NO.18 Which three actions can be performed in the Collections Work Area, which will have an impact on the collection process?

NO.19 Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

NO.20 You are reviewing an invoice on the Review Transaction page. After clicking the Sales Credit subtab. you notice the following breakdown: Revenue Allocation and Nonrevenue Allocation.
What is Nonrevenue Allocation?

NO.21 Your client’s legacy system uses a hierarchical parent/child relationship to organize customer information because a single customer may have more than one bank account or payment method.
Does this prevent you from using the Oracle Fusion Trading Community Model Data Import program?

NO.22 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?

NO.23 How can a Collector assigned to a Customer modify a strategy that is assigned from the Collections Dashboard?

NO.24 You have created a sales invoice for $900 USD with an item line of $750 USD and a tax rate of 20%. The customer has made a payment of $500 USD and you are required to process the cash application to apply the $500 USD to the item line and $0 USD to tax.
How would you achieve this?

NO.25 What are the three setup steps required to implement the Lockbox feature? (Choose three.)

NO.26 What validation step is required for implementing dispute processing?

NO.27 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.28 A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).
When will revenue be recognized?

NO.29 After creating Receivables Activities using the General Ledger Rapid Implementation workbook upload process a Receivables Manager wants to review and make changes if required, to the account assignments created for these Receivables Activities.
Which two Receivables Activities DO NOT have account assignments to review and change?

NO.30 Your client processes many customer refunds on a regular basis and would like to have information about recent refunds (including their status) for analytical purposes.
What should you do to meet this requirement in an efficient manner?

NO.31 You created a bills receivable that is factored with recourse and applied a wrong receipt to the short-term debt before the bill maturity date plus the risk elimination days.
Which actions are true? (Choose two.)

NO.32 Which method is used to allocate total transaction price across performance obligations in Revenue Management?

NO.33 Which two are rules applicable to issue of refunds? (Choose two.)

NO.34 After reviewing an incomplete invoice, the Billing Manager clicks the Complete button in the Transactions window.
What are three results of this action?

NO.35 Your customer has three sites defined in the system, site 1, site 2, and site 3. All sites have their own billing strategy defined and Balance Forward Billing is enabled for site 1 and Site 2 at the account level.
How will bills be generated?

NO.36 Identify the dunning letter template set provided by an application.

NO.37 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.38 When you move revenue on an invoice line from an unearned account to an earned revenue account, Receivables ______________.

NO.39 Which two statements are true about processing Receivables adjustments that impact tax amounts?

NO.40 Your customer has a state tax of 20% and a city tax of 10% as non-inclusive tax rates that are applicable on a transaction line. Your invoice has two lines: Line1 with $600 USD and Line2 with $400 USD.
What will be the resulting tax and invoice amounts for your tax invoice?