NO.19 Which statement is true about Balance Forward Billing?

NO.20 What is the order used to group transaction lines during the AutoInvoice Import process?

NO.21 Which method is used to allocate total transaction price across performance obligations in Revenue Management?

NO.22 Debit Memo Reversal is a new receivable that replaces the item closed by the original receipt.
When should the Debit Memo Reversal method be used to reverse a receipt?

NO.23 Which minimum Customer setup is required to create a receivables transaction?

NO.24 If the Contract Identification Rules that you defined for your customer did not group the source data into customer contracts as expected, how would you resolve the issue?

NO.25 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.)

NO.26 When entering the values in the natural account spreadsheet of the rapid implementation for General Ledger workbook, which three accounts types are used to set up the default Receivable account combinations?
(Choose three.)

NO.27 Your client performs many customer refunds and would like to search for real-time Receivables Refunds Status easily.
What should you do to meet this requirement?

NO.28 Identify two values that default from Customer Profile Classes. (Choose two.)

NO.29 After creating Receivable Activities using the General Ledger Rapid Implementation workbook upload process, a Receivable Manager wants to review and make changes if required, to the account assignments created for these Receivable Activities.
Which two Receivable Activities do not have account assignments to review and change? (Choose two.)

NO.30 As a consultant, you have built the following Scoring model in Advanced Collections:

If a customer has 10 past due transactions and an amount overdue of $125, what is the calculated score?

NO.31 You are investigating the Receivables to General Ledger Reconciliation Report and must explain any variances to your Accounting Manager.
What two variance amounts should you expect to investigate in this report? (Choose two.)

NO.32 Which three receipts can be automatically applied by a system? (Choose three.)

NO.33 Given the default system options:

Which two instances are you required to select for the – require salesperson flag? (Choose two.)

NO.34 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?

NO.35 Which three receipts can be automatically applied by the “Apply Receipts Using AutoMatch” process?

NO.36 Which three attributes are displayed in the detail table of the Balance forward Bill infotile? (Choose three.)

NO.37 Which configuration task needs to be completed before you can create Bills Receivables for a customer?

NO.38 A client has implemented a revenue policy with time-based contingencies. An invoice for a creditworthy customer is imported and one of the invoice lines is associated with both a nonstandard refund policy (60 days) and an acceptance clause (100 days).
When will revenue be recognized?

NO.39 Company ABC wants their logo displayed in all customer invoices. How do you meet this business requirement?

NO.40 When deciding how to set up the system to recognize revenue, it is important to understand the extent of revenue deferral and the subsequent timing of revenue recognition.
Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two.)

NO.41 In what three ways will changing customer information impact the collection process? (Choose three.)

NO.42 What validation step is required for implementing dispute processing?

NO.43 You are utilizing the “Upload Customer From Spreadsheet” option. What information on the Customer Worksheet must be unique for each customer record?