Oracle Oracle Certifications 1Z0-1056-22 Questions & Answers

• Question 91:

  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 two tools should you use to create this analysis? (Choose two.)

  A. Report Builder

  B. Visual Builder add on to Excel

  C. Answers

  D. BI Composer

  Correct Answer: AB

• Question 92:

  Given the default system options:

  

  Which two instances are you required to select for the ?require salesperson flag? (Choose two.)

  A. Sales credit tracking is required

  B. FBDI Loader is required

  C. Auto-Invoicing is required

  D. Revenue accounting is required

  Correct Answer: AD

• Question 93:

  A Billing Specialist creates an adjustment for an incorrect invoice that exceeds a user's approval limit.

  What is the status of the adjustment?

  A. Pending Approval

  B. Forwarded for Approval

  C. Pending Research

  D. Approval Required

  Correct Answer: A

• Question 94:

  Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

  A. The invoice is not closed.

  B. The transaction is partially paid.

  C. The transaction type is not associated with a credit memo type.

  D. The transaction date falls in a closed period.

  E. The transaction is an invoice.

  Correct Answer: C

• Question 95:

  You are asked to amend subledger accounting and reporting to include origin and history of Receivable transactions.

  Which three event attributes should be used? (Choose three.)

  A. Transaction number of amendments:

  B. Transaction created by

  C. Transaction last update date

  D. Transaction creation date

  E. Transaction type of update

  Correct Answer: ACE

• Question 96:

  Which two setups are required to ensure that the same tax is applied on both intercompany payableand intercompany receivable invoices? (Choose two.)

  A. Intercompany system options enable use of the same tax rate code for the payable and receivable invoices.

  B. The payable options and the receivable system options should have the same tax applicationoptions.

  C. Tax for intercompany is loaded by using Create Taxable Transactions in Spreadsheet.

  D. First enter a payable transaction to calculate tax and then enter the receivable transaction.

  E. Ensure if any tax-specific rules that are defined should cover both the sales_transaction and purchase_transaction business category.

  F. Ensure that both the receiver and provider business units and legal entities are subscribed to the applicable tax regime on the transaction date.

  Correct Answer: BF

• Question 97:

  What are the three setup steps required to implement the Lockbox feature? (Choose three.)

  A. Receipt Classes and Receipt Methods

  B. late charges

  C. Lockbox and Lockbox Transmission Formats

  D. Receipt Sources

  E. credit card refunds

  Correct Answer: ACD

• Question 98:

  Which three attributes are displayed in the detail table of the Balance forward Bill infotile? (Choose three.)

  A. Due date

  B. Amount due on Bill

  C. Past due Amount

  D. Collector

  E. Billing date

  Correct Answer: ABE

  Reference:https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/fin/releases/19D/19D-financials-wn.htm

• Question 99:

  Identify two credit memo options. (Choose two.)

  A. Tax only

  B. Advance

  C. Paid freight

  D. Invoice lines

  E. Paid amount only

  Correct Answer: AD

• Question 100:

  Your customer upload batch completes with an error and you identify the error as being due to incorrect payment method.

  Which action should you take the resolve the Issue?

  A. Use the Customer Data Exceptions spreadsheet.

  B. Use the Customer Payment Method Exceptions spreadsheet.

  C. Troubleshoot Inthe Manage Customers page.

  D. Correct error and resubmit the batch.

  Correct Answer: B