Question 1

A Billing Specialist has created and completed an invoice for $100 USD for Customer The Specialist prints the invoice and realizes that the invoice should have been created for Customer B. The accounting for the transaction for Customer A is posted to the General Ledger.How can this be corrected?

Options :

A : Create an adjustment for the entire amount and create a negative adjustment for Customer B.

B : Create an on-account credit memo for $100 USD for the invoice and enter a new invoice for Customer B.

C : Change the status of the invoice to Incomplete and enter a new invoice for Customer B.

D : Navigate to the credit transaction link in the Billing work area, credit the entire amount, and enter a new invoice for Customer B.

Answer: B

Question 2

Which is NOT a valid Infotile in the Accounts Receivables Work Area?

Options :

A : Unidentified Receipts

B : Lockbox Exceptions

C : Receipt Batches

D : Unapplied Receipts

E : Unapplied Credits

Answer: A

Question 3

What information does the Collector see in the Activities List area of the Collections Dashboard?

Options :

A : customer-s profile for each assigned customer

B : customer search as per the parameter specified

C : status of processing activities from the Process Monitor

D : tasks assigned to the Collector, such as follow-up calls

E : summary of aged transactions

Answer: D

Question 4

Your client processes many customer refunds on a regular basis and would like to have information about recent refunds (including their status) for analytical purposes.What should you do to meet this requirement in an efficient manner?

Options :

A : Create an Oracle Transactional Business Intelligence (OTBI) analysis.

B : Search in the Receivables ''Manage Credit Memo Applications'' page, then export results to Excel.

C : Run the predefined Transaction Details Report.

D : Search in the Payables ''Manage Payments'' page, then export results to Excel.

Answer: A

Question 5

The Billing Manager has navigated to the Billing work area to complete a transaction. The Incomplete Transactions Overview Region on the Billing Work Area page has a drilldown option through a column to complete the transaction.Identify the column.

Options :

A : Transaction Class

B : Transaction Number

C : Transaction Source

D : Transaction Date

Answer: B

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