Last Updated: Aug 03, 2026
No. of Questions: 48 Questions & Answers with Testing Engine
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| Section | Objectives |
|---|---|
| Accounts Receivable | - Billing and Invoicing - Receipts and Collections - Customer Management |
| General Ledger | - Journal Processing - Chart of Accounts and Ledger Configuration - Financial Reporting Basics |
| Cash Management | - Bank Reconciliation - Bank Account Setup |
| Fixed Assets | - Depreciation Processing - Asset Creation and Management |
| Accounts Payable | - Invoice Processing - Payment Processing - Supplier Management |
| Oracle Financials Cloud Overview |
1. 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? (Choose the best Answer.)
A) digital Assistant
B) IOT
C) Adaptive Intelligence
D) Blockchain
2. 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 are a. Which three statuses can he track by using this infotile? (Choose three.)
A) Incomplete
B) Ready to Transfer
C) Merged
D) Ready to Post
E) Exceptions
3. 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.? (Choose the best Answer.)
A) last 50 days
B) last 55 days
C) last 65 days
D) last 45 days
4. 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 vis-it. On which infotile can he find these action items? (Choose the best Answer.)
A) Activities
B) Strategy Tasks
C) Delinquent
D) Promises
5. 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 sys-tem when the payment gets reconciled with a bank statement line? (Choose the best Answer.)
A) Debit Cash Clearing Account Credit-Cash Account
B) Debit-Expense Credit-Cash Account
C) Debit -AP Liability Credit-Cash Clearing Account
D) Debit-AP Liability Credit-Cash Account
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,D,E | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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