Online 1D0-1056-24-D Practice Test

Question 1

When running the delinquency process for a customer, the business unit for which you want to run the process does not appear in the drop-down menu.

Identify the action that you need to take.

Options :

A : Business unit is not a required option on the Parameters tab to run the delinquency process

B : Only business units that the user has access to will appear in the list of values. Modify the security options to provide access to the user.

C : Select the check box to enter the default business unit if it does not appear in the drop-down menu.

D : Click the Settings button to apply appropriate settings so that the business unit appears in the drop-down menu.

Answer: B

Question 2

Which three interest rate calculation formula methods are supported in Receivables? (Choose three.)

Options :

A : Average

B : Flat Rate

C : Declining Balance

D : Simple

E :

Compound

Answer: A,B,D

Question 3

Which three actions are facilitated through the Reconciliation Summary Report? (Choose three.)

Options :

A : drilldown to see reconciliation details and to make reconciling corrections

B : drilldown on the difference amounts to see specific reconciling items and the potential cause of the out-of-balance condition

C : drilldown from any of the summarized Receivables and Accounting amounts to see detailed activity

D : drilldown to see details of unaccounted revenue transactions not transferred and posted to the General Ledger

E : drilldown to view data and use standard Excel functions such as sum, find, sort, and filtering without actually downloading to Excel

Answer: A,B,C

Question 4

Identify two credit memo options. (Choose two.)

Options :

A : Tax only

B : Advance

C : Invoice lines

D : Paid amount only

Answer: A,D

Question 5

Your customer upload batch completes with an error and you identify the error as being due to incorrect payment method.

Which action should you take the resolve the Issue?

Options :

A : Use the Customer Data Exceptions spreadsheet.

B : Use the Customer Payment Method Exceptions spreadsheet.

C : Troubleshoot In the Manage Customers page.

D : Correct error and resubmit the batch.

Answer: B

EXPERTY DESIGNED 1D0-1056-24-D PRACTICE TEST