Oracle Exam 1z0-1107-2 Topic 2 Question 28 Discussion

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

Question #: 28
Topic #: 2

Which two statements are true about creating case folders within the Customer Statement to Collections business process? (Choose two.)

ABilling transactions must belong to the same bill-to customer.

BBilling transactions must be of the same currency.

CBilling transactions can belong to multiple case folders.

DBilling transactions can be of multiple currencies.

Show Suggested Answer

Suggested Answer: C, D

These are two true statements about creating case folders within the Customer Statement to Collections business process. A case folder is a collection of billing transactions that are related to a specific issue or dispute with a customer. You can create case folders to track and resolve issues that prevent customers from paying their invoices on time.You can also assign case owners, statuses, and priorities to each case folder1. Some facts about creating case folders are:

Billing transactions can belong to multiple case folders, which means that a single invoice can be part of more than one issue or dispute.

Billing transactions can be of multiple currencies, which means that you can include invoices with different currencies in the same case folder.

Billing transactions must belong to the same bill-to customer, which means that you cannot mix invoices from different customers in the same case folder.

Billing transactions must be of the same currency conversion type, which means that you cannot mix invoices with different conversion methods, such as corporate or spot rate, in the same case folder.Reference:Oracle Financials Business Process Certified Foundations Associate Rel 1

by Mollie at Sep 06, 2024, 05:10 PM

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Ashlyn

2 months ago

I disagree with D. Having transactions in multiple currencies can complicate things.

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Marlon

2 months ago

I believe C is also true. It allows for flexibility in grouping transactions.

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Lai

2 months ago

I agree with A. It helps in organizing the transactions better.

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3 months ago

A and B seem logical, but I'm not sure about C and D. This is tricky!

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Velda

3 months ago

B) Billing transactions must be of the same currency.

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Earleen

3 months ago

A) Billing transactions must belong to the same bill-to customer.

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