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Oracle 1z0-506 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Collections | - Customer correspondence process - Collections dashboard functionality - Dispute handling management - Delinquency process deployment - Collection preferences setup |
| Topic 2: Billing and Revenue Management | - Process billing transactions - Billing dashboard analysis - Bill presentment architecture - Revenue management |
| Topic 3: Other Accounts Receivable Topics | - Period close process setup - Write-offs, adjustments, and chargebacks - Subledger accounting configuration - Late charges usage |
| Topic 4: Overview of Receivables | - Reference data sets configuration - Receivables dashboard analysis - Shared service model configuration - Customer management in Accounts Receivable |
| Topic 5: Receipt Management | - Receipt dashboard usage - Customer refunds management - Receipt processing - Funds capture definition |
Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:
Question 1
Tables for the Customer Master are owned by ____________.
A. Oracle Fusion Trading Community Architecture
B. Oracle Fusion Customer Relationship Management
C. Oracle Fusion Distributed Order Orchestration
D. Oracle Fusion Receivables
Question 2
In what scenario would you delete the receipt?
A. The receipt has been applied to the wrong transaction.
B. The receipt has been created but NOT yet applied to the transaction.
C. The payment needs to be returned to the customer.
D. No payment is received from the customer for the receipt amount.
Question 3
Select a scenario that is NOT eligible for receipt reversal.
A. Reversing receipts that were applied to open receipts and both receipts have positive balance post reversal
B. Reversing a miscellaneous receipt
C. Reversing credit card refund receipts
D. Reversing a receipt applied to a transaction with a chargeback that has been posted to UK-General Ledger
Question 4
Which feature allows Collectors to comment on interactions with customers?
A. Customer Application Comments
B. Complex Application Components
C. Client Application Components
D. Common Application Components
E. Consumer Application Comments
Question 5
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.
Solutions:
| Question 1 Answer: C | Question 2 Answer: B | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: D |
