1Z0-1056-22 Online Practice Questions and Answers

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

You need to make decisions about how an application should behave, such as date ranges and defaults.

What should you consider before defining Collections Preferences?

A. scheduled processes

B. system privileges

C. user application privileges

D. the employees who are involved with the collections process and how the collectors will be assigned

E. customer contact information

Which role provides access to Receivables ?Revenue Adjustments Real Time OTBI Subject area?

A. Revenue Manager

B. Accounts Receivable Manager

C. Accounts Receivable Specialist

D. BillingSpecialist

Which three receipts types can be reversed in the Cloud? (Choose three.)

A. Invoice-related receipts

B. Receipts applied to open receipts

C. Miscellaneous receipts

D. Receipts that are archived

E. Credit card chargebacks posted to GL

Where is the summary delinquency data displayed In the Collections Work Area?

A. Transactions Tab

B. History Tab

C. Profile Tab

D. Aging Tab

When reversing a receipt, if an adjustment or chargeback exists, how are the off-setting adjustments created?

A. manually, but without using the Adjustment Reversal and Chargeback Reversal activities

B. automatically, but without using the Adjustment Reversal and Chargeback Reversal activities

C. automatically by using the Adjustment Reversal and Chargeback Reversal activities

D. manually by using Chargeback Reversal activities

E. manually by usingAdjustment Reversal activities

Which two statements are true about configuring Collection Strategies?

A. You need to create Scoring Formulae (or usepredefined Scoring Formulas).

B. You need to define an Aging Method that meets the requirements of your organization.

C. You need to SGI the (Collections Method to Strategies for the relevant business unit.

D. You need to create Strategy Tasks of the type "Automatic" only.

You are explaining the benefits of using Bill Management as a self-service electronic bill presentment solution to an existing customer.

Which feature is not supported in Bill Management?

A. Makingpayments by using a credit card or the bank account

B. Managing unapplied payments

C. Managing credit memos

D. Reviewing customer account balances

E. Managing disputes

Where is the summary delinquency data displayed on the Collections Dashboard?

A. Activity tab

B. Correspondence tab

C. Profile tab

D. Aging tab

Which two determinant types are used in reference data assignment? (Choose two.)

A. Business Unit

B. Account Segment

C. Project Segment

D. Project unit