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Oracle 1z0-506 Exam Syllabus Topics:

Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. The Collections Manager is identifying delinquent transactions, while submitting the Determine
Delinquency lining Scoring program, in which business unit will the collections Manager be able to view the parameters list?

A) Only those business units for which there are delinquent customers
B) Only those business units for which the user has access
C) All business units in the organization
D) Only the business unit to which the user belongs

2. The Receipt Remittances Region on the Receivable Balances Work Area has tabs containing Information on receipts. What are two tabs in the Receipt Remittance Region?

A) Unapplied Receipts
B) On Account Receipts
C) Pending Clearance
D) Pending Confirmation
E) Pending Approval

3. The default dunning contact name can be specified in the __________.

A) Create Dunning Configuration in the Manage Dunning Configuration
B) Dunning Configuration Details in the Manage Dunning Configuration
C) Global Preferences in the Manage Collection Preferences
D) Preferences in the Manage Collection Preferences

4. The Collections Dashboard is comprised of the____________.

A) Delinquent Customer list, Activities list, Process Monitor table
B) Delinquent Customer list, Activities list, Customer Search feature
C) Delinquent Customer list, Activities list
D) Delinquent Customer list, Activities list, Customer Search feature. Process Monitor table

5. In the customer hierarchy of ABC Corporation, ABC Worldwide is the parent company of ABC USA and ABC Japan. ABC West is a subsidiary of ABC USA. Select three valid statements if the ABC corporation hierarchy is assigned to a Pay Below Paying relationship.

A) ABC Japan can pay its own transactions.
B) ABC Japan can pay tor ABC West, ABC USA, and its own transactions.
C) ABC USA can pay for ABC West and its own transactions.
D) ABC USA can pay for ABC Worldwide, ABC West, and its own transactions.
E) ABC Worldwide can pay for ABC USA, ABC Japan, ABC West, and its own transactions.

Solutions: