Free Oracle 1D0-1056-25-D Exam Questions

Become Oracle Certified with updated 1D0-1056-25-D exam questions and correct answers

Page: 1 / 36

Total 180 Questions | Updated On: Aug 03, 2026

Add To Cart

Question 1

A company s policy is always to apply customer payments to debit and credit items, starting with the oldest due date. Which function should you include in the default Auto-cash rule?

A : Clear the past due invoices grouped by payment terms

B : Clear the account

C : Match payment with Invoice

D : Apply to the oldest invoice first

E : Clear past due invoices

Answer: D

Question 2

When entering the Customer import upload spreadsheet, which two columns, if populated with *NULL will remove the existing values on loading?

A : First Review Date

B : Credit Review Cycle

C : Order line Credit Limit

D : Credit Limit

Answer: A,B

Question 3

A Billing Specialist has created and completed an invoice for $100 USD for Customer The Specialist prints the invoice and realizes that the invoice should have been created for Customer B. The accounting for the transaction for Customer A is posted to the General Ledger.

How can this be corrected?

A : Create an adjustment for the entire amount and create a negative adjustment for Customer B.

B : Create an on-account credit memo for $100 USD for the invoice and enter a new invoice for Customer B.

C : Change the status of the invoice to Incomplete and enter a new invoice for Customer B.

D : Navigate to the credit transaction link in the Billing work area, credit the entire amount, and enter a new invoice for Customer B.

Answer: B

Question 4

Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)

A : The Transaction Summary Report shows only transactions with a status of received.

B : The Clearing Company Balancing Lines appear in the Intercompany Reconciliation Summary Report.

C : The Reconciliation Period Summary Report shows the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.

D : The ledger balancing lines are generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.

E : You need to submit the Extract Intercompany Reconciliation Data job.

Answer: C,D

Question 5

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

Page: 1 / 36

Total 180 Questions | Updated On: Aug 03, 2026

Add To Cart