Free demo before buying

We are so proud of high quality of our 1Z0-216 exam simulation: Oracle EBS R12: General Ledger and Receivables Fundamentals, and we would like to invite you to have a try, so please feel free to download the free demo in the website, we firmly believe that you will be attracted by the useful contents in our 1Z0-216 study guide materials. There are all essences for the IT exam in our Oracle EBS R12: General Ledger and Receivables Fundamentals exam questions, which can definitely help you to passed the IT exam and get the IT certification easily.

No help, full refund

Our company is committed to help all of our customers to pass Oracle 1Z0-216 as well as obtaining the IT certification successfully, but if you fail exam unfortunately, we will promise you full refund on condition that you show your failed report card to us. In the matter of fact, from the feedbacks of our customers the pass rate has reached 98% to 100%, so you really don't need to worry about that. Our 1Z0-216 exam simulation: Oracle EBS R12: General Ledger and Receivables Fundamentals sell well in many countries and enjoy high reputation in the world market, so you have every reason to believe that our 1Z0-216 study guide materials will help you a lot.

We believe that you can tell from our attitudes towards full refund that how confident we are about our products. Therefore, there will be no risk of your property for you to choose our 1Z0-216 exam simulation: Oracle EBS R12: General Ledger and Receivables Fundamentals, and our company will definitely guarantee your success as long as you practice all of the questions in our 1Z0-216 study guide materials. Facts speak louder than words, our exam preparations are really worth of your attention, you might as well have a try.

After purchase, Instant Download: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

Under the situation of economic globalization, it is no denying that the competition among all kinds of industries have become increasingly intensified (1Z0-216 exam simulation: Oracle EBS R12: General Ledger and Receivables Fundamentals), especially the IT industry, there are more and more IT workers all over the world, and the professional knowledge of IT industry is changing with each passing day. Under the circumstances, it is really necessary for you to take part in the Oracle 1Z0-216 exam and try your best to get the IT certification, but there are only a few study materials for the IT exam, which makes the exam much harder for IT workers. Now, here comes the good news for you. Our company has committed to compile the 1Z0-216 study guide materials for IT workers during the 10 years, and we have achieved a lot, we are happy to share our fruits with you in here.

Convenience for reading and printing

In our website, there are three versions of 1Z0-216 exam simulation: Oracle EBS R12: General Ledger and Receivables Fundamentals for you to choose from namely, PDF Version, PC version and APP version, you can choose to download any one of 1Z0-216 study guide materials as you like. Just as you know, the PDF version is convenient for you to read and print, since all of the useful study resources for IT exam are included in our Oracle EBS R12: General Ledger and Receivables Fundamentals exam preparation, we ensure that you can pass the IT exam and get the IT certification successfully with the help of our 1Z0-216 practice questions.

Oracle EBS R12: General Ledger and Receivables Fundamentals Sample Questions:

1. After creating two new customers, ABC and XYZ, you create and complete an invoice for $105 ($100 plus $5 tax) for customer ABC.You print the invoice and realize that you should have created the invoice for customer XYZ and not for customer ABC. The accounting for the transaction is posted to the General Ledger (GL). Which is the best option to correct the situation?

A) Change the status of the invoice to incomplete. Change the transaction type of the invoice to a transaction type that has class equal to credit memo. Complete the invoice. Enter and complete the invoice for XYZ.
B) Create an adjustment to the invoice for the entire amount, and then create a negative adjustment to the account of XYZ.
C) Create an on-account credit memo for $105 for ABC. Apply the on-account credit memo to the invoice. Enter and complete the invoice for XYZ.
D) From the Navigator, select Transactions > Credit Transactions. The Credit Transactions form is displayed; choose your transaction. Click the Credit Balance button, save your work, and then click the Complete button. Enter and complete the invoice for XYZ.

2. Which three activities would use summary accounts? (Choose three.)

A) Formulating a budget for employee benefits in each company based on the total of all budgeted employee salaries
B) Allocating the total monthly costs of the Information Services department to other departments
C) Estimating a sales commission accrual based on the total of all product sales for each division
D) Creating a monthly recurring standard journal entry to amortize goodwill

3. Identify a correct statement about profile classes.

A) Profile classes can be assigned to party, customer account, and account site levels.
B) Profile classes can be assigned at the site level if the site has active bill-to and ship-to address purposes.
C) Profile classes include credit check, credit collector, payment term, statement cycle, and statement-to address.
D) Credit checking is managed in Receivables and Credit Management.
E) Late charge type includes adjustment, debit memo, and interest invoice.

4. Select two ways in which you can complete an invoice. (Choose two.)

A) Ask the technical developer to run a custom PL/SQL program to update all tables.
B) Use the Complete button in the Transactions window.
C) Select the complete check box in the Transactions window.
D) Run the concurrent program Complete Transactions.
E) Select the complete check box in the Transactions Summary window.
F) Use the Complete button in the Transactions Summary window.

5. Which three statements are true about accounting rules? (Choose three.)

A) Accounting rules enable you to defer revenue.
B) Accounting rules enable you to define the number of periods and percentage of total revenue that you can record in each accounting period.
C) Accounting rules enable you to define the number of periods and amount of invoice that you can bill your customer in each accounting period.
D) Accounting rules enable you to define fixed and variable rules to recognize revenue.

Solutions: