1Z0-1056-26 practice question 5 of 10

Your customer has three sites defined in the system, site 1, site 2, and site 3. All sites have their own billing strategy defined and Balance Forward Billing is enabled for site 1 and Site 2 at the account level. How will bills be generated?

Full set: 186 questions

Answer options

A: Sites 1, 2, and 3 activities will be included in a single bill.

B: Sites 2 and 3 activities will be included in a single bill.

C: Sites 1 and 2 activities will be included in a single bill. Correct answer

D: Sites 1 and 3 activities will be included in a single bill.

Correct Answer:

C. Sites 1 and 2 activities will be included in a single bill.

Explanation

Balance Forward Billing (BFB) groups all eligible bill-to sites that are enabled at the account or site level for the same customer account into a single balance-forward bill. Because only sites 1 and 2 are BFB-enabled, their transactions are consolidated; site 3, which isn’t BFB-enabled, is excluded.

Why Incorrect

A. Site 3 is not BFB-enabled, so its activity is never included in the balance-forward bill.
B. Site 3 lacks BFB enablement; site 2 alone can’t be grouped with it.
D. Site 3 isn’t enabled for BFB; therefore, it cannot be grouped with site 1.

References

1. Oracle Financials Cloud, Using Receivables (24A) “Balance Forward Billing: How It Works”, pp. 1792-1793.

2. Oracle Financials Cloud, Implementing Receivables (24A) “Enable Balance Forward Billing at Account or Site Level”, p. 317.

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