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Oracle 1Z0-216 Exam Syllabus Topics:

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

Question 1

Jack is hired as an Oracle General Ledger implementation consultant for XYZ Corporation. Select two options that are necessary to enable journal approval. (Choose two.)

A. Keyflexfields
B. Journal Sources form
C. Journal approval on the Ledger Setup page
D. Journal Encumbrance Types form
E. Journal Categories form

Question 2

There are several setup steps for receipts in Oracle Receivables; some are required whereas others are optional. Which two setup steps are optional? (Choose two.)

A. Define application rule sets.
B. Define receipt classes.
C. DefineAutoCash rule sets.
D. Define receipt methods.
E. Define receipt sources.

Question 3

ABC Company in India exports raw materials to XYZ Company in the USA. There is an outstanding invoice of INR 90,000,000 to be paid in two months. The USD-to-INR rate when the transaction was completed was 45. Now the USD-to-INR rate has changed from 45 to 40. 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 has a positive impact by this rate change.
B. ABC Company is not impacted at all by this rate change.
C. ABC Company has a positive impact by this rate change.
D. XYZ Company has a negative impact by this rate change.

Question 4

The following template has been created:
D_Region_Asset
Here, D represents the company segment; the value set is called company.
Region represents the division segment; the value set is called division.
Asset represents the natural account segment; the value set is called account.
You receive this error:
APP-08820: The rollup group 'Asset' is not defined in the value set: <'Account'>.
What is the problem?

A. The asset rollup group has not been assigned to a parent value.
B. The asset rollup group has been assigned to a parent with no child values.
C. The natural account segment can have only a T designation.
D. The asset rollup group should have been aligned with the division segment.

Question 5

Choose the maximum number of secondary ledgers that can be assigned to a primary ledger.

A. One per primary ledger
B. Unlimited
C. Two per primary ledger
D. One per primary ledger with a reporting currency

Solutions: