Try Oracle : 1Z0-216 valid & accurate questions and answers
Updated: Jun 02, 2026
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Oracle EBS R12: General Ledger and Receivables Fundamentals Sample Questions:
1. Computer Operations Inc. has its headquarters in Frankfurt. It uses two ledgers: one for corporate accounting (primary) and another for statutory reporting (secondary). Both ledgers have different charts of accounts and accounting calendars but use EUR as the functional currency. It has a subsidiary in California, which uses its own chart of accounts and the USD currency. Identify two options by which Computer Operations Inc. can consolidate their global operations. (Choose two.)
A) Consolidation can be done by mapping between the California secondary ledger and the Frankfurt secondary ledger.
B) A new ledger set must be defined, which will group the Frankfurt primary ledger and the California secondary ledger.
C) The chart of accounts and calendar of the Frankfurt secondary ledger must be the same as that of the California secondary ledger.
D) A secondary ledger must be defined for California.
2. Select three statements that apply to Interface Data Transformer (IDT). (Choose three.)
A) IDT provides greater flexibility by performing no validation on the imported data.
B) IDT provides automatic data conversion that converts disparate data formats into an Oracle format.
C) It makes exporting of data from Oracle General Ledger into external feeder systems much easier and less time consuming.
D) User-defined conditions enable you to control when transformation rules must be applied.
E) It ensures reapplication of the same rules each time you transfer.
3. Jane, the GL accountant, comes to you with a requirement: the recurring journals batches must be automatically generated at specified intervals. What would be your response?
A) Cross-validation rules must be defined to satisfy this requirement.
B) It is not possible to satisfy this requirement; recurring journals must be created manually.
C) Allow Dynamic Insert must be enabled to satisfy this requirement.
D) It is possible to satisfy this requirement by using theautoallocation functionality.
4. Which two statements are true about invoicing rules and accounting rules? (Choose two.)
A) If a transaction has an invoicing rule, an accounting rule is optional.
B) If a transaction has an invoicing rule, an accounting rule is not allowed.
C) Invoicing rules and accounting rules have no effect until invoices are paid.
D) Invoicing rules and accounting rules have no effect unless you choose the accrual method of accounting.
E) Invoicing rules determine when invoices are due. Accounting rules affect how invoices are accounted for.
F) If a transaction has an invoicing rule, an accounting rule is also required.
5. Identify what three considerations must be executed before creating a report by using the financial statement generator. (Choose three.)
A) Decide which rows and columns will make up the report.
B) Create the database link.
C) Define attributes for rows and columns.
D) Determine the data to be reported.
E) Download Web ADI.
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B,D,E | Question # 3 Answer: D | Question # 4 Answer: D,F | Question # 5 Answer: A,C,D |
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