Pass Your Exam With 100% Verified 1z0-1056-22 Exam Questions [Q74-Q96]

QUESTION 74
What are the two locations where the system can look for Receipt Match By Value when Receivables applies customer payments automatically for manually created receipts? (Choose two.)

QUESTION 75
After reviewing an incomplete invoice, the Billing Manager clicks the Complete button in the Transactions window.
What are three results of this action? (Choose three.)

QUESTION 76
Which two determinant types are used in reference data assignment? (Choose two.)

QUESTION 77
You are creating a remittance bank account for the factored with recourse bills receivable remittance receipt method.
Which bank account setup controls receipt application to short-term debt?

QUESTION 78
Which four output file types are available when you run the “Print Receivables Transactions” program?

QUESTION 79
The Business Intelligence repository contains metadata that defines columns, which you can include in an analysis.
Which three types of columns are available when you create or edit an analysis? (Choose three.)

QUESTION 80
Which two statements are true about Accounting for Tax on Receivables? (Choose two.)

QUESTION 81
What are the three seeded contract configuration rules that Revenue Management provides to automatically create contracts? (Choose three.)

QUESTION 82
What is the initial status of a newly created bill receivable?

QUESTION 83
Which three receipts can be automatically applied by the “Apply Receipts Using AutoMatch” process?

QUESTION 84
Which three receipts types can be reversed in the Cloud? (Choose three.)

QUESTION 85
A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on open invoices, but some of the amounts have exceeded the Billing Specialist’s approval limits.
What would be the result?

QUESTION 86
Your customer wants to override the calculated tax line amount for their receivable transaction.
What steps should the customer perform to ensure that only one of their employees has this privilege?

QUESTION 87
The Multifund Accounting feature supports detailed distributions for invoices with revenue recognition rules. For a customer invoice with the distributions below:

Which unearned revenue accounting entries will the feature generate?

QUESTION 88
You have been asked to assign a reference data set to a specific Business Unit for several Receivable setups.
What are the navigational steps needed to accomplish this task?

QUESTION 89
After creating Receivable Activities using the General Ledger Rapid Implementation workbook upload process, a Receivable Manager wants to review and make changes if required, to the account assignments created for these Receivable Activities.
Which two Receivable Activities do not have account assignments to review and change? (Choose two.)

QUESTION 90
You are reviewing an invoice on the Review Transaction page. After clicking the Sales Credit subtab, you notice the following breakdown: Revenue Allocation and Nonrevenue Allocation.
What is a Nonrevenue Allocation?

QUESTION 91
In what three ways will changing customer information impact the collection process? (Choose three.)

QUESTION 92
After a customer bankruptcy is approved, what happens in the Collections application?

QUESTION 93
Where is the summary delinquency data displayed on the Collections Dashboard?

QUESTION 94
Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

QUESTION 95
Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)

QUESTION 96
Which two statements are true about configuring Collection Strategies?