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Exam
: Oracle 1Z0-213
Title
: Oracle? Receivables 11i
Fundamentals
Version : Demo
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1. ABC Inc. is implementing the Oracle Accounts Receivable (AR).
The company needs a solution that provides the option of transferring a high volume of customer receipts
from the bank into the Oracle AR system.
In its legacy system, receipts are handled by two separate people, and it wants to keep the jobs this way.
Rosemary is responsible for entering the receipts and uploading them to the AR system and reporting on
the total collections for the day.
Ben is responsible for posting and applying the receipts after performing due diligence in identifying and
classifying receipts that do not have any customer information, or receipts that do not have details such as
specific Invoice numbers against which the receipt is to be applied, or receipts which have been received as
an ad-hoc payment from a particular customer.
Ben does not want the customers account balance to be affected immediately when the receipts are
transferred and uploaded to the receivables system. Before the receipts are posted and applied to each
individual customers accounts, he needs to check whether the receipts have been assigned with the
appropriate Invoice number for accurate application and whether the rest of the receipt information is
correct. It is only after performing this checking process that he finally posts the receipts through a mass
update in the present legacy system.
What is the most appropriate receipt creation method to implement in Oracle Receivables?
A.Cash Receipts
B.Manual Receipts
C.Automatic Receipts
D.Quick Cash Receipts
E.Miscellaneous Receipts
Answer: D
2. The customer service department identified an order that was shipped but was not invoiced.
Which factor is NOT a potential cause for the Accounts Receivable (AR) invoice not being created