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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. What is true about the aged dunning method?

A) The content of the dunning letter will NOT change as the oldest aged transaction moves into next aging bucket.
B) Aged dunning sends dunning letters based on the age of the oldest translation and the number of days since the last letter was sent.
C) Multiple aged dunning letters are sent to the same customer who has more than one delinquent transaction.
D) Aged dunning sends dunning letters based on the age of the oldest transaction.

2. Which transaction will be included when selecting transactions of specified customers in the Create Balance Forward Billing Program?

A) Transactions that were included on a previous Balance Forward Bill
B) Transactions that have the selected payment terms
C) Transactions that have a Bill Type of Imported
D) Transactions that have the Print Option set to Do Not Print

3. The Billing manager has navigated to the Billing Work Area to complete a transaction. The Incomplete transactions Overview Region on the Billing Work Area page has a drilldown option through which column to complete the transaction?

A) Transaction Number
B) Transaction Class
C) transaction Source
D) Transaction Date

4. In the customer hierarchy of ABC Corporation, ABC Worldwide is the parent company of ABC USA and ABC Japan. ABC West is a subsidiary of ABC USA. Select three valid statements if the ABC corporation hierarchy is assigned to a Pay Below Paying relationship.

A) ABC USA can pay for ABC Worldwide, ABC West, and its own transactions.
B) ABC Japan can pay its own transactions.
C) ABC Worldwide can pay for ABC USA, ABC Japan, ABC West, and its own transactions.
D) ABC Japan can pay tor ABC West, ABC USA, and its own transactions.
E) ABC USA can pay for ABC West and its own transactions.

5. ABC, Inc. has business units A and B.
ABC, Inc. acquires XYZ Corporation and adds business unit C.
The Receivable Manager can see only transactions for business units A and B, but NOT C.
Why is business unit C NOT visible to the Receivables Manager?

A) Business units A and B represent different legal entities as compared to business unit C.
B) Business units A and B belong lo different ledgers than business unit
C) The Receivable Manager is NOT assigned with a data role relevant to business unit C.
D) Business units A and C belong to different subledgers than business unit C.

Solutions: