Online Access Free 1Z0-1056-20 Exam Questions

The Billing Manager has navigated to the Billing Work Area to review incomplete transactions.
Which link on the Incomplete Infotile will provide detailed information on the most recent incomplete transactions?

• A.10+Days Link
• B.20+ Days Link
• C.0-10 Days Link
• D.0-5 Days Link

As a Billing Manager you are responsible for reviewing adjustments and approving them. Which action is not available in the "Approve Adjustments" page?

• A.Request Information
• B.Reject
• C.Approve
• D.Edit
• E.Reassign

Your client's legacy system uses a hierarchical parent/child relationship to organize customer information because a single customer may have more than one bank account or payment method.
Does this prevent you from using the Oracle Fusion Trading Community Model Data Import program?

• A.The use of parent, child, and grandchild table hierarchies is allowed only in Accounts Payable, not Accounts Receivable.
• B.No; the program contains parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer information.
• C.The program allows the use of parent, child, and grandchild table hierarchies, but it requires multiple Customer Master records for each customer within the hierarchy.
• D.The program allows table hierarchies for customer bank accounts, but not for other customer information.
• E.Yes; the program specifically prohibits parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer information.

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

• A.You need to submit the Extract Intercompany Reconciliation Data job.
• B.The Clearing Company Balancing Lines appear in the Intercompany Reconciliation Summary Report.
• C.The Transaction Summary Report shows only transactions with a status of received.
• 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 Reconciliation Period Summary Report shows the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.

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 2 and 3 activities will be included in a single bill.
• B.Sites 1 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, 2, and 3 activities will be included in a single bill.