Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:
1. Which two preference definitions determines the default values during the collection process?
A) Default aging method
B) Display of open transactions
C) Preference set
D) Default contact for unknown dunning recipients
E) Default exchange rate
2. The Accounts Receivable Specialist associated duty include which three duties?
A) Import Payables invoices Duty
B) Receipt Creation Duty
C) Receivables Accounting Duty
D) Trading Community Hierarchy Management Duty
E) Payment Settlement Management Duty
3. You are the Billing Manager and you are in charge of reviewing transactions and approving them. Which two tabs are available for your role in the Adjustments Overview Region on the Billing Work Area page?
A) Pending Approval from Others
B) Pending Approval
C) Approved
D) Pending Research
E) Pending My Approval
4. A grouping rule you created in the system specifies that the Items should match all mandatory and optional attributes. What logic is used to create the invoices from the transaction file through Autoinvoicing?
Item A: USD (Currency), ACME (Bill-to). 5001 (Order Number), Domestic (Order Type), 1 (Transaction Number)
Item B: USD (Currency), ACME (Bill to), 5002(Order Number), Domestic (Order Type), 1 (Transaction Number)
Item C: USD (Currency), ACME (Bill to), 112 (Order Number), No Ship (Order Type), 2 Transaction Number)
Item D: USD (Currency), BONN (Bill to), 501 (Order Number), International (Order Type), 3 (Transaction Number)
A) Items A and B from Invoice 1, Items C and D from Invoice 2
B) Item A from Invoice 1, Item B from Invoice 2, Items C and D from Invoice 3
C) Items A and B from Invoice 1, Item C from Invoice 2, Hem D from Invoice 3
D) Item A from Invoice 1, Item B from Invoice 2, Item C from Invoice 3, Item D from Invoice 4
5. Select three values that default from Customer Profile Classes.
A) Legal Entity
B) Currency
C) Business Purpose
D) Payment Terms
E) Statement Cycle
Solutions:
| Question # 1 Answer: D,E | Question # 2 Answer: B,C,E | Question # 3 Answer: D,E | Question # 4 Answer: C | Question # 5 Answer: B,D,E |














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