1z0-1056-21 Oracle Financials Cloud: Receivables 2021 Implementation Essentials Exam

Earn associated certifications
Passing this exam is required to earn these certifications. Select each certification title below to view full requirements.

Oracle Financials Cloud: Receivables 2021 Certified Implementation Specialist

Format: Multiple Choice
Duration: 90 Minutes
Number of Questions: 58
Passing Score: 64%
Validation: This exam has been validated against version 21B of the product.
Policy: Cloud Recertification
Prepare to pass exam:1Z0-1056-21

Take your exam online from your home.
Take recommended training
Complete one of the courses below to prepare for your exam (optional):

In the subscription: Oracle Financials Cloud Learning Subscription
Additional Preparation and Information

A combination of Oracle training and hands-on experience (attained via labs and/or field experience) provides the best preparation for passing the exam.

Review exam topics
(New) Configuring Common Receivables
(New) Configure Receivables Using Rapid Implementation
(New) Configure Receivables
(New) Configure Tax
(New) Configure Sub Ledger Accounting
(New) Configure & Import Customers
(New) Configure Cash Management
(New) Configure Integration with Other Applications

(New) Configuring Customer Billing

(New) Manage Auto-Invoicing
(New) Manage Auto-Accounting
(New) Manage Transaction types, Transaction sources, Items and Memo lines
(New) Manage Resources, Salesperson, Sales credits and Salesperson account references
(New) Configure Revenue for Receivables

Configuring Customer Payments
(New) Manage Customer Receipts
(New) Manage Lockbox
(New) Manage Automatic Receipts & Funds Capture

Managing Customer Billing
Create and Process Transactions
Manage the Auto-Invoice Process
Manage Transaction Printing
Calculate Transactional Tax

Processing Customer Payments
Create and Process Receipts
Create & Process Bills Receivables Remittances
Create & Process Receipt Exceptions

Bill Management

Configure and Use Oracle Bill Management
(New) Reporting for Account Receivables & Advanced Collections

(New) Report with Oracle Transactional Business Intelligence (OTBI)
(New) Report with Business Intelligence Publisher (BIP)
(New) Manage Account Receivables Reconciliation

Configuring and Using Advanced Collections
(New) Configure Advanced Collections
(New) Designing and Using Scoring Strategies
(New) Managing Collections Work

QUESTION 1
Which three actions can be performed in the Collections Work Area, which will have an impact on the collection process? (Choose three.)

A. Adding new customer contacts in the Contacts tab.
B. Applying a customer payment in the Aging Tab.
C. Creating a credit memo in the Transactions Tab.
D. Changing the collector in the Profile Tab.
E. Processing a payment promise in the Transactions Tab.

Correct Answer: ADE

QUESTION 2
The auto-invoice program fails to complete. Subsequently, you notice a message in the log file regarding
insufficient memory for processing.
To resolve this issue, by what factor should you multiply the maximum number of imported records (rounded to
the nearest whole number)?

A. 10
B. 1012
C. 65535
D. 1
E. 1024

Correct Answer: E

QUESTION 3
Which three Collection Preferences can be selected as the default transaction class for the Transaction tab?
(Choose three.)

A. Deposit
B. Guarantee
C. Debit Memo
D. Credit Memo
E. Charge Back

Correct Answer: ABC

Examkingdom Oracle 1z0-1056-21 Exam pdf, Certkingdom Oracle 1z0-1056-21 PDF

MCTS Training, MCITP Trainnig

Best Oracle 1z0-1056-21 Certification, Oracle 1z0-1056-21 Training at certkingdom.com

Click to rate this post!
[Total: 0 Average: 0]

Author: admin

Hi I educated in the U.K. with working experienced for 18 years in multinational companies, As an IT Manager and IT Instructor, I am attached with certkingdom.com here they provide IT exams study material, the study materials included exams Q&A with Explanation, Study Guides, Training Labs, Exams Simulations, Training Videos, etc. for certification like MCSE 2003 Training, MCITP Training, http://www.certkingdom.com, CCNA exams preparation, CompTIA A+ Training, and more Certkingdom.com provide you the best training 100% guarantee. “Best Material Great Results”