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1z0-506 exam dumps

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  • Exam Code: 1z0-506
  • Exam Name: Oracle Fusion Financials 11g Accounts Receivable Essentials
  • No. of Questions: 123 Questions and Answers
  • Updated: Jun 01, 2026

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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. The collections Manager runs the Determine Delinquency Using Scoring program to identify delinquent transitions. She wants to know the status of a particular transaction. On which tab she will find the status.

A) Customer Aging tab
B) Transaction Details tab
C) Transactions tab
D) Transaction aging tab


2. The Billing Specialist has entered an invoice in a foreign currency. After completing the invoice she realized that she has to adjust the conversion rate on the transaction. The invoice is already paid and has a receipt applied to it. Which is the setup that is NOT relevant to the Billing Specialist?

A) Adjust the conversion rate.
B) Recreate the transaction at a new rate.
C) Incomplete the transaction.
D) Reverse the transaction.


3. Which two display columns that impact the Collections Dashboard are defined in the Global Setup Preference Region?

A) Default transaction class
B) Display of customer profile
C) Default exchange rate
D) Display of open transactions
E) Display of closed receipts


4. What are the steps in running the AutoLockbox Concurrent Process?

A) Import bank file, validate data, and post QuickCash.
B) Enter receipts, validate data, and apply QuickCash.
C) Import bank file, enter receipts, and validate QuickCash.
D) Enter receipts, import bank file, validate data, and post QuickCash.


5. The method used to capture receipts data in mass while offline and upload the receipts at a later data is called ____________.

A) Automatic receipts
B) Receipts via spread sheet.
C) Manual receipt entry
D) Lockbox receipts


Solutions:

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

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