[May-2023] 100% Actual 1z0-1056-22 dumps Q&As with Explanations Verified & Correct Answers [Q60-Q83]

Q60. What are the three seeded contract configuration rules that Revenue Management provides to automatically create contracts? (Choose three.)

Q61. What are the three drilldown options available in the task pane for Receipt Remittance? (Choose three.)

Q62. A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to consumers. The entity has identified that this bundle is a distinct performance obligation.
How would you configure the Performance Obligation Identification Rule to ensure correct grouping of these items?

Q63. Which three actions are facilitated through the Reconciliation Summary Report? (Choose three.)

Q64. 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.)

Q65. Identify the dunning letter template set provided by an application.

Q66. 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.

Q67. When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition.
Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two.)

Q68. Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

Q69. You are a functional user who has been tasked with creating an Oracle Transactional Business Intelligence (OTBI) analysis. You are still learning how to use OTBI, and the analysis you need to create is not complex.
Which tool should you use to create this analysis?

Q70. What information does the Collector see in the Activities List area of the Collections Dashboard?

Q71. Your customer upload batch completes with an error and you identify the error as being due to incorrect payment method.
Which action should you take the resolve the Issue?

Q72. What are the three setup steps required to implement the Lockbox feature? (Choose three.)

Q73. When defining the receipt method for automatic receipt processing, the business requirement is to produce the minimum number of payments.
Which receipt rule should you define?

Q74. Given the default system options:

Which two instances are you required to select for the – require salesperson flag? (Choose two.)

Q75. When importing Receivable transactions into Fusion Receivables, the Autoinvoice log gives the error message “Error: Item validation org not set up for the BU.” What action should you take to solve the issue?

Q76. When a customer opts to make a payment by a credit card, this receipt is identified as a(n) _______________.

Q77. Which method is used to allocate total transaction price across performance obligations in Revenue Management?

Q78. The method that is used to capture receipts data in mass while you are offline and upload the receipts at a later date is called ______________.

Q79. Which two setups are required to ensure that the same tax is applied on both intercompany payable and intercompany receivable invoices? (Choose two.)

Q80. Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)

Q81. Which statement is true about Balance Forward Billing?

Q82. Which two items are required for customer invoicing? (Choose two.)

Q83. As an Implementation Consultant, you want to define approval limits for Receivables.
Which two statements are correct? (Choose two.)