You are creating a remittance bank account for the factored with recourse bills receivable remittance receipt method.
Which bank account setup controls receipt application to short-term debt?
A. short-term debt clearing days
B. risk elimination days
C. clearing days
D. collection days
E. lead days
F. recall days
Which information does the collector see after clicking on the Activities Infotile in the Collections Work Area?
A. Tasks assignedto the collector such as follow-up calls.
B. Summary of aged transactions.
C. List of broken payment promises.
D. List of delinquent customers.
You are configuring tax for Receivables to cash transactions.
Which two additional Party types can be selected only in the Tax engine for Receivables Transactions to identify the place of supply? (Choose two.)
A. Ship-to party
B. Ship-from party
C. Point of origin party
D. Point of acceptance party
E. Bill-to party
Your Cloud client has decided to use Channel RevenueManagement Integration with Receivables for Claim creation and Settlements created by Spreadsheet or SOAP services.
Which three setup steps are predefined for this feature? (Choose three.)
A. predefined Channel Revenue Management auto accounting type
B. predefined Subledger Journal Entry Rule for the Event Class Receipt and Accounting Class Claim Investigation
C. predefined Channel Revenue Management transaction type
D. predefined Channel Revenue Management transaction source
E. predefined Claim Investigation activity type under Receivables Activities
Which three Infotiles can be seen in the Accounts Receivables work area? (Choose three.)
A. Activities
B. Unapplied Receipts
C. Unapplied Credits
D. Receipt Batches
E. Unidentified Receipts
A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines isassociated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).
When will revenue be recognized?
A. only after manual intervention
B. after 100 days
C. immediately
D. after 60 days
Which method is used to allocate total transaction price across performance obligations in Revenue Management?
A. Two Step Allocation Method
B. Inverted Allocation Method
C. Alternative Allocation Method
D. Relative Allocation Method
E. Residual Allocation Method
A business entity (your client) sells a computer, monitor, keyboard,and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation.
How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?
A. by defininga grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute
B. by defining a grouping rule on the customer class
C. by defining a grouping on an extensible line attributeand ensuring that the source lines for the specified items contain the same value for that attribute
D. by defining an item group and assigning that to the rule
E. by defining an exclusion rule to exclude customer classes that are "Retail"
The process of remitting receipts to a bank results in fund transfer errors.
Identify three corrective actions to resolve this. (Choose three.)
A. receipt reversal
B. clearing payment information
C. credit reversal
D. debit memo reversal
E. change of instrument
Which three receipts types can be reversed in the Cloud? (Choose three.)
A. Invoice-related receipts
B. Receipts applied to open receipts
C. Miscellaneous receipts
D. Receipts that are archived
E. Credit card chargebacks posted to GL
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