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1z0-1056-22 Exam Dumps - Oracle Financials Cloud Questions and Answers

Question # 14

Whenusing lockbox to process customer payments, which two tables are used in the upload? (Choose two.)

Options:

A.

RA_INTERFACE_PAYMENTS_ALL

B.

AR_PAYMENTS_INTERFACE_ALL

C.

AR_INTERFACE_INTERIM_LINES_ALL

D.

AR_INTERIM_CASH_RECEIPTS_ALL

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Question # 15

Which information does the collector see after clicking on the Activities Infotile in the Collections Work Area?

Options:

A.

Tasks assignedto the collector such as follow-up calls.

B.

Summary of aged transactions.

C.

List of broken payment promises.

D.

List of delinquent customers.

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Question # 16

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?

Options:

A.

Use the Customer Data Exceptions spreadsheet.

B.

Use the Customer Payment Method Exceptions spreadsheet.

C.

Troubleshoot Inthe Manage Customers page.

D.

Correct error and resubmit the batch.

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Question # 17

Identify two late charge interest calculation methods. (Choose two.)

Options:

A.

Previous Balance

B.

Adjusted Balance

C.

Overdue Transactions only

D.

Average Daily Balance

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Question # 18

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

Options:

A.

Activity tab

B.

Correspondence tab

C.

Profile tab

D.

Aging tab

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Question # 19

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

Options:

A.

drilldown to see reconciliation details and to make reconciling corrections

B.

drilldown on the difference amounts to see specific reconciling items and the potential cause of the out-of-balance condition

C.

drilldown from any of the summarized Receivables and Accounting amounts to see detailed activity

D.

drilldown to see details of unaccounted revenue transactions not transferred and posted to the General Ledger

E.

drilldown to view data and use standard Excel functions such as sum, find, sort, and filtering without actually downloading to Excel

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Question # 20

Which three interest rate calculation formula methods are supported in Receivables? (Choose three.)

Options:

A.

Average

B.

Flat Rate

C.

Declining Balance

D.

Simple

E.

Compound

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Question # 21

You have been challenged by the Implementation team to configure AutoAccounting for the Revenue Account Type.

From which three tables can the segment value be defaulted? (Choose three.)

Options:

A.

Taxes

B.

Ship to site

C.

Standard Lines

D.

Transaction Types

E.

Salesperson

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Question # 22

Which two are Late Charge Calculation Methods?

Options:

A.

Credit Items and Disputed Transactions

B.

Late Payments Only

C.

Adjustment

D.

Overdue Invoices Only

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Question # 23

Your customer has a state tax of 20% and a citytax of 10% as non-inclusive tax rates that are applicable on a transaction line. Your invoice has two lines: Line1 with $600 USD and Line2 with $400 USD.

What will be the resulting tax and invoice amounts for your tax invoice?

Options:

A.

state tax of $166.67 USD for the invoice, city tax of $16.67 USD, and an invoice total of $1,184.34 USD.

B.

state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,257.78 USD.

C.

state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,000 USD.

D.

state tax of $200 USD for the invoice, city tax of $10 USD, and an invoice total of $1,210 USD.

E.

state tax of $200 USD for the invoice, city tax of $100 USD, and an invoice total of $1,300 USD.

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Exam Code: 1z0-1056-22
Exam Name: Oracle Financials Cloud: Receivables 2022 Implementation Professional
Last Update: May 8, 2025
Questions: 152
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