Free Oracle 1z1-506 Exam Dumps Questions & Answers

Which two display columns that impact the Collections Dashboard are defined in the Global Setup Preference Region?

• A.  Display of closed receipts
• B.  Display of customer profile
• C.  Display of open transactions
• D.  Default transaction class
• E.  Default exchange rate

Your Subledger Accountants are attempting to import their journals to the general ledger at the end of the period. The Journal import processes have completed with a warning and no Journals were generated. Which three steps would you take to troubleshoot this?

• A.  Run the Journal Import for all the group IDs.
• B.  Delete the related data on the GL interface table.
• C.  Verify the output of the Journal Import Request
• D.  Resend the transactions from the subledgers.
• E.  Confirm that data was sent from the subledger.

You are the Billing Manager and you are in charge of reviewing transactions and approving them. Which two tabs are available for your role in the Adjustments Overview Region on the Billing Work Area page?

• A.  Pending Approval
• B.  Approved
• C.  Pending My Approval
• D.  Pending Research
• E.  Pending Approval from Others

What are the three validation steps required for implementing dispute processing?

• A.  BPM Work List for approval configuration is validated.
• B.  The Recognize Revenue program is scheduled.
• C.  The Document Sequencing required is set up.
• D.  Periods for which the transaction can be disputed are Open.
• E.  Transaction types are set up with appropriate Credit Memo types.

A company operates in a country with strict legislative requirements that requires the legal entity to maintain its accounting data separate from other legal entities within the company. How will you assign legal entitles during the accounting configuration?

• A.  One legal entity for ALL ledgers
• B.  Multiple legal entities sharing the same ledger
• C.  One legal entity per ledger
• D.  One legal entity per primary ledger