Free Oracle 1Z1-1006 Exam Dumps Questions & Answers


Exam Code/Number:	1Z1-1006Join the discussion
Exam Name:	Oracle Financials Cloud: Receivables 2018 Implementation Essentials
Certification:	Oracle
Free Question Number:	80
Publish Date:	Aug 08, 2026
# of views:	2235
Rating 100%

Page: 1 / 16
Total 80 questions

Question 1

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 ______________.

A.receipts creation in a spreadsheet
B.Lockbox receipts creation
C.manual receipt entry
D.automatic receipts creation

Question 2

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

A.Residual Allocation Method
B.Two Step Allocation Method
C.Alternative Allocation Method
D.Inverted Allocation Method
E.Relative Allocation Method

Question 3

In the customer hierarchy of Customer Corporation, Customer Worldwide is the parent company of Customer USA and Customer Japan. Customer West is a subsidiary of Customer USA.
Which three statements are true if the Customer Corporation hierarchy is assigned to a Pay Below Paying relationship? (Choose three.)

A.Customer USA can pay for Customer Worldwide, Customer West, and its own transactions.
B.Customer Japan can pay its own transactions.
C.Customer Worldwide can pay for Customer USA, Customer Japan, Customer West, and its own transactions.
D.Customer Japan can pay for Customer West, Customer USA, and its own transactions.
E.Customer USA can pay for Customer West and its own transactions.

Question 4

What is the impact on transactions of changing the billing cycle for a customer or group of customers?

A.New transactions after this change inherit the new billing cycle.
B.The billing cycle does not have any impact on new transactions.
C.Existing transactions with no activity retain the old billing cycle.
D.Existing transactions with activity adapt the new billing cycle.

Question 5

A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on open invoices, but some of the amounts have exceeded the Billing Specialist's approval limits.
What would be the result?

A.The program creates the adjustments with a status of Rejected for the amount that exceeds the Billing Specialist's approval limits.
B.The program creates the adjustments only for the amounts within the Billing Specialist's approval limits.
C.The program can be run only if the amount is within the Billing Specialist's approval limits.
D.The program creates the adjustments with a status of Pending Approval for the amount that exceeds the Billing Specialist's approval limits.