1Z0-1056 Update - Oracle Financials Cloud: Receivables 2019 Implementation Essentials Reliable Test Testking - Royalholidayclubbed

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1Z0-1056 PDF DEMO:

QUESTION NO: 1
You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows. Business Unit X has a set assignment of Enterprise Set for payment terms.
Payment Term = Net 30; Reference Data Set = Enterprise Set
Payment Term = Net 45; Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30; Reference Data Set = USA Set
Payment Term = Net 45; Reference Data Set = USA Set
If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?
A. Net 45 (Enterprise Set), Net 45 (USA Set)
B. Net 30 (Enterprise Set), Net 45 (USA Set)
C. 1%/10 Net 30 (USA Set), Net 45 (USA Set)
D. Net 30 (Enterprise Set), Net 45 (Enterprise Set)
Answer: D

QUESTION NO: 2
Which two statements are true about configuring Collection Strategies?
A. You need to define an Aging Method that meets the requirements of your organization.
B. You need to create Strategy Tasks of the type "Automatic" only.
C. You need to SGI the (Collections Method to Strategies for the relevant business unit.
D. You need to create Scoring Formulae (or use predefined Scoring Formulas).
Answer: B,D

QUESTION NO: 3
Company ABC wants their logo displayed in all customer invoices. How do you meet this business requirement?
A. Use Web Services to integrate with an external system that can handle this requirement.
B. Modify the Invoice Print Layout Bill Presentment Template.
C. Extend the "Print Receivables Transactions" program.
D. Enable the setting "Allow Change to Printed Transactions" in Receivables System Options.
Answer: A

QUESTION NO: 4
You are a functional user who has been tasked with creating an Oracle Transactional Business
Intelligence (OTBI) analysis. You are still learning how to use OTBI, and the analysis you need to create is not complex.
Which tool should you use to create this analysis?
A. BI Publisher
B. Dashboard Builder
C. BI Answers
D. BI Composer
Answer: A

QUESTION NO: 5
Your customer wants to retrieve values for the Line of Business segment based on Customer
Class for the Revenue account.
Which option would you use to achieve this with the help of the Subledger Accounting solution?
A. Supporting References
B. Description Rule
C. Mapping Set
D. Transaction References
Answer: A

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Updated: May 28, 2022

by RHC.

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