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Name: Oracle Financials Cloud: Receivables 2023 Implementation Professional
Exam Code: 1z0-1056-23
Certification: 1z0-1056-23
Vendor: Oracle
Total Question: 630
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NEW QUESTION: 1
To property plan for company growth. Cloud Kicks needs to track monthly revenue projections from the sales of its annual subscription service.
What should the consultant configure to support this reporting need?
A. Opportunity dashboard showing opportunities dosed each month
B. Opportunity products with monthly product Schedules
C. Opportunity products with formula fields for each month's value
D. Opportunity dashboard showing products sold each month
Answer: B

NEW QUESTION: 2
The sl:shoppingList and sl:item tags output a shopping list to the response and are used as follows:
11.
<sl:shoppingList>
12.
<sl:item name="Bread" />
13.
<sl:item name="Milk" />
14.
<sl:item name="Eggs" />
15.
</sl:shoppingList>
The tag handler for sl:shoppingList is ShoppingListTag and the tag handler for sl:item is ItemSimpleTag.
ShoppingListTag extends BodyTagSupport and ItemSimpleTag extends SimpleTagSupport.
Which is true?
A. ShoppingListTag can find the child instances of ItemSimpleTag by calling getChildren() on the PageContext and casting each to an ItemSimpleTag.
B. ShoppingListTag can find the child instances of ItemSimpleTag by calling super.getChildren() and casting each to an ItemSimpleTag.
C. It is impossible for ItemSimpleTag and ShoppingListTag to find each other in a tag hierarchy because one is a Simple tag and the other is a Classic tag.
D. ItemSimpleTag can find the enclosing instance of ShoppingListTag by calling findAncestorWithClass() on the PageContext and casting the result to ShoppingListTag.
E. ItemSimpleTag can find the enclosing instance of ShoppingListTag by calling getParent() and casting the result to ShoppingListTag.
Answer: E

NEW QUESTION: 3
Which two statements are true about processing corporate card expenses? (Choose two.)
A. You can process payment for credit card using Electronic funds transfer, check, or wire.
B. Conversion rate defaults apply only to cash expenses, not to corporate card expenses.
C. Card transactions will be paid directly from Expenses Cloud.
D. Conversion rate defaults are applicable to corporate card expenses, just as they are applicable to cash expenses.
E. Usage policy for expense category tolerances does not apply to credit card expenses.
Answer: B,E
Explanation:
Conversion rate behavior applies only to cash expenses, not to corporate card expenses.
To enable your company to pay a corporate card issuer, you enter a default payment method, whether check, EFT (Electronic funds transfer), or wire, in the Address Payment Information region of the Edit Corporate Card Issuer page, as well as bank account information.
References:
https://docs.oracle.com/cloud/latest/financialscs_gs/FAIEX/FAIEX1456644.htm
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49599/F1110434AN7B1F9.htm

NEW QUESTION: 4
US.-based ABC.com wants to consolidate the U.K. subsidiary accounting and the China subsidiary accounting into the U.S. parent accounting information. Both foreign subsidiaries and the U.S. parent have different currencies and different calendars. Which correctly describes the steps required before transferring balances to the U.S. parent?
A. Translate the foreign currency, post the translated journal entry, revalue the balance sheet accounts, run the Trial Balance Report in the translated currency in the subsidiary set of books, review the Trial Balance to ensure accuracy.
B. Run the revaluation process, post the revaluation journal, translate the foreign currency, post the translated journal entry, run the Trial Balance Report in the translated currency in the subsidiary set of books. Review the Trial Balance to ensure accuracy.
C. Run the revaluation process, post the revaluation journal, translate foreign currency, run the Trial Balance Report in the translated currency in the subsidiary set of books, review the Trial Balance to ensure accuracy.
Answer: C

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