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Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

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

A) by Item and time frame
B) by Source Document and time frame
C) by Source Document Line andtime frame
D) by Quote Number and time frame
E) by Customer and time frame

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

A) Aging tab
B) Activity tab
C) Profile tab
D) Correspondence tab

3. Which flexfields does Autolnvoice require to identify transactions and transaction lines, if you load the interface using a customized form?

A) Line-level transaction flexfield. Header-level transaction flexfield. and Reference flexfield
B) Line-level transaction flexfield. Header-level transaction flexfield. and Link to transaction flexfield
C) Line-level transaction flexfield, Invoice transaction flexfield. Reference flexfield. and Link to transaction flexfield
D) Line-level transaction flexfield and Header-level transaction flexfield

4. Which two are Late Charge Calculation Methods?

A) Adjustment
B) Overdue Invoices Only
C) Late Payments Only
D) Credit Items and Disputed Transactions

5. 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.)

A) The invoice can now be printed.
B) The invoice is included in the standard aging and collection process if the transaction type has the Open Receivables option set to No.
C) Payment schedules are created using the payment terms specified.
D) The invoice is sent for a dunning follow-up.
E) The invoice is eligible for transfer to the General Ledger.

Solutions: