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Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions (Q113-Q118):

NEW QUESTION # 113
What are three functions of the Create Automatic Receipt Write-offs program? (Choose three.)

A. creating write-offs for specific currencies and customers
B. limiting write-offs by a percentage of the original receipt amount
C. scheduling periodic write-offs as receipt adjustments for old remaining balances
D. scheduling periodic write-offs to occur in future periods
E. scheduling periodic write-offs as receipt adjustments for small remaining balances

Answer: A,B,E

NEW QUESTION # 114
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.

Answer: A

NEW QUESTION # 115
What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?

A. the selling price for all performance obligations in the customer contract
B. the billing amount for all performance obligations in the customer contract
C. the SSP amounts for all performance obligations in the customer contract
D. the extended SSP amounts for all performance obligations in the customer contract
E. the allocated amount for all performance obligations in the customer contract

Answer: B

NEW QUESTION # 116
What validation step is required for implementing dispute processing?

A. All transactions are of the invoice type.
B. Periods for which the transaction can be disputed are Open.
C. The Recognize Revenue Program is scheduled.
D. BPM Work List for approval configuration is validated.

Answer: D

NEW QUESTION # 117
What are the three seeded contract configuration rules that Revenue Management provides to automatically create contracts? (Choose three.)

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

Answer: A,B,D

NEW QUESTION # 118
......

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Free PDF 2025 Pass-Sure Oracle 1Z0-1056-24: Oracle Financials Cloud: Receivables 2024 Implementation Professional Reliable Learning Materials

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