Oracle 1z0-1056-21 Exam Questions

Question 6 of 71

As a consultant, you have built the following Scoring model in Advanced Collections:
Exam 1z0-1056-21: Question 6 - Image 1

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

100

Correct Answer: D

Question 7 of 71

When importing Receivable transactions into Fusion Receivables, the Autoinvoice log gives the error message “Error: Item validation org not set up for the BU.”
What action should you take to solve the issue?

Set up Item validation organization in Inventory Item.

Validate the Item validation organization in inventory Org.

Set up Item validation organization in Inventory Org.

Set up Item validation organization in Receivables System Options.

Correct Answer: D

Question 8 of 71

To determine the best approach to converting a client’s data, you must know which setups are Reference: Data Set enabled and can be shared.
Which three are Reference: Data Set enabled setups in Receivables? (Choose three.)

Revenue Contingencies

Receivables Activities

Customer Account Sites

Standard Memo Lines

Revenue Transactions

Correct Answer: A, D, E

Question 9 of 71

Each time that you run AutoInvoice, the process generates a list of records that fail validation.
Which two ways allow you to display AutoInvoice errors in an Excel workbook? (Choose two.)

using the Incomplete Infotile

using the Manage AutoInvoice Lines task

using the Manage Transactions task

using the Import Exceptions Infotile

Correct Answer: B, C

Question 10 of 71

What is the initial status of a newly created bill receivable?

Pending posting

Awaiting approval

New

Awaiting submission

Pending remittance

Correct Answer: E