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Oracle 1z0-506 Exam Syllabus Topics:

Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. Which three actions are facilitated through The Reconciliation Summary Report?

A) Drill down from any of the summarized Receivables and Accounting amounts to see the detailed activity.
B) Drill down to see details of what still needs to be transferred and posted to the General Ledger.
C) Drill down to see reconciliation details and make reconciling for corrections.
D) Drill down to view the data and use standard Excel functionalities like sum, find, sort, and filtering WITHOUT downloading to Excel.
E) Drill down on the difference amounts to see specific reconciling items and the potential cause of the out of balance condition.

2. You have run the delinquency process for a customer and have navigated to the transactions tab to view the status. Why is the status for the transactions blank?

A) There was an error when updating the status during the delinquency process. Fix it and rerun the process.
B) The transaction status is NOT automatically updated when the process runs.
C) The status of the current or paid in full transactions appear as blank.
D) The status of the past due transactions appear as blank.

3. The collections Manager runs the Determine Delinquency Using Scoring program to identify delinquent transitions. She wants to know the status of a particular transaction. On which tab she will find the status.

A) Transaction Details tab
B) Transactions tab
C) Customer Aging tab
D) Transaction aging tab

4. You can click the manager Invoice Lines from the Billing Work Area to find Autoinvoice Exceptions. What parameters are used to summarize the exceptions for review?

A) Business Unit, Customer Name, Transaction Source, Total Amount
B) Business Unit, Transaction Source, Creation Date, Currency
C) Business Unit, Transaction Source, Transaction Type, Creation Date
D) Business Unit, Transaction Type, Invoice Date, Currency

5. Tables for the Customer Master are owned by ____________.

A) Oracle Fusion Customer Relationship Management
B) Oracle Fusion Receivables
C) Oracle Fusion Distributed Order Orchestration
D) Oracle Fusion Trading Community Architecture

Solutions: