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Oracle Other Oracle Certification 1Z0-215

1Z0-215

Exam Code: 1Z0-215

Exam Name: Oracle EBS R12: General Ledger and Payables Fundamentals

Updated: Jun 03, 2026

Q&A Number: 267 Q&As

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Oracle EBS R12: General Ledger and Payables Fundamentals Sample Questions:

1. Identify three Payables system setup options. (Choose three.)

A) alwaystake discount
B) allow void and reissue
C) create interest invoice
D) application accounting definitions
E) bill-to location


2. You are in the Tax Lines Summary window and you update the calculated tax amount of one of the taxable distributions. You must also adjust _____.

A) the self assessed taxes in the Tax Details window
B) the number of invoice lines
C) the total header invoice amount
D) the amount of another distribution


3. The Quick Payment method is best described as the method of _____.

A) creating a payment without an invoice
B) manually writing a check outside of Payables
C) creating and printing a computer-generated payment to pay a supplier for one or more invoices
D) recording a payment made outside of Payables


4. Select two actions that ledger sets permit. (Choose two.)

A) grouping multiple ledgers that share the same chart of accounts and calendar
B) sending budget balance inquiries
C) being used for mass budgets
D) viewing account balances for multiple ledgers in one view
E) performing variance inquiries


5. Select two components that are required to create the accounting setup by using Accounting Setup Manager. (Choose two.)

A) data access sets
B) definition access sets
C) subledger accounting method
D) operating units
E) ledgers


Solutions:

Question # 1
Answer: A,B,C
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: A,D
Question # 5
Answer: C,E

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