Free Oracle 1z1-962 Exam Dumps Questions & Answers

Which two duties are included in the Accounts Receivable Specialist associated role? (Choose two.)

• A.Payment Settlement Management Duty
• B.Trading Community Hierarchy Management Duty
• C.Import Payables Invoices Duty
• D.Receipt Creation Duty

When discussing the Receivables to Ledger Reconciliation Report with your customer, you are asked a number of questions about how to run the report.
Which statement is true?

• A.You can exclude unidentified receipts, but you cannot exclude on-account activities and unapplied receipts.
• B.You can select only a Closed accounting period.
• C.You can include or exclude intercompany transactions, or you can reconcile by intercompany activity only.
• D.You cannot exclude on-account activities, unapplied receipts, and unidentified receipts.

You have created two transactions with a 30-day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest.
Which statement is true when the create bills receivable batch is processed for a customer on January 31, 2015?

• A.A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 2, 2015.
• B.A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 30, 2015.
• C.Two Bills Receivable transactions are created with maturity dates as March 30, 2015 and April 1, 2015.
• D.Two Bills Receivable transactions are created with the issue dates as January 29, 2015 and January 31, 2015.
• E.A Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as February 28, 2015.
• F.Two Bills Receivable transactions are created with the issue date and accounting date as January 29, 2015 and January 31, 2015, respectively.

Which role provides access to Receivables - Revenue Adjustments Real Time OTBI Subject area?

• A.Accounts Receivable Manager
• B.Accounts Receivable Specialist
• C.Billing Specialist
• D.Revenue Manager

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

• A.When you select the offering "Financials," it automatically allows you to perform the setup for all Oracle Financials Cloud products.
• B.The Implementation Project is preconfigured and cannot be deleted or changed.
• C.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.
• D.You must select the offering "Financials" and each individual product or option to perform the setup for each product in Oracle Financials Cloud.
• E.You must plan your Implementation Project carefully because you cannot delete it or make changes later.