(1-50)

50問 • 7ヶ月前

問題一覧

One of your ABC.com co-workers, Tim, is working to define and develop Financial Statement Generator reports where the budget amounts and actual amounts would display on the report per period. Tim comes to you and says that he has defined an FSG report according to the client's requirements; the actual amounts are correctly shown, but the problem is that budget amounts are not showing up on the report. What is your response?

The budget name needs to be associated with the row set through control values.

Jason, the corporate controller of ABC.com where you are implementing Oracle General Ledger, Accounts Payable, an Accounts Receivable, is very excited about the Global Intercompany System (GIS). He wrote some notes from a conversation with his accounting manager about GIS. He wants you to validate which points he has written down about GIS are true. Identify Jason's three correct points. (Choose three.)

You can set up GIS so that the sender's transactions do not need to be approved by the receiver., Each company that uses GIS must be set up as a subsidiary that is associated with a balancing segment value., You can optionally send notifications to a defined user or responsibility when an intercompany transaction is initiated.

One of ABC.com's clients wants the ability to report with Financial Statements Generator (FSG) and perform account inquiry at the summary (business unit) level of its Cost Center segment. A business unit is a group of cost centers and a business unit manager typically has several cost centers under his or her responsibility. Which option will meet the client's requirements?

Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers, and Summary Accounts. Create FSG based on the parent cost center values or Summary Accounts.

Which report would provide information about the processing type (parallel or sequential) that may be defined for reports?

Content Set Summary Listing

After you determine your needs and organize your summary account structure, which General Ledger tools can you use to define parent-child values and rollup groups?

Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).

The Consolidation Workbench enables you to _____, _____, and _____. (Choose three.)

access the State Controller., create consolidations sets, which launch multiple consolidations in a single step., create multilevel hierarchies, which you can view using the graphical Consolidation Hierarchy Viewer.

ABC.com wants to define a consolidation process for its enterprise. It has two sets of books: Set of Books A and Set of Books B. Both sets of books will use Oracle General Ledger. Set of Books A has three companies with the same calendar and chart of accounts as Set of Books B. Set of Books A has USD as its currency. Set of Books B has four companies with the same chart of accounts and calendar as Set of Books A. Set of Books B has GPD as its currency.

Financial Statement Generator

You are implementing Oracle General Ledger at ABC.coms site. ABC.com is based in the US but has a global presence in many countries worldwide, and has transactions in multiple currencies. The implementation team decides that GL multi currency setup will be part of the implementation. The GL accountant approaches you to discuss multiple reporting currencies (MRC); he wants to implement MRC and link the primary set of books with the reporting set of books. Additionally, he says that the primary and reporting sets of books all have different calendars but share the same chart of accounts. What response do you provide?

The primary and reporting set of books must share the same calendar and chart of accounts.

ABC.com is a $2 million company operating from the U.S., and has one set of books. It is spinning off from its parent company and will be operating as an independent company. It is considering implementing Oracle Financials but wants the product to work exactly in the same way as its legacy systems from its parent company. What considerations should be presented to ABC in order for it to make a well-informed decision? (Choose all that apply.)

Patching is simplified on a non-customized Oracle implementation., Adding customizations to replicate the legacy system could increase cost of future upgrades., Integration issues between modules are reduced when there are no customizations.

Identify the two setups that control the defaulting of Tax Information on a journal entry. (Choose two.)

Set of Books , Account

During a period, several preapproved batches of miscellaneous transactions were entered and released. The project manager informs you that he is unable to view the accounting in the expenditure inquiry form. Which process was likely omitted?

distribute costs

What are the possible posting options in Oracle General Ledger?

Post Journal batches individually Post multiple batches Use AutoPost

You are implementing Oracle General Ledger at a ABC.com site. ABC.com is based in the US but has a presence in many countries worldwide, and has transactions in multiple currencies. The implementation team decides that GL multi currency setup will be part of the implementation. John, a junior consultant helping you in the implementation effort, comes to you and says that he is testing the system and entering journals in US dollars, yen and euros. He says that he is able to enter the journals in US dollars and euros, but cannot enter the journals in Japanese yen. What possible explanation can you provide to John for this?

