Advanced Evaluation System

Our evaluation system for 1Z0-1056-24 test material is smart and very powerful. First of all, our researchers have made great efforts to ensure that the data scoring system of our 1Z0-1056-24 test questions can stand the test of practicality. Once you have completed your study tasks and submitted your training results, the evaluation system will begin to quickly and accurately perform statistical assessments of your marks on the 1Z0-1056-24 exam torrent. In a matter of seconds, you will receive an assessment report based on each question you have practiced on our 1Z0-1056-24 test material. The final result will show you the correct and wrong answers so that you can understand your learning ability so that you can arrange the learning tasks properly and focus on the targeted learning tasks with 1Z0-1056-24 test questions. So you can understand the wrong places and deepen the impression of them to avoid making the same mistake again.

Efficient Service

Our 1Z0-1056-24 test questions provide free trial services for all customers so that you can better understand our products. You can experience the effects of outside products in advance by downloading clue versions of our 1Z0-1056-24 exam torrent. In addition, it has simple procedure to buy our learning materials. After your payment is successful, you will receive an e-mail from our company within 10 minutes. After you click on the link and log in, you can start learning using our 1Z0-1056-24 test material. You can download our 1Z0-1056-24 test questions at any time. If you encounter something you do not understand, in the process of learning our 1Z0-1056-24 exam torrent, you can ask our staff. We provide you with 24-hour online services to help you solve the problem. Therefore we can ensure that we will provide you with efficient services.

High Quality and Less Time Consuming

Our 1Z0-1056-24 test material can help you focus and learn effectively. You don't have to worry about not having a dedicated time to learn every day. You can learn our 1Z0-1056-24 exam torrent in a piecemeal time, and you don't have to worry about the tedious and cumbersome learning content. We will simplify the complex concepts by adding diagrams and examples during your study. By choosing our 1Z0-1056-24 test material, you will be able to use time more effectively than others and have the content of important information in the shortest time. Because our 1Z0-1056-24 exam torrent is delivered with fewer questions but answer the most important information to allow you to study comprehensively, easily and efficiently. In the meantime, our service allows users to use more convenient and more in line with the user's operating habits, so you will not feel tired and enjoy your study.

Having more competitive advantage means that you will have more opportunities and have a job that will satisfy you. This is why more and more people have long been eager for the certification of 1Z0-1056-24. There is no doubt that obtaining this 1Z0-1056-24 certification is recognition of their ability so that they can find a better job and gain the social status that they want. Most people are worried that it is not easy to obtain the certification of 1Z0-1056-24, so they dare not choose to start. We are willing to appease your troubles and comfort you. We are convinced that our 1Z0-1056-24 test material can help you solve your problems. Compared to other learning materials, our products are of higher quality and can give you access to the 1Z0-1056-24 certification that you have always dreamed of. Now let me introduce our 1Z0-1056-24 test questions for you. I will show you our study materials.

DOWNLOAD DEMO

Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. When deciding how to set up the system to recognize revenue, it is important to understand the extent 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? (Choose two.)

A) Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet.
B) Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized.
C) Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.
D) Time-based contingencies must not expire before the contingency can be removed and revenue recognized.
E) 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.

2. Which two statements are true about configuring Collection Strategies?

A) You need to create Scoring Formulae (or use predefined Scoring Formulas).
B) You need to define an Aging Method that meets the requirements of your organization.
C) You need to create Strategy Tasks of the type "Automatic" only.
D) You need to SGI the (Collections Method to Strategies for the relevant business unit.

3. The process of remitting receipts to a bank results in fund transfer errors.
Identify three corrective actions to resolve this. (Choose three.)

A) credit reversal
B) receipt reversal
C) debit memo reversal
D) clearing payment information
E) change of instrument

4. Manage Aging Methods
Scenario
Your organization needs to create their own a-bucket aging method for reporting purposes.
Task
Create a new 4-bucket Aging Method in the Collections application, where:
Name Of the aging method is XXAging Method (Replace XX with 03, which is your allocated User ID.) Aging method is accessible to all business units Aging buckets are 45 days apart Last bucket is 91 days

5. What are the three setup steps required to implement the Lockbox feature? (Choose three.)

A) late charges
B) credit card refunds
C) Receipt Sources
D) Receipt Classes and Receipt Methods
E) Lockbox and Lockbox Transmission Formats

Solutions: