Oracle Apps Finance Testing | Questions and Answers


Oracle Apps Finance Testing | Mock Test

 

1
What are the flex field qualifiers which are available for accounting flex field structure
a. Natural account
b. Cost center and Balancing Segment
c. Intercompany
d. All of the above

Answer : All of the above

2
what are the necessary details to be entered for a project related invoice in oracle payables
a. Project Name
b. Task
c. Expenditure type
d. All of the above

Answer : All of the above

3
what level General Ledger data is secured
a. Responsibility
b. Ledger
c. Operating Unit
d. User

Answer : Ledger

4
What level Sub ledger module data is secured
a. Responsibility
b. Ledger
c. Operating Unit
d. User

Answer : Responsibility

5
Which among the following can be a Journal Entry Source?
a. Fixed Assets
b. Projects
c. Inventory
d. All of the above

Answer : All of the above

6
Which flex field qualifiers are mandatory
a. Intercompany and Natural account
b. Natural account and cost center
c. Balancing Segment and Natural account
d. All of the above

Answer : Balancing Segment and Natural account

7
Which mandatory account needs to be defined for Ledger configuration?
a. Expense
b. Retained earnings
c. Encumbrance
d. Actual

Answer : Retained earnings

8
Which module we will define Statistical budgets
a. Payables
b. Receivables
c. Assets
d. General Ledger

Answer : General Ledger

9
Which of the following is not a predefined rate type
a. Functional
b. Spot
c. Corporate
d. User

Answer : Functional

10
Which of the following is not a status of AP accounting period
a. Partially opened
b. never opened
c. Future
d. Open

Answer : Partially opened

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