Yen currency has not been enabled.

ABC.com has offices around the world, spread across different legal entities. ABC.com is implementing Oracle General Ledger. Its accounting department wants to know how to reduce the burden of elimination entries. What do you recommend?

Recurring Journals

ABC.com has many Financial Statement Generator reports created to produce Profit & Loss statements and Balance Sheet reports. Occasionally ABC.com has a need to run a report that is slightly different than the standard ones that are already created. Which two types of changes could XYZ make using the Row Order feature? (Choose two.)

display segment values and descriptions, sort based on column values

ABC.com has two diverse business operations in retail stores and services. It has five legal entities in Canada and five in the United States for both operations. The fiscal year end is the same for all the legal entities with 12 monthly periods. However, ABC.com wants to use a 4-5-4 accounting calendar for its retail operations and a calendar-month accounting calendar for the services operations. ABC.com also wants to use a single chart of accounts structure. Which five items must ABC.com define to meet the minimum setup steps that are required for the sets of books for all legal entities? (Choose five.)

two accounting calendars, four sets of books, chart of accounts structure, period types or use seeded ones, one accounting calendar

After creating a number of Financial Statement Generator reports, ABC.com wants a list of the definitions for one specific account. Which report should be run to provide that information?

FSG: Where Used Report

Exhibit: You work as a DBA for ABC.com. Please study the exhibit carefully. GL Consolidation: Preserve Journal Batching is set to Yes. GL Consolidation: Preserve Journal Effective Date is set to Yes. What would the result be?

1, 3, 4

ABC.com is a national company with five divisions that share the same set of books. Select the statement that best describes the consolidation process for ABC Corporation.

Enter eliminating journals and run financial reports.

ABC.com, the GL accountant, comes to you and says that he has defined the budget, and budget amounts have been entered and approved by management. After approval he wants his assistant accountants to NOT be able to update this budget. What is your response?

If the client wants to do this, then the budget status should be Frozen.

Which two are true statements regarding elimination? (Choose two.)

You must specify an elimination company in the Elimination Sets window., Currency is an optional component when defining an elimination set.

What is the effect of summary accounts on the efficiency of the posting process?

should share the same period.

When you enter a journal, the journals in that batch _____.

should share the same period

To review available Financial Statement Generator elements, which two reports would be helpful? (Choose two.)

Column Set Summary Listing, Row Set Detail Listing

Recurring Journals

Oracle General Ledger provides a variety of ways to get information from reports and queries. What can you do using standard reports that you cannot do using on-line queries? (Choose all that apply.)

group reports into report sets, view non-financial information

Which statement is correct about the differences between the functionalities of parent accounts and summary accounts?

Summary accounts balances can be viewed in the Account Inquiry form, whereas parent accounts balances cannot be viewed in that form.

Which two statements correctly describe the translation process? (Choose two.)

You can rerun the translation process more than once per period., Translation for a subsidiary can be initiated from the parent using the State Controller Translate button.

For each subledger there should be one _____.

Journal Source

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

Update Period

ABC.com would like a consolidation process to consolidate operations in the UK and US. ABC.com requires a summary of transactions from both companies. Company 01 is located in Chicago; Company 02 is located in London. Both companies share only the same calendar. Which actions should be considered when defining the consolidation process for ABC.com? (Choose all that apply.)

Define a consolidation process using the Global Consolidation System by defining Parent Company 90 to consolidate data from Company 01 and Company 02., Define an elimination set to include a group of related elimination entries., Define mapping rules to map Company 01 and Company 02 to Company 90

A manager at ABC.com wants to review the cash balance by company. He has asked you to create the summary account template. ABC.coms accounting flexfield has four segments: Company (5 values) Cost Centers (30 values) Region (4 values) Account (180 values) The total number of cash accounts is 5, which are associated with 2 parents: 3 accounts are associated with the parent called Checking. 2 accounts are identified with the parent called Savings. To combine the Cash parents, you created a rollup group named Cash. How many accounts would the summary account template generate?

