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Question 6/52

You entered an invoice of $12500 in the receivable and created a receipt with the amount $15000 received from the customer.
How will the system react if over application is enabled in transaction type while receipt is applied to the invoice?

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Question List (52q)
Question 1: Your customer upload batch completes with an error and you i...
Question 2: Your client's legacy system uses a hierarchical parent/child...
Question 3: Identify two values that default from Customer Profile Class...
Question 4: You are creating a remittance bank account for the factored ...
Question 5: The Billing Manager has navigated to the Billing work area t...
Question 6: You entered an invoice of $12500 in the receivable and creat...
Question 7: When a customer opts to make a payment by a credit card, thi...
Question 8: Which two statements are true regarding the Promise to Pay f...
Question 9: You have been asked to assign a reference data set to a spec...
Question 10: You are trying to migrate the Subledger Accounting setup by ...
Question 11: When entering the values in the natural account spreadsheet ...
Question 12: Which reporting tool is primarily used by users to create ad...
Question 13: In which two ways would you configure Satisfaction Method (S...
Question 14: Which two statements are true when you are using the Interco...
Question 15: Identify two late charge interest calculation methods. (Choo...
Question 16: Which three receipts types can be reversed in the Cloud? (Ch...
Question 17: Debit Memo Reversal is a new receivable that replaces the it...
Question 18: Which method is used to allocate total transaction price acr...
Question 19: Which three receipts can be automatically applied by a syste...
Question 20: Which two statements are true about Accounting for Tax on Re...
Question 21: What are the three setup steps required to implement the Loc...
Question 22: What is the initial status of a newly created bill receivabl...
Question 23: You are asked to amend subledger accounting and reporting to...
Question 24: When deciding how to set up the system to recognize revenue,...
Question 25: Which statement is true about Balance Forward Billing?...
Question 26: The method that is used to capture receipts data in mass whi...
Question 27: The Billing Manager has navigated to the Billing Work Area t...
Question 28: Your customer wants to override the calculated tax line amou...
Question 29: You need to make decisions about how an application should b...
Question 30: You are defining a new receipt class to process manual custo...
Question 31: You schedule print runs of transactions and balance forward ...
Question 32: A Cloud client has a requirement to process the most precise...
Question 33: A Billing Specialist creates an adjustment for an incorrect ...
Question 34: What is required to register an external user to Bill Manage...
Question 35: Which two are rules applicable to issue of refunds? (Choose ...
Question 36: Which three Infotiles can be seen in the Accounts Receivable...
Question 37: A client rents equipment for special events. They have the f...
Question 38: Which flexfields are required to be used by auto invoice to ...
Question 39: Company ABC wants their logo displayed in all customer invoi...
Question 40: Which two items are required for customer invoicing? (Choose...
Question 41: A Cloud customer has decided to use Custom data points loade...
Question 42: Which setup is required to ensure that the same tax is appli...
Question 43: Which two are Late Charge Calculation Methods?...
Question 44: Your customer wants to retrieve values for the Line of Busin...
Question 45: Which two determinant types are used in reference data assig...
Question 46: Upon approval of a remittance batch of type "Factored with R...
Question 47: You are a functional user who has been tasked with creating ...
Question 48: The auto-invoice program fails to complete. Subsequently, yo...
1 commentQuestion 49: To determine the best approach to converting a client's data...
Question 50: You are investigating the Receivables to General Ledger Reco...
Question 51: A client has implemented a revenue policy with time-based co...
Question 52: Your Customer Upload Batch with an error and you identify th...