← Back to exam page

1z0-1056-21 – Oracle Financials Cloud: Receivables 2021 Implementation Essentials

Loading demo links...

Showing 1–3 of 10 questions

Question 1

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.)

Select all that apply, then click Submit answer.

  • ○

    a standard memo line
  • ○

    a purchasing item
  • ○

    a credit memo line
  • ○

    an inventory item
  • ○

    a debit memo line
Question 2

A Cloud customer requires enhanced message content in transactions delivered using email.

Which three are supported in the body of the message? (Choose three.)

Select all that apply, then click Submit answer.

  • ○

    Insert logos.
  • ○

    Prevent use of Dynamic Tokens.
  • ○

    Increase the character limit to greater than 4000.
  • ○

    Insert hyperlinks.
  • ○

    Modify the fonts and font size.
Question 3

You created a bills receivable that is factored with recourse and applied a wrong receipt to the short-term debt before the bill maturity date plus the risk elimination days.

Which actions are true? (Choose two.)

Select all that apply, then click Submit answer.

  • ○

    If the bills receivable is recalled before the maturity date, the status of the bills receivable is updated to Protested.
  • ○

    If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Hold.
  • ○

    If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Recall.
  • ○

    If the bills receivable is recalled before the maturity date, the status of the bills receivable is updated to Pending Remittance.
  • ○

    If the bills receivable is recalled after the maturity date, the status of the bills receivable is updated to Unpaid.