RECE

53問 • 1年前

問題一覧

Which statement is true about balance forward billing?

Balance Forward Bills must be enabled at each bill-to-site level

The process of remitting receipts to a bank results infund transfer errors. Identify three corrective actions to resolve this.

receipt reversal clearing payment information change of instrument

When you move revenue on an invoice line from an unearned account line from an unearned account to an earned Revenue account, Receivables__________________

removes the invoice line revenue contingencies

When deciding how to set up the system to recognize revenue, it is important to understand the exedent of revenue deferal and the subsequent timing of Revenue. Which Two statements are true when you consider that recognition depends of the nature of contingency?

Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized. Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.

if a customer has more than one transaction writte the same number within Lockbox transmission then in which Two recent statuses are the receipts left?

Unapplied, if the customer account number or MICR is provided. Unidentified, if the cusomter account number or MICR is not provided and there are not successful matching recommendations.

You entered an invoice of $12500 in the receivable and created a receipt with the amount $15000 received from the customer. How will the system react if over application enabled in transaction type while receipt is applied to to the invoice?

Invoice balance is displayed as −2500.

Your customer upload batch with an error and you identify the error as being due to an incorrect payment method. How will you Connect the error?

by using the correct Customer Payment Method spreadsheet

Your client performs many customer refunds and would like to search for real-time receivables refunds states easily. What should you do meet this requirement?

Create a Real Time Report by using Oracle Transactional Business Intelligence (OTBI).

When using lockbox to process customer payments which Two tables are used in the upload?

AR_PAYMENTS_INTERFACE_ALL AR_INTERIM_CASH_RECEIPTS_ALL

You are functional user who has buen asked with creating an Oracle Transactional Business Intelligence (OTBI) analysis. You are still learning how to use OTBI and the analysis you need to create is not complex Which tool should you use to create this analysis?

BI Publisher

In what three ways will changing customer information impact the collection process?

Changing the Collector impacts the individual working with the delinquent customer. Making changes on the Profile tab impacts the collection process. Adding or modifying customer contact name on the contacts tab impacts where the correspondence is sent.

Which setup is required to ensure that the same tax is applied on both intercompany payable and intercompany receivable invoices?

Ensure that both the receiver and provider business units and legal entities are subscribed to the applicable tax regime on the transaction date. The payable options and the receivable system options should have the same tax application options.

What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?

The billing amount for all performance obligations in the customer contract

Which is not a valid infotile in the accounts receivables Work area?

UNIDENTIFIED RECEIPTS

When reversing a receipt if an adjustment or Chargeback exists, how are the off-setting adjustments created?

Automatically by using the Adjustment Reversal and Chargeback Reversal activities

Which Two statements are true about processing receivables adjustment that impact tax amounts?

Receivables can look at System Options and retrieve the tax rate code. Receivables can look at invoice and retrieve the tax rate code.

Which three atributtes are displayed in the detail table of the Balance forward Bill infotile?

Amount due on Bill, Due date, Billing date

When deciding how to set up the system to recognize revenue it is important to understand the exent of revenue deferral and the subsequent timing of Revenue recognition. Which two statements are true when you consider that recognition depends on the nature of the Contingency?

A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days). When will revenue be recognized?

After 100 days

Which three actions can be performed in the Collections Work Area, which will have an impact on the collection process?

Processing a payment promise in the Transactions Tab. Changing the collector in the Profile Tab. Adding new customer contacts in the Contacts tab.

Identify two values that default from Customer Profile Classes.

Tax Payment Terms

An invoice for $100 USD has revenue deferred due to unmet payment-based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 USD has been issued against this invoice. Explain how revenue accounting will occur.

Earned revenue will be credited for $50 USD.

Each time that you run AutoInvoice, the process generates a list of records that fail validation. Which two ways allow you to display AutoInvoice errors in an Excel workbook?

Using the Manage AutoInvoice Lines task Using the Manage Transactions task

Which configuration step is required for processing Collections disputes?

Define Dispute Thresholds in Collections Preferences

What information does the Collector see in the Activities List area of the Collections Dashboard?

Tasks assigned to the Collector, such as follow-up calls

Which three actions are facilitated through the Reconciliation Summary Report?

Drilldown on the difference amounts to see specific reconciling items and the potential cause of the out-of-balance condition Drilldown from any of the summarized Receivables and Accounting amounts to see detailed activity Drilldown to view data and use standard Excel functions such as sum, find, sort, and filtering without actually downloading to Excel

The auto-invoice program fails to complete. Subsequently, you notice a message in the log file regarding insufficient memory for processing. To resolve this issue, by what factor should you multiply the maximum number of imported records (rounded to the nearest whole number)?

1024

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?

Customer Japan can pay its own transactions. Customer USA can pay for Customer West and its own transactions. Customer Japan can pay for Customer West, Customer USA, and its own transactions.

When a customer opts to make a payment by a credit card, this receipt is identified as a(n) _______________.

automatic receipt

Your client's legacy system uses a hierarchical parent/child relationship to organize customer information because a single customer may have more than one bank account or payment method. Does this prevent you from using the Oracle Fusion Trading Community Model Data Import program?

Yes; the program specifically prohibits parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer information.

When running the delinquency process for a customer, the business unit for which you want to run the process does not appear in the drop-down menu. Identify the action that you need to take.

Only business units that the user has access to will appear in the list of values. Modify the security options to provide access to the user.

You are investigating the Receivables to General Ledger Reconciliation Report and must explain any variances to your Accounting Manager. What two variance amounts should you expect to investigate in this report?

Receivables Variance Accounting Variance

What information does the Collector see in the Activities List area of the Collections Dashboard?

Tasks assigned to the Collector, such as follow-up calls

You are creating a remittance bank account for the factored with recourse bills receivable remittance receipt method. Which bank account setup controls receipt application to short-term debt?

short-term debt clearing days

Your customer has three sites defined in the system, site 1, site 2, and site 3. All sites have their own billing strategy defined and Balance Forward Billing is enabled for site 1 and Site 2 at the account level. How will bills be generated?

Sites 1 and 2 activities will be included in a single bill.

Where is the summary delinquency data displayed on the Collections Dashboard?

Profile tab

After creating Receivables Activities using the General Ledger Rapid Implementation workbook upload process a Receivables Manager wants to review and make changes if required, to the account assignments created for these Receivables Activities. Which two Receivables Activities DO NOT have account assignments to review and change?

Miscellaneous receipts Adjustments activities

You are a functional user who has been tasked with creating an Oracle Transactional Business Intelligence (OTBI) analysis. You are still learning how to use OTBI, and the analysis you need to create is not complex. Which tool should you use to create this analysis?

BI Publisher

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

Import Payables Invoices Duty Payment Settlement Management Duty

To determine the best approach to converting a clients data, you must know which setup is set-enabled and can be shared. Identify three set-enabled setups in Receivables. (Choose three.)

Standard Memo Lines Revenue Types Revenue Contingencies

What is required to register an external user to Bill Management?

A customer account contact with the responsibility types bill to and ship-to

Which three receipts can be automatically applied by the "Apply Receipts Using AutoMatch" process?

Receipts that are manually created. Receipts created in a spreadsheet and uploaded. Receipts created from a lockbox and uploaded.

Your customer has three business units. The customer wants to share customer account addresses across these business units. Which reference data set can be used to achieve this?

Assign a COMMON reference data set to the business units, which share the account addresses.

from a legacy/third-party system, you forgot to populate the accounting distribution in the RA_INTERFACE_DISTRIBUTIONS_ALL table. What happens when you run accounting?

Invoice will be created and the system will use the AutoAccounting configuration to create accounting.

Which four output file types are available when you run the "Print Receivables Transactions" program?

Excel Zipped PDFs HTML PDF

Indentify the dunning letter template set provided by an application.

Final Demand, Soft, Medium

You have been challenged by the Implementation team to configure AutoAccounting for the Revenue Account Type. From which three tables can the segment value be defaulted? (Choose three.)

Standard Lines Taxes Salesperson

You are explaining the benefits of using Bill Management as a self-service electronic bill presentment solution to an existing customer. Which feature is not supported in Bill Management?

Making payments by using a credit card or the bank account

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

Disable Send Dunning Letter on the Profile tab.

Your customer has a state tax of 20% and a city tax of 10% as non-inclusive tax rates that are applicable on a transaction line. Your invoice has two lines: Line1 with $600 USD and Line2 with $400 USD. What will be the resulting tax and invoice amounts for your tax invoice?

state tax of $200 USD for the invoice, city tax of $100 USD, and an invoice total of $1,300 USD.

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

New transactions after this change inherit the new billing cycle.

Upon approval of a remittance batch of type Factored with Recourse, the Receivables application creates a receipt and establishes risk. How does Receivables establish risk?

By recording short-term debt

The process of remitting receipts to a bank results infund transfer errors. Identify three corrective actions to resolve this.

receipt reversal clearing payment information change of instrument

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Laura Diaz · 5回閲覧 · 60問 · 2年前

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