Sample Questions:

For any scoring model, you can define a set of automation rules to guide the implementation of credit decisions without user intervention. Under what situation are automation rules preferred?

When credit risk defined by an enterprise's policies is high

When credit risk defined by an enterprise's policies is minimal

When credit risk defined by an enterprise's policies is unrated

When credit risk defined by an enterprise's policies is moderate

Which form can you use to set up automatic transaction numbering?

Profile Options

System Options

Transaction Types

Transaction Sources

Journal source, journal category, balance type, period, and effective date are used to define the _____ criteria set.

AutoPost

Mass Allocations

Recurring

Journals

Identify four discount basis options available that define how Receivables calculates discounts. (Choose four.)

Gross amount

Freight amount

Invoice amount

Lines only amount

Lines and tax amount

You have the option to define your own accounting rules in Oracle Subledger Accounting to meet your implementation's business requirements by using ______.

Auto Cash rule sets

Application rule sets

The accounting methods builder

The Revenue Accounting Management wizard

You have Oracle Receivables and Trade Management installed to manage claims. You discover that one claim is a split claim, that is, half valid and half invalid. Identify three correct statements about split claims. (Choose three.)

The amount of the claim is split in Receivables

Splits are never shown in Receivables, they look like one claim.

The originating non-invoice-related claim number would be shown in Receivables with the split number

When a claim is split in Trade Management, the information is not immediately updated in Receivables.

Claim information is automatically updated in Receivables when one of the claims is resolved directly from Trade Management.

You are implementing Oracle Receivables and Oracle Trade Management for claim investigation. You often need to create chargebacks to handle short payments and overpayments on invoices sent to your customers. You have a business need to manually number the chargeback transactions in Oracle Receivables to match a chargeback case number. What is true about meeting this requirement?

Chargebacks in Oracle Receivables can be manually numbered.

Chargebacks in Oracle Receivables always need to be automatically numbered.

Chargebacks in Oracle Receivables can be manually numbered if the base numbering option of manual is selected.

Chargebacks in Oracle Receivables need to be automatically numbered only when document sequencing option of manual is not selected.