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Free Oracle 1z0-1056-21 Exam Questions (page: 5)

Page 3 of 15
PDF with 154 Questions

Which three Collection Preferences can be selected as the default transaction class for the Transaction tab? (Choose three.)

  1. Deposit
  2. Guarantee
  3. Debit Memo
  4. Credit Memo
  5. Charge Back

Answer(s): A,B,C



Which predefined dunning letter template is available in the Collections application?

  1. Regular, Medium, Hard, Easy
  2. Regular, Medium, Hard, Difficult
  3. Soft, Medium, Hard, Final
  4. Soft, Regular, Medium, Hard

Answer(s): C



You are reviewing an invoice on the Review Transaction page. After clicking the Sales Credit subtab, you notice the following breakdown: Revenue Allocation and Nonrevenue Allocation.

What is a Nonrevenue Allocation?

  1. sales credits associated to deferred revenue
  2. sales credit allocation based on billing corrections
  3. sales credit reversals due to credit memo creation
  4. additional incentive-based sales credits

Answer(s): C



As a consultant, you have built the following Scoring model in Advanced Collections:


If a customer has 10 past due transactions and an amount overdue of $125, what is the calculated score?

  1. 55
  2. 25
  3. 100
  4. 50
  5. 45

Answer(s): D



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