Oracle 1Z0-1056-23 Online Practice Questions and Exam Preparation

Oracle 1Z0-1056-23 Online Questions & Answers

• Question 141:

  As an implementer. while importing data from a legacy/third-parly system, you forgot to populate the accounting distribution in the RA_INTERFACE_DlSTRIBUTIONS_ALL table. What happens when you run accounting?

  A. Invoice will get created but accounting will not be created.
  B. It will return an error and the data will be stuck in the interface table.
  C. Invoice will be created and the system will use the AutoAccounting configuration to create accounting.
  D. Neither invoice nor accounting will be created.
  C. Invoice will be created and the system will use the AutoAccounting configuration to create accounting.

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  Explanation/Reference:

  This is what happens when you run accounting without populating the accounting distribution in the RA_INTERFACE_DISTRIBUTIONS_ALL table. The system will use AutoAccounting to derive the accounting distribution based on your AutoAccounting rules. Verified References: [How You Import Transactions Using AutoInvoice-Oracle]

• Question 142:

  What is the order used to group transaction lines during the AutoInvoice Import process?

  A. Transaction Source, Customer Site Profile, Customer Account Profile, system options
  B. System options, Customer Site Profile, Transaction Source, Customer Account Profile
  C. Transaction Source, Customer Account Profile, Customer Site Profile, system options
  D. Transaction Source, Customer Account Profile, system options, Customer Site Profile
  A. Transaction Source, Customer Site Profile, Customer Account Profile, system options

• Question 143:

  Which two are NOT components of a Business Intelligence Publisher report? (Choose two.)

  A. View
  B. Data Model
  C. Matrix
  D. Translation
  E. Layout
  A. View
  C. Matrix

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  Explanation/Reference:

  Reference: https://docs.oracle.com/middleware/12212/bip/BIPRD/BIPRD.pdf

• Question 144:

  it has been decided that when processing customer payments using lockbox one customer can pay for another customer's transaction.

  Which two steps will help achieve this?

  A. Select the Allow payment of unrelated transactions Receivables System Option.
  B. Define a relationship between the two customer accounts.
  C. Define a netting agreement between the two customer accounts.
  D. Define a business purpose of invoice to each customer address.
  E. Define and share a cash pool bank account between the customers.
  A. Select the Allow payment of unrelated transactions Receivables System Option.
  B. Define a relationship between the two customer accounts.

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  Explanation/Reference:

  These are the two steps that will help achieve this requirement. The Allow payment of unrelated transactions Receivables System Option enables one customer to pay for another customer's transaction using lockbox. The relationship between the two customer accounts defines how payments are applied across different customers. Verified References: [How You Process Lockbox Receipts-Oracle]

• Question 145:

  What are the three drilldownoptions available in the task pane for Receipt Remittance? (Choose three.)

  A. Lockbox Transmission History
  B. Create Automatic Receipts
  C. Correct Funds Transfer Errors
  D. Create Receipt Remittance Batch
  E. Manage Receipt Remittance Batches
  B. Create Automatic Receipts
  D. Create Receipt Remittance Batch
  E. Manage Receipt Remittance Batches

• Question 146:

  Company ABC wants their logo displayed in all customer invoices. How do you meet this business requirement?

  A. Use Web Services to integrate with an external system that can handle this requirement.
  B. Modify theInvoice Print Layout Bill Presentment Template.
  C. Enable the setting "Allow Change to Printed Transactions" in Receivables System Options.
  D. Extend the "Print Receivables Transactions" program.
  A. Use Web Services to integrate with an external system that can handle this requirement.

• Question 147:

  Your client performs many customer refunds and would like to search forreal-time Receivables Refunds Status easily.

  What should you do to meet this requirement?

  A. Create a Business Intelligence Publisher Report because you cannot create an OTBI Report for refunds.
  B. Create an Oracle Business Intelligence Applications (OBIA) Report.
  C. Query each customer refund and verify the Refund Status.
  D. Create a Real Time Report by using Oracle Transactional Business Intelligence (OTBI).
  D. Create a Real Time Report by using Oracle Transactional Business Intelligence (OTBI).

• Question 148:

  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?

  A. BI Answers
  B. BI Composer
  C. BI Publisher
  D. Dashboard Builder
  C. BI Publisher

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  Explanation/Reference:

• Question 149:

  You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows. Business Unit X has a set assignment ofEnterprise Set for payment terms. Payment Term = Net 30; Reference Data Set = Enterprise Set Payment Term = Net 45; Reference Data Set = Enterprise Set Payment Term = 1%/10 Net 30; Reference Data Set = USA Set Payment Term = Net 45; Reference Data Set =USA Set If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?

  A. Net 45 (Enterprise Set), Net 45 (USA Set)
  B. Net 30 (Enterprise Set), Net 45 (Enterprise Set)
  C. Net 30 (Enterprise Set), Net 45 (USA Set)
  D. 1%/10 Net 30 (USA Set), Net 45 (USA Set)
  B. Net 30 (Enterprise Set), Net 45 (Enterprise Set)

• Question 150:

  In the customer hierarchy of Customer Corporation, Customer Worldwide is the parent company of Customer USA and Customer Japan. Customer West is a subsidiary of Customer USA.

  Which three statements are true if the CustomerCorporation hierarchy is assigned to a Pay Below Paying relationship? (Choose three.)

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