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Oracle EBS R12: General Ledger and Receivables Fundamentals Sample Questions:

1. After registering new data sources, you must complete your Bill Presentment Architecture by creating database views. How many database views can you create for each data source?

A) One
B) Unlimited
C) Three
D) Nine

2. The Receipt Inherit Invoice Number option affects only receipts created by _____.

A) The AutoLockbox program
B) The Automatic Receipts program
C) Oracle Trade Management
D) Oracle Cash Management

3. ABC Company is implementing Oracle Financials. The finance manager wants to set up a control point before the Receivables entries are transferred to General Ledger. Which two statements are correct about the control mechanisms that Receivables can provide? (Choose two.)

A) Oracle Approvals Management (AME) Workflow can be used to approve or reject the invoices.
B) Oracle approval limit can be used to approve or reject the invoices.
C) Oracle approval limit can be used to approve or reject the credit memos.
D) Oracle Approvals Management (AME) Workflow can be used to approve or reject the credit memos.
E) Oracle Approvals Management (AME) Workflow can be used to approve or reject the adjustment activities.
F) Oracle approval limit can be used to approve or reject the adjustment activities.

4. Which statement is correct about the differences between the functionalities of parent accounts and summary accounts?

A) Summary account balances can be viewed in the Account Inquiry form, whereas parent account balances cannot be viewed in that form.
B) Summary accounts slow down the generation of Financial Statement Generators, whereas parent accounts help generate quicker results.
C) Summary accounts cannot be used in budget formulas, whereas parent accounts can be used in budget formulas.
D) Summary accounts speed up the posting process, whereas parent accounts require additional time for the Posting process.
E) Summary accounts use the summing segment type forMassAllocations, whereas parent accounts use the looping segment type.

5. Which table stores information about contingencies that impact revenue recognition for imported transactions?

A) RA_INTERFACE_SALESCREDITS_ALL
B) RA_INTERFACE_LINES_ALL
C) AR_INTERFACE_CONTS_ALL
D) RA_INTERFACE_DISTRIBUTIONS_ALL
E) RA_INTERFACE_ERRORS_ALL

Solutions: