Ready to Pass Your Certification Test

Ready to guarantee a pass on the certification that will elevate your career? Visit this page to explore our catalog and get the questions and answers you need to ace the test.

Oracle 1Z0-1056-24

Custom view settings

Exam contains 59 questions

Page 4 of 10
Question 19 🔥

accepted (explicit acceptance), before the contingency can be removed and revenue recognized. D. Time -based contingencies must not expire before the contingency can be removed and revenue recognized. E. Payment -based contingencies do not always require payment before the contingency can be removed and revenue recognized. If a receipt cannot be automatically matched or transaction information is not available, Receivables can use the AutoCash rule set. In which three places is the rule set found? (Choose three.)

Question 20 🔥

E. receipts created in a lockbox and uploaded Identify the dunning letter template set provided by an application.

Question 21 🔥

C. Define intercompany approval rule, to automatically reject intercompany transactions that do not meet the minimum amount requirement. D. Set "Minimum Invoice Amount" to 3,000 and "Invoice Currency" to USD in Payables Invoice Options and Receivables System Options. Which two statements are true about configuring Collection Strategies?

Question 22 🔥

B. Managing unapplied payments C. Managing credit memos D. Reviewing customer account balances E. Managing disputes A client rents equipment for special events. They have the following invoicing requirements: invoice must De entered and be due either immediately, or 20 or 10 days before the event. The Deferred Event Revenue Account for Rentals is to be credited at the time of invoice booking. After the events occur, the client wants all lines to debit the Deferred Event Revenue Account and credit the Event Revenue. How can you meet this requirement?

Question 23 🔥

D. Receiver and provider business units and legal entities must be subscribed to the applicable tax regime on the transaction date. Which is NOT a valid Infotile in the Accounts Receivables Work Area?

Question 24 🔥

Your customer has three sites defined in the system, site 1, site 2, and site 3. All sites have their own billing strategy defined and Balance Forward Billing is enabled for site 1 and Site 2 at the account level. How will bills be generated?

Lorem ipsum dolor sit amet consectetur. Eget sed turpis aenean sit aenean. Integer at nam ullamcorper a.

© 2024 Exam Prepare, Inc. All Rights Reserved.