This page was exported from Easily Pass By Training Lead2pass Latest Dumps [ https://www.freebraindump.com ] Export date:Fri Mar 7 1:05:09 2025 / +0000 GMT ___________________________________________________ Title: OFFER Oracle 1Z0-216 PDF and 1Z0-216 VCE Full Version --------------------------------------------------- Vendor: OracleExam Code: 1Z0-216Exam Name: Oracle EBS R12: General Ledger and Receivables Fundamentals QUESTION 1Identify three purposes for which transaction types can be used. (Choose three.)A.    to record how cash can be applied to transactionsB.    to set whether AutoInvoice validates transactions using IDs or valuesC.    to set whether transactions affect the Accounts Receivable (AR) customer balancesD.    to record the accounting flexfield value that would be used for the cash account for transactionsE.    to record the accounting flexfield value that would be used for the receivable account for transactionsF.    to set transaction numbers to be either assigned automatically or entered manually for transactions Answer: ACE QUESTION 2ABC Company wants to compare consolidated actuals against consolidated budgeted amounts. Identify the two steps that must be performed to provide ABC Company with this information. (Choose two.) A.    Run the Trial Balance report.B.    Execute an online budget inquiry.C.    Execute an online account inquiry.D.    Review the Account Analysis report.E.    Run financial statement generator reports. Answer: CE QUESTION 3XYZ Corporation has five segments in its accounting flexfield. For a special profit-and-loss report, they want to sort by the fourth segment, which is "product." Select the element that would meet this need. A.    row setB.    row orderC.    content setD.    column set Answer: B QUESTION 4Which three are part of the Global Consolidation System (GCS) functionality? (Choose three.) A.    viewing the multilevel structure of your consolidation in a graphical formatB.    defining mapping rules to determine how subsidiary account balances roll up into the parentC.    creating consolidated journal entries in both parent and subsidiary sets of books as part of the consolidation processD.    using the Interface Data Transformer to transfer data from Oracle global consolidations to external financial feeder systemsE.    viewing the status and monitor subsidiary account balances for any changes that occur after the subsidiary data has been transferredAnswer: ABE QUESTION 5ABC Enterprises is implementing Oracle E-Business Suite Release 12. They possess much data relating to Assets, HRMS, Inventory, vendors, and customers. They also have budgetary control enabled, and they have a substantial amount of budget data. They want to upload their data into Oracle with the use of Oracle Web Application Desktop Integrator. Identify four types of data that can be used for uploading data by using Web ADI. (Choose four.) A.    HRMS dataB.    Assets dataC.    vendors dataD.    budgets dataE.    Inventory dataF.    customers data Answer: ABDE QUESTION 6The GL accountant has defined the budget and wants the assistant accountants to enter and update the budget. The GL accountant wants this budget to be the default. What would be your response? A.    If the client wants to do this, the budget status must be open.B.    If the client wants to do this, the budget status must be current.C.    The Oracle General Ledger budget functionality cannot satisfy this requirement.D.    If the client wants to do this, customization of Oracle Workflow is the only option. Answer: B QUESTION 7Identify four required Oracle Credit Management system options. (Choose four.) A.    territoryB.    legal entityC.    aging bucketD.    exchange rate typeE.    default customer credit classificationF.    data quality management (DQM) matching rule name Answer: CDEF QUESTION 8Your client will use the seeded credit classifications of Low Risk, Moderate Risk, and High Risk to evaluate the credit worthiness of customers. It has also created the following credit review types:New Credit LimitDomestic CreditInternational CreditGuarantor of CreditLease Application CreditHow many credit checklists should the management set up in Oracle Credit Management to perform credit reviews in accordance with the organization's current policies? A.    tenB.    fiveC.    oneD.    eightE.    threeF.    fifteen Answer: F QUESTION 9Sam, the CFO of XYZ Company, wants to prepare the annual capital expenditure budget for the current year with reference to the capital expenditure budget of the previous year. The capital expenditure budget is subdivided into multiple items, and the corporate calendar used at XYZ Company has thirteen periods. Which budget rule must Sam use to minimize the effort. A.    prior year budget monetary and prior year budget statisticalB.    prior year actual monetary and current year budget statisticalC.    prior year budget monetary and current year budget statisticalD.    current year actual monetary and current year actual statisticalE.    