Printable PDFOracle 1Z0-1056-22 Exam Questions & Answers
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Vendor: Oracle
Exam Code: 1Z0-1056-22
Exam Name: Oracle Financials Cloud: Receivables 2022 Implementation Professional
Certification Provider: Oracle
Total Questions: 154 Q&A ( View Details)
Updated on: May 29, 2026
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1Z0-1056-22 Online Practice Questions and Answers
Your Cloud client has decided to use Channel RevenueManagement Integration with Receivables for Claim creation and Settlements created by Spreadsheet or SOAP services.
Which three setup steps are predefined for this feature? (Choose three.)
A. predefined Channel Revenue Management auto accounting type
B. predefined Subledger Journal Entry Rule for the Event Class Receipt and Accounting Class Claim Investigation
C. predefined Channel Revenue Management transaction type
D. predefined Channel Revenue Management transaction source
E. predefined Claim Investigation activity type under Receivables Activities
A Cloud client has a requirement to process the most precise revenue recognition schedule.
Which revenue schedule would you use to achieve this requirement?
A. FixedRate
B. Daily Revenue rate ?Partial Periods
C. Variable rate
D. Period end rate
E. Daily Revenue Rate ?All periods
An invoice for $100 USD 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 USD has been issued against this invoice.
Explain how revenue accounting will occur.
A. Earned revenue will be debited for $50 USD.
B. Unearned revenue willbe credited for $100 USD.
C. Earned revenue will be credited for $50 USD.
D. Unearned revenue will be debited for $50 USD.
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