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Oracle 1z1-506 Exam Syllabus Topics:

Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. Where are the alerts and approvals displayed in the Collection Work Area?

A) Notification Pop-up
B) Activities List
C) Delinquent Customer List Region
D) Watch list

2. What is the impact on transactions if you change the billing cycle for a customer of group of customers?

A) New transaction after this change inherit the new billing cycle.
B) The billing cycle does NOT have any impact on new transactions.
C) Existing transactions with NO activity retain the old billing cycle.
D) Existing transactions with activity adapt the; new billing cycle.

3. The communication information region in the customer account record is used to maintain what customer information?

A) Account Relationships
B) Payment Instruments
C) Account Profiles
D) Job Responsibilities

4. When running the delinquency process for a customer, the business unit for which you want to run the process is NOT appearing in the drop down menu. Identify the action you need to take.

A) Click the check box to enter the default business unit if it is NOT appearing in the drop down menu.
B) The business unit is NOT a required option In the Parameters tab to run the delinquency process.
C) Only the business units the user has access to will appear in the list of values. Modify the security options to provide access to the user.
D) Click on the Settings button to apply the appropriate settings so that the business unit appears in the chop down menu.

5. Collections Dashboard is an Interactive Work Status tool that helps to prioritize and find items that need attention.
Which is a valid Work Status as defined in the Collections Dashboard?

A) New
B) Closed
C) Open
D) Under Process

Solutions: