Online Access Free 1z0-335 Exam Questions

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 his approval limits, what will be the result?

• A.The program creates the adjustments with a status of Rejected for the amount that exceeds his approval limits.
• B.The program creates the adjustments with a status of Pending Approval for the amount that exceeds his approval limits.
• C.The program can only be run if the amount is within his approval limits.
• D.The program creates adjustments only for the amounts within his approval limit

The AutoCash Rule Set defines the order in which the system will apply the receipt to an open debit Item. Which Autocash Rule is NOT defined in the receivables setup?

• A.Apply to the oldest invoice first
• B.Clear past due invoices grouped by Payment Terms
• C.Apply to the latest invoice first
• D.Clear past due invoices

What information does the Collector see in the Activities List area of the Collections
Dashboard?

• A.Information about customers who have overdue bills
• B.Customer search as per the parameters specified
• C.Tasks assigned to the Collector, such as follow up calls
• D.Status of processing activities from the Process Monitor

The Billing Specialist has entered an invoice in a foreign currency. After completing the invoice she realized that she has to adjust the conversion rate on the transaction. The invoice is already paid and has a receipt applied to it. Which is the setup that is NOT relevant to the Billing Specialist?

• A.Recreate the transaction at a new rate.
• B.Adjust the conversion rate.
• C.Reverse the transaction.
• D.Incomplete the transaction.

You are not able to initiate a bankruptcy request at the customer site level on behalf of a customer. Which two conditions are failing?

• A.Preferences must be enabled and enable bankruptcy must be set to Yes for the customer.
• B.The customer does not have the default strategy and default collector assigned at the customer account and site level.
• C.Bankruptcy must be applied at the customer level, which includes all transactions at the customer, account, and site levels.
• D.The Collections Administrator creates a bankruptcy request in the Customer
  Relationship Management (CRM) application and a collector should have the collection manager and customer profile administrator roles assigned.
• E.The collections manager creates a bankruptcy request in the Customer Relationship management (CRM) application and a collector should be configured as a resource.
• F.Preferences must be enabled and enable bankruptcy must be set to Yes in Manage collections preferences in the Functional Setup manager for Advanced Collections.