Online Access Free 1z1-506 Exam Questions

You have created an Invoice with an incorrect unit price. You need to perform the Rebill task from the Manage Transactions user interface to enter the correct transaction. Which two actions does the Manage Transactions user interface allow you to perform for the Rebill task?

• A.Duplicate the original transaction.
• B.Reverse the Transaction.
• C.Incomplete the transaction.
• D.Create a credit memo.
• E.Correct the unit price.

The Billing Manager has to Bill Adjustment Duty role associated with him. Which task he cannot perform?

• A.Review Customer Account Activities
• B.Dispute Receivables Transaction
• C.Update Receivables Credit memo
• D.Update Receivables Invoice

The default dunning contact name can be specified in the __________.

• A.Preferences in the Manage Collection Preferences
• B.Dunning Configuration Details in the Manage Dunning Configuration
• C.Create Dunning Configuration in the Manage Dunning Configuration
• D.Global Preferences in the Manage Collection Preferences

Select three features that the Shared Service model provides to satisfy business needs.

• A.Ability to view consolidated requisitions across business units
• B.Different business units can take orders; however, orders can be managed by a shared service desk having multiple business unit access.
• C.Ability to submit and view data across different ledgers
• D.Supports access of asset Information across multiple asset books
• E.Secures user access to business units data

The Billing Specialist created and completed an invoice for $100 for Customer A.
She prints the invoice and realizes that the invoice should have been created for Customer B, not Customer A.
The accounting for the transaction for Customer A is posted to the General ledger. How can this be corrected?

• A.Create an adjustment for the entire amount and create a negative adjustment for Customer B.
• B.Create an on account credit memo for $100 for the invoice and enter a new invoice for Customer
• C.Change the status of invoice to incomplete, and enter a new invoice for Customer B.
• D.Navigate to credit transaction link in the billing work area, credit the entire amount, and enter a new invoice for Customer B.