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Free Oracle 1Z0-1056-24 Exam Questions

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  • Oracle 1Z0-1056-24 Exam Questions
  • Provided By: Oracle
  • Exam: Oracle Financials Cloud: Receivables 2024 Implementation Professional
  • Certification: Oracle Financials Cloud
  • Total Questions: 180
  • Updated On: Nov 12, 2024
  • Rated: 4.9 |
  • Online Users: 360
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  • Question 1
    • 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, Discount
      Grace Days = 5.
      Which transaction will be applied to the receipt?

      Answer: B
  • Question 2
    • A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).
      When will revenue be recognized?

      Answer: B
  • 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?


      Answer: D
  • 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? 

      Answer: C
  • Question 5
    • When entering the Customer import upload spreadsheet, which two columns, if populated with *NULL will remove the existing values on loading?

      Answer: A,B
PAGE: 1 - 36
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