Online 1Z0-1056-25 Practice Test

Question 1

In which two ways would you configure Satisfaction Method (SM) and Satisfaction Measurement Model (SMM) in Revenue Management to recognize revenue for performance obligations over time? (Choose two.)

Options :

A : by setting SM to 'Requires Complete' and SMM to 'Period'

B : by setting SM to 'Allow Partial' and SMM to 'Percent'

C : by setting SM to 'Allow Partial' and SMM to 'Period'

D : by setting SM to 'Requires Complete' and SMM to 'Quantity

E : by setting SM to 'Requires Complete' and SMM to 'Percent'

Answer: A,C

Question 2

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

Options :

A : Comparing receivables and payables account balances and identifying discrepancies.

B : Displaying intercompany receivables and payables balancing lines.

C : Identifying transaction portions (either receiver or provider side) that have not posted to General Ledger.

D : Displaying clearing company balancing lines.

Answer: A,B,C

Question 3

What is the impact on transactions of changing the billing cycle for a customer or group of customers?

Options :

A : The billing cycle does not have any impact on new transactions.

B : Existing transactions with no activity retain the old billing cycle.

C : Existing transactions with activity adapt the new billing cycle.

D : New transactions after this change inherit the new billing cycle.

Answer: D

Question 4

In Collections, strategies can be executed based on the wait times defined on a strategy task. When the feature is enabled, you can also assign wait times for strategies based on their transaction type. Which condition must be set for the transaction level when defining a new strategy task by transaction type?

Options :

A : Days Early

B : Time

C : DaysLate

D : Not Applicable

Answer: C

Question 5

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?

Options :

A : BI Answers

B : BI Composer

C : BI Publisher

D : Dashboard Builder

Answer: C

EXPERTY DESIGNED 1Z0-1056-25 PRACTICE TEST