1.

Your organization has decided to use the automatic reconciliation feature to reconcile bank statement
lines with system transactions. Which three components will be useful for the automatic reconciliation
of bank statements with system transactions?

• Parse Rule Set

• Matching Rules

• Transfer Rules

• Tolerance Rules

• Transaction Grouping Rules

2.Which four statements are true about an effective subledger period close?

• Fixed Assets must be closed before Payables.

• Projects must be closed before Fixed Assets.

• Payable must be closed before Projects.

•Fixed Assets must be closed before Receivables.

•Payable must be closed before closing Fixed Assets.

3.Robert works as an Asset Accountant for Glenn Systems and tracks the transactions that require
attention by using the Additions infotile in the Assets work area. Which three statuses can he track by
using this infotile?

• Exceptions

• Ready to Post

• Ready to Transfer

• Incomplete

• Merged

Sensitivity
: Internal
4.Your manager has requested you to evaluate the attributes based on which the scoring is calculated in
the collections business process. Which three attributes would you suggest to your manager?

• Number of Unapplied Receipts

• Number of Delinquencies

• Due Invoices

• Number of Unidentified Receipts

• Delinquency Amount

5.Which three can be captured on an Invoice Header while recording a supplier invoice in the Payables
application?

• invoice amount

• distribution combination

• supplier details

• integration details with other applications

• invoice number

7.Easy Solutions INC has decided to set up a meals expense policy and you have been given the
responsibility to define the policy. Identify the correct sequence of steps that should be performed to
define the meals expense policy.

• Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy >
Associating the Meals Expense Policy with an Expenditure Type

• Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet >
Associating the Meals Expense Policy with an Expense Type

• Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet >
Associating the Meals Expense Policy with an Expense Type

• Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a
Meals Policy > Associating the Meals Expense Policy with an Expense Type

8.One of the internal auditors in your organization is reviewing subledger journals and want more details
about the rules that were used to generate these journals. What would you use to review these rules?

• the Analyze Journal Entry page

• Account Monitor

Sensitivity
: Internal
• the Account Override page

• the Create Journals page

9.Glenn Systems has decided to enable the Additional Duplicate Invoice Check feature. Which three
additional attributes are considered for duplicate invoice check when this feature is enabled?

1. Invoice Type

2. Invoice Date

3. Supplier Tax Registration Number

.4. Supplier Location

5. Invoice Amount

10.Your organization follows the integrated invoice imaging solution to scan and process supplier
invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice
image that has invalid or missing data. In which status can these invoices be found?

1. Validated

2. Incomplete

3. Not Validated

4. Needs Revalidation

11.Which three attributes can be used as selection criteria when submitting a payment process request?

1. Pay Through Date

2. Invoice Type

3. Payment Terms

4. Supplier Type

5. Pay Groups

12.Collector Jim Jones is working on a delinquent customer account and he has created some action
items to follow up with this customer, including making a phone call and a personal visit. On which
infotile can he find these action items?

1. Promises

Sensitivity
: Internal
2. Strategy Tasks

3. Delinquent

4. Activities

13.Which two statements are true about creating case folders within the Customer Statement to
Collections business process?

1. Billing transactions can belong to multiple case folders.

2. Billing transactions must be of the same currency.

3. Billing transactions can be of multiple currencies.

4. Billing transactions must belong to the same bill-to customer.

14.Your organization has decided to use the Balance Forward Billing feature to consolidate multiple
invoices into a single bill and you have been asked to configure this feature. What is the recommended
order of steps that needs to be followed to complete your configuration?

1. Define BFB Billing Cycle > Define BFB Payment Terms > Enable BFB in the Customer Profile > Attach
BFB Payment Terms to Customer

2. Define BFB Payment Terms > Attach BFB Payment Terms to Customer > Enable BFB in the Customer
Profile > Define BFB Billing Cycle

3. Enable BFB in the Customer Profile > Define BFB Payment Terms > Define BFB Billing Cycle > Attach
BFB Payment Terms to Customer

4. Define BFB Payment Terms > Define BFB Billing Cycle > Enable BFB in the Customer Profile > Attach
BFB Payment Terms to Customer

15.Sharon is working as a collections manager and he is interested in performing an analysis based on

the difference between the date of settlement and the due date of payment of invoice. Which key
performance indicator will help him to review this information?

1. Average Days Delinquent

2. Days Sales Outstanding

3. Percent Current

4. Collector Effective Index

5. Promise to Pay

Sensitivity
: Internal
16.Which three preferred delivery methods can you choose to send statements to your customers while
defining customer profile classes?

1. WhatsApp

2. Print

3. SMS

4. Email

5. Fax

17.Cash Management provides you the flexibility to create external transactions. Which two types of
transactions can be categorized as external?

1. bank interest

2. penalty for delayed supplier payments

3. late charges on delayed customer payments

4. bank charges

18.Your organization has decided to use specific business days for which the transactions should be
considered in the cash positioning report. Which calendar would you assign to achieve this requirement
on the Specify Cash Positioning and Forecast Options page?

1. Default Accounting Calendar

2. Default Transaction Calendar

3. Default Prorate Calendar

4. Default Source Calendar

19.John is working as a Cash Manager for Glenn Systems and regularly uses the Unreconciled infolet to
review the unreconciled Bank Statement Lines and System Transactions. He is not able to find the details
of some transactions on this infolet because there is a limitation for the number of days for which the
data appears on this infolet. Identify the number of days for which data appears on this infolet.

1. last 55 days

2. last 50 days

Sensitivity
: Internal
3. last 65 days

4. last 45 days

20.John works as a Cash Manager in Glenn Systems and he wants to create the Cash Positioning report
by using the predefined system transactions as sources. Identify three predefined sources that John can
choose to create this report.

1. AP Payments

2. Purchase Requisitions

3. Purchase Orders

4. AP Invoices

5. AR Invoices

21.Your organization has decided to apply late charges against overdue customer transactions as well as
delayed payments. Your manager has requested you to evaluate the various methods that can be used
to calculate late charges. Which three are valid options for calculating late charges?

1. Overdue Transactions and Late Payments

2. Average Quarterly Balance

3. Late Payments Only

4. Fortnightly Balance

5. Overdue Transactions Only

22.Invoice Number TRS11212 for USD 10000 was recorded for the customer Easy Solutions and it
became due last week. The customer had made a payment for USD 8000 on the due date and requested
for an additional 7 days' time to pay the remaining amount. You have decided to close the original
invoice and create another debit item for the remaining amount of USD 2000. Which type of transaction
would you create to record the debit item for USD 2000?

1. Debit Memo

2. Invoice

3. Write Off

4. Chargeback

Sensitivity
: Internal
23.Your organization has decided to automate the entry of cash receipts by using a method where the
customer goes and deposits the money directly into your bank account for the due invoices and the
banker provides a data file to you. Which method can your organization implement to achieve this?

1. Spreadsheet

2. Lockbox

3. Toolbox

4. Automatic Receipts

24.Which three Cash Management infolets do you find in the Analytics section of the home page?

1. Project Interest Amount

2. Missing Statements

3. Cash Balance

4. External Transactions

5. Unreconciled

25.Glenn Systems has decided to create accounting for payments at the time of issuing, as well as at the
time of clearing the payments. Which accounting entry will be generated by the system when the
payment gets reconciled with a bank statement line?

1. Debit Cash Clearing Account Credit-Cash Account

2. Debit -AP Liability Credit-Cash Clearing Account

3. Debit-AP Liability Credit-Cash Account

4. Debit-Expense Credit-Cash Account

26.Which two statements are true about Oracle Expenses Cloud integration with travel partners?

1. Oracle Expenses Cloud supports direct integration only with TripActions.

2. Oracle Expenses Cloud supports direct integration only with Concur.

3. Oracle Expenses Cloud supports integration with other partners through Rest APIs.

4. Oracle Expenses Cloud supports direct integration only with GetThere.

Sensitivity
: Internal
27.Glenn Systems wants to deploy automatic controls to spot unusual or inappropriate expenses based
on audit percentage, policy violations, specific keywords, and individuals with specific status. Which
configuration will help them achieve this?

1. Expense Report Receipt and Notification Rules

2. Expense Audit List Rules

3. Expense Report Audit Rules by Expense Templates and Types

4. Expense Report Audit Selection Rules

28.Which four factors are responsible for calculating taxes on Receivables transactions?

1. Parties

2. Programs

3. Products

4. Plans

5. Places

6. Processes

29.Which tool do you use to preview the workings of your tax configuration before you perform tax
calculations on live transactions in a subledger application?

1. Tax Simulator

2. Tax Tester

3. Tax Manager

4. Tax Estimator

30.Glenn Systems runs an advertising campaign on a monthly basis for which the expenses are incurred
by the Head Office. They have a requirement to distribute the advertising expenses by each line of
business at the end of a period. Which tool can they use to automate the distribution at the end of a
period?

1. Calculation Manager

2. BI Publisher

3. Account Group

Sensitivity
: Internal
4. Close Monitor

31.Ganesh works for Glenn Systems as a General Accountant and he has a requirement to create
periodic allocations at the end of the month to distribute welfare expenses. The allocations will be based
on headcounts in each department. In which currency should the journal entry be created to load the
headcounts?

1. Reporting Currency

2. Foreign Currency

3. Statistical Currency

4. Ledger Currency

32.Ganesh is trying to import a journal from an external system and he has encountered an error. Which
are three reasons for the error?

1. Accounting Date is in an Open Period.

2. Accounting Date is in a Future Period.

3. Accounting Date is in a Closed Period.

4. Journal Source for the external system has not been defined.

5. Accounting Period is Closed.

33.Glenn Systems has decided to use the batch scheduler functionality to automatically distribute the
Budget Vs Actual analysis reports via emails. Which feature of batch scheduler can they use to achieve
this?

1. Break Out

2. Bursting

3. Explode

4. Distribute

34.Which four statements are true about creating assets from Payable Invoice lines by using the Create
Mass Additions process?

1. The "Track as Asset" check box must be selected for the invoice distribution lines.

2. Payable Invoice must be transferred to General Ledger.

3. Invoice Lines must be charged to a Revenue Account.

Sensitivity
: Internal
4. Invoice Lines must be charged to an Asset Account.

5. Payable Invoice must be validated and accounted.

35.Glenn Systems owns a luxury car and they want to restrict the amount of depreciation that should be
charged to this asset in a particular period. Which two types of depreciation ceiling can they use to
achieve this?

1. Depreciation Rate Ceiling

2. Depreciation Period Ceiling

3. Depreciation Cost Ceiling

4. Depreciation Expense Ceiling

36.Which accounting engine is used to define the rules that help in generating the accounting entries for
transactions such as supplier invoices and payments or customer invoices and receipts?

1. General Ledger

2. Business Intelligence

3. Essbase Cube

4. Subledger Accounting (SLA)

37.Your organization is exploring solutions that enable their employees to submit expenses by using opt
such as SMS or Microsoft Teams. Which technology will help your organization achieve this?

1. Digital Assistant

2. Blockchain

3. IOT

4. Adaptive Intelligence

38.Which technology helps in calculating and recommending discounts for single payments in Oracle
Payments?

1. Internet of Things

2. Machine Learning

3. Adaptive Intelligence

4. Digital Assistant

Sensitivity
: Internal
39.Robert works as a General Accountant for Glenn Systems and he has a requirement to inquire and
analyze the GL Account balances on a regular basis. Which tool can he use to inquire and analyze the GL
Account balances online?

1. Balance Inspector

2. Account Tracker

3. Balance Tracker

4. Account Inspector

40.Easy Solutions INC has operations in the USA, UK, and Germany. USA is the parent entity and it has
two subsidiary entities in UK and Germany. USA and UK entities are sharing the same chart of accounts
and calendar, whereas the Germany entity has a different chart of account and calendar due to some
statutory requirements. Which consolidation method would you recommend to consolidate the
financials balances of the Germany entity with the parent entity in the USA?

1. Calculation Manager Consolidation

2. Oracle Hyperion Financial Management Consolidation

3. Balance Transfer Consolidation

4. Reporting only Consolidation

41.Which two statements are true about running the financial statements that are designed using
Financial Reporting Web Studio?

1. Financial statements can be generated using different hierarchies to represent the data from different
perspectives.

2. Business users can easily slice and dice the data across dimensions, and drill up, down, and sideways
at any parent level.

3. Financial statements are generated using the data directly from the transactional tables.

4. Financial statements can be generated only in HTML format.

Sensitivity
: Internal
42.Your organization has hired Steven Johns who will be responsible for analyzing the financial
performance and providing feedback for better decision making. Which job role will help Steven Johns
to perform his job in the organization?

1. General Accounting Manager

2. Cash Manager

3. Financial Analyst

4. General Accountant

43.Your organization has a requirement to ensure that the expense reports are reviewed on a regular
basis to comply with its reimbursement policies. Which job role would you recommend for a person who
is authorized to review and identify the compliance issues with the submitted expense reports?

1. Expense Manager

2. Expense Auditor

3. Procurement Agent

4. Accounts Payables Specialist

44.Your organization has recently made changes to one of the accounting rules to comply with the new
accounting requirement. In which mode will you generate the accounting to verify that the changes
made to the rule are producing the desired accounting entries before generating the final accounting?

1. Interim

2. Provisional

3. Temporary

4. Draft

Sensitivity
: Internal
45.Your manager is about to schedule the create accounting job to generate accounting entries on a
periodic basis. Process Category is one of the parameters that could be optionally selected while
submitting this job and your manager wants to know its relevance. What will be your response?

1. Process Category helps you to restrict the ledger for which the accounting entries can be generated.

2. Process Category helps you to restrict the events selected for accounting and it is useful for
segmenting events based on processing volumes.

3. Process Category helps you to restrict the subledger application for which the accounting entries can
be generated.

4. Process Category helps you to restrict the accounting mode as Draft or Final based on which the
accounting entries should be generated.

46.Which process involves the comparison of planned versus actual figures by designing reports with the
help of state-of-the-art reporting tools?

1. Invoice to Cash

2. Budget to Report

3. Accounting Transformation

4. Procure to Pay

47.Your organization wants to implement a process that helps in recording requisitions, buying goods or
services, and managing supplier invoices and payments. Which Financials business process would you
recommend to achieve this?

1. Invoice to Cash

2. Budget to Report

3. Asset to Retirement

4. Procure to Pay

Sensitivity
: Internal
47.Invoice Number S10231234 for USD 1000 was raised for the customer "Business World" on 1st
January 2022 with a payment term of 30 days. This invoice became due on 31st January 2022, but the
customer has not yet made the payment due to an unresolved dispute. Which subprocess in the Invoice
to Cash life cycle flow helps you to manage and resolve disputes for such type of delinquent invoices?

1. Customer Contract to Revenue

2. Bank Transaction to Position

3. Customer Statement to Collection

4. Customer Invoice to Receipt

Sensitivity
: Internal