Oracle Apps Testing | Questions and Answers


Oracle Apps Testing | Mock Test

1
Auto Cash Rule Sets are defined to
a. Automatically apply receipts to invoices
b. Automatically apply commitments to invoices
c. Automatically apply credit memos to invoices
d. All of the above

Answer : Automatically apply receipts to invoices

2
Prepayment is used to denote
a. payments against agreed terms
b. advance payments where the goods or services are not actually received
c. payments where goods or services are already received
d. advance payments for employee expenses

Answer : advance payments where the goods or services are not actually received

3
Supplier master is maintained in
a. OM
b. Purchasing
c. AP
d. BOM

Answer : AP

4
To create a customer account credit that isn’t related to a specific invoice we should create
a. On account Debit Memo
b. On account Invoice
c. On Account Commitment
d. On Account Credit Memo

Answer : On Account Credit Memo

5
When is an encumbrance created?
a. company agrees to purchase goods or services from a supplier
b. Sales order is booked
c. Items are received into the sub inventory from designated suppliers
d. PO invoice is created

Answer : company agrees to purchase goods or services from a supplier

6
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

7
Which of the following invoices is processed via payables open interface
a. XML Invoices
b. EDI Invoices
c. Credit card invoices
d. Payables invoices

Answer : Payables invoices

8
Which of the following is a type of prepayment
a. Fixed
b. Scheduled
c. Recurring
d. Permanent

Answer : Permanent

9
Which of the following is not a adjustment status
a. Approved
b. Confirmed
c. Research Required
d. Pending Approval

Answer : Confirmed

10
Which of the following is not a payment method
a. Check
b. DD
c. Clearing
d. Wire

Answer : DD

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