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Oracle 1Z0-216 Exam Syllabus Topics:

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

Question 1

Identify four consolidation tools. (Choose four.)

A. Interface Data Transformer
B. Global Consolidation System
C. Global Intercompany System
D. Applications Desktop Integrator
E. Financial Statement Generator

Question 2

The GL accountant tells you that to minimize maintenance efforts, disabled account code combinations must be automatically deleted from the budget organization periodically. At the same time, if new account code combinations have been defined, these must be automatically added. What would be your response?

A. To do this, automatically run the Maintain Budget Organization program periodically.
B. If the client wants to do this, customization of Oracle Workflow is the only option.
C. It is possible to automatically add new account code combinations, but disabled accounts must be deleted manually.
D. The Oracle General Ledger budget functionality cannot satisfy this requirement.
E. It is possible to automatically delete the disabled account code combinations, but new accounts must be added manually.

Question 3

John is reviewing the clients draft training documents about the Order to Cash life cycle business processes. Identify four steps that are included in the Order-to-Cash life cycle. (Choose four.)

A. Launching pick release
B. Performing credit check
C. Reconciling bank statements
D. Generating the move order manually
E. RunningAutoInvoice to Receivables

Question 4

You want an invoice to be due in four stages. What should you do when creating the invoice to accomplish this?

A. Assign an invoicing rule with four schedules.
B. Assign an accounting rule with four schedules.
C. Assign payment terms that have four payment schedules.
D. Create four lines and assign different payment terms to each line.
E. Assign payment terms that have four discount periods defined.

Question 5

XYZ Corporation is headquartered in Dubai with a branch in Kuwait. Dubai uses a weekly calendar and Kuwait uses a monthly calendar. The plan is to close the Kuwait operations and open a new branch in Bangalore. The Kuwait secondary ledger will be deleted and the new Bangalore secondary ledger will be added. Bangalore will use a different chart of accounts from that of Dubai and will use a weekly calendar. Select two valid statements. (Choose two.)

A. Deleting the Kuwait ledger is possible after the accounting setup of the Dubai ledger is complete.
B. If the Kuwait ledger is disabled, it is still available for historical reporting and manual journal entries.
C. There is no mapping required from the Dubai ledger to the Bangalore ledger.
D. After adding the Dubai ledger, the ledger options step must be completed.

Solutions: