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Oracle 1Z0-1056-24 Exam Syllabus Topics:

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. What information does the Collector see in the Activities List area of the Collections Dashboard?

A) customer search as per the parameter specified
B) customer's profile for each assigned customer
C) tasks assigned to the Collector, such as follow-up calls
D) status of processing activities from the Process Monitor
E) summary of aged transactions

2. Your company wants to generate Intercompany transactions only if the amount Involved is equal to or greater than $3,000 USD.
How should you configure Intercompany System Option*; to meet this requirement?

A) Set "Minimum Transaction Amount" to 3,000 and "Minimum entered Currency" to USD.
B) Set "Minimum Invoice Amount" to 3,000 and "Invoice Currency" to USD in Payables Invoice Options and Receivables System Options.
C) Define intercompany approval rule, to automatically reject intercompany transactions that do not meet the minimum amount requirement.
D) Set "Minimum Transaction Amount" to 2,999.99 and "Minimum Entered Currency" to ALL

3. Which two initial tasks need to be completed in the Customer Account Profile page in order to generate and deliver XML invoices under the OAGIS (Open Applications Group Integration Specification) 10.1 format?

A) Select the Enable XML Invoicing Check Box for Relevant Transaction Classes
B) Select the Enable OAGIS 10.1 XML Format Check Box
C) Set Preferred Contact Method to XML
D) Set Preferred Delivery Methods to Email
E) Set Preferred Delivery Method to XML

4. Identify the dunning letter template set provided by an application.

A) Regular, Final Demand, Medium
B) Final Demand, Soft, Medium
C) Regular, Medium, Hard
D) Soft, Regular, Hard

5. You are an IT contractor for a client who wants to increase internal controls on bank accounts set up in the Cash Management application. According to their new policy, a Cash Manager s ability to add. review, or make changes to bank accounts must be regionalized and restricted by their org structure.
Which statement is true about the restrictions applied to the setup?

A) Cash Managers can create and manage bank accounts for only those business units to which they are given access.
B) Cash Managers can create and manage bank accounts for only those legal entities to which they are given access.
C) Cash Managers can only create but not manage bank accounts for those legal entities to which they are given access.
D) Cash Managers cannot create but only manage bank accounts for those legal entities to which they are given access.

Solutions: