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Oracle 1z1-506 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Period Close | - Period Close
|
| Customer and Account Management | - Customer Data
|
| Receipts and Cash Management | - Receipt Processing
|
| Collections and Credit Management | - Credit Management
|
| Receivables Implementation Overview | - Oracle Fusion Financials Architecture
|
| Transaction Processing | - Billing and Invoicing
|
| Enterprise and Receivables Configuration | - Enterprise Structures
|
Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:
The rules applicable to issue refunds are____________. Select two.
- A. You can issue a credit card refund to a customer who has made a cash payment.
- B. You can refund receipts that were either remitted or cleared.
- C. You can refund receipts that are factored.
- D. You can NOT refund more than either the original receipt amount or the remaining unapplied amount.
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What information does the Collector see in the Activities List area of the Collections Dashboard?
- A. Tasks assigned to the Collector, such as follow up calls
- B. Customer search as per the parameters specified
- C. Status of processing activities from the Process Monitor
- D. Information about customers who have overdue bills
An interactive report is based on real-time data and is always user interactive. What is true about Interactive reports?
- A. The user can NOT drill down from the Interactive reports user interface
- B. Interactive reports ALWAYS require an ESS program to be run.
- C. The report is always ad hoc.
- D. The user can enter parameters to limit the information to be included.
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
What are the steps in running the AutoLockbox Concurrent Process?
- A. Import bank file, validate data, and post QuickCash.
- B. Enter receipts, validate data, and apply QuickCash.
- C. Import bank file, enter receipts, and validate QuickCash.
- D. Enter receipts, import bank file, validate data, and post QuickCash.
Explanation: Only visible for Dumpexams members. You can sign-up / login (it's free).
Oracle has seeded out of the box printing templates defined for each transaction class. How many pre-seeded templates are available?
- A. 6
- B. 4
- C. 5
- D. 8
