1z0-335 | how many questions of 1z0-335 pdf?
Q41. How can a Collector assigned to a Customer modify a strategy that is assigned from the Collections Dashboard?
A. The strategy can be modified from the Manage Customers page.
B. A Strategy is automatically assigned based on Scoring and cannot be manually assigned to a customer by a collector.
C. The Collector can modify the strategy from the Profile > Strategies tab.
D. Only a Collections Administrator can modify the strategy.
Answer: D
Q42. Your Subledger Accountants are attempting to import their journals to the general ledger at the end of the period. The Journal import processes have completed with a warning and no Journals were generated. Which three steps would you take to troubleshoot this?
A. Resend the transactions from the subledgers.
B. Delete the related data on the GL interface table.
C. Confirm that data was sent from the subledger.
D. Verify the output of the Journal Import Request
E. Run the Journal Import for all the group IDs.
Answer: B,D,E
Explanation:
Note:
* If you have only a few Journal Import errors, correct the errors from the Correct Journal Import Data widow, then rerun Journal Import on the corrected data.
* If the number of Journal Import errors is high, delete all of the import data for your journal entry source and group ID. Correct the errors then repopulate the GL_INTERFACE table before rerunning Journal Import.
Note 2:
To import journal entries to General Ledger:
1. Navigate to the Import Journals window.
2. Enter the Source from which you want Journal Import to create journal entries.
3. You can import data for the same or different sources in parallel by specifying a unique Group ID for each request. General Ledger imports data with the journal entry source and group ID combination you specify.
If you do not specify a group ID, General Ledger imports data from the specified journal entry source with no corresponding group ID.
4. Define the Journal Import Run Options.
5. Choose whether to Import Descriptive Flexfields, and whether to import them with validation.
If you choose not to create summary journals, you can Import Descriptive Flexfields along with your journal information. You can import descriptive flexfields With Validation and generate journals only when validation succeeds. Or, you can import descriptive flexfields Without Validation and generate all journals.
Warning: Importing descriptive flexfields without validation may cause problems when modifying journal lines. If you import descriptive flexfields with errors, you may corrupt the journal lines to which they refer.
6. Enter a Date Range to have General Ledger import only journals with accounting dates in that range. If you do not specify a date range, General Ledger imports all journals data. 7.Choose Import to submit a concurrent process to import journals. General Ledger names the resulting batch as follows: <REFERENCE1> <Source> <Request ID>: <Actual Flag>
<Group ID>; for example, 587-C Payables 18944: A 347.
8.Review the Journal Import Execution Report to determine the number of errors in the import data, and how to correct any Journal Import errors.
Q43. What is the action you perform on a transaction once you drill down to the edit transaction window from the Billing Work Area page?
A. Incomplete Transaction
B. Complete and Review
C. Reverse the Transaction
D. Create a New Transaction
Answer: B
Explanation: Reference: Fusion Applications help, Process Billing Adjustments FAQs
Q44. The Accounts Receivable Specialist associated duty include which three duties?
A. Trading Community Hierarchy Management Duty
B. Receipt Creation Duty
C. Payment Settlement Management Duty
D. Receivables Accounting Duty
E. Import Payables invoices Duty
Answer: B,C,D
Explanation: B: Receipt Creation Duty
Processes receipt creation activities, including manual receipts, lockbox receipts, and automatic receipts.
C: Payment Settlement Management Duty
Manages funds capture authorizations, settlements, and settlement batches.
Note: Job Role: Accounts Receivable Specialist
Manages and implements all customer payment activities, including receiving customer payments and electronic remittance advices, performing cash handling activities, processing customer payments, and applying payments to customer accounts.
Reference: Oracle Fusion Applications Financials Security Reference Manual
Q45. Identify the receivables system option that relates to customers.
A. Default country
B. Receipt Method
C. Automatic Site Numbering
D. Reciprocal Customer
Answer: B
Q46. Which three scenarios require a debit memo reversal?
A. To reverse a miscellaneous receipt
B. To reverse a receipt that has a chargeback with an adjustment against it
C. To reverse a receipt with remitted credit card refund application
D. To reverse Receipt A that was applied to Receipt B and where the reversal draws balance of Receipt B positive
E. To reverse Receipt A that was applied to Receipt B and reversal would draw balance of Receipt B negative
Answer: B,C,E
Explanation: You must create a debit memo reversal under each of these circumstances:
* (B) You are reversing a receipt from which you have created a chargeback, and this chargeback has had activity against it, such as another receipt, a credit memo, or an adjustment.
* (C) You are reversing a receipt with a remitted credit card refund application.
* (E) You are reversing a receipt (Receipt A) that was applied to another receipt (Receipt B), if the reversal would draw the balance of Receipt B negative.
Reference: Fusion Applications Help, Debit Memo Reversals: Points to Consider
Q47. Select a scenario that is NOT eligible for receipt reversal.
A. Reversing a miscellaneous receipt
B. Reversing a receipt applied to a transaction with a chargeback that has been posted to UK-General Ledger
C. Reversing credit card refund receipts
D. Reversing receipts that were applied to open receipts and both receipts have positive balance post reversal
Answer: B
Q48. A few transactions have resulted in an error during the Autoinvoice import process. What should use to correct these transactions?
A. Manage Transactions
B. File Based Data import
C. ADFDI
D. Incomplete Transactions
Answer: A
Q49. What information does the Collector see in the Activities List area of the Collections Dashboard?
A. Information about customers who have overdue bills
B. Tasks assigned to the Collector, such as follow up calls
C. Customer search as per the parameters specified
D. Status of processing activities from the Process Monitor
Answer: B
Q50. Identify two late charge interest calculation methods.
A. Average Daily Balance
B. Overdue Transactions
C. Adjusted Balance
D. Previous Balance
Answer: A,B
Explanation: Interest Calculation Methods
You select the calculation method in the Late Charge Calculation Method field in the Credit Limits and Late Charges tab of the Customer Profile Class pages, or on the applicable customer or customer site profile.
The interest calculation methods are:
Average Daily Balance: Calculate late charges based on the average daily balance of overdue invoices. This method is for balance forward bills only.
Late Payments Only: Calculate late charges based on the number of days between the payment due date and the actual payment date. This method uses the paid amount as the overdue invoice amount when calculating the late charge.
Overdue Transactions Only: Calculate late charges for transactions based on the number of days a payment is late when you submit the Create Late Charges program.
Overdue Transactions and Late Payments: Calculate late charges on both overdue transactions and late payments. This option levies the largest late charge amount on a customer.
Reference: Late Charge Interest Calculation Methods: Explained