ABC.com wants to have 16 accounting periods that include an adjusting period for each quarter in its 4-5-4 accounting calendar. Its fiscal year end is March 31. The normal month end is on a Friday, but the last day of each quarter is always on the last day of the quarter's final calendar month. Choose the remaining setup for the calendar to meet the requirement.

Define 12 monthly periods based on the 4-5-4 calendar ending on the last Friday of each month, except for the last month of each quarter ending on the last day of the month. Define an adjusting period for each of the last day of the quarter.

ABC.com wants to compare actual amounts against their budgeted amounts. Which reporting or query options would provide that detail? (Choose two.)

On-line Account Inquiry, Financial Statement Generator

Your subledger accountants are attempting to import their journals to the general ledger at the end of the period. The journal import processes are completing with a warning and no journals are being generated. Which three steps would you take to troubleshoot this condition? (Choose three.)

Confirm that data was sent from the subledger., Verify the output of the Journal Import request, Run journal import with all group IDs.

Which item CANNOT be queried in the Find Consolidation Process window?

Parent Calendar

ABC.com, the GL accountant, is preparing a PowerPoint presentation for the accounting staff to explain the steps for creating mass allocation journal entries. Which five steps should Tess include in his presentation? (Choose five .)

validate mass allocation definition, create mass allocation definition, post journal entries, generate mass allocation journals, review journal entries

Which rule has to be applied when using summary accounts to create a Mass Allocation journal?

Constant (C) must be assigned to each rollup group used in the formula line.

ABC.com wants to use one set of books for its many subsidiary companies in Canada that will share the global chart of accounts structure and the Corporate Accounting Calendar. The controller is concerned about users charging to the wrong company when entering a journal entry. Which setup would address the controller's concern?

Segment security rules would prevent users from seeing companies that they are not supposed to see.

ABC.com, a Canadian subsidiary of a U.S. company, wants to have an adjusting period in addition to its 12 calendar month accounting periods. Its fiscal year end is March 31. It will use foreign currency translations for its financial reports to the U.S. parent company, beginning April 2006. The company wants to use accounting period names that show the calendar year, not fiscal year. It plans to go live beginning April 1, 2006 with conversion of 1 year historical GL balances (fiscal year ending March 31, 2006). Choose the most appropriate accounting calendar setup.

Period Type: Calendar. Accounting periods named: Apr-05 through Mar-07, with two adjusting periods named Adj-06 and Adj-07.

What are three benefits of using the Journals Import: Group By Effective Date profile option? (Choose three.)

Make daily updates to daily business intelligence., Account for business transactions by effective date or by accounting date., facilitates financial auditing and compliance with the new Sabanes-Oxley Act

The clients GL accountant ABC.com 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 grayed out in the Enter Journals form, and the supervisor has not received a notification requesting the approval. What do you suggest as the possible cause for this problem?

Budgetary control has been enabled for the set of books, and funds have not been reserved for the journal.

ABC.com is a global company based in the United States with divisions in North American, Europe and Asia. All of the 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?

Revalue foreign currency balances.

Which reports would be appropriate as part of a financial month-end close? (Choose all that apply.)

Account Analysis, Trial Balance - Detail

ABC.com wants to define a consolidation process for its enterprise. It has two sets of books: set of books A and Set of Books B. Both sets of books will be defined in Oracle General Ledger. Set of books A will have three companies with the same chart of accounts as set of books B. Set of books A will have USD as its currency. Set of books B will have four companies with the same chart of accounts and different calendar as set of books A. Set of books B will have GPD as its currency.

Global Consolidation System

ABC.com has a requirement that all budget entries are made through journals. Where would you set this up?

Set of Books

In which three ways do sub-ledgers transfer information into General Ledger? (Choose three.)

Detail Journals, Summary Journals, Batch Transfer

Which four are valid consolidation tools?

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

In the course of implementing General Ledger, you and your customer have created a number of Financial Statement Generator reports in a test environment. They have been tested and you are now ready to create these same reports in a production environment. You want to run the Financial Statement Generator transfer program. What is the minimum necessary to run this program? (Choose two.)

Same set of books must be defined., Database links must be defined.

Which subledger transfers journal information directly to General Ledger to create an unposted journal entry?

