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NEW QUESTION: 1
Which of the following should an organization consider when developing strategic
objectives for its business processes?
1.Contribution to the success of the organization.
2.Reliability of operational information.
3.Behaviors and actions expected of employees.
4.How inputs combine with outputs to generate activities.
A. 3 and 4 only
B. 1 and 3 only
C. 1 and 2 only
D. 2 and 4 only
Answer: B
NEW QUESTION: 2
A company has deployed Fusion Lead Management and would like to use the Assessment templates to gather additional information from the customer. The template administrator
has created an Assessment template with the questions, response score, and rating for lead follow- ups and has activated the template for sales learn usage. The sales team has suggested some changes to the template.
Identify three parameters that a template administrator can update for the active Assessment templates.
A. Template Version
B. Remove Questions
C. Question Text correction
D. Question Sequencing Change
E. Response Description
Answer: C,D,E
NEW QUESTION: 3
A company has implemented a flat interest calculation late charges. Determine the late charge based on:
*
Amount Overdue = $1,500
*
Interest Rate = 20%
*
Days Overdue = 10
*
Days in period = 30
*
Outstanding Charges = $80
A. $300
B. $1,580
C. $105.33
D. $100
Answer: D
Explanation:
Oracle Fusion Receivables uses the active interest tier and charge schedule values to calculate late charges using the Simple calculation formula.
The Simple calculation formula is the amount overdue multiplied by the rate and days overdue in the period:
Amount Overdue * (Interest Rate/100) * (Number of Days Late/Number of Days in Period)
Here: 1500* 0.2 * (10/30)=100
Example:
This table provides an example of a charge schedule with four interest tier periods, each with an assigned interest rate.
Days Overdue Tiers
Interest Rate
1 -30 days
2 %
3 1-45 days
3 %
4 6-60 days
4 %
Over 60 days
5%
In this example:
An invoice for $1,000 is 45 days overdue.
There are 30 days in the billing period.
The late charges are calculated as follows:
$1,000 * (3/100) * (45/30) = $45
After an additional 15 days (60 days overdue), the late charges are calculated as follows:
$1,000 * (4/100) * (60/30) = $80
Reference: Fusion Applications help,