aged transactions.

정답: A

문제9

When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition.
Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two.)

A. Time-based contingencies must not expire before the contingency can be removed and revenue recognized.

B. Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet.

C. Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized.

D. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.

E. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

정답: D,E

문제10

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 allocated amount for all performance obligations in the customer contract

B. the SSP amounts for all performance obligations in the customer contract

C. the selling price for all performance obligations in the customer contract

D. the billing amount for all performance obligations in the customer contract

E. the extended SSP amounts for all performance obligations in the customer contract

정답: D

최신 1z0-1056-22 무료덤프 - Oracle Financials Cloud: Receivables 2022 Implementation Professional

우리와 연락하기

유용한 링크

최신 업데이트