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| Section | Objectives |
|---|---|
| Topic 1: Cash Management | - Bank Account Setup - Bank Reconciliation |
| Topic 2: Accounts Receivable | - Billing and Invoicing - Receipts and Collections - Customer Management |
| Topic 3: Oracle Financials Cloud Overview | |
| Topic 4: General Ledger | - Chart of Accounts and Ledger Configuration - Financial Reporting Basics - Journal Processing |
| Topic 5: Accounts Payable | - Payment Processing - Invoice Processing - Supplier Management |
| Topic 6: Fixed Assets | - Depreciation Processing - Asset Creation and Management |
1. Your organization follows the integrated invoice imaging solution to scan and process sup-plier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing dat a. In which status can these invoices be found? (Choose the best Answer.)
A) Incomplete
B) Needs Revalidation
C) Validated
D) Not Validated
2. Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)
A) Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type
B) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
C) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
D) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
3. Which accounting engine is used to define the rules that help in generating the accounting entries for transactions such as supplier invoices and payments or customer invoices and receipts? (Choose the best Answer.)
A) General Ledger
B) Business Intelligence
C) Essbase Cube
D) Subledger Accounting (SLA)
4. Which three preferred delivery methods can you choose to send statements to your customers while defining customer profile classes? (Choose three.)
A) WhatsApp
B) Email
C) Print
D) SMS
E) Fax
5. Robert works as an Asset Accountant for Glenn Systems and tracks the transactions that require attention by using the Additions infotile in the Assets work are a. Which three statuses can he track by using this infotile? (Choose three.)
A) Ready to Post
B) Exceptions
C) Incomplete
D) Merged
E) Ready to Transfer
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B,C,E | Question # 5 Answer: A,B,C |
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