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

1. Jack, the CFO of ABC Company, wants to prepare the annual capital expenditure budget for the current year where the company plans to grow in the last quarter of the year. The capital expenditure budget is subdivided in multiple items, and the corporate calendar used at ABC Company has thirteen periods. Identify the three budget rules that Jack must use to minimize the effort. (Choose three.)

A) Use the divide evenly rule with the 4/4/4 spread.
B) Use the divide evenly rule with the 4/4/5 spread.
C) Use the divide evenly rule with the 4/5/4 spread.
D) Use the divide evenly rule with the 5/4/4 spread.

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

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

3. Select four processes that are facilitated by the credit management workflow. (Choose four.)

A) Gathering prospect credit data
B) Analyzing prospect credit data
C) Implementing credit decisions for organizations
D) Analyzing customer account credit data for individuals
E) Gathering organization account credit data
F) Implementing credit decisions for individuals

4. Flavour Inc. in the United Kingdom has a subsidiary in India known as Spices Inc. Flavour Inc. has a four-segment chart of accounts, whereas Spices Inc. has a five-segment chart of accounts. Select three statements that apply to consolidating ledgers with different charts of accounts. (Choose three.)

A) Segment rules override account rules if there is any conflict.
B) Only one action can be defined per parent segment.
C) Consolidations based on account rules process faster.
D) Consolidations based on segment rules process faster.
E) A segment rule action must be defined for each segment in the parent chart of accounts.

5. Identify the three applications that create invoices into Oracle Receivables. (Choose three.)

A) Oracle Lease Management
B) Oracle Shipping
C) Oracle Loans
D) Oracle Cash Management
E) Oracle Projects

Solutions: