Oracle 1z0-506 : Oracle Fusion Financials 11g Accounts Receivable Essentials

  • Exam Code: 1z0-506
  • Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials
  • Updated: May 31, 2026   Q&As: 123 Questions and Answers

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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. What option is available for the Collection manager for viewing customer data in the Delinquent Customer Region on the collections Work Area pages?

A) Export to Excel
B) Query by Example
C) Export to HTML
D) PDF view


2. The Customer Search feature in the Collections Dashboard allows collectors to find a customer by ____________.

A) Customer name, account, or bill-to
B) Customer name
C) Bill-to
D) Acccount


3. The client has implemented 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 acceptance clause (100 days). Explain when revenue will be recognized.

A) Recognized after 100 days
B) Recognized after 60 days
C) Recognized only after manual intervention
D) Recognized Immediately


4. Oracle has seeded out of the box printing templates defined for each transaction class. How many pre-seeded templates are available?

A) 4
B) 6
C) 8
D) 5


5. Which task does NOT belong to the task list Define Business Units?

A) Verify Service Clients.
B) Manage Service Provider Relationships.
C) Verify Data Role Generation for the Business Unit Business Function
D) Manage Set Assignments for Set Determinants.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: C

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