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Oracle 1Z0-216 Exam Syllabus Topics:

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

Question 1

Select two actions that ledger sets permit. (Choose two.)

A. Grouping multiple ledgers that share the same chart of accounts and calendar
B. Being used for mass budgets
C. Viewing account balances for multiple ledgers in one view
D. Performing variance inquiries
E. Sending budget balance inquiries

Question 2

Which relationship group would you assign to allow each party to pay for its own transactions, as well as the transactions of all parties that are lower in the hierarchy (children, grandchildren, and so on)?

A. Pay parties
B. Pay without
C. Pay group
D. Pay below

Question 3

After creating a number of Financial Statement Generator reports, ABC Company wants a list of the definitions for one specific account. Identify the report that would provide this information.

A. FSG Content Set Detail Listing
B. FSG Report Detail Listing
C. FSG Where Used Report
D. FSG Content Summary Listing
E. FSG Attribute Listing

Question 4

Which module of Oracle E-Business Suite Release 12 sends revaluation and accrual entries to General Ledger?

A. Oracle Treasury
B. Oracle Receivables
C. Oracle Projects
D. Oracle Assets
E. Oracle Property Manager

Question 5

Flavour Inc. in the United Kingdom has a subsidiary in India known as Spices Inc. Flavour Inc. has a four-segment chart of accounts, whereas Spices Inc. has a five-segment chart of accounts. Select three statements that apply to consolidating ledgers with different charts of accounts. (Choose three.)

A. Consolidations based on segment rules process faster.
B. Segment rules override account rules if there is any conflict.
C. Consolidations based on account rules process faster.
D. Only one action can be defined per parent segment.
E. A segment rule action must be defined for each segment in the parent chart of accounts.

Solutions: