1056-21 Billing Practice Questions
The free 1z0-1056-21: Oracle Financials Cloud: Receivables 2021 Implementation Essentials questions that deal with billing, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #3
3. Which module directly integrates with Receivables for billing?
Correct answer: B
Explanation
The General Ledger integrates directly with Receivables to reflect billing and payment activity.
Question #5
5. What is the purpose of customer billing profiles?
Correct answer: D
Explanation
Customer billing profiles allow for customization of billing setups, including invoice formats and payment terms.
Question #7
7. What can be used to automate recurring billing cycles?
Correct answer: A
Explanation
The Recurring Invoice Program automates the creation of invoices for repeating transactions.
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