You are creating a remittance bank account for the factored with recourse bills receivable remittance receipt method.
Which bank account setup controls receipt application to short-term debt?

• A. lead days
• B. risk elimination days
• C. recall days
• D. clearing days
• E. short-term debt clearing days
• F. collection days

Which role provides access to Receivables - Revenue Adjustments Real Time OTBI Subject area?

• A. Accounts Receivable Specialist
• B. Accounts Receivable Manager
• C. Revenue Manager
• D. Billing Specialist

Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

• A. The transaction is an invoice.
• B. The transaction is partially paid.
• C. The invoice is not closed.
• D. The transaction date falls in a closed period.
• E. The transaction type is not associated with a credit memo type.

You are not able to initiate a bankruptcy request at the customer site level on behalf of a customer.
Which two conditions are failing? (Choose two.)

• A. Preferences must be enabled and Enable Bankruptcy must be set to Yes for the customer.
• B. The customer does not have the default strategy and default collector assigned at the customer account and site level.
• C. Preferences must be enabled and Enable Bankruptcy must be set to Yes in Manage Collections Preferences in the Functional Setup Manager for Advanced Collections.
• D. Bankruptcy must be applied at the customer level, which includes all transactions at the customer, account, and Site levels.
• E. The Collections Manager creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should be configured as a resource.
• F. The Collections Administrator creates a bankruptcy request in the Customer Relationship Management (CRM) application and a collector should have the Collection Manager and Customer Profile Administrator roles assigned.

Your customer has a state tax of 20% and a city tax of 10% as non-inclusive tax rates that are applicable on a transaction line. Your invoice has two lines: Line1 with $600 USD and Line2 with $400 USD.
What will be the resulting tax and invoice amounts for your tax invoice?

• A. state tax of $200 USD for the invoice, city tax of $10 USD, and an invoice total of $1,210 USD.
• B. state tax of $200 USD for the invoice, city tax of $100 USD, and an invoice total of
  $1,300 USD.
• C. state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of
  $ 1,257.78 USD.
• D. state tax of $166.67 USD for the invoice, city tax of $16.67 USD, and an invoice total of
  $ 1,184.34 USD.
• E. state tax of $166.67 USD for the invoice, city tax of $91.11 USD, and an invoice total of
  $ 1,000 USD.