Download Oracle : 1Z0-215 Questions & Answers as PDF & Test Software
Updated: May 30, 2026
No. of Questions: 267 Questions & Answers with Testing Engine
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Oracle EBS R12: General Ledger and Payables Fundamentals Sample Questions:
1. Identify the conditions that must exist before you can apply an advance against an expense report.
A) The prepayment type is permanent, has been validated, and not canceled.
B) The prepayment type is temporary and has not been fully applied.
C) The prepayment type is temporary and has been fully applied.
D) The prepayment type is permanent and no active holds exist for the prepayment.
2. Identify three benefits of using the Journals Import: Group By Effective Date profile option. (Choose three.)
A) facilitates more transparent exchange rate conversions
B) facilitates financial auditing and compliance with the newSabanes-Oxley Act
C) accounts for business transactions by effective date or by accounting date
D) facilitates consolidation
E) makes daily updates to daily business intelligence
3. Subledger Accounting is a rule-based accounting engine that centralizes accounting for Oracle E-Business Suite Release 12 products. Select the Oracle application that is NOT a Subledger Accounting module.
A) Payables
B) Receivables
C) Purchasing
D) General Ledger
E) Assets
4. When you validate an invoice in Payables, E-Business Tax automatically performs four tasks. (Choose four.)
A) places tax-related holds on the invoice
B) creates distributions
C) allocates tax amounts
D) recalculates tax lines
E) updates imported invoices into Payables
5. Identify three Payables system setup options. (Choose three.)
A) bill-to location
B) allow void and reissue
C) application accounting definitions
D) create interest invoice
E) alwaystake discount
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,C,E | Question # 3 Answer: D | Question # 4 Answer: A,B,C,D | Question # 5 Answer: B,D,E |
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