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Updated: Sep 01, 2025
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Oracle EBS R12: General Ledger and Receivables Fundamentals Sample Questions:
1. XYZ Enterprises, a US-based export firm, has two offices in the US (East) and the US (West). They use their primary ledger for their US operations, and an additional ledger for management analysis and reporting. They use five segments for their accounting flexfield: company, department, account, product, and future. Select the minimum number of required flexfield qualifiers that they would be using for the accounting structure. (Choose three.)
A) Product segment
B) Natural account segment
C) Department segment
D) Balancing segment
E) Cost center segment
F) Management segment
G) Future segment
2. You need to verify that your system has enough resources to handle the volume of accounts that
would be generated by the summary account template. The template has been designed as
follows:
D-Region-D
The first segment is company, which has ten values.
The second segment is division, which is represented by the rollup group region.
It has six parent values. The last segment is account, which has 500 values.
How many summary accounts would be generated by the template?
A) 500
B) 3,000
C) 30,000
D) 5,000
E) 60
3. Your client has sales tax requirements that involve two types of sales tax. The first sales tax applies to all customers. The second sales tax is based on where the company ships the goods. All goods are taxable; however some customers who resell the goods are exempted from the second sales tax. Choose three applicable options to set up sales tax for your client. (Choose three.)
A) Tax group for the combination of the two tax classification codes
B) Customer tax exemptions for the second sales tax
C) Item exemptions for both sales taxes
D) Customer exemptions for the first sales tax
E) Tax classification code for exempt tax
4. When you assign a template to a rule in Bill Presentment Architecture, you enter a range of ___.
A) Transaction dates
B) Transaction types
C) Data sources
D) Customer accounts
5. You are setting up Receivable Accounting Events in Subledger Accounting. Identify the Event Entity.
A) Invoices
B) Chargebacks
C) Transactions
D) Guarantees
E) Deposits
Solutions:
| Question # 1 Answer: B,D,E | Question # 2 Answer: C | Question # 3 Answer: A,B,E | Question # 4 Answer: A | Question # 5 Answer: C |
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