Online Access Free 1z0-1056-22 Exam Questions

After reviewing an incomplete invoice, the Billing Manager clicks the Complete button in the Transactions window.
What are three results of this action? (Choose three.)

• A.The invoice is sent for a dunning follow-up.
• B.The invoice can now be printed.
• C.The invoice is eligible for transfer to the General Ledger.
• D.Payment schedules are created using the payment terms specified.
• E.The invoice is included in the standard aging and collection process if the transaction type has the Open Receivables option set to No.

What are the two locations where the system can look for Receipt Match By Value when Receivables applies customer payments automatically for manually created receipts? (Choose two.)

• A.Receipt Method
• B.Customer
• C.System Options
• D.AutoMatch Rule

Which three receipts can be automatically applied by the "Apply Receipts Using AutoMatch" process?

• A.Receipts that are manually created.
• B.Miscellaneous receipts.
• C.Receipts created from a lockbox and uploaded.
• D.Receipts with unapplied amounts.
• E.Receipts created in a spreadsheet and uploaded.

A Cloud client has a requirement to process the most precise revenue recognition schedule.
Which revenue schedule would you use to achieve this requirement?

• A.Variable rate
• B.Daily Revenue rate - Partial Periods
• C.Fixed Rate
• D.Period end rate
• E.Daily Revenue Rate - All periods

If a receipt cannot be automatically matched or transaction information is not available, Receivables can use the AutoCash rule set.
In which three places is the rule set found? (Choose three.)

• A.Customer Site
• B.Customer Account
• C.Receipt Method
• D.Receipt Class
• E.System Options