Vendor: Oracle
Exam Code: 1Z0-1056-21
Exam Name: Oracle Financials Cloud: Receivables 2021 Implementation Essentials
Certification: Oracle Certifications
Total Questions: 110 Q&A
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Updated on: Jun 14, 2026
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Your customer has a state tax of 20% and a city tax of 10% as non-inclusive tax rates that are applicable on a transaction line. Your invoice has two lines: Line1 with $600 USD and Line2 with $400 USD. What will be the resulting tax and invoice amounts for your tax invoice?
A. state tax of $166.67 USD for the invoice, city tax of $16.67 USD, and an invoice total of $1,184.34 USD.
B. state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,257.78 USD.
C. state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of $1,000 USD.
D. state tax of $200 USD for the invoice, city tax of $10 USD, and an invoice total of $1,210 USD.
E. state tax of $200 USD for the invoice, city tax of $100 USD, and an invoice total of $1,300 USD.
What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?
A. the extended SSP amounts for all performance obligations in the customer contract
B. the SSP amounts for all performance obligations in the customer contract
C. the selling price for all performance obligations in the customer contract
D. the allocated amount for all performance obligations in the customer contract
E. the billing amount for all performance obligations in the customer contract
Which four output file types are available when you run the "Print Receivables Transactions" program?
A. JPG
B. PDF
C. Excel
D. HTML
E. Word
F. Zipped PDFs
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