Oracle APPS Functional Interview Quetion & answers

1
Oracle APP functional Interview Question
Answers
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• What is Oracle Apps (ERP)?
• ERP stands for organization useful resource
  Planning. A made from Oracle India Pvt. Ltd.
  Because the identify suggests corporation
  resource Planning. Company approach a firm/group.
  Resource manner available supply of wealth in
  corporation and Planning way how one can keep
  each day resource. As a consequence briefly to
  facilitate large corporations, organizations
  Oracle manufacturer have created tremendous
  application recognized in the category of ERP
  (company resource Planning) as Oracle functions.

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2. What are cycles of GL, AP, and AR? In
general, GL AP and AR consist ofStructure
Phase - Defines the process flows and
configuration for the system and Conduct business
process and data mapping workshops.Construct
Phase - Contains all of the configuration
activitiesTransition Phase - Executes system
testDeploy Phase - Migrates database to
customer environment
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3. What are different types of invoices and what
is a recurring invoice?
Types of Invoice  standard invoice, CreditMemo
bill, DebitMemo bill, price bill, habitual bill
With-maintain tax fast in shape and Pre-cost
bill. Recurring Invoice  because the name
suggests the invoice that happens at ordinary
interval of time is referred to as the recurring
invoice.
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4. Explain how to handle errors in Customer
interface.
Provide an explanation for the best way to manage
blunders in customer interface. We are able to
handle blunders by means of utilizing SQLLoader,
or other import application, to load client
information into the interface tables. Whilst
you import customer expertise, the patron
Interface program validates the worldwide
attribute columns in the interface tables and
transfers those values into the patron tables.
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6
5. What is Security Rules and Cross validation
Rules?
It is used to restrict the users from entering
the segments. It will work at the responsibility
level. It is used to restrict the end users from
entering the code combinations. It will work at
structure level
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• 6. WHAT ARE THE BENEFITS OF FLEXFIELDS?
• Configure applications to support your own
  accounting, product and other codes.
• Enable the construction of intelligent keys.
• Configure application to capture additional data.
• Use the application to validate values and value
  combinations entered by the user.
• Support multiple flex field structures depending
  on data context.

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8.What is set of Books and in which table set of
book is stored. Set of Books is a Financial
Reporting entity which Consist of three C. a)
Chart Of Accounts b) Currency c) Calendar. Set of
Books is stored in GL_SETS_OF_BOOKS
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9. What are different types of Calendars
. Different types of Calendars are listed
below a) Fiscal b) Accounting
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10. What is Adjusting Period? Typically, the
last day of the fiscal year is used as an
adjusting period to perform adjusting and closing
journal entries. Once you begin using your
accounting calendar, you cannot change its
structure to remove or add an adjusting period.
Choosing whether to include an adjusting period
or not in your calendar is a very important
decision. You can have an unlimited number of
adjusting periods.  
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11. What is 2 way, 3 way and 4 way
matching? Making payments to the suppliers in 3
ways. what ever you have ordered for the PO we
will make the  payment for the suppliers in
2-way(we will compare two documents PO and
Invoice).
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Thank You
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