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Oracle 1Z0-1056-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting for Account Receivables and Advanced Collections | - Generate account receivables reconciliation - Report with Business Intelligence Publisher (BIP) - Report with Oracle Transactional Business Intelligence (OTBI) |
| Configuring Customer Payments | - Configure and manage Automatic Receipts and Funds Capture - Configure and manage Customer Receipts - Configure and manage Lockbox |
| Configuring and Using Advanced Collections | - Configure advanced collections - Manage collections activities - Design and use scoring strategies |
| Processing Customer Payments | - Create and process receipts - Create and process receipt exceptions - Create and process bills receivables remittances |
| Configuring Bill Management | - Configure and use Oracle Bill Management |
| Managing Customer Billing | - Create and process transactions - Manage transaction printing - Manage AutoInvoice corrections - Calculate transactional tax - Manage the AutoInvoice process |
| Configuring Customer Billing | - Manage AutoAccounting - Manage resources, salesperson, sales credits, and salesperson account references - Configure revenue for Receivables - Manage transaction types, transaction sources, Items, and memo lines - Manage AutoInvoicing |
| Configuring Common Receivables | - Configure Receivables - Configure Tax - Configure Cash Management - Configure and import customers - Configure Sub Ledger Accounting - Integrate Receivables with other applications - Configure Receivables using Rapid Implementation |
Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:
Which two Collection Preferences can be selected as the default transaction class for the Transaction tab? (Choose two.)
- A. Debit Memo
- B. Guarantee
- C. Credit Memo
- D. Charge Back
- E. Deposit
Correct Answer: A,C 🗳️
Which three receipts can be automatically applied by the "Apply Receipts Using AutoMatch" process?
- A. Miscellaneous receipts.
- B. Receipts with unapplied amounts.
- C. Receipts that are manually created.
- D. Receipts created from a lockbox and uploaded.
- E. Receipts created in a spreadsheet and uploaded.
Correct Answer: C,D,E 🗳️
Which flexfields does Autolnvoice require to identify transactions and transaction lines, if you load the interface using a customized form?
- A. Line-level transaction flexfield. Header-level transaction flexfield. and Link to transaction flexfield
- B. Line-level transaction flexfield and Header-level transaction flexfield
- C. Line-level transaction flexfield, Invoice transaction flexfield. Reference flexfield. and Link to transaction flexfield
- D. Line-level transaction flexfield. Header-level transaction flexfield. and Reference flexfield
Correct Answer: B 🗳️
Explanation: Only visible for ActualCollection members. You can sign-up / login (it's free).
Where is the summary delinquency data displayed In the Collections Work Area?
- A. Profile Tab
- B. Aging Tab
- C. History Tab
- D. Transactions Tab
Correct Answer: B 🗳️
Which two statements are true about processing Receivables adjustments that impact tax amounts?
- A. Receivables can look at the adjustment activity and retrieve the tax rate code.
- B. Receivables can look at invoice and retrieve the tax rate code.
- C. There is no need to retrieve the tax rate code.
- D. Receivables can look at System Options and retrieve the tax rate code.
Correct Answer: B,D 🗳️






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