Online Access Free 1Z1-1006 Exam Questions

Which method is used to allocate total transaction price across performance obligations in Revenue Management?

• A.Inverted Allocation Method
• B.Residual Allocation Method
• C.Relative Allocation Method
• D.Two Step Allocation Method
• E.Alternative Allocation Method

How can a Collector assigned to a Customer modify a strategy that is assigned from the Collections Dashboard?

• A.Only a Collections Administrator can modify the strategy.
• B.A strategy is automatically assigned based on Scoring and cannot be manually assigned to a Customer by a Collector.
• C.The strategy can be modified from the Manage Customers page.
• D.The Collector can modify the strategy from the Profile > Strategies 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.Pending My Approval
• B.Pending Approval
• C.Pending My Research
• D.Approved
• E.Pending Approval From Managers

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 creates the adjustments only for the amounts 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 can be run only if the amount is within the Billing Specialist's approval limits.

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

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