Free Practice Oracle 1D0-1056-24-D Exam Questions 2025

Stay ahead with 100% Free Oracle Financials Cloud: Receivables 2024 Implementation Professional - Delta 1D0-1056-24-D Dumps Practice Questions

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Total 154 Questions | Updated On: May 04, 2024

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Question 1

When running the delinquency process for a customer, the business unit for which you want to run the process 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 the list 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.

Answer: B

Question 2

What are the two places where Receivables can look for the ''Match Receipts By'' setting when applying manual customer receipts? (Choose two.)

A : Receipt Method

B : Profile option

C : Customer

D : AutoMatch Rule

E : System Options

Answer: A

Question 3

A Billing Specialist has created and completed an invoice for $100 USD for Customer The Specialist prints the invoice and realizes that the invoice should have been created for Customer B. The accounting for the transaction for Customer A is posted to the General Ledger.

How can this be corrected?

A : Create an adjustment for the entire amount and create a negative adjustment for Customer B.

B : Create an on-account credit memo for $100 USD for the invoice and enter a new invoice for Customer B.

C : Change the status of the invoice to Incomplete and enter a new invoice for Customer B.

D : Navigate to the credit transaction link in the Billing work area, credit the entire amount, and enter a new invoice for Customer B.

Answer: B

Question 4

A company's policy is always to apply customer payments to debit and credit items, starting with the oldest due date.

Which function should you include in the default Auto-cash rule?

A : Clear the past due invoices grouped by payment terms

B : Clear the account

C : Match payment with Invoice

D : Apply to the oldest invoice first

E : Clear past due invoices

Answer: D

Question 5

Which three receipts can be automatically applied by the 'Apply Receipts Using AutoMatch' process?

A : Receipts that are manually created.

B : Miscellaneous receipts.

C : Receipts created from a lockbox and uploaded.

D : Receipts created in a spreadsheet and uploaded.

E : Receipts with unapplied amounts.

Answer: A,C,D

Page: 1 / 31

Total 154 Questions | Updated On: May 04, 2024

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