Oracle 1Z0-1056-21 Oracle Financials Cloud: Receivables 2021 Implementation Essentials Exam Practice Test

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Total 154 questions

Question 1

Which configuration task needs to be completed before you can create Bills Receivables for a customer?

Answer : A

Question 2

Which reporting tool is primarily used by users to create ad hoc analysis from real-time Receivables data?

Answer : B

Question 3

Upon approval of a remittance batch of type ''Factored with Recourse,'' the Receivables application creates a receipt and establishes risk.

How does Receivables establish risk?

Answer : A

Question 4

Which three attributes are displayed in the detail table of the Balance forward Bill infotile? (Choose three.)

Answer : A, B, E

Question 5

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?

Answer : D

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Total 154 questions