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Oracle 1Z0-1056-24 Exam Syllabus Topics:

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. The Billing Manager has navigated to the Billing Work Area to review incomplete transactions.
Which link on the Incomplete Infotile will provide detailed information on the most recent incomplete transactions?

A) 10+Days Link
B) 0-10 Days Link
C) 20+ Days Link
D) 0-5 Days Link

2. You are investigating the Receivables to General Ledger Reconciliation report and must explain any variances to your Accounting Manager.
What two variance amounts should you expect to investigate in this report?

A) Intercompany Variance
B) Accounting Variance
C) Tax Variance
D) Receivables Variance

3. Manage Receipt Classes and Methods
Scenario
Supremo US Business unit needs to capture customer payments that will be reconciled in the Cash Management application. You need to define a receipt class and receipt method, and assign the appropriate bank account to meet this requirement.
Task:
Define Remittance Bank Account where:
Bank Account is associated with Receipt Method
Primary bank account is linked the Denver branch of Bank of America
Bank account number ends with 2870
Remittance bank account is effective as of January 1, 2023
GL Accounts section must contain the values below for company segment 120 Supremo Fitness

4. What is required to register an external user to Bill Management?

A) a customer account contact with the responsibility types bill to and ship-to
B) a customer account contact with a valid email address
C) a customer account contact with a valid mailing address
D) a customer account contact with a valid mobile number

5. You are trying to migrate the Subledger Accounting setup by using the Export and Import functionality in the Setup and Maintenance work area.
The import process, however, returns errors. Identify two reasons for the import failure.

A) an inactive Journal Entry Rule Set
B) an inactive Accounting Method
C) an inactive Mapping Set
D) an inactive Journal Line Type

Solutions: