Oracle 1Z0-1056-24 Exam Real Questions

Prepare and pass your Oracle Financials Cloud: Receivables 2024 Implementation Professional with free 1Z0-1056-24 exam questions.

Page: 1 / 36

Total 180 Questions | Updated On: Oct 08, 2024

Add To Cart

Question 1

You have created two transactions with a 30-day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest.

Which statement is true when the create bills receivable batch is processed for a customer on January 31, 2015?

A : Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 2, 2015.

B : Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as February 28, 2015.

C : Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 30, 2015.

D : o Bills Receivable transactions are created with maturity dates as March 30, 2015 and April 1, 2015.

E : o Bills Receivable transactions are created with the issue dates as January 29, 2015 and January 31, 2015.

F : o Bills Receivable transactions are created with the issue date and accounting date as January 29, 2015 and January 31, 2015, respectively.

Answer: D

Question 2

Which three attributes are displayed in the detail table of the Balance forward Bill infotile? (Choose three.)

A : Due date

B : Amount due on Bill

C : Past due Amount

D : Collector

E : Billing date

Answer: A,B,E

Question 3

What is the impact on transactions of changing the billing cycle for a customer or group of customers?

A : billing cycle does not have any impact on new transactions.

B : isting transactions with no activity retain the old billing cycle.

C : isting transactions with activity adapt the new billing cycle.

D : w transactions after this change inherit the new billing cycle.

Answer: D

Question 4

Which four output file types are available when you run the ''Print Receivables Transactions'' program?

A : G

B : F

C : cel

D : ML

E : rd

F : pped PDFs

Answer: A,B,C,D

Question 5

To determine the best approach to converting a client's data, you must know which setups are Reference: Data Set enabled and can be shared.

Which three are Reference: Data Set enabled setups in Receivables? (Choose three.)

A : venue Contingencies

B : ceivables Activities

C : tomer Account Sites

D : andard Memo Lines

E : venue Transactions

Answer: A,D

Page: 1 / 36

Total 180 Questions | Updated On: Oct 08, 2024

Add To Cart