Free Oracle 1Z0-1056-25 Exam Questions

Become Oracle Certified with updated 1Z0-1056-25 exam questions and correct answers

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Total 180 Questions | Updated On: Mar 12, 2026

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Question 1

Identify two credit memo options. (Choose two.)

A : Tax only

B : Advance

C : Invoice lines

D : Paid amount only

Answer: A,D

Question 2

As an Implementation Consultant, you want to define approval limits for Receivables.

Which two statements are correct? (Choose two.)

A : The approval limits are used by the auto adjustment program.

B : The approval limits are set per user, document type, and currency.

C : The implementation user can create their own approval limits.

D : The approval limits per user and per currency are shared across the document types.

Answer: C,D

Question 3

Identify the dunning letter template set provided by an application.

A : Soft, Regular, Hard

B : Regular, Medium, Hard

C : Final Demand, Soft, Medium

D : Regular, Final Demand, Medium

Answer: C

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

Which flexfields are required to be used by auto invoice to identify transactions and transaction lines, if you load the interface using a customized form?

A : Linelevel transaction flexfield, Header-level transaction flexfield, Reference flexfield

B : Linelevel transaction flexfield, Header-level transaction flexfield

C : Linelevel transaction flexfield, Invoice transaction flexfield, Reference flexfield, Link to transaction flexfield

D : Linelevel transaction flexfield, Header-level transaction flexfield, Link to transaction flexfield

Answer: C

Page: 1 / 36

Total 180 Questions | Updated On: Mar 12, 2026

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