Online Access Free 1Z0-1056-21 Exam Questions

Your Cloud client has decided to use Channel Revenue Management Integration with Receivables for Claim creation and Settlements created by Spreadsheet or SOAP services.
Which three setup steps are predefined for this feature? (Choose three.)

• A.predefined Claim Investigation activity type under Receivables Activities
• B.predefined Channel Revenue Management transaction type
• C.predefined Channel Revenue Management transaction source
• D.predefined Channel Revenue Management auto accounting type
• E.predefined Subledger Journal Entry Rule for the Event Class Receipt and Accounting Class Claim Investigation

What is the impact on transactions of changing the billing cycle for a customer or group of customers?

• A.The billing cycle does not have any impact on new transactions.
• B.New transactions after this change inherit the new billing cycle.
• C.Existing transactions with activity adapt the new billing cycle.
• D.Existing transactions with no activity retain the old billing cycle.

Which statement is true about Balance Forward Billing?

• A.Balance Forward Bills must be enabled at each bill-to-site level.
• B.The Balance Forward Bill of a previous cycle need not be generated as Final to generate the Balance Forward Bill of the current cycle.
• C.Transactions included on a Balance Forward Bill can be updated.
• D.Balance Forward Bills can be created for a future date.

What is the initial status of a newly created bill receivable?

• A.Awaiting submission
• B.Pending posting
• C.New
• D.Pending remittance
• E.Awaiting approval

When a customer opts to make a payment by a credit card, this receipt is identified as a(n) _______________.

• A.AutoLockbox receipt
• B.quick cash receipt
• C.automatic receipt
• D.manual receipt
• E.miscellaneous receipt