Oracle 1D0-1056-24-D Exam Real Questions

Prepare and pass your Oracle Financials Cloud: Receivables 2024 Implementation Professional - Delta with free 1D0-1056-24-D exam questions.

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Total 154 Questions | Updated On: Oct 10, 2024

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Question 1

Which three receipts can be automatically applied by the 'Apply Receipts Using AutoMatch' process?

A : ceipts that are manually created.

B : cellaneous receipts.

C : ceipts created from a lockbox and uploaded.

D : ceipts created in a spreadsheet and uploaded.

E : ceipts with unapplied amounts.

Answer: A,C,D

Question 2

What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?

A : extended SSP amounts for all performance obligations in the customer contract

B : SSP amounts for all performance obligations in the customer contract

C : selling price for all performance obligations in the customer contract

D : allocated amount for all performance obligations in the customer contract

E : billing amount for all performance obligations in the customer contract

Answer: A

Question 3

A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).

When will revenue be recognized?

A : ly after manual intervention

B : ter 100 days

C : mediately

D : ter 60 days

Answer: B

Question 4

Which three benefits do intercompany reconciliation reports provide to an accountant?

A : mparing receivables and payables account balances and identifying discrepancies.

B : playing intercompany receivables and payables balancing lines.

C : entifying transaction portions (either receiver or provider side) that have not posted to General Ledger.

D : playing clearing company balancing lines.

Answer: A,B,C

Question 5

You are configuring tax for Receivables to cash transactions.

Which two additional Party types can be selected only in the Tax engine for Receivables Transactions to identify the place of supply? (Choose two.)

A : ip-to party

B : ip-from party

C : int of origin party

D : int of acceptance party

E : ll-to party

Answer: B,C

Page: 1 / 31

Total 154 Questions | Updated On: Oct 10, 2024

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