Question 1

A Cloud customer has decided to use Custom data points loaded by using REST API for Credit Management setup.After creating Custom data point definitions, which three data point values need to be provided to successfully create a new value? (Choose three.)

Options :

A : Account Number or Party Number

B : Currency code

C : Data Point ID

D : Data Point Description

E : Data Point Lookup

Answer: A,B,C

Question 2

Which three benefits do intercompany reconciliation reports provide to an accountant?

Options :

A : Comparing receivables and payables account balances and identifying discrepancies.

B : Displaying intercompany receivables and payables balancing lines.

C : Identifying transaction portions (either receiver or provider side) that have not posted to General Ledger.

D : Displaying clearing company balancing lines.

Answer: A,B,C

Question 3

Your customer wants to override the calculated tax line amount for their receivable transaction.What steps should the customer perform to ensure that only one of their employees has this privilege?

Options :

A : Enable 'Allow override of calculated tax lines' within the tax configuration owner options for the receivable invoice event and grant the employee the 'Tax Manager ' data role

B : Enable the 'Allow tax rate override' and 'Allow manual tax lines' profiles at the user level, set, the value to Yes for the selected employee, and grant the 'Tax Manager ' data role to the employee.

C : Enable 'Allow override of calculated tax lines' within the tax configuration owner options for the receivable invoice event and set the 'Transaction Tax Line Override' profile option to Yes for the selected employee.

D : Set the 'Transaction Tax Line Override' profile option to Yes for the selected employee and assign the employee the 'Tax Manager ' data role

E : Enable 'Allow override of calculated tax lines' within the tax configuration owner options for the receivable application and create a tax rule to grant this privilege only to the selected employee

Answer: D

Question 4

You are not able to initiate a bankruptcy request at the customer site level on behalf of a customer.Which two conditions are failing? (Choose two.

Options :

A : Preferences must be enabled and Enable Bankruptcy must be set to Yes for the customer.

B : The Collections Administrator creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should have the Collection Manager and Customer Profile Administrator roles assigned.

C : Preferences must be enabled and Enable Bankruptcy must be set to Yes in Manage Collections Preferences in the Functional Setup Manager for Advanced Collections.

D : The Collections Manager creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should be configured as a resource.

E : Bankruptcy must be applied at the customer level, which includes all transactions at the customer, account, and Site levels.

F : The customer does not have the default strategy and default collector assigned at the customer account and site level.

Answer: B,C

Question 5

What information does the Collector see in the Activities List area of the Collections Dashboard?

Options :

A : customer-s profile for each assigned customer

B : customer search as per the parameter specified

C : status of processing activities from the Process Monitor

D : tasks assigned to the Collector, such as follow-up calls

E : summary of aged transactions

Answer: D

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