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Oracle

1Z0-516 · Question #360

Retail customers are encouraged to sign up for direct debit form of payment. This provides the bank with authorization to debit a customers checking account for either the full amount due or the…

The correct answer is B. Implement automatic receipts. See the full explanation below for the reasoning.

Question

Retail customers are encouraged to sign up for direct debit form of payment. This provides the bank with authorization to debit a customers checking account for either the full amount due or the minimum balance, depending on the option selected by the customer at the time of enrolling for the direct debit. Which is the most appropriate receipts solution in Oracle Receivables to directly address this business need of your client?

Options

  • AImplement bills of exchange.
  • BImplement automatic receipts.
  • CImplement credit card receipts.
  • DImplement QuickCash receipts.
  • EImplement AutoLockbox receipts

How the community answered

(22 responses)
  • A
    9% (2)
  • B
    73% (16)
  • C
    14% (3)
  • D
    5% (1)

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Full 1Z0-516 Practice