Part9:Oracle Fusion Financial Receivables Certification:1Z0-1056-20

QUESTION 33
The method that is used to capture receipts data in mass while you are offline and upload the receipts at a later date is called    _________?

 

Option's:
A.    automatic receipts creation
B.    receipts creation in a spreadsheet
C.    manual receipt entry
D.    Lock box receipts creation 

 

Answer: B
Explanation: References: Receipts creation in a spreadsheet.

 

QUESTION 34
When running the delinquency process for a customer, the business unit for which you want to run the process does not appear in the drop-down menu.
Identify the action that you need to take?
 
 

Option's:
A.    Business unit is not a required option on the Parameters tab to run the delinquency process.
B.    Only business units that the user has access to will appear in the list of values. Modify the security options to provide access to the user.
C.    Select the check box to enter the default business unit if it does not appear in the drop-down menu.
D.    Click the Settings button to apply appropriate settings so that the business unit appears in the drop-down menu.

 

Answer: B

Answer Explanation: Only business units that the user has access to will appear in the list of values. Modify the security options to provide access to the user.

 

QUESTION 35
There are a few customers that you do not want to send dunning letters to. How would you exclude these customers from dunning?

 

Option's:
A.    Disable Send Dunning Letter in Transaction Source Type.
B.    Disable Send Dunning Letter on the Correspondence tab.
C.    Disable Send Dunning Letter in Collections Preferences.
D.    Disable Send Dunning Letter on the Profile tab.
E.    Disable Send Dunning Letter in Transaction Type.

 

Answer: D

Explanation: References: Disable Send Dunning Letter on the Profile tab.

 

QUESTION 36
Which three actions are facilitated through the Reconciliation Summary Report? (Choose three.)

 

Option's:
A.    drilldown to see reconciliation details and to make reconciling corrections
B.    drilldown on the difference amounts to see specific reconciling items and the potential cause of the out-of-balance condition
C.    drilldown from any of the summarized Receivables and Accounting amounts to see detailed activity
D.    drilldown to see details of unaccounted revenue transactions not transferred and posted to the General Ledger
E.    drilldown to view data and use standard Excel functions such as sum, find, sort, and filtering without actually downloading to Excel

 

Answer: B,C,E 

Explanation: References: Drilldown on the difference amounts to see specific reconciling items and the potential cause of the out-of-balance condition & drilldown from any of the summarized Receivables and Accounting amounts to see detailed activity and 'drilldown to view data and use standard Excel functions such as sum, find, sort, and filtering without actually downloading to Excel'.