Testking Oracle 11i 1z0-213
Visited 799 times, 2 so far today
Exam 1z0-213: Oracle Receivables 11i Fundamentals
Exam Number: 1Z0-213
Associated Certifications: Oracle 11i Financials Consultant, Receivables
Exam Price: $195 USD
Exam Registration: Register
Duration: 90 minutes
Number of Questions: 76
Passing Score: 55%
Recommended Training and Preparation
11i Oracle Receivables Fundamentals
This exam is based on Oracle E-Business Suite 11i.10.
Additional Information & Resources
Oracle 11i Financials Candidate Guide
Exam Retake policies
Exam Topics
Order to Cash Lifecycle
[ ] Describe the key areas in the Order to Cash Life Cycle
[ ] Describe the integration between the applications
Order Receivables Process
[ ] Describe the Receivables Process and its key areas
Manage Parties and Customer Accounts
[ ] Create profile classes and assign them to customer accounts
[ ] Create and maintain party and customer account information
[ ] Define TCA party paying relationships
[ ] Merge parties and/or customer accounts
[ ] View party and customer account information
[ ] Define setup options
Process Invoices Using AutoInvoice
[ ] Describe the AutoInvoice process
[ ] Implement AutoInvoice
[ ] Correct errors by using AutoInvoice Exception Handling
[ ] Match to purchase orders
Process Invoices
[ ] Indicate where the processing of Invoices fits into the receivables process
[ ] Enter and complete invoices
[ ] Create Invoice Batches and View Currency details
[ ] Enter and complete invoices
[ ] Create Invoices with rules and run Revenue Recognition Program
[ ] Correct Invoices: debit memo, credit memo, make adjustments and on-account credits, create refunds, void transactions
[ ] Define Transaction types
[ ] Print Transactions and Consolidated Billing
[ ] Use event-based revenue management
[ ] Identify XML receivables documents
[ ] Describe promised commitment accounts
Bill Presentment Architecture
[ ] Explain bill presentment architecture processes
[ ] Register data sources
[ ] Create templates to present bills
[ ] Define rules to assign templates to customers
[ ] Print BPA invoices
Credit Management
[ ] Setup for credit management
[ ] Define Customer Profile Class
[ ] Process Credit Reviews
[ ] Use workflow and lookups
[ ] Review credit management performance
[ ] Define and identify Credit hierarchy
Implement Customer Invoicing
[ ] Enter set up information relating to invoicing
[ ] Set up optional set ups for transactions
[ ] Describe the major implementation considerations in customer invoicing
Receipts
[ ] Describe the Receipt Process
[ ] Create receipts and receipt batches
[ ] Apply receipts using different methods
[ ] Create Chargebacks, Adjustments and Claims
[ ] Use balance segments
[ ] Create and use Autolockbox
Implement Receipts
[ ] Enter setup information relating to receipts
[ ] Enter setup information relating to cross currency receipts and set up System and Profile Options
[ ] Describe Receipts implementation considerations
[ ] Set up Lockbox Integration and Function Security
Tax Accounting Process
[ ] Explain the Tax Accounting Process
[ ] Define General Tax Setup Steps
[ ] Enter Tax Adjustments
[ ] Explain Tax Reporting Ledger
Period Closing Process
[ ] Define the various actions required to close a period in the Order to Cash eBusiness flow
[ ] Reconcile transactions and Describe the available reports to assist in the closing process
[ ] Run in the Revenue Recognition program and the General Ledger interface program
Bank Reconciliation
[ ] Explain reconciliation and the key concepts of reconciliation integration
[ ] Set up for bank reconciliation
[ ] Describe the Bank Statement Open Interface
[ ] Enter bank statements manually
[ ] Archive and purge bank statements
[ ] Reconcile transactions automatically
[ ] Clear and unclear transactions manually
[ ] Record exceptions
[ ] Explain Value Date
[ ] Describe bank reconciliation reports
Oracle Certification Program Fraudulent Activity Policy
Oracle reserves the right to take action against any candidate involved in fraudulent activities, including, but not limited to, fraudulent use of vouchers, promotional codes, reselling exam discounts and vouchers, cheating on an exam, alteration of score reports, alteration of completion certificates, violation of exam retake policies or other activities deemed fraudulent by Oracle.
If Oracle determines, in its sole discretion, that fraudulent activity has taken place, it reserves the right to take action up to and including, but not limited to, decertification of a candidate’s Oracle Certified Associate, Oracle Certified Professional and/or OCM credentials, temporary, indefinite or permanent ban of a candidate from Oracle certification programs, notification to a candidate’s employer, and notification to law enforcement agencies. Candidates found committing fraudulent activities forfeit all fees previously paid to Oracle, or to Oracle’s authorized vendors, and may be required to pay additional fees for services rendered.
View the Oracle Certification Program Candidate Agreement which requires your agreement before the start of each exam.
Recommended Training about 1z0-213 exam PDF
The following courses are the recommended training for 1z0-213 exam PDF.
1z0-213 Q & A with Explanations
1z0-213 Audio Exam
1z0-213 Study Guide
1z0-213 Preparation Lab
1z0-213 Exam: Freetestking’s Oracle Receivables 11i Fundamentals PDF
The Oracle Receivables 11i Fundamentals PDF for preparing for the 1z0-213 exam – Freetestking’s Oracle Receivables 11i Fundamentals. Freetestking is your premier source for practice tests, and true testing environment. Nothing will prepare you for your next exam like a Freetestking. You find it all here at certbible.org.
Question: 1
Each of ABC Corp.’s customers has a designated collector who monitors customer accounts. The credit management department users routinely make customer accounts inactive if there is no activity in the accounts for 120 days. This presents a problem for the collectors because they
need to monitor the accounts and make collection calls. ABC wants to minimize the building of
customized extensions to Accounts Receivable, and is looking for quick wins. Which is the most practical option for ABC’s collectors to monitor inactive customer accounts that would also meet the company’s objective of quick wins?
A. Each collector should submit the Aged Trial Balance by Collector Report and the Account
Status Report and use them to monitor inactive customer accounts with outstanding balances.
B. The credit management users should alert the appropriate collector before they make a customer account inactive if there is an outstanding balance.
C. Create a custom report that lists inactive customer accounts with outstanding amounts by collector for each collector to submit the report.
D. Each collector should use the Customer Accounts window to inquire about inactive customer accounts with outstanding balances.
E. Create a custom workflow notification to alert each collector whenever a customer account with outstanding balances is made inactive.
Answer: D Question: 2
In addition to loading bank statement information with the bank statement open interface, you can
enter bank statements manually. Which two statements are true about manual bank statement entry? (Choose two.)
A. When you enter a bank statement manually, you enter the bank statement header and the transaction lines
B. You cannot update information in a statement if the statement has already been reconciled.
C. You can reconcile the bank statement after you have entered all the transactions and saved your work.
However, you cannot reconcile transaction lines as you enter them.
D. You can update information in a statement even if the statement has already been reconciled
Answer: A, D Question: 3
Which four transaction documents can be created by using AutoInvoice? (Choose four.)
A. Invoices
B. Deposits
C. Guarantees D. Debit Memos E. Chargebacks
F. Credit Memos against an invoice
G. On Account Credits without a specific invoice reference
Answer: A, D, F, G Question: 4
Your company is deciding how to best handle the daily flow of information from sales orders in
Order Management to journal entries in the General Ledger. Which method could be used for this information flow?
Page 1 of 38
TK
Exam Name: Oracle Receivables 11i Fundamentals
Exam Type: Oracle
Exam Code: 1z0-213 Total Questions: 126
A. Run AutoInvoice from Order Management. Run the GL Interface Program, Journal Import and
Journal Post from Receivables.
B. Run AutoInvoice, the GL Interface Program, Journal Import and Journal Post from
Receivables.
C. Run AutoInvoice and the GL Interface Program from Receivables. Run Journal Import and
Journal Post from the General Ledger.
D. Run AutoInvoice from Receivables. Run the GL Interface Program, Journal Import and Journal
Post from the General Ledger.
E. Run AutoInvoice, the GL Interface Program, Journal Import and Journal Post from the General
Ledger.
Answer: C Question: 5
In order for supplementary data sources to be registered in BPA they must be interfaced with which of the following Oracle Application. (Choose one.)
A. Oracle Receivables
B. Oracle Service Contract
C. Oracle Order Management
D. Oracle Projects
Answer: A Question: 6
Suppose that there are no seeded setup values. Which three setup steps are required before entering transactions? (Choose three.)
A. Define the Sales Tax Location flexfield. B. Define a transaction type.
C. Define a receivable activity.
D. Define an invoice grouping rule.
E. Define a transaction batch source.
F. Define at least one customer with a Bill To business purpose.
G. Define at least one customer with a Ship To business purpose.
Answer: B, E, F Question: 7
Transaction numbering is set up using _____.
A. system options
B. AutoAccounting
C. transaction types
D. transaction sources
Answer: D Question: 8
Cash Management maintains a Reconciled or Unreconciled status for each bank statement line. This status is displayed in Cash Management windows and reports. However, this status does
not indicate the status of the system transaction. In addition to the status of the bank statement line, Cash Management also displays the status of the system transaction, which is assigned by
source application. Which four statuses are in the list of Receipt Status from Receivables?
(Choose four.)
Page 2 of 38
TK
Exam Name: Oracle Receivables 11i Fundamentals
Exam Type: Oracle
Exam Code: 1z0-213 Total Questions: 126
A. Reversed
B. Voided
C. Confirmed D. Reconciled E. Approved F. Cleared
Answer: A, C, E, F Question: 9
Choose three statements that properly describe the Transactions Available for Reconciliation
Report. (Choose three.)
A. It lists void payments only if the Show Void Payments option is selected.
B. It shows all transactions available for reconciliation for a specific bank account.
C. It lists detailed transaction information for your available receipts, available payments, and available journal entries for reconciliation.
D. It lists receipts that are reversed due to user error and the associated original receipts that are
not reconciled.
Answer: A, B, C Question: 10
A user is reconciling transaction balances in the closing process. Why would the user run the
Invoice Exceptions Report?
A. to identify unposted transactions
B. to identify autoinvoice validation errors
C. to identify order lines with workflow stuck
D. to identify order lines with a back order credit hold
E. to identify transactions that do not appear in the Aging report
F. to identify transactions that do not appear in the Transaction Register
Answer: E Question: 11
Your client wants to simplify the reconciliation of Accounts Receivable standard receipts in Oracle
Cash Management. All standard receipts are entered manually. The client wants to reconcile the exceptions, rather than try to reconcile every standard receipt item. The client also wants to be
able to create miscellaneous bank charges when performing the bank reconciliation. Select the four setup options required to integrate Receivables with Cash Management and meet the
objectives. (Choose four.)
A. Set up Receipt Source for Manual Receipts.
B. Set up Receivable Activities with the Bank Error type. C. Set up Receivable Activities with the Adjustment type.
D. Set up Receivable Activities with the Miscellaneous Cash type.
E. Set up Receipt Class with Clearance Method of Automatic Clearing and Require Confirmation selected.
F. Set up Receipt Class with Clearance Method of Automatic Clearing and Require Confirmation deselected.
G. Set up Receipt Source for Automatic Receipts to create automatically reconciled receipts.
Answer: A, B, D, F
Page 3 of 38
TK
Exam Name: Oracle Receivables 11i Fundamentals
Exam Type: Oracle
Exam Code: 1z0-213 Total Questions: 126
Question: 12
PCS Inc. has a legacy billing system that contains a customer database. The company wants to maintain the legacy billing system and interface it with Oracle Accounts Receivable (AR) for
customers and invoices. Which is a feasible customer interface option that PCS should consider?
A. Maintain AR as the customer database. Create customers in AR first. Match the information with the legacy system through the customer interface and update it if necessary.
B. Maintain the customer database in the legacy billing system. Create customers in the legacy system first, and then in AR through the customer interface. Update customers in AR manually
on a daily basis.
C. After the customers are created in the legacy system, manually create them in AR. When there are changes in the legacy system, update customer information manually in AR.
D. Maintain the customer database in the legacy billing system. Create new customers in the legacy system and interface with AR by using the customer interface. The interface includes update of customer information.
E. Create customers in AR first, and then in the legacy system through the customer interface.
Send daily updates of customers from AR to the legacy system through the customer interface.
Answer: D Question: 13
Your company is establishing policies for correcting invoices entered in error. Which two methods
describe valid correction options in Oracle Receivables? (Choose two.)
A. Create debit memos linked to the invoices to be debited.
B. Route credit memos to Pending status if they exceed predefined approval limits.
C. Import on-account credits from Order Management linked to the invoices to be credited. D. Update invoices not posted to the General Ledger by incompleting, changing, and
recompleting them.
E. Void invoices posted to the General Ledger in error and create replacement invoices for the correct amount.
F. Adjust invoices posted to the General Ledger in error by increasing or decreasing the original invoiceamounts.
Answer: D, F Question: 14
Maison Suppliers Inc. occasionally charges sales tax erroneously to some customers. The
company’s current process is to manually issue a credit memo to correct the customer’s account. The customers routinely deduct the sales tax from the invoice before paying. The
company is looking for a simpler way to adjust the tax on its accounts receivable. It also wants the AR manager to approve the tax adjustment. Which two steps would simplify the process?
(Choose two.)
A. Set up AutoAccounting.
B. Set up Adjustment Approval Limits.
C. Select the Allow Override of Tax Code profile option. D. Set up Transaction Type for Tax Adjustment.
E. Define Receivable Activity of Adjustment with tax accounting distribution.
F. Define Receivable Activity of Miscellaneous Cash with tax accounting distribution.
Answer: B, E
Interactive Testing 11i 1z0-213 Engine Included!
75 Questions
Updated : 09/18/2008
Price : $87.99 $79.99
Exam Number/Code:1z0-213
Exam Name: Oracle Receivables 11i Fundamentals
Testking 1z0-213 Exam will provide you with exam simulation questions and actual answers that reflect the actual exam
Preparing for the Testking 1z0-213 exam?Searching 1z0-213 Test Questions,
1z0-213 Practice Exam,1z0-213 Braindumps ? 1z0-213 practice exam covers all the practice test objectives to pass 1z0-213 exam.
Pass your exam at first attempt with our Testking 1z0-213 study guide,1z0-213 Braindumps, As well Audio exam, Realistic Practice Labs, and Interactive Testing Engine.
Our Testking practice test covers the information associated with each 1z0-213 exam topics in details and includes information found in no other practice test sites on the web.
Our challenging questions with Correct Answers built to simulate the actual exam. Unlimited, FREE auto-updates so you’re never behind on any topic. The whole package comes as an automatic download so there’s no waiting or shipping. Our most questions and answers along with explanations. Our practice test will determine you to take your 1z0-213 certification exam and pass the official exam on your first try, guaranteed
Now guaranteed Testking 1z0-213 exam training is available in various formats to best suit your needs and learning style. Whether you are a hands-on tactile learner, visually or even a textbook training veteran, Real-Exams has the 1z0-213 pdf vce format resources that will enable you to pass your 1z0-213 test with flying colors.
Comprehensive questions with complete explanations about actualtests 1z0-213 exam
download 1z0-213 exam questions accompanied by exhibits
Verified Answers Researched by Industry Experts and almost 100% correct
1z0-213 exam questions updated on regular basis
Oracle 1z0-213 Transcender Torrent
Oracle 1z0-213 P4S
Oracle 1z0-213 Study Guide
Oracle 1z0-213 Exams
Oracle 1z0-213 Braindumps
Oracle 1z0-213 Pass4sure
Oracle 1z0-213 Real Exams
Oracle 1z0-213 Exam
Oracle 1z0-213 Actual Tests
Oracle 1z0-213 Pdf
1z0-213 also gives new editions of Real Exams 1z0-213 for enhancing professional skills and knowledge. These Testking Real Practice Questions 000-710 are useful for understanding 1z0-213 exam terminologies and these brain dumps also very useful for enhancing people brain power. These Testking Real Practice Questions 1z0-213 are prepare by highly qualified and 1z0-213 professionals. 1z0-213 Certification experts’ teams always try to give you real exam environment in these 4shared training materials links.
