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Oracle EBS R12: General Ledger and Receivables Fundamentals Sample Questions:
1. You have the option to define your own accounting rules in Oracle Subledger Accounting to meet your implementation's business requirements by using ______.
A) Application rule sets
B) The Revenue Accounting Management wizard
C) AutoCash rule sets
D) The accounting methods builder
2. A debit memo reversal must be utilized to reverse the receipt if_____ .
A) Receipt is a non-invoice-related receipt
B) Receipt has an open claim associated with it
C) Receipt has been reconciled in Cash Management
D) Receipt has a remitted credit card refund application
3. Which three functions can the Create Accounting Program perform? (Choose three.)
A) Validating distribution lines
B) Transferring data to the interface table
C) Creating accrual entries
D) Creating accounting entries
E) Running the journal import
4. Identify four types of transaction flexfields. (Choose four.)
A) Invoice transactionflexfield
B) Reference transactionflexfield
C) Line transactionflexfield
D) Key transactionflexfield
E) Source transactionflexfield
F) Link-to transactionflexfield
5. Identify two statements that apply to Oracle Collections. (Choose two.)
A) It enables customers to see their own Oracle Receivables account information, such as balances.
B) It is a Web-based self-service application.
C) It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow from Oracle Collections.
D) It can be used to place an invoice in dispute.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B,D,E | Question # 4 Answer: A,B,C,F | Question # 5 Answer: C,D |
