Calfus Oracle Financial Functional Consultant Interview Questions and Answers

Lexical parameter is a placeholder in a SQL query that is replaced by a specific value at runtime. Bind parameter is a placeholder in a SQL query that is bound to a specific value before execution.

• Lexical parameter is denoted by a colon followed by a name, like :parameter_name.

• Bind parameter is denoted by a question mark, like ?.

• Lexical parameters are replaced with values at runtime, while bind parameters are bound to ...read more

O2C process stands for Order to Cash process, which involves all the steps from receiving an order to receiving payment.

• Includes order entry, order fulfillment, invoicing, and payment collection

• Involves multiple departments such as sales, operations, finance, and customer service

• Key steps include order creation, order processing, shipping, invoicing, and payment processing

• Ensures timely delivery of goods or services to...read more

Procedures are faster as they are precompiled and stored in memory, while functions need to be compiled each time they are called.

• Procedures are precompiled and stored in memory, making them faster to execute.

• Functions need to be compiled each time they are called, which can slow down execution.

• Procedures are commonly used for performing tasks, while functions are used to return a value.

• Example: If you have a procedure...read more

Important points for package include customization, integration, user training, and support.

• Customization to meet specific business requirements

• Integration with other systems for seamless data flow

• User training to ensure effective utilization of the package

• Ongoing support for troubleshooting and updates

Tables from AR module in Oracle Financials

• RA_CUSTOMER_TRX_ALL

• RA_CUSTOMER_TRX_LINES_ALL

• AR_PAYMENT_SCHEDULES_ALL

• AR_RECEIVABLE_APPLICATIONS_ALL

• AR_PAYMENT_SCHEDULES_ALL