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Oracle 1z0-1056-23 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1056-23
Exam Name:
Oracle Financials Cloud: Receivables 2023 Implementation Professional
Vendor:
Questions:
32
Last Updated:
Jun 16, 2025
Exam Status:
Stable
Oracle 1z0-1056-23

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Oracle Financials Cloud: Receivables 2023 Implementation Professional Questions and Answers

Question 1

After creating Receivables Activities using the General Ledger Rapid Implementation workbook upload process a Receivables Manager wants to review and make changes if required, to the account assignments created for these Receivables Activities.

Which two Receivables Activities DO NOT have account assignments to review and change?

Options:

A.

Earned Discounts

B.

Debit Memo Reversal

C.

Miscellaneous Receipt

D.

Adjustment Activities

E.

Unearned Discounts

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Question 2

Manage Aging Methods

Scenario

Your organization needs to create their own a-bucket aging method for reporting purposes.

Task

Create a new 4-bucket Aging Method in the Collections application, where:

  • Name Of the aging method is XXAging Method (Replace XX with 03, which is your allocated User ID.)
  • Aging method is accessible to all business units
  • Aging buckets are 45 days apart
  • Last bucket is 91 days

Options:

Question 3

You are an IT contractor for a client who wants to increase internal controls on bank accounts set up in the Cash Management application. According to their new policy, a Cash Manager s ability to add. review, or make changes to bank accounts must be regionalized and restricted by their org structure.

Which statement is true about the restrictions applied to the setup?

Options:

A.

Cash Managers can create and manage bank accounts for only those legal entities to which they are given access.

B.

Cash Managers can create and manage bank accounts for only those business units to which they are given access.

C.

Cash Managers can only create but not manage bank accounts for those legal entities to which they are given access.

D.

Cash Managers cannot create but only manage bank accounts for those legal entities to which they are given access.