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Oracle 1z1-506 Exam Syllabus Topics:

Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

Question 1

The Customer Search feature in the Collections Dashboard allows collectors to find a customer by ____________.

A. Bill-to
B. Acccount
C. Customer name, account, or bill-to
D. Customer name

Question 2

The collections Manager wants to see a summary of delinquency data for a specific customer. Which tab will display the summary delinquency data?

A. Customer Aging tab
B. Transactions lab
C. Contacts tab
D. Profile lab

Question 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. Customer Aging tab
B. Transaction Details tab
C. Transactions tab
D. Transaction aging tab

Question 4

What are the three valid statements related to third-party control accounts that have the type Customer?

A. The customer subledger third party balances will be updated when Journal is completed to Draft Status.
B. The subledger journal entry lines that use this account MUST have customer information.
C. The subledger Journal entry lines that use this account need not have customer information
D. The customer sub ledger third-party balances will be updated when Journal is completed to Final Status.
E. When the third party control account is assigned to a journal line, information such as name and site MUST be provided.

Question 5

Which two display columns that impact the Collections Dashboard are defined in the Global Setup Preference Region?

A. Display of open transactions
B. Display of customer profile
C. Display of closed receipts
D. Default transaction class
E. Default exchange rate

Solutions: