Prepare with Oracle 1Z0-216 exam torrent, pass for sure
Updated: Jun 18, 2026
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Oracle EBS R12: General Ledger and Receivables Fundamentals Sample Questions:
1. Select three true statements about mapping rules. (Choose three.)
A) There are only two mapping rule actions consisting of copy value from and assign value from.
B) You can define a combination of segment values and account rules.
C) A rollup rule indicates to General Ledger what detail level of information to transfer and how to roll that information up to the parent.
D) Up to two rollup rules are possible.
E) Mapping sets enable you to transfer data from multiple subsidiaries simultaneously.
2. ABC Corporation is a national company with five divisions that share the same ledger. Select the statement that best describes the consolidation process for ABC Corporation.
A) Enter eliminating journals and run financial reports.
B) Run translations, transfer data, and run financial reports.
C) Run revaluation and translation, transfer data, and run financial reports.
D) Run revaluation, translation, and eliminations; then transfer data and run financial reports.
E) Transfer data and run financial reports.
3. Which four transaction types or activities are affected by the "AR : Disable Receivable Activity Balancing Segment" profile option? (Choose four.)
A) Invoices
B) Adjustments
C) Activity applications (such as receipt write-off, short-term debt, and claims investigation)
D) Credit memos
E) Late charges
F) Debit memos
G) Discounts (both earned and unearned)
4. Which are the three formats in which late charges can be presented to your customers? (Choose three.)
A) Adjustment
B) Chargeback
C) Add-on fees
D) Credit memo
E) Debit memo
F) Interest invoice
5. How many data source views can you register for the Lines data source in Bill Presentment Architecture?
A) Nine
B) Five
C) One
D) Seven
Solutions:
| Question # 1 Answer: B,C,E | Question # 2 Answer: A | Question # 3 Answer: B,C,E,G | Question # 4 Answer: A,E,F | Question # 5 Answer: C |
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