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1z0-1056-22 Latest Exam Tips, New 1z0-1056-22 Dumps Pdf

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Oracle Financials Cloud: Receivables 2022 Implementation Professional Sample Questions (Q82-Q87):

NEW QUESTION # 82
Which method is used to allocate total transaction price across performance obligations in Revenue Management?

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

Answer: D

NEW QUESTION # 83
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 include or exclude intercompany transactions, or you can reconcile by intercompany activity only.
  • B. You can select only a Closed accounting period.
  • C. You cannot exclude on-account activities, unapplied receipts, and unidentified receipts.
  • D. You can exclude unidentified receipts, but you cannot exclude on-account activities and unapplied receipts.

Answer: A

NEW QUESTION # 84
Which three benefits do intercompany reconciliation reports provide to an accountant?

  • A. Comparing receivables and payables account balances and identifying discrepancies.
  • B. Displaying clearing company balancing lines.
  • C. Displaying intercompany receivables and payables balancing lines.
  • D. Identifying transaction portions (either receiver or provider side) that have not posted to General Ledger.

Answer: A,C,D

NEW QUESTION # 85
You are trying to migrate the Subledger Accounting setup by using the Export and Import functionality in the Setup and Maintenance work are a. The import process, however, returns errors. Identify two reasons for the import failure.

  • A. an inactive Journal Line Type
  • B. an inactive Journal Entry Rule Set
  • C. an inactive Accounting Method
  • D. an inactive Mapping Set

Answer: D

NEW QUESTION # 86
Which configuration task needs to be completed before you can create Bills Receivables for a customer?

  • A. Define revenue scheduling rules.
  • B. Define standard memo lines.
  • C. Define drawee site.
  • D. Define approval limits.

Answer: D

NEW QUESTION # 87
……

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