Oracle 1Z0-1056-24 Q&A - in .pdf

  • 1Z0-1056-24 pdf
  • Exam Code: 1Z0-1056-24
  • Exam Name: Oracle Financials Cloud: Receivables 2024 Implementation Professional
  • Updated: Sep 24, 2026
  • Q & A: 144 Questions and Answers
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  • Exam Code: 1Z0-1056-24
  • Exam Name: Oracle Financials Cloud: Receivables 2024 Implementation Professional
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  • Q & A: 144 Questions and Answers
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  • Exam Code: 1Z0-1056-24
  • Exam Name: Oracle Financials Cloud: Receivables 2024 Implementation Professional
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  • Q & A: 144 Questions and Answers
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1Z0-1056-24 Practice Dumps

Oracle 1Z0-1056-24 Exam Syllabus Topics:

SectionObjectives
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:

Question #1

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
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #2

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.
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

Question #3

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
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for ActualCollection members. You can sign-up / login (it's free).

Question #4

Where is the summary delinquency data displayed In the Collections Work Area?

  • A. Profile Tab
  • B. Aging Tab
  • C. History Tab
  • D. Transactions Tab
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

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.
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

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