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Oracle 1Z0-215 Exam Syllabus Topics:

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

1. Identify two places where you can define a legal entity. (Choose two.)

A) Accounting Setup Manager
B) HRMS organization setup
C) set of books
D) Legal EntityConfigurator
E) data access set

2. Identify three ways in which subledgers transfer information to General Ledger. (Choose three.)

A) batch transfer
B) summary journals
C) detail journals
D) line-level records
E) balances

3. 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 store both statistical and monetary values.
C) Natural accounts were defined to not allow posting.
D) Natural accounts were defined as parent values.

4. Identify three options available to manage cash requirements. (Choose three.)

A) Select additional PayThrough Days.
B) Change Pay Groups.
C) Narrow the selection of invoices in pay run.
D) Select Payment Terms.
E) Include Only Due.

5. Identify three Payables system setup options. (Choose three.)

A) allow void and reissue
B) bill-to location
C) alwaystake discount
D) create interest invoice
E) application accounting definitions

Solutions: