Oracle 1Z0-215 Exam Questions : Oracle EBS R12: General Ledger and Payables Fundamentals

  • Exam Code: 1Z0-215
  • Exam Name: Oracle EBS R12: General Ledger and Payables Fundamentals
  • Updated: Sep 19, 2026
  • Q&As: 267 Questions and Answers

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Oracle 1Z0-215 Exam Syllabus Topics:

SectionObjectives
Topic 1: General Ledger Fundamentals- Journal Processing
  • 1. Journal entries creation and validation
    • 2. Journal approval workflow
      • 3. Posting processes
        - Setup and Configuration
        • 1. Ledger setup and structure
          • 2. Chart of Accounts configuration
            • 3. Currency setup
              - Period Close and Reporting
              • 1. Financial reporting
                • 2. Reconciliations
                  • 3. Period close procedures
                    Topic 2: Accounts Payable Fundamentals- Supplier Management
                    • 1. Supplier creation and maintenance
                      • 2. Supplier sites and controls
                        - Invoice Processing
                        • 1. Invoice matching (PO / receipt)
                          • 2. Invoice entry and validation
                            • 3. Invoice adjustments and corrections
                              - Payments and Accounting
                              • 1. Payment methods and formats
                                • 2. Payment processing
                                  • 3. Subledger Accounting integration

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

                                    Question #1

                                    Identify three options available to manage cash requirements. (Choose three.)

                                    • A. Change Pay Groups.
                                    • B. Include Only Due.
                                    • C. Narrow the selection of invoices in pay run.
                                    • D. Select additional PayThrough Days.
                                    • E. Select Payment Terms.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: B,C,D  🗳️

                                    Question #2

                                    Identify the different types of data that can be processed using the GL Interface. (Choose three.)

                                    • A. rates
                                    • B. currency codes
                                    • C. intercompany
                                    • D. statistical
                                    • E. vendors
                                    • F. budget
                                    Reveal Solution  Discussion  0

                                    Correct Answer: C,D,F  🗳️

                                    Question #3

                                    Identify three statements that are true about the withholding tax process. (Choose three.)

                                    • A. Payablescalculates withholding taxes on invoices during the invoice validation process or during the payment calculation.
                                    • B. The withholding tax process is a part of Cash Management.
                                    • C. Payables automaticallygenerates withholding tax invoices to pay tax authorities.
                                    • D. Tax is automatically calculated at any calculation level.
                                    • E. If the withholding tax is calculated during the invoice validation process, the taxable amount withheld is the gross amount.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A,C,E  🗳️

                                    Question #4

                                    Identify four consolidation tools. (Choose four.)

                                    • A. Global Consolidation System
                                    • B. Interface Data Transformer
                                    • C. Applications Desktop Integrator
                                    • D. Financial Statement Generator
                                    • E. Global Intercompany System
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A,B,C,D  🗳️

                                    Question #5

                                    Select two steps that are NOT elements of creating a Financial Statement Generator (FSG) report in Oracle General Ledger (Choose two.)

                                    • A. Build a report by using rows and columns.
                                    • B. Determine which rows and columns make up your report.
                                    • C. Attach the fiscal calendar.
                                    • D. Define rows and columns.
                                    • E. Specify the default ledger for ledger sets.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: C,E  🗳️

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