current year budget monetary and current year budget statistical Answer: A QUESTION 10John is reviewing the clients draft training documents about the Order to Cash life cycle business processes. Identify four steps that are included in the Order-to-Cash life cycle. (Choose four.) A.    launching pick releaseB.    performing credit checkC.    reconciling bank statementsD.    running AutoInvoice to ReceivablesE.    generating the move order manually Answer: ABCD QUESTION 11The tables for the Customer Master are owned by _____. A.    Oracle ReceivablesB.    Oracle Order ManagementC.    Oracle Trading Community ArchitectureD.    Oracle Customer Relationship Management Answer: CQUESTION 12Select the setup task that you are required to perform in Receivables to manage tax calculations on invoices. A.    defining tax rulesB.    defining AutoInvoiceC.    defining AutoAccountingD.    defining tax registrationsE.    defining Account Generator Answer: C QUESTION 13Select four values that default from profile classes in Oracle Accounts Receivable. (Choose four.) A.    currencyB.    legal entityC.    payment termsD.    statement cycleE.    business purposeF.    credit classification Answer: ACDF QUESTION 14You have just opened the Transactions form. Which field would you see on this form? A.    companyB.    legal entityC.    cost centerD.    operating unit Answer: B QUESTION 15Retail customers are encouraged to sign up for direct debit form of payment. This provides the bank with authorization to debit a customers checking account for either the full amount due or the minimum balance, depending on the option selected by the customer at the time of enrolling for the direct debit. Which is the most appropriate receipts solution in Oracle Receivables to directly address this business need of your client? A.    Implement bills of exchange.B.    Implement automatic receipts.C.    Implement credit card receipts.D.    Implement QuickCash receipts.E.    Implement AutoLockbox receipts. Answer: B QUESTION 16ABC Corporation has five companies, which operate in different industries. Each company has a different ledger-processing option that is industry specific. Choose the number of primary ledgers that are required to be defined. A.    fiveB.    fourC.    twoD.    oneE.    three Answer: A QUESTION 17Which statement is correct about the differences between the functionalities of parent accounts and summary accounts? A.    Summary accounts cannot be used in budget formulas, whereas parent accounts can be used in budget formulas.B.    Summary accounts speed up the posting process, whereas parent accounts require additional time for the Posting process.C.    Summary accounts use the summing segment type for MassAllocations, whereas parent accounts use the looping segment type.D.    Summary account balances can be viewed in the Account Inquiry form, whereas parent account balances cannot be viewed in that form.E.    Summary accounts slow down the generation of Financial Statement Generators, whereas parent accounts help generate quicker results. Answer: D QUESTION 18You mail your customer John Doe an invoice for $1000 for the supplies he ordered. John has the option of making his payment either by check or by credit card. John elects to use his credit card. This receipt is identified as a(n) _____ . A.    manual receiptB.    automatic receiptC.    QuickCash receiptD.    AutoLockbox receiptE.    miscellaneous receipt Answer: B QUESTION 19Which three are the benefits of the Currency Rates Manager in Oracle General Ledger? (Choose three.) A.    You can maintain daily rates and historical rates more easily.B.    You get improved efficiency with the help of the spreadsheet interface.C.    You can maintain consistency among different currency conversion rates.D.    Additional security ensures that historical rates can be uploaded to closed or future periods only.E.    You can maximize intercompany imbalances during intercompany eliminations of foreign currency transactions that are due to exchange rate differences. Answer: ABC QUESTION 20Identify three entities that can become a party in Oracle Trading Community Architecture (TCA). (Choose three.) A.    an individual customerB.    a personal relationshipC.    a business organizationD.    a business contact emailE.    a business mailing addressF.    a business contact telephone Answer: ABC If you want to pass Oracle 1Z0-216 successfully, donot missing to read latest lead2pass Oracle 1Z0-216 exam questions.If you can master all lead2pass questions you will able to pass 100% guaranteed. http://www.lead2pass.com/1Z0-216.html --------------------------------------------------- Images: --------------------------------------------------- --------------------------------------------------- Post date: 2014-08-14 02:41:38 Post date GMT: 2014-08-14 02:41:38 Post modified date: 2014-08-14 02:41:38 Post modified date GMT: 2014-08-14 02:41:38 ____________________________________________________________________________________________ Export of Post and Page as text file has been powered by [ Universal Post Manager ] plugin from www.gconverters.com