Test on Order Management and Receivables

Total Question 15

Time 15 Minutes

Please select your answer by making Bold ex: a) xxxxxxx or b) xxxxxxx

1.One of the following is important before your define Customer

a) Customer address
b) Customer phone no
c) Customer city
d) Customer Profile Class

2.You can basically define following types of customer in OM

a) Standard Customer
b) Quick Customer
c) New Customer
d) Standard & Quick Customer

3.OM module is tightly integrated with following module

a) Oracle Projects
b) Oracle Receivables
c) Oracle Payables
d) Oracle HRMS

4.Following is not UOM

a) Meter
b) Square Foot
c) Liter
d) Water

5.What types of Tax are levied in Order to Cash cycle?

a) Income Tax
b) Sales Tax
c) Professional Tax
d) None of above
6.In OM you can maintain following
a) Sales Order
b) Sales Returns
c) Sales Cycles
d) Sales Order and Sales Returns

7.Following is one of the Phases of Order to Cash Cycle

a) Requisition
b) Quotation
c) Pick Release
d) Purchase Order

8.For Ship confirm following is the prerequisite

a) Quote analysis
b) RFQ
c) Pick Release
d) Return Order

9.How many Transactions Types are available in Receivables

a) Invoice, Debit Memo, Credit Memo
b) Invoice, Debit Memo
c) Invoice, Credit Memo
d) Invoice, Debit Memo, Credit Memo, Deposit, Guarantee, Charge back

10.Following is for sales

a) Raw-Material
b) Finished Goods
c) Work in Process
d) Store and Spares

11.Mode of Receipt in receivables can be as follow

a) Cash
b) Check
c) Cash, Check, Wire, EFT
d) None
12.To maintain receipts one of the following is important
a) Cut-off Day
b) Payment Terms
c) Effective Date
d) Customer Code

13.To enter and book Sales Order following is required

a) Quotation from the Customer
b) RFQ from the Customer
c) Purchase Order from the Customer
d) None

14.In Oracle application you can define customers as follows

a) Only Internal
b) Only External
c) Internal and External
d) None

15.Explain various phases in Order to Cash Cycle in detail

Answer: