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: Jun 24, 2025

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Question 1

To determine the best approach to converting a client's data, you must know which setup is set-enabled and can be shared.

Identify three set-enabled setups in Receivables. (Choose three.)

A : Collectors

B : Standard Memo Lines

C : Revenue Types

D : Receivable Specialists

E : Revenue Contingencies

Answer: A,B,C

Question 2

Which is NOT a valid Infotile in the Accounts Receivables Work Area?

A : Unidentified Receipts

B : Lockbox Exceptions

C : Receipt Batches

D : Unapplied Receipts

E : Unapplied Credits

Answer: A

Question 3

A Billing Specialist creates an adjustment for an incorrect invoice that exceeds a user's approval limit.

What is the status of the adjustment?

A : Pending Approval

B : Forwarded for Approval

C : Pending Research

D : Approval Required

Answer: A

Question 4

As an implementer. while importing data from a legacy/third-parly system, you forgot to populate the accounting distribution in the RA_INTERFACE_DlSTRIBUTIONS_ALL table. What happens when you run accounting?

A : Invoice will get created but accounting will not be created.

B : It will return an error and the data will be stuck in the interface table.

C : Invoice will be created and the system will use the AutoAccounting configuration to create accounting.

D : Neither invoice nor accounting will be created.

Answer: C

Question 5

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

Page: 1 / 36

Total 180 Questions | Updated On: Jun 24, 2025

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