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Updated: Jul 15, 2026
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Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:
1. The AutoCash Rule Set defines the order in which the system will apply the receipt to an open debit Item. Which Autocash Rule is NOT defined in the receivables setup?
A) Clear past due invoices grouped by Payment Terms
B) Apply to the latest invoice first
C) Clear past due invoices
D) Apply to the oldest invoice first
2. You have run the delinquency process for a customer and have navigated to the transactions tab to view the status. Why is the status for the transactions blank?
A) The status of the past due transactions appear as blank.
B) The transaction status is NOT automatically updated when the process runs.
C) The status of the current or paid in full transactions appear as blank.
D) There was an error when updating the status during the delinquency process. Fix it and rerun the process.
3. You are the Billing Manager and you are in charge of reviewing transactions and approving them. Which two tabs are available for your role in the Adjustments Overview Region on the Billing Work Area page?
A) Pending Approval from Others
B) Pending My Approval
C) Pending Approval
D) Approved
E) Pending Research
4. The interactive Receivables to General ledger Reconciliation Report allows reconciliation.
A) only by ledger
B) only by account balancing segment
C) only by specific organization
D) by ledger, specific organization, OR account balancing segment
5. A Billing Specialist runs the Create Automatic Billing Adjustments program to automatically adjust the remaining balance on open Invoices, but some of the amounts have exceeded his approval limits, what will be the result?
A) The program can only be run if the amount is within his approval limits.
B) The program creates the adjustments with a status of Pending Approval for the amount that exceeds his approval limits.
C) The program creates the adjustments with a status of Rejected for the amount that exceeds his approval limits.
D) The program creates adjustments only for the amounts within his approval limit
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: B,E | Question # 4 Answer: A | Question # 5 Answer: B |
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