NO.28 Your organization is looking to adopt a flexible approach to control the creation of claims investigation when the lockbox files contain invalid positive remittance references. This feature helps manage lockbox files that encounter invalid transaction numbers for receipts with customer assignment.
When this option is enabled in the Manage Receivables System Options task, which process must be run in Scheduled Processes to process Lockbox Receipts with invalid transaction referenced?

NO.29 Manage Transaction Types
Scenario
A US based company acquired on January 1. 2023. requires Supremo US Business Unit to capture invoices in Oracle Financials Cloud.
Task:
Define a new Transaction Type for the class invoice, where:
Name of the transaction type is XXinvoice (Replace XX with 03.
which is your allocated User ID.)
Customer bills assigned to this transaction type must be printed
Transaction type is meant for billing transactions With open balances
Balances need to be maintained for invoices associated with this
transaction type
Freight charges must be allowed
Cash applications to invoices assigned to this transaction type must not exceed the invoice balance due Invoices associated with this transaction type must be accounted for in the General Ledger application.
Revenue GL account 41000 should be assigned as a reference account for the business unit in question and the company segment must be 120 Supremo Fitness

NO.30 As a Billing Manager you are responsible for reviewing adjustments and approving them. Which action is not available in the “Approve Adjustments” page?

NO.31 Which method is used to allocate total transaction price across performance obligations in Revenue Management?

NO.32 You defined a Payment Terms Threshold Policy to defer revenue recognition of 120 days. An invoice is imported with split Payment Terms, consisting of the following five installments:

What revenue amount would be deferred on this Imported Invoice?

NO.33 Which is NOT a valid Infotile in the Accounts Receivables Work Area?

NO.34 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 a column to complete the transaction.
Identify the column.

NO.35 What are three functions of the Create Automatic Receipt Write-offs program? (Choose three.)

NO.36 One of the customers pays its bills electronically from their bank account (Direct debit).
Which process do you need to run in Receivables to initiate the transfer of funds from their bank account to your organization’s bank account?

NO.37 Which two duties are included in the Accounts Receivable Specialist associated role? (Choose two.)

NO.38 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?

NO.39 Which three receipts can be automatically applied by the “Apply Receipts Using AutoMatch” process?

NO.40 What are the two locations where the system can look for Receipt Match By Value when Receivables applies customer payments automatically for manually created receipts? (Choose two.)

NO.41 What do you need to total in order to find the total transaction price for a customer contract that is calculated by Revenue Management?

NO.42 Which transactions are included when transactions of specified customers are selected in the Create Balance Forward Billing Program?

NO.43 Which two statements are true about Accounting for Tax on Receivables? (Choose two.)

NO.44 You have created two transactions with a 30-day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest.
Which statement is true when the create bills receivable batch is processed for a customer on January 31, 2015?

NO.45 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

NO.46 Your customer has three business units. The customer wants to share customer account addresses across these business units.
Which reference data set can be used to achieve this?

NO.47 Which two setups are required to ensure that the same tax is applied on both intercompany payable and intercompany receivable invoices? (Choose two.)

NO.48 Which two statements are true regarding the Promise to Pay feature in the Collections application?

NO.49 You are asked to amend subledger accounting and reporting to include origin and history of Receivable transactions.
Which three event attributes should be used?