Free 1Z0-1056-24 Practice Exam Questions Online

Why Oracle 1Z0-1056-24 Practice Exam Questions?

Ready to level up your Oracle 1Z0-1056-24 exam study? Just TheExamsLab 1Z0-1056-24 practice tests free.

1Z0-1056-24 exam questions are expertly crafted practice tests designed to simulate the real Oracle certification exam environment and help you assess your knowledge and figure out where you are lacking. From our free Oracle Financials Cloud: Receivables 2024 Implementation Professional 1Z0-1056-24 practice exam, you will feel secure in passing any question type or time limit. TheExamsLab offers the 1Z0-1056-24 exam questions 2024. Don’t settle or do it half-heartedly get the best and invest in the best what you want is what you get.

Page: 1 / 36

Total 180 Questions | Updated On: Nov 21, 2024

Add To Cart

Question 1

In Collections, strategies can be executed based on the wait times defined on a strategy task. When the feature is enabled, you can also assign wait times for strategies based on their transaction type. Which condition must be set for the transaction level when defining a new strategy task by transaction type?

A : Days Early

B : Time

C : DaysLate

D : Not Applicable

Answer: C

Question 2

In which two ways would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for performance obligations over time? (Choose two.)

A : by setting SM to 'Requires Complete' and SMM to 'Period'

B : by setting SM to 'Allow Partial' and SMM to 'Percent'

C : by setting SM to 'Allow Partial' and SMM to 'Period'

D : by setting SM to 'Requires Complete' and SMM to 'Quantity

E : by setting SM to 'Requires Complete' and SMM to 'Percent'

Answer: A,C

Question 3

Your customer upload batch completes with an error and you identify the error as being due to incorrect payment method.

Which action should you take the resolve the Issue?

A : Use the Customer Data Exceptions spreadsheet.

B : Use the Customer Payment Method Exceptions spreadsheet.

C : Troubleshoot In the Manage Customers page.

D : Correct error and resubmit the batch.

Answer: B

Question 4

You are not able to initiate a bankruptcy request at the customer site level on behalf of a customer.

Which two conditions are failing? (Choose two.

A : Preferences must be enabled and Enable Bankruptcy must be set to Yes for the customer.

B : The Collections Administrator creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should have the Collection Manager and Customer Profile Administrator roles assigned.

C : Preferences must be enabled and Enable Bankruptcy must be set to Yes in Manage Collections Preferences in the Functional Setup Manager for Advanced Collections.

D : The Collections Manager creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should be configured as a resource.

E : Bankruptcy must be applied at the customer level, which includes all transactions at the customer, account, and Site levels.

F : The customer does not have the default strategy and default collector assigned at the customer account and site level.

Answer: B,C

Question 5

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

Page: 1 / 36

Total 180 Questions | Updated On: Nov 21, 2024

Add To Cart