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Oracle 1Z0-1056-24 Exam Syllabus Topics:

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. Your client processes many customer refunds on a regular basis and would like to have information about recent refunds (including their status) for analytical purposes.
What should you do to meet this requirement in an efficient manner?

A) Search in the Receivables "Manage Credit Memo Applications" page, then export results to Excel.
B) Run the predefined Transaction Details Report.
C) Create an Oracle Transactional Business Intelligence (OTBI) analysis.
D) Search in the Payables "Manage Payments" page, then export results to Excel.

2. Your client performs many customer refunds and would like to search for real-time Receivables Refunds Status easily.
What should you do to meet this requirement?

A) Create a Real Time Report by using Oracle Transactional Business Intelligence (OTBI).
B) Query each customer refund and verify the Refund Status.
C) Create an Oracle Business Intelligence Applications (OBIA) Report.
D) Create a Business Intelligence Publisher Report because you cannot create an OTBI Report for refunds.

3. Which information does the collector see after clicking on the Activities Infotile in the Collections Work Area?

A) Summary of aged transactions.
B) Tasks assigned to the collector such as follow-up calls.
C) List of broken payment promises.
D) List of delinquent customers.

4. Which method is used to allocate total transaction price across performance obligations in Revenue Management?

A) Two Step Allocation Method
B) Residual Allocation Method
C) Alternative Allocation Method
D) Relative Allocation Method
E) Inverted Allocation Method

5. What are the three seeded contract configuration rules that Revenue Management provides to automatically create contracts? (Choose three.)

A) by Customer and time frame
B) by Quote Number and time frame
C) by Source Document Line andtime frame
D) by Item and time frame
E) by Source Document and time frame

Solutions: