Free Oracle 1Z0-215 Exam Dumps Questions & Answers

ABC Systems is headquartered in Toronto with a branch in New Delhi. The Toronto office uses a weekly calendar, whereas the New Delhi office uses a monthly calendar. The GL journals of New Delhi must be reflected in Toronto's books. What conversion method would you use?

• A.  Use adjustment-level secondary ledger conversion.
• B.  Usesubledger-level secondary ledger conversion.
• C.  Use journal-level secondary ledger conversion.
• D.  Use bothsubledger-level and adjustment-level secondary ledger conversion.

Identify the report that is used to reconcile the Accounts Payable liability balance at period end.

• A.  Payables Posted Payment Register
• B.  Accounts Payable Trial Balance
• C.  Accrual Write-Off Report
• D.  Uninvoiced Receipts Report
• E.  Matched and Modified Receipts Report
• F.  Payables Posted Invoice Register

Which statement is correct about the differences between the functionalities of parent accounts and summary accounts?

• A.  Summary accounts use the summing segment type forMassAllocations, whereas parent accounts use the looping segment type.
• B.  Summary accounts slow down the generation of Financial Statement Generators, whereas parent accounts help generate quicker results.
• C.  Summary account balances can be viewed in the Account Inquiry form, whereas parent account balances cannot be viewed in that form.
• D.  Summary accounts cannot be used in budget formulas, whereas parent accounts can be used in budget formulas.
• E.  Summary accounts speed up the posting process, whereas parent accounts require additional time for the Posting process.

Identify three Oracle E-Business Suite Release 12 applications that both integrate with Payables and provide Payables-related accounting information to Oracle Subledger Accounting. (Choose three.)

• A.  Oracle Leasing
• B.  Oracle Procurement
• C.  Oracle Receivables
• D.  Oracle Inventory
• E.  Oracle Assets

Select three invoice types that can be entered ONLY in the Invoice Workbench, and CANNOT be entered via the Invoice Gateway. (Choose three.)

• A.  debit memos
• B.  credit memos
• C.  PO standard invoice
• D.  PO default invoice
• E.  prepayments