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Oracle Financials Cloud: Receivables 2024 Implementation Professional Sample Questions:

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

A) Displaying clearing company balancing lines.
B) Comparing receivables and payables account balances and identifying discrepancies.
C) Identifying transaction portions (either receiver or provider side) that have not posted to General Ledger.
D) Displaying intercompany receivables and payables balancing lines.

2. You are a functional user who has been tasked with creating an Oracle Transactional Business Intelligence (OTBI) analysis. You are still learning how to use OTBI, and the analysis you need to create is not complex.
Which tool should you use to create this analysis?

A) BI Publisher
B) BI Composer
C) Dashboard Builder
D) BI Answers

3. Identify the dunning letter template set provided by an application.

A) Regular, Medium, Hard
B) Final Demand, Soft, Medium
C) Soft, Regular, Hard
D) Regular, Final Demand, Medium

4. it has been decided that when processing customer payments using lockbox one customer can pay for another customer's transaction.
Which two steps will help achieve this?

A) Define a business purpose of invoice to each customer address.
B) Define a relationship between the two customer accounts.
C) Define and share a cash pool bank account between the customers.
D) Define a netting agreement between the two customer accounts.
E) Select the Allow payment of unrelated transactions Receivables System Option.

5. As a Billing Manager you are responsible for reviewing adjustments and approving them. Which action is not available in the "Approve Adjustments" page?

A) Reassign
B) Request Information
C) Edit
D) Approve
E) Reject

Solutions: