Question 1

If a receipt cannot be automatically matched or transaction information is not available, Receivables can use the AutoCash rule set.In which three places is the rule set found? (Choose three.)

Options :

A : System Options

B : Receipt Class

C : Customer Site

D : Receipt Method

E : Customer Account

Answer: A,C,D

Question 2

Which flexfields are required to be used by auto invoice to identify transactions and transaction lines, if you load the interface using a customized form?

Options :

A : Linelevel transaction flexfield, Header-level transaction flexfield, Reference flexfield

B : Linelevel transaction flexfield, Header-level transaction flexfield

C : Linelevel transaction flexfield, Invoice transaction flexfield, Reference flexfield, Link to transaction flexfield

D : Linelevel transaction flexfield, Header-level transaction flexfield, Link to transaction flexfield

Answer: C

Question 3

You have created a sales invoice for $900 USD with an item line of $750 USD and a tax rate of 20%. The customer has made a payment of $500 USD and you are required to process the cash application to apply the $500 USD to the item line and $0 USD to tax.How would you achieve this?

Options :

A : Set the credit classification revenue recognition policy to look for Line First and Tax Later.

B : Create a Memo Line or receivable activity to have the check box selected for Apply Item Line First.

C : Set Application Rule Set to Line First--Tax After at the transaction type level and/or a default value at system options.

D : Set Application Rule Set to Line First--Tax After at the transaction source level and/or a default value at the receipt method.

E : Set the payment terms revenue recognition policy to look for Line First and Tax Later

Answer: C

Question 4

Which two statements are true about configuring Collection Strategies?

Options :

A : You need to create Scoring Formulae (or use predefined Scoring Formulas).

B : You need to define an Aging Method that meets the requirements of your organization.

C : You need to SGI the (Collections Method to Strategies for the relevant business unit.

D : You need to create Strategy Tasks of the type 'Automatic' only.

Answer: A,D

Question 5

The auto-invoice program fails to complete. Subsequently, you notice a message in the log file regarding insufficient memory for processing.To resolve this issue, by what factor should you multiply the maximum number of imported records (rounded to the nearest whole number)?

Options :

A : 10

B : 1012

C : 65535

D : 1

E : 1024

Answer: A

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