Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. Which transactions are included when transactions of specified customers are selected in the Create Balance Forward Billing Program?

A) transactions that were included in a previous Balance Forward Bill
B) transactions that have the Print Option set to Do Not Print
C) transactions that have the selected payment terms
D) transactions have a Bill Type of Imported

2. When you run Auto lnvoice. the process may generate a list of records that fail validation.
Using which two methods/features, can you display the Auto lnvoice errors in an Excel workbook?

A) The Manage Transactions task
B) The Incomplete Infotile
C) The Import Exceptions Infotile
D) The Manage Auto lnvoice Lines task

3. In Advanced Collections, scoring formulas are used to effectively manage your collection activities and strategies. Scoring formulas contain data points that help determine the collectability of your outstanding balances. To determine the number of days passed since the last payment was received from a customer, you can use the Age of Latest Payment data point.
At which details?

A) Organization
B) Customer
C) Account
D) Site
E) Site Address
F) Party

4. Identify the dunning letter template set provided by an application.

A) Regular, Medium, Hard
B) Regular, Final Demand, Medium
C) Soft, Regular, Hard
D) Final Demand, Soft, Medium

5. Identify two late charge interest calculation methods. (Choose two.)

A) Overdue Transactions only
B) Previous Balance
C) Average Daily Balance
D) Adjusted Balance

Solutions: