Online Access Free 1Z1-1006 Exam Questions

Which two Collection Preferences can be selected as the default transaction class for the Transaction tab?
(Choose two.)

• A.Deposit
• B.Guarantee
• C.Credit Memo
• D.Charge Back
• E.Debit Memo

Which three receipts can be automatically applied by a system? (Choose three.)

• A.receipts that are manually created
• B.receipts created in a spreadsheet and uploaded
• C.miscellaneous receipts
• D.receipts that are unapplied
• E.receipts created in a lockbox and uploaded

In which two ways would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for performance obligations over time? (Choose two.)

• A.by setting SM to "Requires Complete" and SMM to "Quantity"
• B.by setting SM to "Requires Complete" and SMM to "Period"
• C.by setting SM to "Requires Complete" and SMM to "Percent"
• D.by setting SM to "Allow Partial" and SMM to "Percent"
• E.by setting SM to "Allow Partial" and SMM to "Period"

Which three actions are facilitated through the Reconciliation Summary Report? (Choose three.)

• A.drilldown to see details of unaccounted revenue transactions not transferred and posted to the General Ledger
• B.drilldown to see reconciliation details and to make reconciling corrections
• C.drilldown from any of the summarized Receivables and Accounting amounts to see detailed activity
• D.drilldown to view data and use standard Excel functions such as sum, find, sort, and filtering without actually downloading to Excel
• E.drilldown on the difference amounts to see specific reconciling items and the potential cause of the out-of-balance condition

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.