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Oracle EBS R12: General Ledger and Payables Fundamentals Sample Questions:
1. If you use the Expense Report Export program, it converts expense reports created in these applications into Payables invoices. Identify the two applications. (Choose two.)
A) Oracle Projects
B) Oracle General Ledger
C) Oracle Payables
D) Oracle Internet Expenses
E) Oracle Aria
F) Oracle Travel
2. Identify three E-Business Tax setup options. (Choose three.)
A) set up currency exchange
B) set up supplier
C) set up tax recovery rates
D) set up tax regimes
E) set up taxes and tax rates
3. Select the income tax report that is NOT available in the Payables module.
A) Withholding Tax by Payment
B) Withholding Tax by Supplier Site
C) Withholding Tax by Invoice
D) Withholding Tax by Supplier
4. Which statement is true about paying invoices?
A) Both invoice accounting entries and payment accounting entries must be transferred to General
Ledger at the same time if they are in the same calendar period.
B) Invoice accounting entries and payment accounting entries can be transferred at different times to General Ledger only if they are in different calendar periods.
C) An invoice can be paid without being validated.
D) An invoice must be validated before you can create invoice accounting entries.
E) An invoice can be paid only after the invoice accounting entries are created.
5. You have the following information:
The Accounting flexfield structure is "company, department, product, account." Product has two rollup groups: domestic and international. Department has one rollup group: manufacturing. All accounting flexfield segment values can use alphanumeric characters.
Which summary account template would Oracle General Ledger fail to create? (D: Detail)(T: Total)
A) D-D-D-D
B) T-manufacturing-international-D
C) D-T-domestic-D
D) D-manufacturing-D-T
E) T-T-T-T
F) T-D-D-D
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: C,D,E | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |


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