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Oracle 1Z0-1056-24 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Manage Customers and Transactions25%- Customer Account Configuration
  • 1. Manage Customer Account Sites
  • 2. Configure Transaction Sources
  • 3. Create Customer Profiles
Topic 2: Period Close and Reporting25%- Receivables Accounting and Reporting
  • 1. Period Close Process
  • 2. Review Accounting Entries
  • 3. Run Receivables Reports
Topic 3: Process Receipts and Collections25%- Receipt Processing
  • 1. Manage Automatic Receipts
  • 2. Collections Management
  • 3. Apply Receipts
Topic 4: Configure Receivables25%- Manage Receivables System Options
  • 1. Manage Receipt Classes and Methods
  • 2. Configure Business Units
  • 3. Manage Transaction Types

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

Question 1

You schedule print runs of transactions and balance forward bills according to the needs of your enterprise.
Which three statements are true? (Choose three.)

A. If you have printed a transaction, the View Print button will not display a preview of the print.
B. If you have not printed a transaction, the View Print button (Preview of Print) displays the transaction according to the default template in BI Publisher.
C. It is recommended that you always print directly from BI Publisher to give you more control over the templates in case you need to change them.
D. Both the transaction, or each transaction in a balance forward bill, will be marked as printed in the system.
E. It is not recommended to print transactions and balance forward bills directly from BI Publisher.


Question 2

Identify the receivables system option that relates to customers.

A. Receipt Method
B. Reciprocal Customer
C. Default Country
D. Automatic Site Numbering


Question 3

Which transactions are included when transactions of specified customers are selected in the Create Balance Forward Billing Program?

A. transactions that have the Print Option set to Do Not Print
B. transactions that have the selected payment terms
C. transactions that were included in a previous Balance Forward Bill
D. transactions have a Bill Type of Imported


Question 4

What information does the Collector see in the Activities List area of the Collections Dashboard?

A. customer search as per the parameter specified
B. tasks assigned to the Collector, such as follow-up calls
C. customer's profile for each assigned customer
D. status of processing activities from the Process Monitor
E. summary of aged transactions


Question 5

What is the order used to group transaction lines during the AutoInvoice Import process?

A. Transaction Source, Customer Account Profile, Customer Site Profile, system options
B. System options, Customer Site Profile, Transaction Source, Customer Account Profile
C. Transaction Source, Customer Site Profile, Customer Account Profile, system options
D. Transaction Source, Customer Account Profile, system options, Customer Site Profile


Solutions:

Question 1
Answer: B,C,D
Question 2
Answer: A,C
Question 3
Answer: B
Question 4
Answer: B
Question 5
Answer: C

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