Part3:Oracle Fusion Financial Receivables Certification:1Z0-1056-20

QUESTION 9
Your customer wants to override the calculated tax line amount for their receivable transaction.
What steps should the customer perform to ensure that only one of their employees has this privilege?

 

Option's:
A.    Enable "Allow override of calculated tax lines" within the tax configuration owner options for the receivable invoice event and grant the employee the "Tax Manager <Business Unit>" data role.
B.    Enable the "Allow tax rate override" and "Allow manual tax lines" profiles at the user level, set, the value to Yes for the selected employee, and grant the "Tax Manager <Business Unit>" data role to the employee.
C.    Enable "Allow override of calculated tax lines" within the tax configuration owner options for the receivable invoice event and set the "Transaction Tax Line Override" profile option to Yes for the selected employee.
D.    Set the "Transaction Tax Line Override" profile option to Yes for the selected employee and assign the employee the "Tax Manager <Business Unit>" data role.
E.    Enable "Allow override of calculated tax lines" within the tax configuration owner options for the receivable application and create a tax rule to grant this privilege only to the
selected employee. 

Answer: D
Explanation: References:Set the "Transaction Tax Line Override" profile option to Yes for the selected employee and assign the employee the "Tax Manager <Business Unit>" data role.

 

QUESTION 10
Identify the dunning letter template set provided by an application?

 

Option's:
A.    Soft, Regular, Hard
B.    Regular, Medium, Hard
C.    Final Demand, Soft, Medium
D.    Regular, Final Demand, Medium 

 

Answer: C

Answer Explanation: Final Demand, Soft, Medium.

QUESTION 11
What are the three seeded contract configuration rules that Revenue Management provides to automatically create contracts? (Choose three.)
 

Option's:
A.    by Quote Number and time frame
B.    by Source Document and time frame
C.    by Item and time frame
D.    by Customer and time frame
E.    by Source Document Line andtime frame 

 

Answer: B,C,E

Answer Explanation:  'By Source Document and time frame', 'By Item and time frame' & 'By Source Document Line and time frame'

QUESTION12
What are the three drill down options available in the task pane for Receipt Remittance? (Choose three.)

 

Option's:
A.    Lock box Transmission History
B.    Create Automatic Receipts
C.    Correct Funds Transfer Errors
D.    Create Receipt Remittance Batch
E.    Manage Receipt Remittance Batches 

 

Answer: B,D,E

Answer Explanation: Create Automatic Receipts & Create Receipt Remittance Batch & Manage Receipt Remittance Batches.