Oracle 1Z0-1056-23 Quiz 1 Topic 3 Questions 1-5

Question: 1

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?

ABy recording short-term debt

BBy generating a bills receivables adjustment

CBy recording an entry to the Remitted Bills Receivable account

DBy creating an on-account credit memo

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Question: 2

Which flexfields does Autolnvoice require to identify transactions and transaction lines, if you load the interface using a customized form?

ALine-level transaction flexfield. Header-level transaction flexfield. and Link to transaction flexfield

BLine-level transaction flexfield and Header-level transaction flexfield

CLine-level transaction flexfield, Invoice transaction flexfield. Reference flexfield. and Link to transaction flexfield

DLine-level transaction flexfield. Header-level transaction flexfield. and Reference flexfield

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Question: 3

Your customer receives their invoices via the XML delivery method. They want to receive billing transactions for specific sites only. Now you have been tasked with creating a very focused delivery method of XML transactions for this customer site that should be receiving the invoice.

To define this setup, you must add a new lookup code to the AR Features lookup type in the Manage Receivables Lookups task. Which lookup code would you use?

AAR_XML.DELIVERY.METHOD

BAR_XML_INVOICE_ENHANCED

CAR_NTERFACE.XML

DAR.INVOICE.XML.ENHANCED

EAR_CUSTOMER.DELIVERY

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Question: 4

Which three receipt types can be reversed in the Cloud?

AReceipts applied to open receipts

BMiscellaneous receipts

CCredit card chargebacks posted to GL

DReceipts that are archived

EInvoice-related receipts

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Question: 5

As an implementer. while importing data from a legacy/third-parly system, you forgot to populate the accounting distribution in the RA_INTERFACE_DlSTRIBUTIONS_ALL table. What happens when you run accounting?

AInvoice will get created but accounting will not be created.

BIt will return an error and the data will be stuck in the interface table.

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

DNeither invoice nor accounting will be created.

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Oracle 1Z0-1056-23 Quiz:1 Topic:3 Questions:1-5