Infosys Certified Oracle EBS Account Receivables Consultant
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Join Premium10 Infosys Certified Oracle EBS Account Receivables Consultant practice questions with answers
Real Lex exam-pattern multiple-choice questions for the Infosys Certified Oracle EBS Account Receivables Consultant certification. Each question includes the correct answer. The full question bank is available to Premium members.
- Question 1
Allow Dynamic Inserts' option is enabled in:
- ✓ Profile Options Correct
- B System Options
- C Key FF segments window
- D None of the above.
- Question 2
User can allocate expenses, liabilities, assets, revenues with the help of which function?
- ✓ Distribution Set Correct
- B Mass Addition
- C Mass Allocation
- D None of the above.
- Question 3
Recurring Journals are defined after such journal entries are generated.
- ✓ TRUE Correct
- B FALSE
- Question 4
Which segments are mandatorily required?
- ✓ Cost Center, Natural Account & Intercompany Correct
- B Natural Accounting & Balancing
- C Balancing & Cost Center
- D Secondary Tracking, Balancing & Natural Accounting
- Question 5
In General Ledger, how many period types are there?
- ✓ 2 Correct
- B 4
- C 3
- D 5
- Question 6
Transaction calendar is used to ensure that transactions are posted only to valid business days.
- ✓ TRUE Correct
- B FALSE
- Question 7
Can journals be reversed automatically?
- ✓ Yes Correct
- B No
- Question 8
Assuming that you have not enabled the suspense a/c, what will happen if debit and credit total of a journal does not match?
- ✓ Unbalanced Journal will get posted. Correct
- B Suspense a/c will be added before posting.
- C Posting will raise an error.
- D This situation can never occur, as defining suspense account is mandatory step.
- Question 9
Which of the following is NOT a prerequisite for entering a Set of Books?
- ✓ Chart of Accounts Correct
- B Budgetary Control Group
- C Accounting Calendar
- D Functional Currency
- Question 10
What is the very first step in setting up Oracle General Ledger?
- ✓ Set of Books Correct
- B Chart of Accounts
- C Suspense Account
- D Security Rules
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