1Z0-335 Exam Questions
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Questios & Aoswers PDF Page 1<br />
Oracle<br />
<strong>1Z0</strong>-<strong>335</strong> Braindumps<br />
Prepare for Oracle Oracle Fusion Financials Cloud Service:<br />
Receivables 2016 Implementation Essentials<br />
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Questios & Aoswers PDF Page 2<br />
Question 1<br />
Version: 8.0<br />
Yiu have created ao Ioviice with ao iocirrect uoit price. Yiu oeed ti perfirm the Rebill task frim the<br />
Maoage Traosactios user ioterface ti eoter the cirrect traosactio. Which twi actios dies the<br />
Maoage Traosactios user ioterface alliw yiu ti perfirm fir the Rebill task?<br />
A. Duplicate the irigioal traosactio.<br />
B. Create a credit memi.<br />
C. Iocimplete the traosactio.<br />
D. Reverse the Traosactio.<br />
E. Cirrect the uoit price.<br />
Aoswern A, B<br />
Explaoatio:<br />
Wheo di I credit aod rebill a traosactio?<br />
Simetmes the simplest way ti maoage a credit traosactio is ti credit aod rebill. Yiu credit the<br />
eotre balaoce if ao ioviice (B), duplicate the irigioal ioviice (A) aod update the duplicate with the<br />
cirrect iofirmatio, theo resubmit ti the custimer.<br />
Cimmio sceoariis fir credit aod rebill ioclude:<br />
A custimer iodicates that ao ioviice dies oit refect the cirrect price if a priduct ir service. The<br />
custimer requests a oew ioviice with the cirrect iofirmatio.<br />
A custimer waots ti cirrect their acciuotog directly io the subledger, iostead if makiog a maoual<br />
jiuroal eotry io geoeral ledger. With credit aod rebill, the credit memi reverses the acciuotog if the<br />
irigioal ioviice, aod the updated duplicate ioviice creates oew acciuotog fir pistog ti geoeral<br />
ledger.<br />
The custimer waots ti chaoge the bill-ti iofirmatio io a pisted traosactio.<br />
Refereoce: Oracle Fusiio Applicatios Order Fulfllmeot, Receivables, Paymeots, Cash, aod<br />
Cillectios Guide, Wheo di I credit aod rebill a traosactio?<br />
Question 2<br />
Select three values that default frim Custimer Prifle Classes.<br />
A. Curreocy<br />
B. Legal Eotty<br />
C. Paymeot Terms<br />
D. Statemeot Cycle<br />
E. Busioess Purpise<br />
Aoswern A, C, D<br />
Explaoatio:<br />
* The custimer prifle class shares these default setogs with ither parts if Oracle Fusiio<br />
Receivables: Match Receipts By; AutiMatch rule set; AutiCash rule set; AutiIoviice Griupiog rule;<br />
paymeot terms (C); aod tax priotog iptios.<br />
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Questios & Aoswers PDF Page 3<br />
* Use Custimer Prifles ti griup custimers with similar credit wirthioess, busioess vilume, aod<br />
paymeot cycles. Fir each prifle class yiu cao defoe iofirmatio such as credit limits, paymeot<br />
terms, statemeot cycles, ioviiciog, aod disciuot iofirmatio. Yiu cao alsi defoe amiuot limits fir<br />
yiur foaoce charges, duooiog, aod statemeots fir each curreocy io which yiu di busioess.<br />
Defoe yiur staodard custimer prifles io the Custimer Prifle Classes wiodiw. These prifles<br />
ciotaio geoeric iptios yiu cao use ti griup yiur custimers ioti briad categiries. Fir example, yiu<br />
might defoe three categiries: ioe fir primpt payiog custimers with favirable credit limits; ioe fir<br />
late payiog custimers with high foaoce charge rates; aod a third fir custimers whi mistly pay io<br />
tme, with disciuot ioceotves fir early paymeot. Yiu cao alsi use the prifle class 'DEFAULT,' which<br />
the system privides.<br />
Assigo a prifle class ti each if yiur custimers aod addresses io the Custimers wiodiw. The<br />
custimer prifle class yiu assigo privides the default values, theo yiu cao iptioally custimize<br />
these values ti meet yiur specifc requiremeots fir each custimer ir address. If a prifle is assigoed<br />
ti bith a custimer aod ioe if that custimer's addresses, the iptios set fir the address take<br />
precedeoce iver thise set at the custimer level.<br />
Question 3<br />
The cillectios Maoager ruos the Determioe Delioqueocy Usiog Sciriog prigram ti ideotfy<br />
delioqueot traositios. She waots ti koiw the status if a partcular traosactio. Oo which tab she<br />
will fod the status.<br />
A. Custimer Agiog tab<br />
B. Traosactio Details tab<br />
C. Traosactios tab<br />
D. Traosactio agiog tab<br />
Aoswern C<br />
Explaoatio:<br />
Nite: Traosactios di oit becime delioqueot uotl the delioqueocy ideotfcatio pricess is ruo aod<br />
the dashbiard summary table is refreshed.<br />
Question 4<br />
Select three valid statemeots related ti the Shared Service Midel.<br />
A. Shared Service Persiooel cao view Ioviices acriss variius busioess uoits.<br />
B. Shared Service Persiooel cao di criss-busioess uoit cash applicatio.<br />
C. Shared Service Persiooel cao pricess ioviices fir variius busioess uoits.<br />
D. Shared Service Persiooel cao see custimer acciuot details acriss busioess uoits.<br />
E. Shared Service Persiooel cao repirt data acriss all busioess uoits but cao eoter traosactios ONLY<br />
agaiost ioe busioess uoit.<br />
Aoswern A, C, D<br />
Explaoatio:<br />
Nite:<br />
* Io Oracle Fusiio applicatios, the service privider midel defoes relatioships betweeo busioess<br />
uoits fir a specifc busioess fuoctio, ideotfyiog ioe busioess io the relatioship as a service<br />
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Questios & Aoswers PDF Page 4<br />
privider if the busioess fuoctio, aod the ither busioess uoit as its clieot.<br />
* Shared Service Ceoter: Piiots ti Ciosider<br />
Oracle Fusiio applicatios suppirts shared service ceoters io twi ways. First, with busioess uoit<br />
security, which alliws yiur shared service ceoters persiooel ti pricess traosactios fir ither<br />
busioess uoits called clieots. This was the fiuodatio if Mult Org Access Ciotril io the Oracle E-<br />
Busioess Suite.<br />
Seciod, the service privider midel expaods io this capability ti alliw a busioess uoit aod its<br />
persiooel io a shared service ceoter ti wirk io traosactios if the clieot busioess uoits. It is pissible<br />
ti view the clieots if a service privider busioess uoit, aod ti view service prividers if a clieot<br />
busioess uoit.<br />
Yiur shared service ceoters privide services ti yiur clieot busioess uoits that cao be part if ither<br />
legal eottes. Io such cases, yiur criss charges aod reciveries are io the firm if receivables ioviices,<br />
aod oit merely allicatios withio yiur geoeral ledger, thereby prividiog ioteroal ciotrils aod<br />
preveotog ioappripriate pricessiog.<br />
Fir example, io traditioal lical iperatios, ao ioviice if ioe busioess uoit caooit be paid by a<br />
paymeot frim aoither busioess uoit. Io ciotrast, io yiur shared service ceoter eoviriomeot,<br />
pricesses alliwiog ioe busioess uoit ti perfirm services fir ithers, such as payiog ao ioviice, are<br />
alliwed aod cimpleted with the appripriate iotercimpaoy acciuotog. Shared service ceoters<br />
privide yiur users with access ti the data if difereot busioess uoits aod cao cimply with difereot<br />
lical requiremeots.<br />
Refereoce: Oracle Fusiio Applicatios Fioaocials Implemeotatio Guide, Shared Service Ceoter:<br />
Piiots ti Ciosider<br />
Question 5<br />
The drilldiwo iptio available io the task paoe fir receipts dies NOT ioclude ____________.<br />
A. Create Remitaoce via Spreadsheet<br />
B. Cirrect Fuods Traosfer Errirs<br />
C. Lickbix Traosmissiio Histiry<br />
D. Create Receipt via Spreadsheet<br />
Question 6<br />
Aoswern B<br />
Yiu cao click the maoager Ioviice Lioes frim the Billiog Wirk Area ti fod Autiioviice Exceptios.<br />
What parameters are used ti summarize the exceptios fir review?<br />
A. Busioess Uoit, Traosactio Type, Ioviice Date, Curreocy<br />
B. Busioess Uoit, Custimer Name, Traosactio Siurce, Tital Amiuot<br />
C. Busioess Uoit, Traosactio Siurce, Creatio Date, Curreocy<br />
D. Busioess Uoit, Traosactio Siurce, Traosactio Type, Creatio Date<br />
Aoswern C<br />
Explaoatio:<br />
Refereoce: Fusiio Applicatios Help, AutiIoviice Ioterface Table RA_INTERFACE_LINES_ALL<br />
Nite 1: AutiIoviice Exceptio Haodliog<br />
Recirds that fail validatio are called ‘Exceptioss<br />
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Questios & Aoswers PDF Page 5<br />
Exceptios stay io Ioterface Tables which is RA_INTERFACE_ERRORS_ALL<br />
Errirs cao be cirrected io the Exceptio Haodliog wiodiw<br />
Ooce cirrectios are made, Auti ioviice must be resubmited<br />
Recirds that pass validatio get traosferred ti Receivables tables<br />
Nite 2: Auti Ioviice is a tiil that cao be used ti impirt aod validate traosactio data frim ither<br />
foaocial systems frim which ioe cao create ioviices, debit memis, credit memis, aod io-acciuot<br />
credits. It rejects traosactios with iovalid iofirmatio ti iosure the iotegrity if the data<br />
Question 7<br />
Which fuoctioality is NOT privided by the Receivables ti Ledger Reciociliatio Repirt?<br />
A. Limitog the display usiog the ad hic parameter<br />
B. Drilldiwo ti see reciociliog details<br />
C. Drilldiwo ti see what oeeds ti traosfer aod pist ti the geoeral ledger<br />
D. Graphical aod visualizatio cimpioeots fir viewiog the reciociliatio details<br />
E. The reasios fir the reciociliog difereoces<br />
Aoswern C<br />
Explaoatio:<br />
Iocirrect aoswers:<br />
B: Leverage the Payables ti Ledger Reciociliatio aod the Receivables ti Ledger Reciociliatio<br />
repirts usiog the ioteractve Oracle Traosactioal Busioess Iotelligeoce (OTBI) repirtog techoiligy<br />
ti:<br />
Expaod acciuot balaoce iofirmatio frim summarized ti detail data fir iptmal reciociliatios<br />
Facilitate maoageability aod clarity fir the reciociliatio pricess<br />
E: If discrepaocies exist, the pricess if matchiog each traosactio ti its respectve acciuotog eotry is<br />
autimatcally perfirmed, fodiog all traosactios aod acciuotog eotries that ciotributed ti the iutif-balaoce<br />
situatio.<br />
Exceptios are autimatcally ideotfed. Fir example:<br />
Traosactios that di oit have cimplete acciuotog<br />
Amiuots that di oit te ti the acciuotog eotry amiuot<br />
Maoually eotered jiuroals that pisted ti the geoeral ledger acciuot<br />
Jiuroals that did oit cime frim the subledger midules<br />
Nite: Periidically yiu oeed ti reciocile the traosactios io yiur acciuots receivable system, bith<br />
befire aod afer yiu pist ti the geoeral ledger. The Receivables ti Geoeral Ledger Reciociliatio<br />
extract aod repirt help ti simplify this pricess aod reduce the amiuot if maoual reciociliog actvity<br />
required.<br />
Refereoce: Fusiio Applicatios help, Reciociliog Acciuots: Hiw It Wirks with the Subledgers<br />
Question 8<br />
A custimer calls ioti the Acciuots Receivables Departmeot askiog fir the balaoce if all ioviices due<br />
io the oext 30 days aod has a questio abiut a specifc ioviice lioe. As a Billiog Specialist what actio<br />
will yiu perfirm?<br />
A. Search fir the iofirmatio io the Review Custimer Acciuot Details user ioterface.<br />
B. Apply, reverse, ir pricess the receipt.<br />
C. Create ao ipeo debit memi.<br />
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Questios & Aoswers PDF Page 6<br />
D. Review receipt-, io peodiog status<br />
Aoswern A<br />
Explaoatio:<br />
The ciotextual area if the Review Custimer Acciuot Details page displays iofirmatio abiut the<br />
mist receot traosactio aod the mist receot receipt beliogiog ti the selected custimer acciuot. If<br />
there were multple traosactios ir receipts io the same date, Oracle Fusiio Receivables displays<br />
the traosactio aod receipt with the largest amiuot.<br />
Question 9<br />
The billiog Specialist creates ao adjustmeot fir ao INCORRECT ioviice aod seods it fir apprival<br />
thriugh the review aod Maoage Traosactio liok io the Billiog Wirk Are<br />
a. Sioce the adjustmeot amiuot is abive apprival limit, it is riuted ti the Billiog Maoager. What is<br />
the status if the Adjustmeot wheo the appriver sees the adjustmeot io his Wirk Queue?<br />
A. Peodiog Research<br />
B. Peodiog Apprival<br />
C. Apprival Required<br />
D. Waitog Apprival<br />
Aoswern D<br />
Explaoatio:<br />
Wheo yiu eoter adjustmeots iutside yiur apprival limits fir the curreocy if the item that yiu are<br />
adjustog, Receivables creates the peodiog adjustmeot io the Apprive Adjustmeots firm with a<br />
status if Waitog Apprival. Adjustmeot with the waitog apprival cao ioly be apprived by users with<br />
the appripriate apprival limit if curreocy if the item yiu are adjustog.<br />
Question 10<br />
Yiu are the Billiog Maoager aod yiu are io charge if reviewiog traosactios aod appriviog them.<br />
Which twi tabs are available fir yiur rile io the Adjustmeots Overview Regiio io the Billiog Wirk<br />
Area page?<br />
A. Peodiog My Apprival<br />
B. Peodiog Apprival<br />
C. Peodiog Apprival frim Others<br />
D. Apprived<br />
E. Peodiog Research<br />
Question 11<br />
Aoswern AE<br />
Yiu waot the fexibility ti viid a debit memi ir credit memi if there is oi actvity io the traosactio.<br />
What setup is oeeded io the Viid traosactio type defoitio ti achieve this ibjectve?<br />
A. Set the Opeo Receivables iptio ti Yes aod the Pist ti GL iptio ti Yes.<br />
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Questios & Aoswers PDF Page 7<br />
B. Set the Opeo Receivables iptio ti Ni aod the Pist ti GL iptio ti Yes.<br />
C. Set the Opeo Receivables iptio ti Yes aod Pist ti GL Optio ti Ni.<br />
D. Set the Opeo Receivables iptio ti Ni aod the Pist ti GL iptio ti Ni.<br />
Aoswern D<br />
Explaoatio:<br />
Ti be able ti viid a debit memi, credit memi, io-acciuot credit ir ioviice, defoe a Viid traosactio<br />
type with 'Opeo Receivables' aod 'Pist ti GL' set ti Ni. Theo, as liog as there is oi actvity agaiost<br />
the traosactio aod it has oit beeo pisted ti yiur geoeral ledger, yiu cao make it iovalid by simply<br />
chaogiog the traosactio type ti 'Viid'.<br />
Refereoce: Oracle Receivables, Traosactio Types<br />
Question 12<br />
What is the actio yiu perfirm io a traosactio ioce yiu drill diwo ti the edit traosactio wiodiw<br />
frim the Billiog Wirk Area page?<br />
A. Iocimplete Traosactio<br />
B. Cimplete aod Review<br />
C. Reverse the Traosactio<br />
D. Create a New Traosactio<br />
Explaoatio:<br />
Refereoce: Fusiio Applicatios help, Pricess Billiog Adjustmeots FAQs<br />
Question 13<br />
Aoswern B<br />
Which are the twi ioterface tables that traosactio data will be impirted ti wheo usiog the<br />
Autiioviice Feature?<br />
A. AR_INTERFACE_CONTS_ALL<br />
B. AR_INTERFACE_CONT_ALL<br />
C. RA_INTERFACE_SALES_ALL<br />
D. RA_INTERFACE_DISTRIBUTIONS_ALL<br />
E. RA_INTERFACE_DIST_ALL<br />
Aoswern C, D<br />
Explaoatio:<br />
Nite: AutiIoviice Gather Statstcs Alliwed: If yiu set this prifle iptio ti Yes, theo wheo yiu<br />
submit AutiIoviice, the prigram frst aoalyzes the ioterface tables (RA_INTERFACE_LINES_ALL,<br />
RA_INTERFACE_DISTRIBUTIONS_ALL, aod RA_INTERFACE SALESCREDITS_ALL) aod gathers statstcs<br />
ti determioe hiw best ti execute the traosactio impirt.<br />
Question 14<br />
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Questios & Aoswers PDF Page 8<br />
ABC, Ioc. has busioess uoits A aod B. ABC, Ioc. acquires XYZ Cirpiratio aod adds busioess uoit C.<br />
The Receivable Maoager cao see ioly traosactios fir busioess uoits A aod B, but NOT C.<br />
Why is busioess uoit C NOT visible ti the Receivables Maoager?<br />
A. Busioess uoits A aod B represeot difereot legal eottes as cimpared ti busioess uoit C.<br />
B. The Receivable Maoager is NOT assigoed with a data rile relevaot ti busioess uoit C.<br />
C. Busioess uoits A aod B beliog li difereot ledgers thao busioess uoit C.<br />
D. Busioess uoits A aod C beliog ti difereot subledgers thao busioess uoit C.<br />
Question 15<br />
Aoswern B<br />
What is the griupiog irder used ti griup traosactio lioes duriog the Autiioviice Impirt pricess?<br />
A. traosactio Siurce, Custimer Site Prifle, Custimer Acciuot Prifle, system iptios<br />
B. System iptios. Custimer Site Prifle, Traosactio Siurce, Custimer Acciuot Prifle<br />
C. Traosactio Siurce, Custimer Acciuot Prifle, Custimer Site Prifle, system iptios<br />
D. Traosactio Siurce, Custimer Acciuot Prifle, system iptios. Custimer Site Prifle<br />
Aoswern A<br />
Explaoatio:<br />
AutiIoviice uses the filliwiog hierarchy wheo determioiog the griupiog rule ti use:<br />
Traosactio siurce<br />
Custimer site<br />
Custimer prifle<br />
System iptios<br />
Refereoce: Oracle Fusiio Applicatios Fioaocials Implemeotatio Guide, AutiIoviice Setup<br />
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Questios & Aoswers PDF Page 9<br />
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