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Oracle 1z0-1056-23 Exam Dumps Questions and Answers

Exam Code: 1z0-1056-23
Certification: Oracle Financials Cloud
Vendor: Oracle
Last Update: Nov 21, 2024
Questions: 32
10  Customers Passed Oracle 1z0-1056-23
88%  Average Success In Real Exam
95%  Questions came word by word from this dump
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Oracle Financials Cloud: Receivables 2023 Implementation Professional Questions and Answers

Questions 1

You are investigating the Receivables to General Ledger Reconciliation report and must explain any variances to your Accounting Manager.

What two variance amounts should you expect to investigate in this report?

Options:

A.

Accounting Variance

B.

Intercompany Variance

C.

Tax Variance

D.

Receivables Variance

Questions 2

In Advanced Collections, scoring formulas are used to effectively manage your collection activities and strategies. Scoring formulas contain data points that help determine the collectability of your outstanding balances. To determine the number of days passed since the last payment was received from a customer, you can use the Age of Latest Payment data point.

At which details?

Options:

A.

Customer

B.

Organization

C.

Site

D.

Account

E.

Site Address

F.

Party

Questions 3

Your organization has decided to use the Portal Upload delivery method for some of their customers. You will be using this in place of other options, such as Print Email, or XML to deliver customer invoices.

Which step must be performed in the system to deliver transactions to your customers by using the Portal Upload method?

Options:

A.

Select Portal Upload as a delivery method on Customer Profile under Statement and Dunning.

B.

Create a custom preferred delivery method in the Manage Receivables Lookups task in Functional Setup Manager.

C.

Select Portal Upload as a delivery method on Customer Profile under Invoicing.

D.

Run the Create Customer Statement process in Scheduled Processes.

E.

Create a custom-preferred delivery method in the Manage Receivables System Options task in Functional Setup Manager.