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Oracle Financial Apps Test

Topics Covered

  • General Ledger
  • Summary and Parent Accounts
  • FSG
  • Multiple Currency
  • Recurring Journals
  • Encumbrance
  • Batch Journals and Receipts
  • Invoices
  • Integrations

Useful for hiring

  • Oracle Apps Techno Funtional - Finance
  • Oracle Financial Application Developer 

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Question

After the full payment to the supplier, some goods are returned because of finding to be defective. The supplier has agreed to pay back the money for the goods. How can we achieve this?

Answer
    • Cancel the full payment, return the goods, and now match the Invoice again with a lesser amount.

    • Get the money from the supplier, cancel the Payment, and make a new payment with less amount.

    • Enter Credit Memo for that supplier and match to PO for the goods returned.

    • Use Create Debit Memo from RTS Transaction at Supplier site level.

Question

Which of the following can’t be imported through Interface in R12?

Answer
    • Standard Invoice

    • Suppliers

    • Credit Card Transactions

    • Payments

Question

What does FOB Stands for in the context of Procurement?

Answer
    • Freight on Board

    • Free on Board

    • Freight on Booking

    • None of the mentioned

Test details:

Oracle Financial Application Skill test enables employers and recruiters to identify potential hires by evaluating working skills and job readiness. For this reason, the emphasis is laid upon evaluating the knowledge of applied skills gained through real work experience, rather than theoretical knowledge. 

Test Duration: 20 minutes 

  • 15 Application Oriented Questions

  • 05 Theory Questions 

The combination on Application and Theory questions helps to evaluate Technical as well as practical Skills of Candidates. 

Test description:

Oracle Financial Applications is one of the function module of Oracle which provides a set of financial applications used internationally in businesses. Oracle Financial Apps closely relates to modules such as Oracle Assets, Oracle Payables, Oracle Receivables, Oracle General Ledger and Oracle Cash Payment. This test is specially designed to check application, practical skills of an Oracle Financial Application developer – as per Industry Standards. Our Oracle Financial Application skill test is created and validated by Subject Matter Experts. 
 

Test Topics :

The Oracle Financial Application Skill test contains questions on following topics:

  • General Ledger

  • Summary and Parent Accounts

  • FSG

  • Multiple Currency

  • Recurring Journals

  • Encumbrance

  • Batch Journals and Receipts

  • Invoices

  • Integrations



The test contains MCQ's (Multiple Choice Questions), MAQ's (Multiple Answer Questions), Fill in the Blank, Descriptive, True or False. Using powerful reporting, you will have a detailed analysis of test results to help you make better decisions and predict candidate and employee success. 

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  • Customize test settings like duration, number of questions, passing score, web proctoring and much more

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