Online Access Free 1z0-962 Practice Test

What validation step is required for implementing dispute processing?

• A.BPM Work List for approval configuration is validated.
• B.All transactions are of the invoice type.
• C.The Recognize Revenue Program is scheduled.
• D.Periods for which the transaction can be disputed are Open.

Which two duties are included in the Accounts Receivable Specialist associated role? (Choose two.)

• A.Trading Community Hierarchy Management Duty
• B.Import Payables Invoices Duty
• C.Receipt Creation Duty
• D.Payment Settlement Management Duty

What are the three seeded contract configuration rules that Revenue Management provides to automatically create contracts? (Choose three.)

• A.by Source Document and time frame
• B.by Item and time frame
• C.by Quote Number and time frame
• D.by Customer and time frame
• E.by Source Document Line andtime frame

You have created a sales invoice for $900 USD with an item line of $750 USD and a tax rate of 20%. The customer has made a payment of $500 USD and you are required to process the cash application to apply the $500 USD to the item line and $0 USD to tax.
How would you achieve this?

• A.Set the credit classification revenue recognition policy to look for Line First and Tax Later.
• B.Set Application Rule Set to Line First--Tax After at the transaction source level and/or a default value at the receipt method.
• C.Set the payment terms revenue recognition policy to look for Line First and Tax Later.
• D.Create a Memo Line or receivable activity to have the check box selected for Apply Item Line First.
• E.Set Application Rule Set to Line First--Tax After at the transaction type level and/or a default value at system options.

You are the Billing Manager and you are responsible for reviewing adjustments and approving them.
Which two tabs are available in the Adjustments Overview Region on the Billing Work Area page? (Choose two.)

• A.Pending Approval
• B.Pending My Approval
• C.Approved
• D.Pending My Research
• E.Pending Approval From Managers