Online Access Free 1Z0-1006 Exam Questions

Where is the summary delinquency data displayed on the Collections Dashboard?

• A.Activity tab
• B.Correspondence tab
• C.Aging tab
• D.Profile tab

You are the Billing Manager and you are responsible for reviewing adjustments and approving them.
Which two tabs are available in the Adjustments Overview Region on the Billing Work Area page? (Choose two.)

• A.Approved
• B.Pending My Approval
• C.Pending Approval
• D.Pending Approval From Managers
• E.Pending My Research

Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)

• A.The Transaction Summary Report shows only transactions with a status of received.
• B.You need to submit the Extract Intercompany Reconciliation Data job.
• C.The Reconciliation Period Summary Report shows the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
• D.The ledger balancing lines are generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
• E.The Clearing Company Balancing Lines appear in the Intercompany Reconciliation Summary Report.

A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on open invoices, but some of the amounts have exceeded the Billing Specialist's approval limits.
What would be the result?

• A.The program creates the adjustments with a status of Rejected for the amount that exceeds the Billing Specialist's approval limits.
• B.The program can be run only if the amount is within the Billing Specialist's approval limits.
• C.The program creates the adjustments with a status of Pending Approval for the amount that exceeds the Billing Specialist's approval limits.
• D.The program creates the adjustments only for the amounts within the Billing Specialist's approval limits.

Which three transaction types are used to generate late charges? (Choose three.)

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