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Oracle 1z0-1056-22 Exam Dumps - Actual Questions Answers

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1z0-1056-22 Questions and Answers

Question # 1

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 theOracle Fusion Trading Community Model Data Import program?

A.

The program allows the use of parent, child, and grandchild table hierarchies, but it requires multiple Customer Master records for each customer within the hierarchy.

B.

The program allows table hierarchies for customer bank accounts, but not for other customer information.

C.

No; the program contains parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer information.

D.

Yes; the program specificallyprohibits parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer information.

E.

The use of parent, child, and grandchild table hierarchies is allowed only in Accounts Payable, not Accounts Receivable.

Question # 2

Which flexfields are required to be used by auto invoice to identify transactions and transaction lines, if you load the interface using a customized form?

A.

Line-level transaction flexfield, Header-level transaction flexfield, Reference flexfield

B.

Line-level transaction flexfield, Header-level transaction flexfield

C.

Line-level transaction flexfield, Invoice transaction flexfield, Reference flexfield, Link to transaction flexfield

D.

Line-level transaction flexfield, Header-level transaction flexfield, Link to transaction flexfield

Question # 3

Identify the dunning letter template set provided by an application.

A.

Soft, Regular, Hard

B.

Regular, Medium, Hard

C.

Final Demand, Soft, Medium

D.

Regular, Final Demand, Medium

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Oracle 1z0-1056-22 Exam Dumps FAQs

1. What is the Oracle 1Z0-1056-22 Exam?

The Oracle 1Z0-1056-22, now retired and replaced by the 1Z0-1056-23, was an exam for professionals seeking the Oracle Financials Cloud: Receivables 2022 Implementation Professional certification. This certification validated your expertise in implementing and configuring Oracle Receivables Cloud solutions.

2. What is the format of the Oracle 1z0-1056-22 Exam?

The Oracle 1z0-1056-22 Exam is a multiple-choice exam.

3. What topics are covered in the Oracle 1Z0-1056-22 Exam?

The Oracle 1Z0-1056-22 exam covered a wide range of topics related to Oracle Receivables Cloud, including:

  • Customer setup and management
  • Receivables transactions and accounting
  • Revenue recognition and collections
  • Payment processing and disbursements
  • Integrations with other Oracle Cloud applications
  • Security and data management

4. What are the benefits of passing the Oracle 1Z0-1056-22 Exam?

Passing the exam demonstrated your proficiency in Oracle Receivables Cloud and could lead to:

  • Increased job opportunities and career advancement
  • Higher earning potential
  • Validation of your skills and knowledge to employers
  • Enhanced confidence and credibility in your field

5. Are there any prerequisites for taking the 1Z0-1056-22 Exam?

While no formal prerequisites existed, it was recommended to have:

  • Experience working with Oracle Financials applications
  • Understanding of accounting principles and revenue recognition concepts
  • Familiarity with cloud computing concepts

6. Does DumpsMate offer practice questions and study guides for the Oracle Financials Cloud Certification Exam?

Yes, DumpsMate provides comprehensive study guides and practice tests, including real exam questions for the Oracle Financials Cloud Certification Exam. Our resources are designed to help you understand the concepts thoroughly and feel confident on exam day.

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