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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. Identify two late charge interest calculation methods.

A) Average Daily Balance
B) Overdue Transactions
C) Previous Balance
D) Adjusted Balance

2. Identify the different dunning letter versions provided to the customer.

A) Soft, Regular, Hard
B) Regular, Final Demand, Medium
C) Final Demand, Soft, Medium
D) Regular, Medium, Hard

3. Select a scenario that is NOT eligible for receipt reversal.

A) Reversing a miscellaneous receipt
B) Reversing receipts that were applied to open receipts and both receipts have positive balance post reversal
C) Reversing a receipt applied to a transaction with a chargeback that has been posted to UK-General Ledger
D) Reversing credit card refund receipts

4. AutoCash rules apply to__________.

A) credit card
B) QuickCash
C) manual receipts
D) automatic receipts

5. Your Subledger Accountants are attempting to import their journals to the general ledger at the end of the period. The Journal import processes have completed with a warning and no Journals were generated. Which three steps would you take to troubleshoot this?

A) Verify the output of the Journal Import Request
B) Confirm that data was sent from the subledger.
C) Run the Journal Import for all the group IDs.
D) Resend the transactions from the subledgers.
E) Delete the related data on the GL interface table.

Solutions: