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Oracle 1Z0-1056-24 Exam Syllabus Topics:

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. When entering the Customer import upload spreadsheet, which two columns, if populated with *NULL will remove the existing values on loading?

A) Credit Review Cycle
B) Order line Credit Limit
C) First Review Date
D) Credit Limit

2. How can a Collector assigned to a Customer modify a strategy that is assigned from the Collections Dashboard?

A) The Collector can modify the strategy from the Profile > Strategies tab.
B) Only a Collections Administrator can modify the strategy.
C) The strategy can be modified from the Manage Customers page.
D) A strategy is automatically assigned based on Scoring and cannot be manually assigned to a Customer by a Collector.

3. Identify two late charge interest calculation methods. (Choose two.)

A) Previous Balance
B) Average Daily Balance
C) Overdue Transactions only
D) Adjusted Balance

4. You are an IT contractor for a client who wants to increase internal controls on bank accounts set up in the Cash Management application. According to their new policy, a Cash Manager s ability to add. review, or make changes to bank accounts must be regionalized and restricted by their org structure.
Which statement is true about the restrictions applied to the setup?

A) Cash Managers can create and manage bank accounts for only those business units to which they are given access.
B) Cash Managers can only create but not manage bank accounts for those legal entities to which they are given access.
C) Cash Managers can create and manage bank accounts for only those legal entities to which they are given access.
D) Cash Managers cannot create but only manage bank accounts for those legal entities to which they are given access.

5. Where is the summary delinquency data displayed In the Collections Work Area?

A) Profile Tab
B) Transactions Tab
C) History Tab
D) Aging Tab

Solutions: