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1. A debit memo reversal must be used to reverse the receipt if the receipt ____________.
A) has been reconciled in Cash Management
B) is non-invoice related
C) has an open claim associated with it
D) has a remitted credit card refund application
2. Which two display columns that impact the Collections Dashboard are defined in the Global Setup Preference Region?
A) Display of customer profile
B) Default exchange rate
C) Default transaction class
D) Display of open transactions
E) Display of closed receipts
3. The Accounts Receivables Specialist, while reviewing a customer account, saw a customer complaint about a percentage that was NOT applied to an invoice. The Accounts Receivables Specialist decides to initiate a dispute process for this transaction. What is the action he has to perform to invoke the dispute?
A) Navigate to the Review Customer Accounts Details user interface and invoke the dispute.
B) Navigate to the Review and Manage Transaction Page-and invoke the dispute.
C) Navigate to the Manage Revenue Adjustments Page and invoke the dispute.
D) Navigate to the Collections Workbench page and invoke the dispute.
4. Users can choose to EXCLUDE specific transactions in a Balance Forward Bill. Which statement is true about transaction exclusion?
A) Transaction exclusion can be done during creation of the transaction.
B) Transaction exclusion for a statement can be done at each transaction level.
C) Transaction exclusion can NOT be done during the creation of a transaction.
D) Transaction exclusion for a statement can be done at the individual transaction as well as the transaction group level.
5. You can click the manager Invoice Lines from the Billing Work Area to find Autoinvoice Exceptions. What parameters are used to summarize the exceptions for review?
A) Business Unit, Customer Name, Transaction Source, Total Amount
B) Business Unit, Transaction Type, Invoice Date, Currency
C) Business Unit, Transaction Source, Creation Date, Currency
D) Business Unit, Transaction Source, Transaction Type, Creation Date
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C,D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: C |
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