Oracle 1Z0-962 Exam Dumps - Updated Jul 2020

Question 1

Identify the dunning letter template set provided by an application.

ASoft, Regular, Hard

BRegular, Medium, Hard

CFinal Demand, Soft, Medium

DRegular, Final Demand, Medium

Question 2

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

Areceipts that are unapplied

Breceipts created in a spreadsheet and uploaded

Cmiscellaneous receipts

Dreceipts that are manually created

Ereceipts created in a lockbox and uploaded

Question 3

To meet the business needs of most organizations, ''Common Set'' is seeded InFusion for all set-enabled objects with the exception of _________________.

AAutoMatch Rule Sets

BAutoCash Rules

CRevenue Scheduling Rules

DCustomer Site

EAging Methods

Question 4

If a receipt cannot be automatically matched or transaction information is not available, Receivables can use the AutoCash rule set.

In which three places is the rule set found? (Choose three.)

ASystem Options

BReceipt Class

CCustomer Site

DReceipt Method

ECustomer Account

Question 5

When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition.

Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two.)

ATime-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet.

BPre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system, or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.

CPost-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.

DTime-based contingencies must not expire before the contingency can be removed and revenue recognized.

EPayment-based contingencies do not always require payment before the contingency can be removed and revenue recognized.

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