Free Oracle 1Z0-215 Exam Dumps Questions & Answers


Exam Code/Number:	1Z0-215Join the discussion
Exam Name:	Oracle EBS R12: General Ledger and Payables Fundamentals
Certification:	Oracle
Free Question Number:	267
Publish Date:	Sep 24, 2026
# of views:	2921
Rating 100%

Page: 1 / 54
Total 267 questions

Question 1

What is a benefit of the secondary tracking segment?

A.More details are provided to retained earnings, cumulative translation adjustments, and revaluation gains/losses accounts.
B.The Management segment is enabled automatically when the secondary segment is defined.
C.Additional security ensures that correct accounts are selected while entering transactions.

Question 2

The client's GL accountant comes to you with a problem. A journal cannot be posted because it has not been approved. The preparer cannot submit the journal for approval because the Approve button is disabled in the Enter Journals form and the supervisor has not received a notification requesting the approval. What could be the possible cause for this problem?

A.Authorization limits have not been defined properly and the GL period is closed.
B.One of the GL account code combinations in the journal is invalid.
C.Budgetary control has been enabled for the set of books and funds have not been reserved for the journal.
D.The profile option GL: Allow Preparer Approval must be reset.

Question 3

Oracle Payments is the central payment engine for Oracle E-Business Suite Release 12. Identify three modules that integrate with Oracle Payments. (Choose three.)

A.Assets
B.Payables
C.Order Management
D.Receivables
E.Cash Management

Question 4

Which two statements are true about the reporting currency in Oracle General Ledger? (Choose two.)

A.Reporting currencies cannot have the same chart of accounts, accounting method, and ledger processing options.
B.It replaces multiple reporting currencies.
C.Reporting currencies are the same as secondary ledgers.
D.It is an integrated extension of a ledger.

Question 5

Identify three statements that are true about E-Business Tax and Payables. (Choose three.)

A.Payablesintegrates with E-Business Tax to automatically determine and calculate the applicable tax lines for the invoices.
B.With E-Business Tax, you can account for recoverable taxes at the time and to the extent of payment in Payables.
C.In E-Business Tax, tax calculations are based on supplier's site defaults.
D.Payablesis not integrated with E-Business Tax to provide tax services for invoices.
E.In E-Business Tax, there is one repository with detailed and fully allocated tax lines.