[Free] 2018(Jan) EnsurePass Passguide Oracle 1z0-216 Dumps with VCE and PDF 171-180

Ensurepass.com : Ensure you pass the IT Exams
2018 Jan Oracle Official New Released 1z0-216
100% Free Download! 100% Pass Guaranteed!

Oracle EBS R12: General Ledger and Receivables Fundamentals

Question No: 171 – (Topic 1)

Choose three tables that will be populated when the Journal Import process is run with the option to post set as quot;Yes.quot; (Choose three.)






Answer: A,B,C

Question No: 172 – (Topic 1)

AutoLockbox uses attributes to identify a customer for each AutoLockbox receipt. Which five attributes for AutoLockbox are used to identify the customer? (Choose five.)

  1. MICR number

  2. customer number

  3. sales order number

  4. receipt number (which is often the check number)

  5. transaction number using the auto associate option

  6. balance forward bill number using the auto associate option

Answer: A,B,C,E,F

Question No: 173 – (Topic 1)

All manual journal entries are defaulting to a non-current period. Which step was omitted from the accounting cycle?

  1. updating the period

  2. posting journal entries

  3. consolidating financials

  4. reversing journal entries

  5. translating foreign balances

Answer: A

Question No: 174 – (Topic 1)

XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia, the UK, and China. The Australian and the US operations can share the same chart of accounts segments, and the UK and China operations can share the same chart of accounts segments.

All operations share the same calendar or period-type combination, but not the currency. Each country requires that a separate accounting data be maintained.

Identify the number of legal entities to be created and the number of accounting setups.

  1. Create one legal entity and four accounting setups.

  2. Create four legal entities and one accounting setup.

  3. Create two legal entities and four accounting setups.

  4. Create four legal entities and four accounting setups.

Answer: D

Question No: 175 – (Topic 1)

Transaction numbering is set up using .

  1. system options

  2. AutoAccounting

  3. transaction types

  4. transaction sources

Answer: D

Question No: 176 – (Topic 1)

The organization that Receivables uses to validate items is set up using .

  1. the AR: Items Flexfield Mode profile option

  2. the AR: Allow Manual Invoice Lines profile option

  3. the AR: Item Validation Organization profile option

  4. item validation organization in the OM Parameters window

Answer: D

Question No: 177 – (Topic 1)

Jane, the GL accountant, says that she had heard about the budget upload functionality of Oracle General Ledger and had been eager to test it. However, she was unable to test it in the Conference Room Pilot (CRP) instance. What would be your explanation?

  1. The GL period is closed.

  2. The budget status may be frozen.

  3. The GL account code combination is invalid.

  4. Budget journals are required at the ledger level.

  5. The budget dates in the budget organization have a different date range.

Answer: D

Question No: 178 – (Topic 1)

You want an invoice to be due in four stages. What should you do when creating the

invoice to accomplish this?

  1. Assign an invoicing rule with four schedules.

  2. Assign an accounting rule with four schedules.

  3. Assign payment terms that have four payment schedules.

  4. Assign payment terms that have four discount periods defined.

  5. Create four lines and assign different payment terms to each line.

Answer: C

Question No: 179 – (Topic 1)

The Receivables QuickCash functionality enables you to .

  1. apply receipts at invoice line level

  2. apply receipts using Mass Apply window

  3. apply receipts at invoice header level only

  4. create adjustments and chargebacks for debit items with applied receipts

Answer: C

Question No: 180 – (Topic 1)

For any scoring model, you can define a set of automation rules to guide the implementation of credit decisions without user intervention. Under what situation are automation rules preferred?

  1. when credit risk defined by an enterprise#39;s policies is high

  2. when credit risk defined by an enterprise#39;s policies is minimal

  3. when credit risk defined by an enterprise#39;s policies is unrated

  4. when credit risk defined by an enterprise#39;s policies is moderate

Answer: B

100% Ensurepass Free Download!
Download Free Demo:1z0-216 Demo PDF
100% Ensurepass Free Guaranteed!
1z0-216 Dumps

EnsurePass ExamCollection Testking
Lowest Price Guarantee Yes No No
Up-to-Dated Yes No No
Real Questions Yes No No
Explanation Yes No No
Free VCE Simulator Yes No No
Instant Download Yes No No

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.