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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. You have created an Invoice with an incorrect unit price. You need to perform the Rebill task from the Manage Transactions user interface to enter the correct transaction. Which two actions does the Manage Transactions user interface allow you to perform for the Rebill task?

A) Correct the unit price.
B) Reverse the Transaction.
C) Duplicate the original transaction.
D) Create a credit memo.
E) Incomplete the transaction.

2. Oracle has seeded out of the box printing templates defined for each transaction class. How many pre-seeded templates are available?

A) 5
B) 4
C) 8
D) 6

3. Which three ways will changing the customer information impart the collection process?

A) Business unit level changes will NOT Impact the display of delinquent customers on the dashboard.
B) Making changes In the Profile tab Impacts the collection process.
C) Adding or modifying the customer contact name in the Contacts tab impacts where the correspondence is sent.
D) Changing the Collector impacts the individual working with the delinquent customer.
E) Changing Information in the Profile Tab does NOT have an impact on the level in which the collections are done.

4. The common subledger period close management UI allows the user to__________.

A) Transfer unbalanced entries to the general ledger.
B) Bill and automate customer payments for adjustment approval processing
C) Manage the accounting period status.
D) Access all subledgers.
E) Balance the entries after they are transferred to the general ledger .

5. The collections Manager runs the Determine Delinquency Using Scoring program to identify delinquent transitions. She wants to know the status of a particular transaction. On which tab she will find the status.

A) Transaction Details tab
B) Transaction aging tab
C) Customer Aging tab
D) Transactions tab

Solutions: