1Z0-1056-22Oracle Financials Cloud: Receivables 2022 Implementation Professional
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1Z0-1056-22 Online Practice Questions and Answers
When you move revenue on an invoice line from an unearned account to an earned revenue account, Receivables ______________.
A. removes the invoice line revenue contingencies
B. leaves the invoice line revenue contingencies until Automatic Revenue Recognition is run
C. removes the pending sales credits
D. leaves the invoice line revenue contingencies until Reconcile Revenue Contingencies is run
You are trying to migrate the Subledger Accounting setup by using the Export and Importfunctionality in the Setup and Maintenance work area. The import process, however, returns errors. Identify two reasons for the import failure.
A. an inactive Journal Line Type
B. an inactive Accounting Method
C. an inactive Mapping Set
D. an inactive Journal Entry Rule Set
Which three benefits do intercompany reconciliation reports provide to anaccountant?
A. Comparing receivables and payables account balances and identifying discrepancies.
B. Displaying intercompany receivables and payables balancing lines.
C. Identifying transaction portions (either receiver or provider side) that have not posted to General Ledger.
D. Displaying clearing company balancing lines.
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