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Oracle 1Z0-1056-24 Exam Syllabus Topics:

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. You are an IT contractor for a client who wants to increase internal controls on bank accounts set up in the Cash Management application. According to their new policy, a Cash Manager s ability to add. review, or make changes to bank accounts must be regionalized and restricted by their org structure.
Which statement is true about the restrictions applied to the setup?

A) Cash Managers can create and manage bank accounts for only those legal entities to which they are given access.
B) Cash Managers cannot create but only manage bank accounts for those legal entities to which they are given access.
C) Cash Managers can create and manage bank accounts for only those business units to which they are given access.
D) Cash Managers can only create but not manage bank accounts for those legal entities to which they are given access.

2. Identify the dunning letter template set provided by an application.

A) Final Demand, Soft, Medium
B) Soft, Regular, Hard
C) Regular, Final Demand, Medium
D) Regular, Medium, Hard

3. Where is the summary delinquency data displayed on the Collections Dashboard?

A) Aging tab
B) Correspondence tab
C) Profile tab
D) Activity tab

4. As a Billing Manager you are responsible for reviewing adjustments and approving them. Which action is not available in the "Approve Adjustments" page?

A) Reject
B) Edit
C) Approve
D) Request Information
E) Reassign

5. Which information does the collector see after clicking on the Activities Infotile in the Collections Work Area?

A) Tasks assigned to the collector such as follow-up calls.
B) Summary of aged transactions.
C) List of broken payment promises.
D) List of delinquent customers.

Solutions: