Oracle Apps R12 Financials Interview Q&A Videos

Oracle Apps R12 Financials Interview Questions and Answers Videos Explained

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Oracle Apps R12 Financials Interview Questions and Answers


  • How many flex fields are there in Oracle Financials


  • What are the benefits of flex fields


  • What is segment qualifier


  • Implication of dynamic inserts


  • What is key flex field qualifier


  • Types of key flex field qualifiers


  • What is short hand aliases


  • What is a period in oracle general ledger and types of periods


  • What is value set security type


  • What are the types of value sets


  • What are the cross validating rules


  • What is a value set and value set list types


  • What are the types of flex fields


  • Difference between key and descriptive flex fields


  • What are the essential components of GL primary ledger


  • What are concepts used during definition


  • How many types of conversion rates are there in general ledger


  • What is retained earnings account


  • What is the purpose of translation adjustment account


  • Different statuses of accounting periods


  • What is a adjusting period and its implication


  • What are the steps for creating primary ledger


  • Ledger options


  • What are the journal types


  • Integrating journal entries with general ledger module


  • Define Accounting cycle


  • What is accounts payable


  • What is the meaning of invoice


  • P2P cycle flow


  • Sample process flow for p2p cycle


  • Pay cycle


  • How many types of purchase orders and agreements are there


  • Difference between AP invoice and AR invoice


  • What is invoice


  • Types of invoice


  • Difference between standard invoice and mixed invoice


  • What is pre payment in AP


  • Types of AP invoices


  • Difference between debit memo and credit memo


  • What is invoice validation process


  • Explain the receipt routing methods


  • What are the purchasing modes in receiving


  • What are the different matching levels, explain them


  • What is payment terms and how to define payment terms


  • What are the different types of transaction types in receivables



Who should take this course

Any Professional with Basic Knowledge on Financials Concept

What You Will Learn!

  • Define Accounting cycle
  • What is segment qualifier, Implication of dynamic inserts
  • What is short hand aliases
  • What is a period in oracle general ledger and types of periods
  • What is value set security type
  • What are the cross validating rules
  • What are the essential components of GL primary ledger

Who Should Attend!

  • Any professional with basic knowledge on financials concepts