Online Access Free 1z0-506 Practice Test

A customer calls into the Accounts Receivables Department asking for the balance of all invoices due in the next 30 days and has a question about a specific invoice line. As a Billing Specialist what action will you perform?

• A.Apply, reverse, or process the receipt.
• B.Review receipt-, in pending status
• C.Create an open debit memo.
• D.Review the invoice in the Review Customer Account Details user interface.

Which three steps of the Fund Capture Process are controlled by rules in the Fund Capture Process Profile?

• A.Creation of routing rules
• B.Creation of Settlement grouping rules
• C.Building Settlements into a settlement batch
• D.Transmitting messages to the payment system
• E.Formatting messages

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

• A.Manually using Chargeback Reversal activities
• B.Manually, but WITHOUT using Adjustment Reversal and Chargeback Reversal activities
• C.Automatically, but WITHOUT using the Adjustment Reversal and Chargeback Reversal activities
• D.Automatically using the Adjustment Reversal and Chargeback Reversal activities
• E.Manually using the Adjustment Reversal

Tables for the Customer Master are owned by ____________.

• A.Oracle Fusion Distributed Order Orchestration
• B.Oracle Fusion Receivables
• C.Oracle Fusion Trading Community Architecture
• D.Oracle Fusion Customer Relationship Management

You can click the manager Invoice Lines from the Billing Work Area to find Autoinvoice Exceptions. What parameters are used to summarize the exceptions for review?

• A.Business Unit, Transaction Source, Transaction Type, Creation Date
• B.Business Unit, Transaction Source, Creation Date, Currency
• C.Business Unit, Customer Name, Transaction Source, Total Amount
• D.Business Unit, Transaction Type, Invoice Date, Currency