Cyber Monday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location PL
Mob_nav_barsMENU

Oracle Exam 1z0-1107-2 Topic 3 Question 30 Discussion

Actual exam question for Oracle's 1z0-1107-2 exam
Question #: 30
Topic #: 3
[All 1z0-1107-2 Questions]

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.)

Show Suggested Answer Hide 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 Pilar at Sep 19, 2024, 02:19 PM

Limited Time Offer

25%

Off

Get Premium 1z0-1107-2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Merilyn
2 months ago
Ah, the age-old question of which KPI to choose. I'd go with C) Percent Current, just to be different, you know?
upvoted 0 times
...
Vallie
2 months ago
E) Days Sales Outstanding - the name just sounds so fancy, it has to be the right answer!
upvoted 0 times
...
Cecil
2 months ago
B) Average Days Delinquent is the clear winner here. Gotta love a good ol' metric that tracks late payments!
upvoted 0 times
Ahmad
29 days ago
User 3: Definitely, it gives a clear picture of how long it takes for invoices to be paid.
upvoted 0 times
...
Fatima
1 months ago
User 2: I agree, tracking late payments is crucial for a collections manager.
upvoted 0 times
...
Glendora
2 months ago
I think the best key performance indicator for Sharon to review that information is B) Average Days Delinquent.
upvoted 0 times
...
...
Yoko
2 months ago
I see your point, but I think D) Collector Effective Index could also provide valuable insights for Sharon in this scenario.
upvoted 0 times
...
Lilli
2 months ago
Hmm, I'm not sure. D) Collector Effective Index could be interesting, though it might not be the 'best' answer per se.
upvoted 0 times
...
Ryan
3 months ago
E) Days Sales Outstanding is the way to go. This will give Sharon a good overall view of the payment timelines.
upvoted 0 times
...
Lorean
3 months ago
I'd go with B) Average Days Delinquent. Seems like the most relevant metric to track the difference between settlement and due dates.
upvoted 0 times
Raymon
2 months ago
I agree, it's important to track that to improve collections efficiency.
upvoted 0 times
...
Michal
2 months ago
Yeah, that makes sense. It would give a clear picture of the difference between settlement and due dates.
upvoted 0 times
...
Mendy
2 months ago
I think B) Average Days Delinquent is the best option.
upvoted 0 times
...
...
Lavina
3 months ago
I disagree, I believe E) Days Sales Outstanding would be more relevant for Sharon's analysis.
upvoted 0 times
...
Gary
3 months ago
I think the best key performance indicator for Sharon to review that information would be B) Average Days Delinquent.
upvoted 0 times
...

Save Cancel
az-700  pass4success  az-104  200-301  200-201  cissp  350-401  350-201  350-501  350-601  350-801  350-901  az-720  az-305  pl-300  

Warning: Cannot modify header information - headers already sent by (output started at /pass.php:70) in /pass.php on line 77