Oracle 1z0-1056-22 Actual Free Exam Questions & Community Discussion
After creating Receivable Activities using the General Ledger Rapid Implementation workbook upload process, a Receivable Manager wants to review and make changes if required, to the account assignments created for these Receivable Activities.
Which two Receivable Activities do not have account assignments to review and change? (Choose two.)
Which two Receivable Activities do not have account assignments to review and change? (Choose two.)
Correct Answer: B,D
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What are the three seeded contract configuration rules that Revenue Management provides to automatically create contracts? (Choose three.)
Correct Answer: A,B,C
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What is the impact on transactions of changing the billing cycle for a customer or group of customers?
Correct Answer: B
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After a customer bankruptcy is approved, what happens in the Collections application?
Correct Answer: B
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You are trying to migrate the Subledger Accounting setup by using the Export and Import functionality in the Setup and Maintenance work are a. The import process, however, returns errors. Identify two reasons for the import failure.
Correct Answer: D
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What is the order used to group transaction lines during the AutoInvoice Import process?
Correct Answer: B
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A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).
When will revenue be recognized?
When will revenue be recognized?
Correct Answer: A
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When you move revenue on an invoice line from an unearned account to an earned revenue account, Receivables ______________.
Correct Answer: D
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