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Oracle 1Z0-216 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| General Ledger Overview & Setup | 40% | - Journal Processing
|
| Integration & Core Concepts | 20% | - Financial Flow between Modules
|
| Accounts Receivable Overview & Setup | 40% | - Receivables to GL Integration
|
Oracle EBS R12: General Ledger and Receivables Fundamentals Sample Questions:
Identify two correct statements about Oracle Receivables. (Choose two.)
- A. Transfer to General Ledger can transfer transaction accounting entries after the transactions are entered and saved.
- B. Errors in theAutoInvoice are sent to the Interface Exceptions table.
- C. Receipt accounting can be transferred after the receipts are entered and saved.
- D. Receivables transactions cannot be changed after they are printed.
- E. AutoAccounting is only used for the imported transactions.
Correct Answer: B,C 🗳️
The data access set with the full ledger access set type defines three ledgers/ledger sets: Full ledger access set type
Ledger/ledger set Sets privileges Vision Services read and write Vision Operations read-only Vision Global read-only Which statement is correct?
- A. Responsibilities that use this data access set have full read and write access to the Vision Global ledger.
- B. Responsibilities that use this data access set can only view existing data for the Vision Services ledger.
- C. Users can only view existing data for the Vision Operations ledger.
- D. Users have full read and write access to the Vision Operations ledger.
Correct Answer: C 🗳️
Newco Inc. has decided on a chart of accounts structure that consists of four segments: company, cost center, account, and subaccount. It has only one company value and wants to restrict (limit the appearance of) the lists of account values and subaccount values for some cost
centers. Which is the design option that would meet Newco Inc.'s requirement?
- A. Define a value set with independent validation for each of the three segments: cost center, account, and subaccount. Deselect dynamic inserts for the accounting flexfield structure and define all possible code combinations that are desirable for the specified cost centers.
- B. Define a value set with independent validation and non-hierarchical security for each of the three segments: cost center, account, and subaccount. Enable security for all three segments and define security rules to restrict lists accordingly.
- C. Define a value set for the cost center with independent validation and non-hierarchical security. Define a value set for the account with dependent validation, which depends on the cost center. Define a value set for the subaccount with dependent validation, which depends on the account. Enable security for the cost center segment and define security rules to restrict lists accordingly.
Correct Answer: B 🗳️
Your client is in the process of closing its first year-end. The client completed the accounting cycle and found that several income statement accounts have a remaining balance. What would be the likely cause of these remaining balances?
- A. Natural accounts were defined with an incorrect account type.
- B. Natural accounts were defined to not allow posting.
- C. Natural accounts were defined to store both statistical and monetary values.
- D. Natural accounts were defined as parent values.
Correct Answer: A 🗳️
All receipts that fail validation during AutoLockbox processing remain in the _____ table.
- A. AR_INTERIM_CASH_RECEIPTS_ALL
- B. AR_PAYMENTS_INTERFACE_ALL
- C. AR_INTERIM_CASH_RCPT_LINES_ALL
- D. AR_PAYMENT_SCHEDULE
Correct Answer: B 🗳️
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