[Q61-Q81] 1z0-1056-22 Free Update With 100% Exam Passing Guarantee [2023]

Q61. As a consultant, you have built the following Scoring model in Advanced Collections:

If a customer has 10 past due transactions and an amount overdue of $125, what is the calculated score?

Q62. When defining the receipt method for automatic receipt processing, the business requirement is to produce the minimum number of payments.
Which receipt rule should you define?

Q63. What is the order used to group transaction lines during the AutoInvoice Import process?

Q64. What is required to register an external user to Bill Management?

Q65. Which three transaction types are used to generate late charges? (Choose three.)

Q66. Where is the summary delinquency data displayed In the Collections Work Area?

Q67. Your customer wants to retrieve values for the Line of Business segment based on Customer Class for the Revenue account.
Which option would you use to achieve this with the help of the Subledger Accounting solution?

Q68. 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?

Q69. You are asked to amend subledger accounting and reporting to include origin and history of Receivable transactions.
Which three event attributes should be used? (Choose three.)

Q70. There are a few customers that you do not want to send dunning letters to.
How would you exclude these customers from dunning?

Q71. Given the default system options:

Which two instances are you required to select for the – require salesperson flag? (Choose two.)

Q72. An invoice for $100 USD has revenue deferred due to unmet payment-based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 USD has been issued against this invoice.
Explain how revenue accounting will occur.

Q73. After reviewing an incomplete invoice, the Billing Manager clicks the Complete button in the Transactions window.
What are three results of this action? (Choose three.)

Q74. Which statement is true about AutoAccounting?

Q75. Identify two late charge interest calculation methods. (Choose two.)

Q76. Which role provides access to Receivables – Revenue Adjustments Real Time OTBI Subject area?

Q77. A company’s policy is always to apply customer payments to debit and credit items, starting with the oldest due date.
Which function should you include in the default Auto-cash rule?

Q78. You are trying to migrate the Subledger Accounting setup by using the Export and Import functionality in the Setup and Maintenance work are a. The import process, however, returns errors. Identify two reasons for the import failure.

Q79. When running the delinquency process for a customer, the business unit for which you want to run the process does not appear in the drop-down menu.
Identify the action that you need to take.

Q80. To meet the business needs of most organizations, “Common Set” is seeded InFusion for all set-enabled objects with the exception of _________________.

Q81. A Cloud client has a requirement to process the most precise revenue recognition schedule.
Which revenue schedule would you use to achieve this requirement?