Question 1

Which two setups are required to create bills receivables? (Choose two.)

Options :

A :

Statement cycles

B :

Lockbox

C :

Bills Receivable Matching Rules

D :

Bills Receivable Receipt method

E :

Customer account site with purpose of drawee

Answer: A,D

Question 2

To determine the best approach to converting a client's data, you must know which setups are Reference: Data Set enabled and can be shared.Which three are Reference: Data Set enabled setups in Receivables? (Choose three.)

Options :

A : Revenue Contingencies

B : Receivables Activities

C : Customer Account Sites

D : Standard Memo Lines

E : Revenue Transactions

Answer: A,D

Question 3

A Cloud customer requires enhanced message content in transactions delivered using email.Which three are supported in the body of the message? (Choose three.)

Options :

A : Insert logos.

B : Prevent use of Dynamic Tokens.

C : Increase the character limit to greater than 4000.

D : Insert hyperlinks.

E : Modify the fonts and font size.

Answer: A,D,E

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

Your customer has three business units. The customer wants to share customer account addresses across these business units.Which reference data set can be used to achieve this?

Options :

A : Create a new reference data set for account addresses and assign it to the business units.

B : Assign a COMMON reference data set to the business units, which share the account addresses.

C : Assign an enterprise reference data set to the business units, which share the account addresses.

D : Create a separate reference data set for each business unit and assign it to each unit

Answer: B

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