1Z0-216 Exam
Oracle E-Business Suite R12: General Ledger and Receivables Fundamentals
- Exam Number/Code : 1Z0-216
- Exam Name : Oracle E-Business Suite R12: General Ledger and Receivables Fundamentals
- Questions and Answers : 253 Q&As
- Update Time: 2010-05-11
- Price:
$ 174.00$ 99.00
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Exam : Oracle 1Z0-216
Title : Oracle EBS R12: General Ledger and Receivables Fundamentals
1. The end users at Lucy Ltd. noticed several AutoInvoice exceptions and requested your help in correcting them. Which window allows you to edit data?
A. Line Errors window
B. Interface Lines window
C. Interface Exceptions window
D. Interface Corrections window
Answer: B
2. The client entered a miscellaneous receipt by mistake; it was posted to General Ledger. Now the miscellaneous receipt needs to be reversed. Which method would you advise the client to use?
A. Carry out a standard reversal of the miscellaneous receipt.
B. Carry out a debit memo reversal of the miscellaneous receipt.
C. Create a receivable activity adjustment for the reversal of the miscellaneous receipt.
D. Create an adjustment in receivables for the reversal of the effect of the miscellaneous receipt.
E. Create a journal entry in General Ledger to reverse the accounting impact created by the posting of the miscellaneous receipt.
Answer: A
3. Identify three purposes for which transaction types can be used. (Choose three.)
A. to record how cash can be applied to transactions
B. to set whether AutoInvoice validates transactions using IDs or values
C. to set whether transactions affect the Accounts Receivable (AR) customer balances
D. to record the accounting flexfield value that would be used for the cash account for transactions
E. to record the accounting flexfield value that would be used for the receivable account for transactions
F. to set transaction numbers to be either assigned automatically or entered manually for transactions
Answer: ACE
4. 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. running AutoInvoice to Receivables
E. generating the move order manually
Answer: ABCD
5. Identify two statements that apply to Oracle Collections. (Choose two.)
A. It is a Web-based self-service application.
B. It can be used to place an invoice in dispute.
C. It enables customers to see their own Oracle Receivables account information, such as balances.
D. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow from Oracle Collections.
Answer: BD
6. A clerk from ABC Inc., receives a customer receipt that does not have sufficient information to identify the customer or invoice. Which is the correct method of entering the receipt in Oracle Accounts Receivable?
A. Enter the receipt as an unapplied receipt.
B. Enter the receipt as an unidentified receipt.
C. Enter the receipt as an on-account receipt.
D. Enter the receipt as a miscellaneous receipt.
E. Enter the receipt by applying it to a dummy customer account.
Answer: B
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