Learn with Oracle : 1Z0-215 training material for 100% pass
Updated: Jun 03, 2026
No. of Questions: 267 Questions & Answers with Testing Engine
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Oracle EBS R12: General Ledger and Payables Fundamentals Sample Questions:
1. Which two are true about elimination? (Choose two.)
A) You can define an elimination set to contain one elimination entry.
B) Currency is an optional component when defining an elimination set.
C) You can define balancing options for eliminating entries.
D) You must specify an elimination company in the Elimination Sets window.
2. Sam, the CFO of XYZ Company, wants to prepare the annual capital expenditure budget for the
current year with reference to the capital expenditure budget of the previous year.
The capital expenditure budget is subdivided into multiple items, and the corporate calendar used
at XYZ Company has thirteen periods. Which budget rule must Sam use to minimize the effort.
A) prior year budget monetary and prior year budget statistical
B) current year budget monetary and current year budget statistical
C) prior year actual monetary and current year budget statistical
D) current year actual monetary and current year actual statistical
E) prior year budget monetary and current year budget statistical
3. A manager wants to review the cash balance by company. He has asked you to create the
summary account template. The company's accounting flexfield has four segments:
Company (5 values)
Cost Centers (30 values)
Region (4 values)
Account (180 values)
The total number of cash accounts is five that are associated with two parents:
Three accounts are associated with the parent called Checking.
Two accounts are identified with the parent called Savings.
To combine the cash parents, you created a rollup group named Cash.
How many accounts would the summary account template generate?
A) 240
B) 40
C) 60
D) 10
E) 1200
4. Identify three features that speed up data entry. (Choose three.)
A) data loader
B) customized folders
C) account aliases
D) scan invoices
E) account distribution sets
5. Select two steps that are NOT elements of creating a Financial Statement Generator (FSG) report in Oracle General Ledger (Choose two.)
A) Build a report by using rows and columns.
B) Attach the fiscal calendar.
C) Specify the default ledger for ledger sets.
D) Determine which rows and columns make up your report.
E) Define rows and columns.
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B,C,E | Question # 5 Answer: B,C |
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