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Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

1. Where is the summary delinquency data displayed In the Collections Work Area?

A) Profile Tab
B) History Tab
C) Aging Tab
D) Transactions Tab

2. Which is NOT a valid Infotile in the Accounts Receivables Work Area?

A) Lockbox Exceptions
B) Unapplied Receipts
C) Unapplied Credits
D) Receipt Batches
E) Unidentified Receipts

3. What information does the Collector see in the Activities List area of the Collections Dashboard?

A) tasks assigned to the Collector, such as follow-up calls
B) customer search as per the parameter specified
C) customer's profile for each assigned customer
D) status of processing activities from the Process Monitor
E) summary of aged transactions

4. Which two statements are true about configuring Collection Strategies?

A) You need to create Strategy Tasks of the type "Automatic" only.
B) You need to SGI the (Collections Method to Strategies for the relevant business unit.
C) You need to define an Aging Method that meets the requirements of your organization.
D) You need to create Scoring Formulae (or use predefined Scoring Formulas).

5. Your client's legacy system uses a hierarchical parent/child relationship to organize customer information because a single customer may have more than one bank account or payment method.
Does this prevent you from using the Oracle Fusion Trading Community Model Data Import program?

A) The program allows table hierarchies for customer bank accounts, but not for other customer information.
B) No; the program contains parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer information.
C) Yes; the program specifically prohibits parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer information.
D) The use of parent, child, and grandchild table hierarchies is allowed only in Accounts Payable, not Accounts Receivable.
E) The program allows the use of parent, child, and grandchild table hierarchies, but it requires multiple Customer Master records for each customer within the hierarchy.

Solutions: