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Oracle 1z0-1056-22 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1056-22
Exam Name:
Oracle Financials Cloud: Receivables 2022 Implementation Professional
Vendor:
Questions:
152
Last Updated:
Jul 14, 2025
Exam Status:
Stable
Oracle 1z0-1056-22

1z0-1056-22: Oracle Other Certification Exam 2025 Study Guide Pdf and Test Engine

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Oracle Financials Cloud: Receivables 2022 Implementation Professional Questions and Answers

Question 1

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

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Question 2

Which three receipts can be automatically applied by a system? (Choose three.)

Options:

A.

receipts that are unapplied

B.

receipts created in a spreadsheet and uploaded

C.

miscellaneous receipts

D.

receipts that are manually created

E.

receipts created in a lockbox and uploaded

Question 3

A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on openinvoices, but some of the amounts have exceeded the Billing Specialist's approval limits.

What would be the result?

Options:

A.

The program creates the adjustments with a status of Pending Approval for the amount that exceeds the Billing Specialist's approval limits.

B.

The program can be run only if the amount is within the Billing Specialist's approval limits.

C.

The program creates the adjustments with a status of Rejected for the amount that exceeds the Billing Specialist's approval limits.

D.

The programcreates the adjustments only for the amounts within the Billing Specialist's approval limits.