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Preparation has gone digital for good reason, and the 1Z1-1056 materials at Actual4Labs make the case clearly: 110 practice questions for the 1Z1-1056 exam living on your phone instead of in a heavy bag, verified answers included, readable any hour of the day anywhere in the world.
| Section | Objectives |
|---|---|
| Topic 1: Receipts and Cash Management | - Receipt creation and application
|
| Topic 2: Reporting and Integration | - Standard reporting
|
| Topic 3: Receivables Setup and Configuration | - Customer setup and maintenance
|
| Topic 4: Transaction Processing | - Invoicing and billing
|
| Topic 5: Collections and Credit Management | - Credit management configuration
|
Which four output file types are available when you run the "Print Receivables Transactions" program?
Correct Answer: A,C,D,F 🗳️
You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows. Business Unit X has a set assignment of Enterprise Set for payment terms.
Payment Term = Net 30; Reference Data Set = Enterprise Set
Payment Term = Net 45; Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30; Reference Data Set = USA Set
Payment Term = Net 45; Reference Data Set = USA Set
If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?
Correct Answer: B 🗳️
Identify two late charge interest calculation methods. (Choose two.)
Correct Answer: A,D 🗳️
Which statement is true when you create an Implementation Project for Oracle Financials Cloud?
Correct Answer: B 🗳️
Which three actions can be performed in the Collections Work Area, which will have an impact on the collection process?
Correct Answer: A,B,C 🗳️
Viewing page 1 out of 22 pages.
Viewing questions 1-5 out of 110 questions.
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