Get real 1Z0-216 exam questions for better preparation
Real Oracle 1Z0-216 practice exam questions for easy pass!
Updated: Jun 03, 2026
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Oracle EBS R12: General Ledger and Receivables Fundamentals Sample Questions:
1. Party Merge provides the capability to merge parties and their related entities in the Oracle Trading Community Architecture (TCA) Registry, thereby eliminating duplicate data in the Registry. Select four entities that can be successfully merged using the Party Merge functionality. (Choose four.)
A) You can merge bill-to sites with bill-to sites.
B) You can merge individuals with individuals.
C) You can merge bill-to sites with ship-to sites.
D) You can merge individuals with organizations.
E) You can merge organizations with organizations.
2. Your client has sales tax requirements that involve two types of sales tax. The first sales tax applies to all customers. The second sales tax is based on where the company ships the goods. All goods are taxable; however some customers who resell the goods are exempted from the second sales tax. Choose three applicable options to set up sales tax for your client. (Choose three.)
A) Item exemptions for both sales taxes
B) Tax classification code for exempt tax
C) Customer exemptions for the first sales tax
D) Tax group for the combination of the two tax classification codes
E) Customer tax exemptions for the second sales tax
3. A user attempted to close the Accounts Receivable accounting period and received an error. What could be the cause of the error?
A) There are lockbox interface errors.
B) There are existing invoice exceptions.
C) General Ledger Journal Import did not run.
D) Invoices are entered but not completed.
E) AutoInvoice did not run.
F) There areAutoInvoice interface errors.
G) Create Accounting program did not run.
4. You are setting up Receivable Accounting Events in Subledger Accounting. Identify the Event Entity.
A) Transactions
B) Chargebacks
C) Invoices
D) Deposits
E) Guarantees
5. Choose the maximum number of secondary ledgers that can be assigned to a primary ledger.
A) One per primary ledger
B) One per primary ledger with a reporting currency
C) Unlimited
D) Two per primary ledger
Solutions:
| Question # 1 Answer: A,B,D,E | Question # 2 Answer: B,D,E | Question # 3 Answer: G | Question # 4 Answer: A | Question # 5 Answer: C |
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