Oracle 1z0-506 Q&A - in .pdf

  • Exam Code: 1z0-506
  • Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials
  • Updated: Jul 09, 2026
  • Q & A: 123 Questions and Answers
  • PDF Price: $59.98
  • Printable Oracle 1z0-506 PDF Format. It is an electronic file format regardless of the operating system platform.
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Oracle 1z0-506 Q&A - Testing Engine

  • Exam Code: 1z0-506
  • Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials
  • Updated: Jul 09, 2026
  • Q & A: 123 Questions and Answers
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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. Which task does NOT belong to the task list Define Business Units?

A) Verify Service Clients.
B) Verify Data Role Generation for the Business Unit Business Function
C) Manage Service Provider Relationships.
D) Manage Set Assignments for Set Determinants.


2. Which three ways will changing the customer information impart the collection process?

A) Changing Information in the Profile Tab does NOT have an impact on the level in which the collections are done.
B) Changing the Collector impacts the individual working with the delinquent customer.
C) Adding or modifying the customer contact name in the Contacts tab impacts where the correspondence is sent.
D) Business unit level changes will NOT Impact the display of delinquent customers on the dashboard.
E) Making changes In the Profile tab Impacts the collection process.


3. A customer calls into the Accounts Receivables Department asking for the balance of all invoices due in the next 30 days and has a question about a specific invoice line. As a Billing Specialist what action will you perform?

A) Review the invoice in the Review Customer Account Details user interface.
B) Apply, reverse, or process the receipt.
C) Create an open debit memo.
D) Review receipt-, in pending status


4. Where is the summary delinquency data displayed on the Collections Dashboard?

A) Profiles tab
B) Customer Aging tab
C) Transactions tab
D) Correspondence tab


5. A debit memo reversal must be used to reverse the receipt if the receipt ____________.

A) has been reconciled in Cash Management
B) has an open claim associated with it
C) is non-invoice related
D) has a remitted credit card refund application


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B,C,E
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: D

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