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Oracle 1z0-506 Exam Syllabus Topics:

Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. Select three features that the Shared Service model provides to satisfy business needs.

A) Different business units can take orders; however, orders can be managed by a shared service desk having multiple business unit access.
B) Supports access of asset Information across multiple asset books
C) Ability to view consolidated requisitions across business units
D) Ability to submit and view data across different ledgers
E) Secures user access to business units data

2. The Collections Dashboard is comprised of the____________.

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

3. Which feature allows Collectors to comment on interactions with customers?

A) Customer Application Comments
B) Common Application Components
C) Consumer Application Comments
D) Client Application Components
E) Complex Application Components

4. What is the impact on transactions if you change the billing cycle for a customer of group of customers?

A) Existing transactions with activity adapt the; new billing cycle.
B) Existing transactions with NO activity retain the old billing cycle.
C) The billing cycle does NOT have any impact on new transactions.
D) New transaction after this change inherit the new billing cycle.

5. A Collections Agent wants to verify that the delinquency status are accurately assigned and all the dependent processes have occurred. Which three options are true in this scenario?

A) Go to the Collector's Work Queue and see whether the delinquent accounts are listed under the Delinquent Accounts node.
B) Select the Collections window to see the dunning events that have occurred.
C) If strategies are used, go to the Collector's Work Queue and verify that the strategy work items are listed.
D) Navigate to the Collections tab to find all delinquencies In the Collection Header.
E) Navigate to the Transactions tab to verify that the open work items are listed.

Solutions: