(151-200)

50問 • 7ヶ月前

問題一覧

The ABC.com Corporation has five segments in its accounting flexfield. For a special Profit and Loss report, they want to sort by the fourth segment, which is product. In which definition would this be done?

Row Order

ABC.com, the GL accountant comes to you and says that to minimize maintenance efforts, disabled account code combinations should be automatically deleted from budget organization periodically. At the same time, if new account code combinations have been defined, then these should be automatically added. What is your response?

To do this, automatically run the Maintain Budget Organization program periodically.

What is a benefit of the secondary tracking segment?

More details are provided to retained earnings, cumulative translation adjustments, and revaluation gains/losses accounts.

Isa Global Inc. is based in the United States with divisions in Europe and Asia. All journal imports, recurring journals, mass allocations, and manual journal entries have been posted for their European subsidiary. What is the next logical step in the period-close process?

revaluing foreign currency balances

Select two actions that ledger sets permit. (Choose two.)

viewing account balances for multiple ledgers in one view , grouping multiple ledgers that share the same chart of accounts and calendar

Select three activities that must be performed to complete the setup of the key accounting flexfield. (Choose three.)

Define a value set. , Define an account structure. , Define valid segment values.

Which two statements are true about the reporting currency in Oracle General Ledger? (Choose two.)

It is an integrated extension of a ledger. , It replaces multiple reporting currencies.

Identify the four setup options that control supplier defaults. (Choose four.)

financial options , payables options, purchasing options , Payables system setup

Identify three ways that an invoice can be submitted for validation. (Choose three.)

online by clicking the Validate button in the Invoice Batches window , in batch by submitting the Payables Invoice Validation program from the Submit Request window , online by selecting either the Validate check box or the Validate Related Invoices check box in the Invoice Actions window

You are working on an implementation for Accounts Payable for ABC Inc. Your client has three requirements: 1. They want to be able to pay only certain types of suppliers by batch. 2. Each payment batch must be under $100,000 USD, or the batch automatically gets canceled without user intervention. 3. Each single payment for a supplier site must be between $10 USD and $10,000 USD, or the payment is automatically not issued. To meet the above requirements, you perform these steps: a) Set up suppliers with pay groups for each type, and use them when running the payment batch. b) Set up the payment batch with Maximum Outlay equal to $100,000 USD. c) Set up the payment batch with Maximum/Minimum payments as $10 USD and $10,000 USD. Which requirements have you met?

1 and 3

Payables lists four seeded payment methods. They are check, outsourced check, electronic, and wire. Choose the correct description for wire.

a funds transfer initiated by contacting the bank and requesting wire payment to the bank of a supplier

With Oracle Cash Management, you can reconcile payments created in Payables to your bank statements. When you reconcile payments using Oracle Cash Management, Cash Management updates the status of payments. Select the new status.

reconciled

Which event reverses an accrual for an item set to accrue on receipt?

matching an invoice in Payables to a purchase order

Identify three setup options that are defined in the Financial Options window. (Choose three.)

retainage , miscellaneous , expenses clearing

Select two actions available in Oracle General Ledger. (Choose two.)

importing data from subsidiary ledgers , consolidating balances from multiple ledgers

Which module of Oracle E-Business Suite Release 12 sends revaluation and accrual entries to General Ledger?

Oracle Treasury

Identify the different types of data that can be processed using the GL Interface. (Choose three.)

budget , statistical , intercompany

Choose the reason why Tina is unable to view the subledger entries from Oracle Payables in the Oracle General Ledger module. She has run the transfer program that completes successfully.

Journal Import is not submitted.

ABC Corporation has five companies, which operate in different industries. Each company has a different ledger-processing option that is industry specific. Choose the number of primary ledgers that are required to be defined.

five

Choose three tables that will be populated when the Journal Import process is run with the option to post set as "Yes." (Choose three.)

GL_JE_LINES , GL_JE_BATCHES , GL_JE_HEADERS

Select three levels where additional reporting currency representations can be maintained. (Choose three.)

journal , balance , subledger

You are implementing Oracle General Ledger at a client site. The client is based in the US, but they have a global presence in many countries and transactions in multiple currencies. The implementation team decides that the Oracle General Ledger multi-currency setup will be a part of the implementation. The client's Chief Financial Officer wants a system that has these features: 1. Enter transactions and reports in any currency. 2. Enter exchange rates online or automatically. 3. Calculate realized and unrealized gains and losses. IV. Translate actual and budget balances. 4. Produce foreign currency financial statements and reports. Which requirements can be satisfied with the implementation?

All requirements from 1 through 5 can be satisfied.

Identify three statements that are correct for the multi-currency functionality of Oracle General Ledger. (Choose three.)

Enter transactions and reports in any currency. , Enter exchange rates online and automatically. , Use daily, period end, average, and historical rates.

Which three are the benefits of the Currency Rates Manager in Oracle General Ledger? (Choose three.)

You can maintain daily rates and historical rates more easily. , You get improved efficiency with the help of the spreadsheet interface. , You can maintain consistency among different currency conversion rates.

John, the rates manager at ABC Company in the USA, is in charge of maintaining currency rates for the entire company. John had defined the rates for GBP to USD and GBP to Indian Rupee (INR) only. Sam, the company accountant, is worried that he would not be able to execute transactions involving USD and INR currencies. What does John say to help Sam?

Currency Rates Manager automatically performs the calculation between USD and INR on the basis of cross-rate rules.

Scott, the CFO at ABC Company in the USA, wants to present the annual income statement to the board of directors of the company. ABC Company engages in many exports and import activities and follows the policy to revalue all its transactions in foreign currency with the current market rates. Scott requests George, the head accountant of the company, to revalue all foreign currency transactions done during the year. Select two prerequisites that George must comply with to ensure that the revaluation is done as desired. (Choose two.)

Define accounts for unrealized gains and unrealized losses. , Define a revaluation rate for each currency for each period or date for which the revaluation must be run.

ABC Company in India imports baking equipment from XYZ Company in the USA. There is an outstanding invoice of $1,000,000 to be paid in two months. The USD-to-INR rate when the transaction was done was 47.5. Now the USD-to-INR rate has changed from 47.5 to 40.5. Jack, who is a treasury analyst at ABC Company, reviews the transactions and comes to a conclusion. Select two correct conclusions arrived upon by Jack. (Choose two.)

XYZ Company is not impacted at all by this rate change. , ABC Company has a positive impact by this rate change.

Select two statements that are correct for the secondary tracking segment. (Choose two.)

Any segment, except the natural account segment or the balancing segment, can be specified as the secondary tracking segment. , This segment will be paired with the balancing segment when generating account balances for retained earnings account, unrealized gains or losses account, and the cumulative translation adjustment account.

Identify four consolidation tools. (Choose four.)

Interface Data Transformer , Global Consolidation System , Financial Statement Generator , Applications Desktop Integrator

Identify two correct statements about the consolidation feature of Oracle General Ledger. (Choose two.)

You can maintain multiple companies with similar or different accounting structures and consolidate their results for meaningful financial reporting., Both budget and actual balances can be consolidated.

ABC Company in the United Kingdom has three subsidiaries in three different countries. It consolidates the accounts of all subsidiaries and the headquarters by using the average balances. John is new to Oracle General Ledger. He has just joined ABC Company. He needs to consolidate for the current month. On completion of the consolidation, John was not able to tally the consolidated figures with the ledgers. Select two reasons why John failed to see the correct balances. (Choose two.)

Posting of the consolidation journals may have failed. , John may not have reversed the prior periods consolidation in the current period.

Select two restrictions that apply to consolidating budget balances. (Choose two.)

If the source and target budgets do not share the same start period, you must consolidate a specific period to a specific period. , If the source and target budgets do not share the same calendar, you must consolidate a specific period to a specific period.

Select three statuses of the consolidation workbench. (Choose three.)

posted, reversed, transferred

Select three statements that apply to Interface Data Transformer (IDT). (Choose three.)

It ensures reapplication of the same rules each time you transfer. , User-defined conditions enable you to control when transformation rules must be applied. , IDT provides automatic data conversion that converts disparate data formats into an Oracle format.

Flavour Inc. in the United Kingdom has a subsidiary in India known as Spices Inc. Flavour Inc. has a four-segment chart of accounts, whereas Spices Inc. has a five-segment chart of accounts. Select three statements that apply to consolidating ledgers with different charts of accounts. (Choose three.)

Only one action can be defined per parent segment. , Consolidations based on segment rules process faster. , A segment rule action must be defined for each segment in the parent chart of accounts.

Which two are true about elimination? (Choose two.)

You can define balancing options for eliminating entries. , You can define an elimination set to contain one elimination entry.

All manual journal entries are defaulting to a non-current period. Which step was omitted from the accounting cycle?

updating the period

Select the correct sequence of tasks required for period closing in Oracle General Ledger. 1. Verify that all journals are posted. 2. Close the period of each subledger. 3. Run the Trial Balance report and other month-end reports. 4. Close the period and open the next period. 5. Perform reconciliation of subsidiary ledgers. 6. Transfer and import data from all subledgers.

6, 5, 2, 1, 3, 4

You have a new employee in the buying department. She set up a number of item numbers and chose not to flag them for invoicing. Several transactions have been completed in Order Management by using these new item numbers. What effect would this event have on the Receivables closing process?

The transactions would be flagged as exceptions.

Which four attributes are validated during the Journal Import process? (Choose four.)

period, balanced journal , cross-validation rule , account combination

Identify two types of inquiries that are possible on ledger sets. (Choose two.)

an account inquiry on ledger sets to view actual accounts balances across multiple ledgers that are assigned to a ledger set , an account inquiry on ledger sets to view encumbrance account balances across multiple ledgers that are assigned to a ledger set

Your client is in the process of closing its first year-end. The client completed the accounting cycle and found that several income statement accounts have a remaining balance. What would be the likely cause of these remaining balances?

Natural accounts were defined with an incorrect account type.

Identify the three reports that can be processed using the State Controller window. (Choose three.)

Consolidation Audit, Consolidations Journal , Consolidation Exceptions

Your client is closing its first period. The client completed the accounting cycle for each of the subsidiary books. Its staff has called you to troubleshoot its process because the consolidation did not produce any data. Select two steps that you would perform to identify the error. (Choose two.)

Evaluate the mapping settings. , Review the GL_Interface tables.

ABC Company wants to compare consolidated actuals against consolidated budgeted amounts. Identify the two steps that must be performed to provide ABC Company with this information. (Choose two.)

Execute an online account inquiry. , Run financial statement generator reports.

Identify what three considerations must be executed before creating a report by using the financial statement generator. (Choose three.)

Determine the data to be reported. , Define attributes for rows and columns. , Decide which rows and columns will make up the report.

Which two actions would you perform by using the column set builder function? (Choose two.)

creating the format mask , defining calculations in the new column

Select two steps that are NOT elements of creating a Financial Statement Generator (FSG) report in Oracle General Ledger (Choose two.)

Attach the fiscal calendar. , Specify the default ledger for ledger sets.

the course of implementing Oracle General Ledger, you and your customer have created a number of Financial Statement Generator reports in a test environment. These reports have been tested and you are now ready to create them in your production environment. You are ready to run the FSG Transfer program. What two requirements are necessary to run this program? (Choose two.)

Database links must be defined. , The same ledgers must be defined in both instances.

XYZ Corporation has five segments in its accounting flexfield. For a special profit-and-loss report, they want to sort by the fourth segment, which is "product." Select the element that would meet this need.

row order

(1-50)

(1-50)

(51-100)

(51-100)

Mock 1

ユーザ名非公開 · 100問 · 7ヶ月前

Mock 1

(101-150)

(101-150)

Mock 2

ユーザ名非公開 · 100問 · 7ヶ月前

Mock 2

151-175

151-175

176-200

176-200

200-240

200-240

240-300

240-300

Final Mock (All)

ユーザ名非公開 · 300問 · 7ヶ月前

Final Mock (All)

300問 • 7ヶ月前