Oracle 1z0-506 Valid Dump : Oracle Fusion Financials 11g Accounts Receivable Essentials

1z0-506 real exams

Exam Code: 1z0-506

Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials

Updated: Jan 15, 2025

Q & A: 123 Questions and Answers

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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. The Billing Manager has to Bill Adjustment Duty role associated with him. Which task he cannot perform?

A) Update Receivables Credit memo
B) Review Customer Account Activities
C) Update Receivables Invoice
D) Dispute Receivables Transaction


2. Which three transaction types are used to generate late charges?

A) Invoice Interest
B) Adjustments against the original transaction
C) Debit Memo
D) Credit Memo
E) Cash Receipts


3. What is the grouping order used to group transaction lines during the Autoinvoice Import process?

A) Transaction Source, Customer Account Profile, system options. Customer Site Profile
B) System options. Customer Site Profile, Transaction Source, Customer Account Profile
C) Transaction Source, Customer Account Profile, Customer Site Profile, system options
D) transaction Source, Customer Site Profile, Customer Account Profile, system options


4. Identify the different dunning letter versions provided to the customer.

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


5. What is the action you perform on a transaction once you drill down to the edit transaction window from the Billing Work Area page?

A) Reverse the Transaction
B) Create a New Transaction
C) Incomplete Transaction
D) Complete and Review


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,B,C
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: D

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