Oracle Exam 1z0-1107-2 Topic 1 Question 8 Discussion

Actual exam question for Oracle's 1z0-1107-2 exam

Question #: 8
Topic #: 1

Sharon is working as a collections manager and he is interested in performing an analysis based on the difference between the date of settlement and the due date of payment of invoice. Which key performance indicator will help him to review this information? (Choose the best Answer.)

APromise to Pay

BAverage Days Delinquent

CPercent Current

DCollector Effective Index

EDays Sales Outstanding

Show Suggested Answer

Suggested Answer: B

Average Days Delinquent is the key performance indicator that will help you to perform an analysis based on the difference between the date of settlement and the due date of payment of invoice. Average Days Delinquent is a measure of how long it takes for customers to pay their overdue invoices. It is calculated by dividing the total number of delinquent days by the number of delinquent invoices.It indicates the average delay in payment and the effectiveness of your collections efforts1.Reference:Oracle Financials Business Process Certified Foundations Associate Rel 1

by Jennie at Oct 18, 2023, 10:03 PM

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