Online Access Free 1z0-506 Exam Questions

What are the three drilldown options available in the task pane for Receipt Remittance?

• A.Create receipt remittance batch
• B.Manage fund transfers
• C.Apply credit memo
• D.Lockbox transmission history
• E.Manage receipt remittance batches

When running the delinquency process for a customer, the business unit for which you want to run the process is NOT appearing in the drop down menu. Identify the action you need to take.

• A.Click the check box to enter the default business unit if it is NOT appearing in the drop down menu.
• B.Only the business units the user has access to will appear in the list of values. Modify the security options to provide access to the user.
• C.Click on the Settings button to apply the appropriate settings so that the business unit appears in the chop down menu.
• D.The business unit is NOT a required option In the Parameters tab to run the delinquency process.

Identify the different dunning letter versions provided to the customer.

• A.Soft, Regular, Hard
• B.Final Demand, Soft, Medium
• C.Regular, Final Demand, Medium
• D.Regular, Medium, Hard

An invoice for $100 has revenue deferred due to unmet payment based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 has been issued against this Invoice. Explain how revenue accounting will occur.

• A.Unearned revenue will be credited for $100.
• B.Unearned revenue will be debited for $50.
• C.Earned revenue will be credited for $50.
• D.Earned revenue will be debited for $50.

The communication information region in the customer account record is used to maintain what customer information?

• A.Job Responsibilities
• B.Account Relationships
• C.Payment Instruments
• D.Account Profiles