Free Oracle N16599GC10 Exam Questions

Become Oracle Certified with updated N16599GC10 exam questions and correct answers

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Total 100 Questions | Updated On: Sep 17, 2026

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Question 1

What two transactions cause a Bill Variance Journal entry to be posted? (Choose two.)

A : Purchase Requisition

B : Item Receipt

C : Bill Payment

D : Vendor Bill

E : Purchase Order

Answer: B,D

Question 2

Which statement is true about recording customer payments?

A : Accept Customer Payment offsets Accounts Receivable posting

B : Customer payments must match paid invoices 1:1

C : Electronic payments SuiteApp is required to record customer payments by credit card

D : Undeposited Funds is not necessary if all your customers pay by credit card.

Answer: B

Question 3

What are two differences between fixed and dynamic allocation schedules? (Choose two.)

A : Fixed allocation requires zeroing out the source account

B : Dynamic allocation requires zeroing out the source account.

C : Dynamic allocation schedules must use statistical accounts.

D : Fixed allocation schedules must have predefined weighting that does not change

Answer: C,D

Question 4

Which two options should be selected to create a memorized transaction for the electric bill, which varies in amount each month but will continue until canceled?

A : Action: Reminder

B : Override Transaction Date

C : Action: Automatic

D : Indefinite

E : Number Remaining

Answer: A,D

Question 5

Which transaction, that records the expense and the cash spent in one step, can be used to record ad-hoc purchases such as petty cash

A : Purchase Order

B : Pay single vendor

C : Write check

D : Transfer funds

Answer: C

Page: 1 / 20

Total 100 Questions | Updated On: Sep 17, 2026

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