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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. The Receipt Remittances Region on the Receivable Balances Work Area has tabs containing Information on receipts. What are two tabs in the Receipt Remittance Region?

A) Pending Approval
B) Pending Clearance
C) On Account Receipts
D) Unapplied Receipts
E) Pending Confirmation

2. Select the true statement about Balance Forward Billing.

A) Balance Forward Bills tan be created for a future date.
B) Balance Forward Bill of a previous cycle need NOT be generated as Final to generate the balance Forward Bill of the current cycle.
C) Transactions included on a Balance Forward Bill can be updated.
D) Balance Forward Bill must be enabled at each bill-to site level.

3. Where are the alerts and approvals displayed in the Collection Work Area?

A) Delinquent Customer List Region
B) Activities List
C) Notification Pop-up
D) Watch list

4. The interactive Receivables to General ledger Reconciliation Report allows reconciliation.

A) only by specific organization
B) by ledger, specific organization, OR account balancing segment
C) only by account balancing segment
D) only by ledger

5. The Billing manager has navigated to the Billing Work Area to complete a transaction. The Incomplete transactions Overview Region on the Billing Work Area page has a drilldown option through which column to complete the transaction?

A) Transaction Number
B) Transaction Class
C) Transaction Date
D) transaction Source

Solutions: