Free Oracle 1z0-1056-22 Exam Dumps Questions & Answers

A customer calls the Accounts Receivables department and asks for the balance of all invoices that are due in the next 30 days. The customer also has a question about a specific invoice line.
As a Billing Specialist, which action would you take?

• A.Search for the information in the Review Customer Account Details user interface.
• B.Create an open debit memo.
• C.Search for open invoices on the Manage Transaction search page.
• D.Apply, reverse, or process the receipt.

Which flexfields are required to be used by auto invoice to identify transactions and transaction lines, if you load the interface using a customized form?

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

Which two setups are required to create bills receivables? (Choose two.)

• A.Statement cycles
• B.Lockbox
• C.Bills Receivable Matching Rules
• D.Bills Receivable Receipt method
• E.Customer account site with purpose of drawee

After a customer bankruptcy is approved, what happens in the Collections application?

• A.Collection activities remain active, delinquent transactions appear in the Collections Work Area but customer status is changed to Bankrupt.
• B.Collection activities are suspended and delinquent transactions appear in the Collections Work Area.
• C.Collection activities are suspended, delinquent transactions no longer appear on the Collections Work Area and customer status is changed to Bankrupt.
• D.The Bankrupt Customer Collection job is automatically submitted to close all open transactions for the customer.

A Billing Specialist creates an adjustment for an incorrect invoice that exceeds a user's approval limit.
What is the status of the adjustment?

• A.Forwarded for Approval
• B.Pending Research
• C.Approval Required
• D.Pending Approval