Online Access Free 1Z0-1006 Exam Questions

Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

• A.The transaction is an invoice.
• B.The invoice is not closed.
• C.The transaction date falls in a closed period.
• D.The transaction type is not associated with a credit memo type.
• E.The transaction is partially paid.

Which two setups are required to ensure that the same tax is applied on both intercompany payable and intercompany receivable invoices? (Choose two.)

• A.First enter a payable transaction to calculate tax and then enter the receivable transaction.
• B.Ensure if any tax-specific rules that are defined should cover both the sales_transaction and purchase_transaction business category.
• C.Ensure that both the receiver and provider business units and legal entities are subscribed to the applicable tax regime on the transaction date.
• D.The payable options and the receivable system options should have the same tax application options.
• E.Tax for intercompany is loaded by using Create Taxable Transactions in Spreadsheet.
• F.Intercompany system options enable use of the same tax rate code for the payable and receivable invoices.

You need to make decisions about how an application should behave, such as date ranges and defaults.
What should you consider before defining Collections Preferences?

• A.customer contact information
• B.user application privileges
• C.system privileges
• D.scheduled processes
• E.the employees who are involved with the collections process and how the collectors will be assigned

What information does the Collector see in the Activities List area of the Collections Dashboard?

• A.status of processing activities from the Process Monitor
• B.summary of aged transactions
• C.customer search as per the parameter specified
• D.customer's profile for each assigned customer
• E.tasks assigned to the Collector, such as follow-up calls

The process of remitting receipts to a bank results in fund transfer errors.
Identify three corrective actions to resolve this. (Choose three.)

• A.change of instrument
• B.clearing payment information
• C.debit memo reversal
• D.credit reversal
• E.receipt reversal