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: Oct 29, 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 two items are required for customer invoicing? (Choose two.)

A : Lockbox

B : Customers

C : Remit-to-address

D : Customer Profile Class

Answer: A,D

Question 3

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 4

When you move revenue on an invoice line from an unearned account to an earned revenue account, Receivables ______________.

A : removes the invoice line revenue contingencies

B : leaves the invoice line revenue contingencies until Automatic Revenue Recognition is run

C : removes the pending sales credits

D : leaves the invoice line revenue contingencies until Reconcile Revenue Contingencies is run

Answer: A

Question 5

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

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

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

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

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

Answer: D

Page: 1 / 36

Total 180 Questions | Updated On: Oct 29, 2025

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