Free Oracle 1Z1-1056 Exam Dumps Questions & Answers

There are a few customers that you do not want to send dunning letters to.
How would you exclude these customers from dunning?

• A.Disable Send Dunning Letter in Transaction Type.
• B.Disable Send Dunning Letter in Collections Preferences.
• C.Disable Send Dunning Letter in Transaction Source Type.
• D.Disable Send Dunning Letter on the Profile tab.
• E.Disable Send Dunning Letter on the Correspondence tab.

Which statement is true when you create an Implementation Project for Oracle Financials Cloud?

• A.The Implementation Project is preconfigured and cannot be deleted or changed.
• B.You must select the offering "Financials" and each individual product or option to perform the setup for each product in Oracle Financials Cloud.
• C.You must plan your Implementation Project carefully because you cannot delete it or make changes later.
• D.You need to make only the project name unique, and then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management, and Supply Chain Management.
• E.When you select the offering "Financials," it automatically allows you to perform the setup for all Oracle Financials Cloud products.

Which two statements are true about processing Receivables adjustments that impact tax amounts?

• A.Receivables can look at System Options and retrieve the tax rate code.
• B.Receivables can look at invoice and retrieve the tax rate code.
• C.Receivables can look at the adjustment activity and retrieve the tax rate code.
• D.There is no need to retrieve the tax rate code.

Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

• A.The transaction is partially paid.
• B.The invoice is not closed.
• C.The transaction date falls in a closed period.
• D.The transaction is an invoice.
• E.The transaction type is not associated with a credit memo type.

You need to make decisions about how an application should behave, such as date ranges and defaults.
What should you consider before defining Collections Preferences?

• A.system privileges
• B.scheduled processes
• C.user application privileges
• D.the employees who are involved with the collections process and how the collectors will be assigned
• E.customer contact information