Your client processes many customer refunds on a regular basis and would like to have information about recent refunds (including their status) for analytical purposes.
What should you do to meet this requirement in an efficient manner?
A. Create an Oracle Transactional Business Intelligence (OTBI) analysis.
B. Search in the Receivables "Manage Credit Memo Applications" page, then export results to Excel.
C. Run the predefined Transaction Details Report.
D. Search in the Payables "Manage Payments" page, then export results to Excel.
Your customer has three business units. The customer wants to share customer account addresses across these business units.
Which reference data set can be used to achieve this?
A. Create a new reference data set for account addresses andassign it to the business units.
B. Assign a COMMON reference data set to the business units, which share the account addresses.
C. Assign an enterprise reference data set to the business units, which share the account addresses.
D. Create a separate reference data set for each business unit and assign it to each unit.
When importing Receivabletransactions into Fusion Receivables, the Autoinvoice log gives the error message "Error: Item validation org not set up for the BU."
What action should you take to solve the issue?
A. Set up Item validation organization in Inventory Item.
B. Validate the Item validation organization in inventory Org.
C. Set up Item validation organization in Inventory Org.
D. Set up Item validation organization in Receivables System Options.
When deciding how to set up the system to recognize revenue, it isimportant to understand the extent of revenue deferral and the subsequent timing of revenue recognition.
Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two.)
A. Time-based contingenciescan expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet.
B. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.
C. Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually 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.
You created an Auto cash Ruleset where the first rule to be applied to receipts is Match Payments with Invoice. Discount = Earned Only, Late charges = NO, Receipt = $900, Receipt date =14-Feb-2020, Discount
Grace Days = 5.
Which transaction will be applied to the receipt?
A. Invoice Amount: $1000, Payment Terms: 10% 10/Net 30, Invoice Date: 01-Feb-2020, Due Date: 28-Feb 2020
B. Invoice Amount: $800, Payment Terms: 10% 10/Net 30, Invoice Date: 01 Feb 2020, Due Date: 20-Feb-2020
C. Invoice Amount: $800, Payment Terms: 10% 10/Net 30, Invoice Date: 01-Feb-2020, Due Date: 24-Feb-2020
D. Invoice Amount: $800, Payment terms: 10% 10/Net 30, Invoice Date: 01 Feb 2020, Due Date: 28-Feb-2020
If the Contract Identification Rules that you defined for your customer did not group the source data into customer contracts as expected, how would you resolvethe issue?
A. Delete the performance obligations from the relevant contracts through the Manage Customer Contracts UI.
B. Delete the source data that was imported into Revenue Management and import new source data.
C. Run the Discard Customer Contracts program for the relevant contracts and run the Identify Customer contracts program again.
D. Run the Discard Customer Contracts program for the relevant contracts, define a new, higher-priority Contract Identification Rule, and run the Identify Customer Contracts program again.
E. Delete Contracts from the Manage Customer Contracts UI.
When running the delinquency process for a customer, the business unit for which you want to run theprocess does not appear in the drop-down menu. Identify the action that you need to take.
A. Business unit is not a required option on the Parameters tab to run the delinquency process.
B. Only business units that the user has access to will appear in thelist of values. Modify the security options to provide access to the user.
C. Select the check box to enter the default business unit if it does not appear in the drop-down menu.
D. Click the Settings button to apply appropriate settings so that the business unit appears in the drop-down menu.
You are defining a new receipt class to process manual customer payments and plan to use reconciliation accounting in Cash Management. Which two clearance methods enable you to match and clear transactions in Cash Management? (Choose two.)
A. byfactoring
B. by Conformation
C. by Automatic Clearing
D. Directly
E. by matching
What validation step is required for implementing dispute processing?
A. The Recognize Revenue Program is scheduled.
B. BPM Work List for approval configuration is validated.
C. Periods for which the transaction can be disputedare Open.
D. All transactions are of the invoice type.
Identify two values that default from Customer Profile Classes. (Choose two.)
A. Business Purpose
B. Statement Cycle
C. LegalEntity
D. Tax
E. Payment Terms
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