Download Oracle.1z0-1006.Test4Prep.2019-12-13.48q.tqb
| Vendor: | Oracle |
| Exam Code: | 1z0-1006 |
| Exam Name: | Oracle Financials Cloud: Receivables 2018 Implementation Essentials |
| Date: | Dec 13, 2019 |
| File Size: | 172 KB |
| Downloads: | 1 |
Demo Questions
Question 1
A customer calls the Accounts Receivables department and asks for the balance of all invoices that are due in the next 30 days. The customer also has a question about a specific invoice line.
As a Billing Specialist, which action should you take?
- Navigate to the “Credit Reviews” Work Area and do research for the customer in question.
- Search for open invoices and debit memos in the “Manage Customers” page.
- Search for open invoices and debit memos in the “Manage Transactions” page.
- Search for the information in the “Review Customer Account Details” page.
Correct answer: D
Question 2
Advanced Collections allows you to assign one or more collectors – along with the primary collector – to create a Collector Group. All collectors who belong to a group can then perform the same collections activities.
Which statement listed below is NOT accurate in relation to the Collector Group feature?
- Collectors who belong to the same Collector Group can reassign strategy tasks to themselves or to other collectors in the group.
- The Collections Work Area has been enhanced to support Collector Group usage.
- Collection Groups are defined in the “Manage Resources” page.
- Collectors can always be assigned to more than one active Collector Group.
Correct answer: D
Question 3
When discussing the Receivables to Ledger Reconciliation Report with your customer, you are asked a number of questions about how to run the report. Which statement is true?
- You can include or exclude intercompany transactions, or you can reconcile by intercompany activity only.
- You can select only a Closed accounting period.
- You cannot exclude on-account activities, unapplied receipts, and unidentified receipts.
- You can exclude unidentified receipts, but you cannot exclude on-account activities and unapplied receipts.
Correct answer: A
