Free Oracle 1Z0-216 Exam Dumps Questions & Answers

Identify two reasons why ABC Company would use Oracle Business Intelligence (BIS) as one of their reporting tools. (Choose two.)

• A.Perform ad hoc query, reporting, analysis, and Web publishing.
• B.Provide a secured and centralized location to produce and manage point-in-time reports.
• C.Monitor the business at a high level and obtain performance measures by using business metrics.
• D.Create consolidated reports and perform consolidation for companies that share the same ledger.
• E.Executive-level information about earnings per share and current ratios can be obtained.

Which three statements are true about data conversion rules? (Choose three.)

• A.Chart of account conversion is required if the primary ledger and secondary ledger have the same chart of accounts structure.
• B.The General Ledger Posting program uses the rules to determine which journals to automatically transfer to the secondary ledger during posting.
• C.Journal conversion rules are applied to select the journals for transfer to the secondary ledger based on journal batches.
• D.For calendar conversion, the journal effective date determines the correspondingnonadjusting period in the secondary ledger.
• E.Currency conversion rules are required for consolidating primary and secondary ledgers only when their currencies are different.

Tina is entering a receipt and she determines that a short payment on a customer's invoice should be considered an invoice deduction. Tina applies the cash to the customer's open invoice, thereby triggering receivables to create a claim in Trade Management. After Tina saves her work, Receivables _____.

• A.Fully applies customer invoice, thereby creating a chargeback for the remaining invoice Balance
• B.Fully applies customer invoice, thereby creating a debit memo for the remaining invoice balance
• C.Partially applies balance to customer invoice and places the remaining invoice balance in dispute
• D.Partially applies balance to customer invoice and places the full invoice amount in dispute

Which are the three formats in which late charges can be presented to your customers? (Choose three.)

• A.Adjustment
• B.Interest invoice
• C.Add-on fees
• D.Credit memo
• E.Chargeback
• F.Debit memo

Choose the maximum number of secondary ledgers that can be assigned to a primary ledger.

• A.One per primary ledger
• B.Unlimited
• C.Two per primary ledger
• D.One per primary ledger with a reporting currency