Question 1

Which statement is true about Balance Forward Billing?

Options :

A : Balance Forward Bills must be enabled at each bill-to-site level.

B : Balance Forward Bills can be created for a future date.

C : Transactions included on a Balance Forward Bill can be updated.

D : The Balance Forward Bill of a previous cycle need not be generated as Final to generate the Balance Forward Bill of the current cycle

Answer: A

Question 2

Your customer upload batch completes with an error and you identify the error as being due to incorrect payment method.Which action should you take the resolve the Issue?

Options :

A : Use the Customer Data Exceptions spreadsheet.

B : Use the Customer Payment Method Exceptions spreadsheet.

C : Troubleshoot In the Manage Customers page.

D : Correct error and resubmit the batch.

Answer: B

Question 3

To determine the best approach to converting a client's data, you must know which setups are Reference: Data Set enabled and can be shared.Which three are Reference: Data Set enabled setups in Receivables? (Choose three.)

Options :

A : Revenue Contingencies

B : Receivables Activities

C : Customer Account Sites

D : Standard Memo Lines

E : Revenue Transactions

Answer: A,D

Question 4

Which configuration task needs to be completed before you can create Bills Receivables for a customer?

Options :

A : Define approval limits.

B : Define standard memo lines.

C : Define revenue scheduling rules.

D : Define drawee site.

Answer: A

Question 5

Your Cloud client has decided to use Channel Revenue Management Integration with Receivables for Claim creation and Settlements created by Spreadsheet or SOAP services.Which three setup steps are predefined for this feature? (Choose three.)

Options :

A : predefined Channel Revenue Management auto accounting type

B : predefined Subledger Journal Entry Rule for the Event Class Receipt and Accounting Class Claim Investigation

C : predefined Channel Revenue Management transaction type

D : predefined Channel Revenue Management transaction source

E : predefined Claim Investigation activity type under Receivables Activities

Answer: A,B,D

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