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

1. During the entry or update of expense reports in the Payables Expense Report window, holds can be applied on an expense report. These holds are carried forward to the invoice created from the expense report in Payables. Which statement is true?

A) Only one user-defined hold and any number of system holds can be applied on one expense report in the Payables Expense Report window.
B) Only one user-defined hold and no system hold can be applied on one expense report in the Payables Expense Report window.
C) Any number of user-defined holds and any number of system holds can be applied on one expense report in the Payables Expense Report window.
D) Any number of user-defined holds and only one system hold can be applied on one expense report in the Payables Expense Report window.

2. Select three statements that apply to Interface Data Transformer (IDT). (Choose three.)

A) It makes exporting of data from Oracle General Ledger into external feeder systems much easier and less time consuming.
B) It ensures reapplication of the same rules each time you transfer.
C) IDT provides greater flexibility by performing no validation on the imported data.
D) IDT provides automatic data conversion that converts disparate data formats into an Oracle format.
E) User-defined conditions enable you to control when transformation rules must be applied.

3. What is the effect of summary accounts on the efficiency of the posting process?

A) Use summary accounts in the posting process to accumulate values.
B) Use summary accounts in the posting process to not accumulate values.
C) Use of summary accounts decreases the efficiency of the posting process.
D) Use of summary accounts increases the efficiency of the posting process.

4. Select the income tax report that is NOT available in the Payables module.

A) Withholding Tax by Payment
B) Withholding Tax by Supplier
C) Withholding Tax by Supplier Site
D) Withholding Tax by Invoice

5. Which journal entry type does General Ledger automatically reverse and post?

A) budgets and encumbrance
B) budgets
C) actuals, budgets, and encumbrance
D) actuals
E) actuals and budgets

Solutions: