Get a glimpse of the real 1Z0-1056-23 certification exam challenges with our free Oracle 1Z0-1056-23 practice test questions.
Question 1
Manage Aging Methods
Scenario
Your organization needs to create their own a-bucket aging method for reporting purposes.
Task
Create a new 4-bucket Aging Method in the Collections application, where:
Name Of the aging method is XXAging Method (Replace XX with 03, which is your allocated User ID.)
Aging method is accessible to all business units
Aging buckets are 45 days apart
Last bucket is 91 days
Question 2
Manage Collectors
Scenario:
You are responsible for defining a new collector. who will perform collection activities across multiple business units.
Task:
Create a new Collector. where:
Name of the collector is (Replace XX with 03. which is your allocated User ID.)
Collector must be available to all business units.
Collector maps to employee FASXX Student (Replace xx with 03, which is your allocated User ID.)
Question 3
Manage Receipt Classes and Methods
Scenario
Supremo US Business unit needs to capture customer payments that will be reconciled in the Cash Management application. You need to define a receipt class and receipt method, and assign the appropriate bank account to meet this requirement.
Task:
Define Remittance Bank Account where:
Bank Account is associated with Receipt Method
Primary bank account is linked the Denver branch of Bank of America
Bank account number ends with 2870
Remittance bank account is effective as of January 1, 2023
GL Accounts section must contain the values below for company segment 120 Supremo Fitness
Question 4
Manage Receipt Classes and Methods
Scenario
Supremo US Business unit needs to capture customer payments that will be reconciled in the Cash Management application. You need to define a receipt class and receipt method, and assign the appropriate bank account to meet this requirement.
Task:
Create Receipt Method. where:
Name of the new receipt method is XXCheck (Replace XX with 03. which is your allocated User ID.)
Receipt method must be effective as of January 1. 2023
Question 5
Manage Receipt Classes and Methods
Scenario
Supremo US Business unit needs to capture customer payments that will be reconciled in the Cash Management application. You need to define a receipt class and receipt method, and assign the appropriate bank account to meet this requirement.
Task:
Create a manual Receipt Class, where:
Name of the new receipt class is XXReceipt Class (Replace XX with 03, which is your allocated User ID.)
Receipts using this new receipt class will not be remitted
Organization will use Cash Management to clear their receipts
Master the Oracle Financials Cloud: Receivables 2023 Implementation Professional 1Z0-1056-23 exam like never before! You’ve reviewed the free 1Z0-1056-23 practice questions, but the actual Oracle Cloud certification exam demands more. Elevate your preparation with Certsmarket premium Oracle Cloud 1Z0-1056-23 practice exam questions.
Our Oracle Cloud practice test questions are aligned with the current topics and meticulously mirror the Oracle Cloud 1Z0-1056-23 real exam.
Gain invaluable insights to address your knowledge gaps and boost your confidence with Certsmarket 1Z0-1056-23 realistic practice questions. Invest in your Oracle 1Z0-1056-23 exam success today!
Get Preparation Material Now!
