Free Practice Oracle 1D0-1056-24-D Exam Questions 2025

Stay ahead with 100% Free Oracle Financials Cloud: Receivables 2024 Implementation Professional - Delta 1D0-1056-24-D Dumps Practice Questions

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Total 154 Questions | Updated On: Feb 20, 2025

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Question 1

A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).

When will revenue be recognized?

A : only after manual intervention

B : after 100 days

C : immediately

D : after 60 days

Answer: B

Question 2

Your client processes many customer refunds on a regular basis and would like to have information about recent refunds (including their status) for analytical purposes.

What should you do to meet this requirement in an efficient manner?

A : Create an Oracle Transactional Business Intelligence (OTBI) analysis.

B : Search in the Receivables ''Manage Credit Memo Applications'' page, then export results to Excel.

C : Run the predefined Transaction Details Report.

D : Search in the Payables ''Manage Payments'' page, then export results to Excel.

Answer: A

Question 3

The Business Intelligence repository contains metadata that defines columns, which you can include in an analysis.

Which three types of columns are available when you create or edit an analysis? (Choose three.)

A : Hierarchy

B : Function

C : Fact

D : Attribute

E : Sum

Answer: A,C,D

Question 4

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

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

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

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

Answer: B

Question 5

Three salespersons are assigned to a transaction line with a revenue split of 40:50:10. If you transfer 5% to a new sales person, what is the new revenue split between the four sales persons?

A : 38.34 : 48.34 : 8.32 : 5

B : 35: 45 : 5: 5

C : 38: 47.5: 9.5: 5

D : 40: 50: 5: 5

Answer: D

Page: 1 / 31

Total 154 Questions | Updated On: Feb 20, 2025

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