Sample Questions

9. (Reconciliation Report) Which 3 functionalities are provided by the receivables to ledger reconciliation report? (A). Limiting the display using the ad hoc parameter (B). Graphical or visualization components for viewing the reconciliation report (C). Drill down to see reconciling items (D). The reasons for the reconciling differences (E). Enabling multi-ledger accounting

(A). Limiting the display using the ad hoc parameter (C). Drill down to see reconciling items (D). The reasons for the reconciling differences

2. (Upload customer template) Your client's legacy system uses hierarchical parent/child relationship to organize info bc a single custoer may have more than one bank acct of payment method. Does this prevent you from using the oracle fusion community trading model data import program? (A). No; the program contains parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer info (B). Yes; the program specifically prohibits parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer information (C). The program allows table hierarchies for customer bank accts, but not for customer information (D). The use of parent, child, and grandchild table hierarchies is allowed only in AP not in AR (E). The program allows the use of parent, child, and grandchild table hierarchies, but it requires multiple customer master records for each customer within the hierarchy

(A). No; the program contains parent, child, and grandchild table hierarchies to represent the hierarchy of data in the customer info

10. (Lockbox config) What are the three setup steps required to implement the Lockbox feature? (A). Receipt sources (B). Gapless sequencing (C). Lockbox and lockbox transmission formats (D). Receipt flags in system options (E). Receipt classes and receipt methods

(A). Receipt sources (C). Lockbox and lockbox transmission formats (E). Receipt classes and receipt methods

6. (Auto-accouting config) You receive an accounting distribution requirement from your customer to derive department segment value based on the type of invoice being created. What is the required auto-accounting configuration to fulfill this requirement? (A). Select the value source "Trxn types" for the department segment (B). Select the value source "site" for the department segment (C). Select the value source "trxn source" for the department segment (D). Select the value source "standard lines" for the department segment (E).. Select the value source "trxn class" for the department segment

(A). Select the value source "Trxn types" for the department segment

8. (Bill mgmt infotiles) Which three infotiles are displayed in the bills mgmt accounts overview work area? (A). Total (B). Debit memos (C). In dispute (D). Invoices (E). Adjustments

(A). Total (C). In dispute (D). Invoices

1. (Reference Data Set) To determine the best approach to converting a client's data, you must know which setup is set-enabled and can be shared. Identify three set-enabled setups in oracle cloud receivables (A). auto-cash rules (B). Trxn sources (C). Receipt methods (D). Receipt types (E). Trxn types

(A). auto-cash rules (B). Trxn sources (E). Trxn types

5. (Receipt class setup) Which two clearance methods are required in the receipt class setup if your customer intends to use cash mgmt to reconcile receipts against bank statement lines? (A). Directly (B). Automatic clearing (C). Manual (D). Matching (E). Factoring

(B). Automatic clearing (D). Matching

3. (Components of a BU Publisher) Which three are components of a BI Publisher report (choose three)? (A). Output (B). Data Model (C). Subject Area (D). Translation (E). Layout

(B). Data Model (D). Translation (E). Layout

4. (Setting up trxn types) When setting up trxn types, which statement is true? (A). If you set the open receivable option to no and post to GL option to yes, receivables updates accouting, which has an impact on customer balances (B). If only the open receivables option is enabled, receivables updates your customer balances, but has no effect on standard aging (C). If you set the open receivables option to yes and post to GL option to No, receivables updates customer accounts with the trxn activity of trxns that are assigned this trxn type (D). If you set the open receivables option to yes and over application to yes, you cannot reverse the sign on the trxn when applying credit memos

(C). If you set the open receivables option to yes and post to GL option to No, receivables updates customer accounts with the trxn activity of trxns that are assigned this trxn type

7. (Types of strategic tasks) Which two types of strategy tasks are available in advanced collections? (A). Global (B). Business Unit (C). Manual (D). Case folder (E). Automatic

(C). Manual (E). Automatic