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Download Oracle Financials Cloud: Receivables 2022 Implementation Professional Exam Dumps

NEW QUESTION 38
When defining the receipt method for automatic receipt processing, the business requirement is to produce the minimum number of payments.
Which receipt rule should you define?

  • A. One per Customer per due date
  • B. One per invoice
  • C. One per Customer
  • D. One per site per due date

Answer: B

 

NEW QUESTION 39
As an Implementation Consultant, you want to define approval limits for Receivables.
Which two statements are correct? (Choose two.)

  • A. The approval limits are set per user, document type, and currency.
  • B. The approval limits per user and per currency are shared across the document types.
  • C. The implementation user can create their own approval limits.
  • D. The approval limits are used by the auto adjustment program.

Answer: B,C

 

NEW QUESTION 40
A Billing Specialist has created and completed an invoice for $100 USD for Customer A.
The Specialist prints the invoice and realizes that the invoice should have been created for Customer B.
The accounting for the transaction for Customer A is posted to the General Ledger.
How can this be corrected?

  • A. Create an adjustment for the entire amount and create a negative adjustment for Customer B.
  • B. Create an on-account credit memo for $100 USD for the invoice and enter a new invoice for Customer B.
  • C. Change the status of the invoice to Incomplete and enter a new invoice for Customer B.
  • D. Navigate to the credit transaction link in the Billing work area, credit the entire amount, and enter a new invoice for Customer B.

Answer: B

 

NEW QUESTION 41
In which two ways would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for performance obligations over time? (Choose two.)

  • A. by setting SM to "Allow Partial" and SMM to "Period"
  • B. by setting SM to "Allow Partial" and SMM to "Percent"
  • C. by setting SM to "Requires Complete" and SMM to "Period"
  • D. by setting SM to "Requires Complete" and SMM to "Quantity"
  • E. by setting SM to "Requires Complete" and SMM to "Percent"

Answer: A,E

 

NEW QUESTION 42
......

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