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

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

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

2. Your company is using Oracle Receivables and Trade Management to create and resolve claims. A non-invoice-related claim is generated in Oracle Receivables and transferred to Trade Management for investigation.The balancing segments used for accounting on the individual transactions are:
Claim Investigation:1001 Unapplied Cash: 1000 Cash: 1000 Receivables: 2000 Receipt Write-Off: 3000 If you are using the Account Generator to update the balancing segment values, what is the balancing segment that is derived if the claim is resolved via receipt write-off?

A) 1001
B) 3000
C) 1000
D) 2000

3. ABC Enterprise wants to achieve processing efficiencies in its accounts closing cycle. It has multiple ledgers and needs to summarize balances across ledgers. ABC Enterprise is security conscious and wants to restrict user access on ledgers. All its ledgers share the same chart of accounts and accounting calendar or period-type combination. Identify which functionality of Oracle General Ledger serves the need of ABC Enterprise.

A) Balance transfers
B) Ledger sets
C) Consolidation
D) Ledgers
E) Data access sets

4. ABC Company in India imports baking equipment from XYZ Company in the US A.
There is an outstanding invoice of $1,000,000 to be paid in two months. The USD-to-INR rate when the transaction was done was 47.5. Now the USD-to-INR rate has changed from 47.5 to 40.5. Jack, who is a treasury analyst at ABC Company, reviews the transactions and comes to a conclusion. Select two correct conclusions arrived upon by Jack. (Choose two.)

A) XYZ Company is not impacted at all by this rate change.
B) ABC Company has a positive impact by this rate change.
C) ABC Company is not impacted at all by this rate change.
D) XYZ Company has a positive impact by this rate change.

5. The tables for the Customer Master are owned by _____.

A) Oracle Receivables
B) Oracle Order Management
C) Oracle Customer Relationship Management
D) Oracle Trading Community Architecture

Solutions: