Free Oracle 1Z0-1056-26 Exam Questions

Become Oracle Certified with updated 1Z0-1056-26 exam questions and correct answers

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Total 180 Questions | Updated On: Aug 03, 2026

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Question 1

Your customer has three business units. The customer wants to share customer account addresses across these business units.Which reference data set can be used to achieve this?

A : Create a new reference data set for account addresses and assign it to the business units.

B : Assign a COMMON reference data set to the business units, which share the account addresses.

C : Assign an enterprise reference data set to the business units, which share the account addresses.

D : Create a separate reference data set for each business unit and assign it to each unit

Answer: B

Question 2

Which three interest rate calculation formula methods are supported in Receivables? (Choose three.)

A : Average

B : Flat Rate

C : Declining Balance

D : Simple

E : Compound

Answer: A,B,D

Question 3

Which configuration task needs to be completed before you can create Bills Receivables for a customer?

A : Define approval limits.

B : Define standard memo lines.

C : Define revenue scheduling rules.

D : Define drawee site.

Answer: A

Question 4

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, DiscountGrace 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

Question 5

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

Page: 1 / 36

Total 180 Questions | Updated On: Aug 03, 2026

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