Oracle 1z0-506 dumps - in .pdf

1z0-506 pdf
  • Exam Code: 1z0-506
  • Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials
  • Updated: Jun 03, 2026
  • Q & A: 123 Questions and Answers
  • PDF Price: $59.99

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  • Exam Code: 1z0-506
  • Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials
  • Updated: Jun 03, 2026
  • Q & A: 123 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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Oracle 1z0-506 dumps - Testing Engine

1z0-506 Testing Engine
  • Exam Code: 1z0-506
  • Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials
  • Updated: Jun 03, 2026
  • Q & A: 123 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. Select three values that default from Customer Profile Classes.

A) Currency
B) Legal Entity
C) Statement Cycle
D) Business Purpose
E) Payment Terms


2. An invoice for $100 has revenue deferred due to unmet payment based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 has been issued against this Invoice. Explain how revenue accounting will occur.

A) Unearned revenue will be debited for $50.
B) Unearned revenue will be credited for $100.
C) Earned revenue will be credited for $50.
D) Earned revenue will be debited for $50.


3. An Invoice was billed incorrectly and the Billing Specialist has created an adjustment for the Invoice. The Billing Specialist submitted it for approval but it was rejected by the Billing Manager.
What is true in this scenario?

A) The adjustment is closed and the process is ended without any invoice or accounting impact.
B) The adjustment is routed back to the Billing Specialist with the Rejected status.
C) The adjustment is closed and the invoice balance is reduced by the adjustment amount.
D) The adjustment is routed back to the Billing Specialist for further action and is in the More Research status.


4. Select two values that are set up in Correspondence Configuration.

A) Exclude from dunning
B) Dunning configuration set
C) Rerun the dunning process
D) Dunning letter options


5. The rules applicable to issue refunds are____________. Select two.

A) You can NOT refund more than either the original receipt amount or the remaining unapplied amount.
B) You can issue a credit card refund to a customer who has made a cash payment.
C) You can refund receipts that are factored.
D) You can refund receipts that were either remitted or cleared.


Solutions:

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

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