(need answers)oracle apps functional queries

Question

This is bhanu nice meeting you, recently i went to an interview there i 've faced the following queries i've answered the queries but i didn't satisfy with my brief explanations ,i need apt&elobarated answers/ reasons so in that regard i need your help so that it can be usefull to me, plz forward the answers to my mailid:[email protected]
These are the queries:
1.What is the difference between accounting calander & inventory calander?
2.Explain the Business process?
3.What is Business group ,and draw the multi_org structure?
4.How do you implement multi org in oracle apps and at what level you will set up your set of books in it?
5.What is the difference between multi org set up and single org setup explain it genuinely?
6.When do you define keyflexfield in GL,how many segments you can define in a keyflexfield ,if I want more than 30 segments what will I do?
7.Explain whole inventory process upto GL accounting transactions?
8.How inventory is get connected with purchase order explain?
9.Why should I define an item in the master item table only?
10.Explain purchase order process upto payments?
11.When do you raise the purchase order?
12.What are the prerequisites of supplier setup?
13.What is the difference between supplier bank account & customer bank account?
14.Explain the payables process?elobrately
15.How many payment terms are there in payables?
16.How many payment methods are there in payables?
17.When do you raise the debit memo in the payables module?
18.What will I do if I assign one set of book instead of other set of book in payables?
19.Explain the recivables process? Elobrately
20.How do we segregate debit & credit transactions in Receivables and where we will you do it?
21. what is transaction in AR ,and when do we raise it,?
22. when do we raise a p.o in purchase order module?
23.when do we raise an invoice in p.o and when do we match the p.o with invoce explain the process?
1. if i give u a blank instance how can you implement oracle apps financials on it starting with GL,AP,AR?
2. where do you convert stock rates in your oracle apps(gl)?
3.how many legal entities & operating units can we use at max and mini?
4. how many accounting types are there in receivables?
5. how do you close your payment date in payables widow without applying effective dates?
6.what are the testing & document types in AIM?and how many types are they?
7. how do you pay your payments from one currency to another in payables?

Answer 1

Hi this is Prabhu. im new to Oracle apps.. if you got answers for the above questions please forward it to my email id: [email protected]
It will be useful for me.
Thanks in advance,
Regards,
Prabhu.