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

1. Identify four interface tables that are available in Oracle Payables. (Choose four.)

A) Payables Open Interface
B) PayablesPO Matching Interface
C) PayablesPCard Interface
D) Payables Payments Interface
E) Suppliers Open Interface
F) Payables Invoice Open Interface

2. Select three statuses of the consolidation workbench. (Choose three.)

A) transferred
B) entered
C) reversed
D) posted
E) exported

3. Select three processes that must be performed before closing the purchasing period. (Choose three.)

A) Run and review theUninvoiced Receipts Report.
B) Run the Purchasing Account Analysis Report.
C) Run Transfer Journal Entries to the GL program from Receiving.
D) Process the remaining inventory transactions.
E) Process period-end receipt accruals.

4. Identify three statements that are true for setting up withholding tax for a supplier and supplier site. (Choose three.)

A) Payables defaults the withholding tax group from the supplier site to the invoice and then to invoice distribution.
B) The withholding tax option can be overwritten at the invoice level.
C) The Payables setup option, allow withholding tax, can make suppliers and supplier sites subject to withholding tax.
D) Withholding tax is an account distribution process.
E) If a supplier does not allow withholdingtax, you cannot allow withholding tax for any of the supplier's sites.

5. Identify three types of entities that can be defined and related to one another in Oracle Applications. (Choose three.)

A) responsibilities
B) legal entities
C) ledger
D) business groups
E) paygroups

Solutions: