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Oracle Financials Technical Interview Questions

Oracle Financials Technical Interview Questions

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Published by aruntomar
Technical Interview Questions – Oracle Financials Consultant
Structured from the following three dimensions – Technology, People and Processes

Technology
General Ledger
• • • • • Explain the organisational concepts of business group, set of books, legal entity, operating unit and inventory organization and the hierarchical structure relating to these. What are the three C’s in relation to a set of books? Explain the difference between a key flexfield and descriptive flexfield What is the differ
Technical Interview Questions – Oracle Financials Consultant
Structured from the following three dimensions – Technology, People and Processes

Technology
General Ledger
• • • • • Explain the organisational concepts of business group, set of books, legal entity, operating unit and inventory organization and the hierarchical structure relating to these. What are the three C’s in relation to a set of books? Explain the difference between a key flexfield and descriptive flexfield What is the differ

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Published by: aruntomar on Jul 27, 2010
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01/04/2013

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Technical Interview Questions – Oracle FinancialsConsultant
Structured from the following three dimensions – Technology, People and Processes
Technology
General Ledger 
Explain the organisational concepts of business group, set of books, legal entity,operating unit and inventory organization and the hierarchical structure relating tothese.
What are the three C’s in relation to a set of books?
Explain the difference between a key flexfield and descriptive flexfield
What is the difference between a cross validation rule and a security rule?
What is a value set and what are the different types of value sets that you will findwithin Oracle?
 Accounts Payable
Describe the Key Configuration decisions you would need to undertake whenimplementing the Accounts Payable module.
Briefly describe the Supplier Invoice to Payment process within Oracle.
 Accounts Receivable
Describe the Key Configuration decisions you would need to undertake whenimplementing the Accounts Receivable module.
Briefly describe/draw the Customer Invoice to Cash process within Oracle
Describe the Key difference in setting up accounting for Accounts Receivable andAccounts Payable
What happens when you have a receipt in Oracle that can't be applied to aninvoice?
Fixed Assets
Describe the key configuration decisions you would need to undertake whenimplementing the fixed assets module.
Briefly describe/draw the asset additions process within Oracle.
Cash Management 
Describe the key configuration decisions you would need to undertake whenimplementing the cash management module.
Outline the Statement to Reconciliation process within Oracle with particular reference to the different options you might want to consider when reconciling.

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