Question: 1
Each of ABC Corp.’s customers has a designated collector who monitors customer accounts. The
credit management department users routinely make customer accounts inactive if there is no
activity in the accounts for 120 days. This presents a problem for the collectors because they
need to monitor the accounts and make collection calls. ABC wants to minimize the building of
customized extensions to Accounts Receivable, and is looking for quick wins. Which is the most
practical option for ABC’s collectors to monitor inactive customer accounts that would also meet
the company’s objective of quick wins?
A. Each collector should submit the Aged Trial Balance by Collector Report and the Account
Status Report and use them to monitor inactive customer accounts with outstanding balances.
B. The credit management users should alert the appropriate collector before they make a
customer account inactive if there is an outstanding balance.
C. Create a custom report that lists inactive customer accounts with outstanding amounts by
collector for each collector to submit the report.
D. Each collector should use the Customer Accounts window to inquire about inactive customer
accounts with outstanding balances.
E. Create a custom workflow notification to alert each collector whenever a customer account
with outstanding balances is made inactive.
Answer: D
Question: 2
In addition to loading bank statement information with the bank statement open interface, you can
enter bank statements manually. Which two statements are true about manual bank statement
entry? (Choose two.)
A. When you enter a bank statement manually, you enter the bank statement header and the
transaction lines
B. You cannot update information in a statement if the statement has already been reconciled.
C. You can reconcile the bank statement after you have entered all the transactions and saved
your work.
However, you cannot reconcile transaction lines as you enter them.
D. You can update information in a statement even if the statement has already been reconciled
Answer: A, D
Question: 3
Which four transaction documents can be created by using AutoInvoice? (Choose four.)
A. Invoices
B. Deposits
C. Guarantees
D. Debit Memos
E. Chargebacks
F. Credit Memos against an invoice
G. On Account Credits without a specific invoice reference
Answer: A, D, F, G
Question: 4
Your company is deciding how to best handle the daily flow of information from sales orders in
Order Management to journal entries in the General Ledger. Which method could be used for this
information flow?
A. Run AutoInvoice from Order Management. Run the GL Interface Program, Journal Import and
Journal Post from Receivables.
B. Run AutoInvoice, the GL Interface Program, Journal Import and Journal Post from
Receivables.
C. Run AutoInvoice and the GL Interface Program from Receivables. Run Journal Import and
Journal Post from the General Ledger.
D. Run AutoInvoice from Receivables. Run the GL Interface Program, Journal Import and Journal
Post from the General Ledger.
E. Run AutoInvoice, the GL Interface Program, Journal Import and Journal Post from the General
Ledger.
Answer: C
Question: 5
In order for supplementary data sources to be registered in BPA they must be interfaced with
which of the following Oracle Application. (Choose one.)
A. Oracle Receivables
B. Oracle Service Contract
C. Oracle Order Management
D. Oracle Projects
Answer: A
Question: 6
Suppose that there are no seeded setup values. Which three setup steps are required before
entering transactions? (Choose three.)
A. Define the Sales Tax Location flexfield.
B. Define a transaction type.
C. Define a receivable activity.
D. Define an invoice grouping rule.
E. Define a transaction batch source.
F. Define at least one customer with a Bill To business purpose.
G. Define at least one customer with a Ship To business purpose.
Answer: B, E, F
Question: 7
Transaction numbering is set up using _____.
A. system options
B. AutoAccounting
C. transaction types
D. transaction sources
Answer: D
Question: 8
Cash Management maintains a Reconciled or Unreconciled status for each bank statement line.
This status is displayed in Cash Management windows and reports. However, this status does
not indicate the status of the system transaction. In addition to the status of the bank statement
line, Cash Management also displays the status of the system transaction, which is assigned by
source application. Which four statuses are in the list of Receipt Status from Receivables?
(Choose four.)
A. Reversed
B. Voided
C. Confirmed
D. Reconciled
E. Approved
F. Cleared
Answer: A, C, E, F
Question: 9
Choose three statements that properly describe the Transactions Available for Reconciliation
Report. (Choose three.)
A. It lists void payments only if the Show Void Payments option is selected.
B. It shows all transactions available for reconciliation for a specific bank account.
C. It lists detailed transaction information for your available receipts, available payments, and
available journal entries for reconciliation.
D. It lists receipts that are reversed due to user error and the associated original receipts that are
not reconciled.
Answer: A, B, C
Question: 10
A user is reconciling transaction balances in the closing process. Why would the user run the
Invoice Exceptions Report?
A. to identify unposted transactions
B. to identify autoinvoice validation errors
C. to identify order lines with workflow stuck
D. to identify order lines with a back order credit hold
E. to identify transactions that do not appear in the Aging report
F. to identify transactions that do not appear in the Transaction Register
Answer: E
Question: 11
Your client wants to simplify the reconciliation of Accounts Receivable standard receipts in Oracle
Cash Management. All standard receipts are entered manually. The client wants to reconcile the
exceptions, rather than try to reconcile every standard receipt item. The client also wants to be
able to create miscellaneous bank charges when performing the bank reconciliation. Select the
four setup options required to integrate Receivables with Cash Management and meet the
objectives. (Choose four.)
A. Set up Receipt Source for Manual Receipts.
B. Set up Receivable Activities with the Bank Error type.
C. Set up Receivable Activities with the Adjustment type.
D. Set up Receivable Activities with the Miscellaneous Cash type.
E. Set up Receipt Class with Clearance Method of Automatic Clearing and Require Confirmation
selected.
F. Set up Receipt Class with Clearance Method of Automatic Clearing and Require Confirmation
deselected.
G. Set up Receipt Source for Automatic Receipts to create automatically reconciled receipts.
Answer: A, B, D, F
Question: 12
PCS Inc. has a legacy billing system that contains a customer database. The company wants to
maintain the legacy billing system and interface it with Oracle Accounts Receivable (AR) for
customers and invoices. Which is a feasible customer interface option that PCS should consider?
A. Maintain AR as the customer database. Create customers in AR first. Match the information
with the legacy system through the customer interface and update it if necessary.
B. Maintain the customer database in the legacy billing system. Create customers in the legacy
system first, and then in AR through the customer interface. Update customers in AR manually
on a daily basis.
C. After the customers are created in the legacy system, manually create them in AR. When there
are changes in the legacy system, update customer information manually in AR.
D. Maintain the customer database in the legacy billing system. Create new customers in the
legacy system and interface with AR by using the customer interface. The interface includes
update of customer information.
E. Create customers in AR first, and then in the legacy system through the customer interface.
Send daily updates of customers from AR to the legacy system through the customer
interface.
Answer: D
Question: 13
Your company is establishing policies for correcting invoices entered in error. Which two methods
describe valid correction options in Oracle Receivables? (Choose two.)
A. Create debit memos linked to the invoices to be debited.
B. Route credit memos to Pending status if they exceed predefined approval limits.
C. Import on-account credits from Order Management linked to the invoices to be credited.
D. Update invoices not posted to the General Ledger by incompleting, changing, and
recompleting them.
E. Void invoices posted to the General Ledger in error and create replacement invoices for the
correct amount.
F. Adjust invoices posted to the General Ledger in error by increasing or decreasing the original
invoiceamounts.
Answer: D, F
Question: 14
Maison Suppliers Inc. occasionally charges sales tax erroneously to some customers. The
company’s current process is to manually issue a credit memo to correct the customer’s
account. The customers routinely deduct the sales tax from the invoice before paying. The
company is looking for a simpler way to adjust the tax on its accounts receivable. It also wants
the AR manager to approve the tax adjustment. Which two steps would simplify the process?
(Choose two.)
A. Set up AutoAccounting.
B. Set up Adjustment Approval Limits.
C. Select the Allow Override of Tax Code profile option.
D. Set up Transaction Type for Tax Adjustment.
E. Define Receivable Activity of Adjustment with tax accounting distribution.
F. Define Receivable Activity of Miscellaneous Cash with tax accounting distribution.
Answer: B, E
Testking 1z0-213
TK Questions&Answers(Q & As with Expert Explanations): 126 Q&A
Update: 11/11/2008
Free Down: Testking 1z0-213
Free Down: Pass4sure 1z0-213
Dowload PassGuide Practice Test Questions
6 Comments on “Testking Oracle 11i 1z0-213”