Oracle Apps Finance Testing | Questions and Answers

Oracle Apps Finance Testing | Mock Test

1
Autolock Box is the receipt method of
a. Manual
b. Quick Cash
c. Automatic
d. All the above

Answer : Quick Cash

2
Calendar is used to define
a. Chart of account
b. Currency
c. accounting year
d. All of the above
Answer : accounting year

3
Depreciation is basically
a. Expense
b. Gross
c. Loss
d. Profit
Answer : Expense

4
Expense items are normally accrued
a. Online
b. Period end
c. On receipt
d. Time bound
Answer : Period end

5
Identify the Receivable activity type where your unable to select the tac rate code source option of invoice
a. adjustment
b. earned discount
c. unearned discount
d. miscellaneous cash
Answer : miscellaneous cash

6
Importing the Invoice Information from external source is called as
a. Auto Invoice
b. Auto lockbox
c. Application Rule
d. Autocash Rule
Answer : Auto Invoice

7
Oracle Receivables Integrates with
a. Cash Management
b. E Business Tax
c. Payments
d. All the above
Answer : All the above

8
Oracle TCA stands for
a. Trading Customer Account
b. Trading Community Architecture
c. Trading Cutomer Architecture
d. Telecom Customer Account
Answer : Trading Community Architecture

9
Receipts can be entered the following method
a. Manual
b. Quick Cash
c. Automatic
d. All the above
Answer : All the above

10
Receivables Transactions can be created
a. Manually
b. Imported
c. Both
d. Only Manually
Answer : Both