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Oracle 1z0-1056-23 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1056-23
Exam Name:
Oracle Financials Cloud: Receivables 2023 Implementation Professional
Vendor:
Questions:
32
Last Updated:
Apr 2, 2025
Exam Status:
Stable
Oracle 1z0-1056-23

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Oracle Financials Cloud: Receivables 2023 Implementation Professional Questions and Answers

Question 1

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:

Create Receipt Method. where:

  • Name of the new receipt method is XXCheck (Replace XX with 03. which is your allocated User ID.)
  • Receipt method must be effective as of January 1. 2023

Options:

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Question 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?

Options:

A.

Accounting Variance

B.

Intercompany Variance

C.

Tax Variance

D.

Receivables Variance

Question 3

Which flexfields does Autolnvoice require to identify transactions and transaction lines, if you load the interface using a customized form?

Options:

A.

Line-level transaction flexfield. Header-level transaction flexfield. and Link to transaction flexfield

B.

Line-level transaction flexfield and Header-level transaction flexfield

C.

Line-level transaction flexfield, Invoice transaction flexfield. Reference flexfield. and Link to transaction flexfield

D.

Line-level transaction flexfield. Header-level transaction flexfield. and Reference flexfield