1z0-1056-22 Questions Bank

Oracle Financials Cloud: Receivables 2022 Implementation Professional Questions and Answers

Question 17

When running the delinquency process for a customer, the business unit for which you want to run theprocess does not appear in the drop-down menu.

Identify the action that you need to take.

Business unit is not a required option on the Parameters tab to run the delinquency process.

Only business units that the user has access to will appear in thelist of values. Modify the security options to provide access to the user.

Select the check box to enter the default business unit if it does not appear in the drop-down menu.

Click the Settings button to apply appropriate settings so that the business unit appears in the drop-down menu.

Question 18

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

by Quote Number and time frame

by Source Document and time frame

by Item and time frame

by Customer and time frame

by Source Document Line andtime frame

Question 19

Identify two values that default from Customer Profile Classes. (Choose two.)

Business Purpose

Statement Cycle

LegalEntity

Tax

Payment Terms

Question 20

What are the three setup steps required to implement the Lockbox feature? (Choose three.)

Receipt Classes and Receipt Methods

late charges

Lockbox and Lockbox Transmission Formats

Receipt Sources

credit card refunds