Assets

(51-100)

ユーザ名非公開 · 50問 · 7ヶ月前

(51-100)

50問 • 7ヶ月前

ユーザ名非公開

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

(151-200)

(151-200)

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

ユーザ名非公開

問題一覧

The budget name needs to be associated with the row set through control values.

Which report would provide information about the processing type (parallel or sequential) that may be defined for reports?

Content Set Summary Listing

After you determine your needs and organize your summary account structure, which General Ledger tools can you use to define parent-child values and rollup groups?

Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).

The Consolidation Workbench enables you to _____, _____, and _____. (Choose three.)

Financial Statement Generator

The primary and reporting set of books must share the same calendar and chart of accounts.

Identify the two setups that control the defaulting of Tax Information on a journal entry. (Choose two.)

Set of Books , Account

distribute costs

What are the possible posting options in Oracle General Ledger?

Post Journal batches individually Post multiple batches Use AutoPost

Yen currency has not been enabled.

Recurring Journals

display segment values and descriptions, sort based on column values

two accounting calendars, four sets of books, chart of accounts structure, period types or use seeded ones, one accounting calendar

After creating a number of Financial Statement Generator reports, ABC.com wants a list of the definitions for one specific account. Which report should be run to provide that information?

FSG: Where Used Report

1, 3, 4

ABC.com is a national company with five divisions that share the same set of books. Select the statement that best describes the consolidation process for ABC Corporation.

Enter eliminating journals and run financial reports.

If the client wants to do this, then the budget status should be Frozen.

Which two are true statements regarding elimination? (Choose two.)

You must specify an elimination company in the Elimination Sets window., Currency is an optional component when defining an elimination set.

What is the effect of summary accounts on the efficiency of the posting process?

should share the same period.

When you enter a journal, the journals in that batch _____.

should share the same period

To review available Financial Statement Generator elements, which two reports would be helpful? (Choose two.)

Column Set Summary Listing, Row Set Detail Listing

Recurring Journals

Oracle General Ledger provides a variety of ways to get information from reports and queries. What can you do using standard reports that you cannot do using on-line queries? (Choose all that apply.)

group reports into report sets, view non-financial information

Which statement is correct about the differences between the functionalities of parent accounts and summary accounts?

Summary accounts balances can be viewed in the Account Inquiry form, whereas parent accounts balances cannot be viewed in that form.

Which two statements correctly describe the translation process? (Choose two.)

You can rerun the translation process more than once per period., Translation for a subsidiary can be initiated from the parent using the State Controller Translate button.

For each subledger there should be one _____.

Journal Source

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

Update Period

ABC.com wants to compare actual amounts against their budgeted amounts. Which reporting or query options would provide that detail? (Choose two.)

On-line Account Inquiry, Financial Statement Generator

Confirm that data was sent from the subledger., Verify the output of the Journal Import request, Run journal import with all group IDs.

Which item CANNOT be queried in the Find Consolidation Process window?

Parent Calendar

validate mass allocation definition, create mass allocation definition, post journal entries, generate mass allocation journals, review journal entries

Which rule has to be applied when using summary accounts to create a Mass Allocation journal?

Constant (C) must be assigned to each rollup group used in the formula line.

Segment security rules would prevent users from seeing companies that they are not supposed to see.

Period Type: Calendar. Accounting periods named: Apr-05 through Mar-07, with two adjusting periods named Adj-06 and Adj-07.

What are three benefits of using the Journals Import: Group By Effective Date profile option? (Choose three.)

Budgetary control has been enabled for the set of books, and funds have not been reserved for the journal.

Revalue foreign currency balances.

Which reports would be appropriate as part of a financial month-end close? (Choose all that apply.)

Account Analysis, Trial Balance - Detail

Global Consolidation System

ABC.com has a requirement that all budget entries are made through journals. Where would you set this up?

Set of Books

In which three ways do sub-ledgers transfer information into General Ledger? (Choose three.)

Detail Journals, Summary Journals, Batch Transfer

Which four are valid consolidation tools?

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

Same set of books must be defined., Database links must be defined.

Which subledger transfers journal information directly to General Ledger to create an unposted journal entry?

Assets