What is the impact on transactions of changing the billing cycle for a customer or group of customers?

A. The billing cycle does not have any impact on new transactions.

B. Existing transactions with no activity retain the old billing cycle.

C. Existing transactions with activity adapt the new billing cycle.

D. New transactions after this change inherit the new billing cycle.

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

A. Transaction Source, Customer Site Profile, Customer Account Profile, system options

B. System options, Customer Site Profile, Transaction Source, Customer Account Profile

C. Transaction Source, Customer Account Profile, Customer Site Profile, system options

D. Transaction Source, Customer Account Profile, system options, Customer Site Profile

Which method is used to allocate total transaction price across performance obligations in Revenue Management?

A. Two Step Allocation Method

B. Inverted Allocation Method

C. Alternative Allocation Method

D. Relative Allocation Method

E. Residual Allocation Method

Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)

A. The Transaction Summary Report shows only transactions with a status of received.

B. The Clearing Company Balancing Lines appear in the Intercompany Reconciliation Summary Report.

C. The Reconciliation Period Summary Report shows the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.

D. The ledger balancing lines are generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.

E. You need to submit the Extract Intercompany Reconciliation Data job.

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.

A. Business unit is not a required option on the Parameters tab to run the delinquency process.

B. Only business units that the user has access to will appear in the list of values. Modify the security options to provide access to the user.

C. Select the check box to enter the default business unit if it does not appear in the drop-down menu.

D. Click the Settings button to apply appropriate settings so that the business unit appears in the drop-down menu.

Which statement is true when you create an Implementation Project for Oracle Financials Cloud?

A. The Implementation Project is preconfigured and cannot be deleted or changed.

B. You must plan your Implementation Project carefully because you cannot delete it or make changes later.

C. You must select the offering "Financials" and each individual product or option to perform the setup for each product in Oracle Financials Cloud.

D. When you select the offering "Financials," it automatically allows you to perform the setup for all Oracle Financials Cloud products.

E. You need to make only the project name unique, and then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management, and Supply Chain Management.

A business entity (your client) sells a computer, monitor, keyboard, and mouse as a single package to

consumers. The entity has identified that this bundle is a distinct performance obligation.

How would you configure the Performance Obligation Identification Rule to ensure correct grouping of

these items?

A. by defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain different values for that attribute

B. by defining a grouping rule on the customer class

C. by defining a grouping on an extensible line attribute and ensuring that the source lines for the specified items contain the same value for that attribute

D. by defining an item group and assigning that to the rule

E. by defining an exclusion rule to exclude customer classes that are "Retail"

After a customer bankruptcy is approved, what happens in the Collections application?

A. Collection activities are suspended, delinquent transactions no longer appear on the Collections Work Area and customer status is changed to Bankrupt.

B. Collection activities remain active, delinquent transactions appear in the Collections Work Area but customer status is changed to Bankrupt.

C. Collection activities are suspended and delinquent transactions appear in the Collections Work Area.

D. The Bankrupt Customer Collection job is automatically submitted to close all open transactions for the customer.

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

A. a customer account contact with the responsibility types bill to and ship-to

B. a customer account contact with a valid mailing address

C. a customer account contact with a valid mobile number

D. a customer account contact with a valid email address

Which two statements are true about processing Receivables adjustments that impact tax amounts?

A. Receivables can look at invoice and retrieve the tax rate code.

B. There is no need to retrieve the tax rate code.

C. Receivables can look at the adjustment activity and retrieve the tax rate code.

D. Receivables can look at System Options and retrieve the tax rate code.