Online Access Free 1z1-962 Practice Test

Which two statements are true about Accounting for Tax on Receivables? (Choose two.)

• A.For Credit memos, if the profile "AR: Use Invoice Accounting for Credit Memos" is set to No, Receivables derive the tax account from auto-accounting.
• B.For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables derive the tax account from auto-accounting.
• C.For Miscellaneous receipts, if the receivable activity tax rate code source is Activity for the activity type of Miscellaneous Cash, Receivables use the tax account that is defined on the receivable activity.
• D.For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables use the tax account that is defined on the receivable activity.
• E.For Adjustments, if the receivable activity tax rate code source is Invoice, Receivables use the tax account of the tax code.
• F.For Credit memos, if the profile "AR: Use Invoice Accounting for Credit Memos" is set to Yes, Receivables derive the item distribution from the invoice and the tax account from auto-accounting.

Which method is used to allocate total transaction price across performance obligations in Revenue Management?

• A.Alternative Allocation Method
• B.Residual Allocation Method
• C.Relative Allocation Method
• D.Inverted Allocation Method
• E.Two Step Allocation Method

What are the three drilldown options available in the task pane for Receipt Remittance? (Choose three.)

• A.Create Receipt Remittance Batch
• B.Correct Funds Transfer Errors
• C.Manage Receipt Remittance Batches
• D.Create Automatic Receipts
• E.Lockbox Transmission History

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

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

Where is the summary delinquency data displayed on the Collections Dashboard?

• A.Aging tab
• B.Profile tab
• C.Activity tab
• D.Correspondence tab