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Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions (Q106-Q111):NEW QUESTION # 106
If AutoAccounting is set to derive accounting segments based on a standard line, the transaction line must be either ________________ or ________________. Otherwise, AutoAccounting cannot derive a valid account code combination for revenue recognition.
Identify the two values. (Choose two.)
- A. a credit memo line
- B. a standard memo line
- C. an inventory item
- D. a purchasing item
- E. a debit memo line
Answer: B,C
NEW QUESTION # 107
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?
- A. Sites 1, 2, and 3 activities will be included in a single bill.
- B. Sites 2 and 3 activities will be included in a single bill.
- C. Sites 1 and 2 activities will be included in a single bill.
- D. Sites 1 and 3 activities will be included in a single bill.
Answer: C
NEW QUESTION # 108
What are the two locations where the system can look for Receipt Match By Value when Receivables applies customer payments automatically for manually created receipts? (Choose two.)
- A. Receipt Method
- B. System Options
- C. AutoMatch Rule
- D. Customer
Answer: B,D
NEW QUESTION # 109
You are asked to amend subledger accounting and reporting to include origin and history of Receivable transactions.
Which three event attributes should be used?
- A. Transaction creation date
- B. Transaction created by
- C. Transaction type of update
- D. Transaction last update date
- E. Transaction number of amendments
Answer: C,D,E
Explanation:
These are the three event attributes that can be used to identify the origin and history of Receivable transactions. They capture the information about the changes made to the transactions, such as the transaction number, the type of update (create, update, delete), and the date of the last update. Verified [How You Define Event Attributes - Oracle]
NEW QUESTION # 110
Identify two credit memo options. (Choose two.)
- A. Paid amount only
- B. Advance
- C. Invoice lines
- D. Tax only
- E. Paid freight
Answer: C,D
NEW QUESTION # 111
......
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