1Z0-1056-21 Exam Questions & Answers

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1Z0-1056-21 Exam Questions & Answers

Vendor: Oracle

Certifications: Enterprise Resource Planning (ERP)

Exam Code: 1Z0-1056-21

Exam Name: Oracle Financials Cloud: Receivables 2021 Implementation Essentials

Updated: Jul 01, 2022

Q&As: 110

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Same Questions from the Latest Real Exam

1Z0-1056-21 Online Practice Questions and Answers

Questions 1

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

A. Lockbox

B. Customers

C. Remit-to-address

D. Customer Profile Class

Show Answer
Questions 2

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.

A. Business unit is not a required option on the Parameters tab to run the delinquency process.

B. Only business units that the user has access to will appear in the list of values. Modify the security options to provide access to the user.

C. Select the check box to enter the default business unit if it does not appear in the drop-down menu.

D. Click the Settings button to apply appropriate settings so that the business unit appears in the drop-down menu.

Show Answer
Questions 3

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?

A. by defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute

B. by defining a grouping rule on the customer class

C. by defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute

D. by defining an item group and assigning that to the rule

E. by defining an exclusion rule to exclude customer classes that are "Retail"

Show Answer More Questions

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