Identify two correct statements about the consolidation feature of Oracle General Ledger. (Choose two.)
A. Both budget and actual balances can be consolidated.
B. Consolidation is possible only when the subsidiaries use multiple Oracle application instances.
C. You can consolidate balances only when there are separate ledgers for different companies.
D. You can maintain multiple companies with similar or different accounting structures and consolidate their results for meaningful financial reporting.
The client's GL accountant comes to you with a problem. A journal cannot be posted because it has not been approved. The preparer cannot submit the journal for approval because the Approve button is disabled in the Enter Journals form and the supervisor has not received a notification requesting the approval. What could be the possible cause for this problem?
A. The profile option GL: Allow Preparer Approval must be reset.
B. One of the GL account code combinations in the journal is invalid.
C. Authorization limits have not been defined properly and the GL period is closed.
D. Budgetary control has been enabled for the set of books and funds have not been reserved for the journal.
Oracle Payments is the central payment engine for Oracle E-Business Suite Release 12. Identify three modules that integrate with Oracle Payments. (Choose three.)
A. Assets
B. Payables
C. Receivables
D. Cash Management
E. Order Management
The Payments Manager in Oracle Payables is a module that comprises five components, and is used to create multiple payments.
Identify the one component that is NOT found in the Payments Manager.
A. refunds
B. payments
C. templates
D. payment instructions
E. payment process requests
F. payments dashboard (home)
There are numerous Oracle Modules that are integrated into or out of the Payables module.
Identify four Oracle modules that are directly integrated with Oracle Payables. (Choose four.)
A. Loans
B. Purchasing
C. Bill of Materials
D. E-Business Tax
E. Order Management
F. Cash Management
G. System Administrator
Identify two advantages of using Oracle Internet Expenses. (Choose two.)
A. It improves cycle times by routing expense reports via a workflow.
B. Expense reports that are entered using Internet Expenses are visible in Payables.
C. Enforcement of spending policy controls expenses, showing any policy deviations.
D. Expense report template attributes are defined in Internet Expenses to manage expense types.
Identify the two methods that are NOT used to enter invoice distributions. (Choose two.)
A. using a distribution set
B. creating through allocations
C. matching the invoice to a shipment
D. using the Distributions Open Interface
E. manually entering in the distributions window
XYZ Corp. has acquired ABC Corp. XYZ operates with Multi-Org Access Control. Consequently XYZ Corp. needs to add additional Operating Units. Identify the statement that describes the sequence for adding additional Operating Units.
A. It is not possible to add additional Operating Units.
B. Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
C. Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
D. Create the Operating Unit, run the Replicate Seed Data concurrent request, create new responsibilities as necessary, and set up the MO: Default Operating Unit profile option.
E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program,create new responsibilities as necessary, and set up the MO: Security Profile profile option.
Which two statements are true regarding ownership of shared entities? (Choose two.)
A. Items is owned by Oracle Purchasing, whereas Locations is owned by Oracle Receivables.
B. Suppliers is owned by Oracle Purchasing, whereas Units of Measure is owned by Oracle Inventory.
C. Ledger is owned by Oracle General Ledger, whereas Locations is owned by Oracle Human Resources.
D. Customers is owned by Oracle Human Resources, whereas Locations is owned by Oracle Receivables.
E. Sales Force is owned by Oracle Order Management, whereas Employees is owned by Oracle Human Resources.
Identify two values that the Reporting Level parameter can have when using cross organization reports with the Multi-Org Access Control feature. (Choose two.)
A. Ledger
B. Legal Entity
C. Operating Unit
D. Security Profile
E. Business Group
