200-240

42問 • 7ヶ月前

問題一覧

Identify two true statements about using column sets in an FSG report. (Choose two.)

Formats can be set for each column. , Calculations can be performed by using columns.

During a pilot run of Financial Statement Generator reports, the report output displayed credit amounts as negative numbers. The customer requires the credit amounts on the reports to be positive instead of negative. Identify the solution that must be implemented to meet the customer's requirements.

Select the change sign check box for the related row or column definition.

You have been hired to implement Oracle General Ledger at XYZ Company. They want to have four legal entities to support operations in the US (East), the US (West), the UK, and France. The chart of accounts and accounting calendar are similar for all entities except France. Only the UK operations want to enable average balances and journal approvals. What would be the minimum number of setups needed to meet this need?

three

Choose the maximum number of secondary ledgers that can be assigned to a primary ledger.

unlimited

John has created two ledgers: one primary and one secondary. The primary ledger stores transactional data and the secondary ledger stores only adjustments. The secondary ledger shares the same chart of accounts, accounting calendar or period-type combination, and currency as the associated primary ledger. John wants to obtain a complete accounting representation that includes both transactional data and adjustments while running reports. Identify the best option.

Use ledger sets to combine the adjustments-only secondary ledger with the primary ledger when running reports.

ABC Enterprise has operations in the US and its headquarters in the UK. They share the same chart of accounts, accounting calendar, accounting method, and ledger-processing options. UK management requires reporting on receivables from its US operations in GBP each month. Identify the best option for the US operations to report to their parent.

Create a subledger-level reporting currency.

ABC Enterprise has operations in the US, France, and Italy. The US, France, and Italy operations have separate legal and statutory requirements. The tax requirements also differ for each country. Identify the action you would perform to set up Oracle General Ledger.

Create a separate legal entity and accounting setup for each operation.

XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia, the UK, and China. The Australian and the US operations can share the same chart of accounts segments, and the UK and China operations can share the same chart of accounts segments. All operations share the same calendar or period-type combination, but not the currency. Each country requires that a separate accounting data be maintained. Identify the number of legal entities to be created and the number of accounting setups.

Create four legal entities and four accounting setups.

ABC Enterprises has operations in the UK, France, the US (West), and the US (East). The US (West) has budgetary control enabled and the US (East) requires approvals for journals. All operations share the same chart of accounts, accounting calendar, and subledger accounting method. The US (West) and the US (East) operate on the USD currency. The UK's currency is GBP, whereas France operates on the EUR currency. Identify the least number of legal entities and accounting setups to be created.

4 legal entities and 4 accounting setups

Select three criteria that are required to assign multiple legal entities to the same accounting setup. (Choose three.)

have similar ledger processing options , open and close periods simultaneously , operate in a country that allows multiple legal entities to share the same primary ledger and ledger attributes

The accounting setup process in Oracle General Ledger consists of three main steps. (Choose three.)

Update accounting options. , Complete the accounting setup. , Create an accounting setup structure.

Select two statements that are true about ledgers in Oracle General Ledger. (Choose two.)

Each accounting setup requires a primary ledger. , Each accounting setup optionally requires one or more secondary ledgers and reporting

You are implementing Oracle General Ledger at ABC Enterprises. ABC Enterprises is a legal entity and must perform corporate and statutory reporting. It operates in a country that requires companies to have two complete ledgers: one for statutory reporting and another for corporate reporting. Identify the best option for primary and secondary ledgers.

Use the primary ledger to satisfy corporate reporting requirements, and then use a secondary ledger to satisfy statutory reporting requirements.

Select two valid statements that apply to chart of accounts structures for a global company. (Choose two.)

A segment of different chart of accounts structures can share the same value set. , A global chart of accounts is possible only if all sets of books for companies worldwide use the same chart of accounts structure.

You have been asked to demonstrate the basic functionality of Oracle General Ledger with a ledger that reflects XYZ Company's business. Select four data elements that you would need to obtain from XYZ Company to create a ledger for your demo. (Choose four.)

the retained earnings account , the base (functional) currency of the company , the accounting calendar with periods and the fiscal year-end , the company organization structure for the chart of accounts

Your client wants to report with Financial Statements Generator (FSG) and perform account inquiry at the summary (business unit) level of the 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?

defining parent cost centers and a hierarchy of parent/child cost centers; defining rollup groups for the parent cost centers, and summary accounts; creating FSG based on the parent cost center values or summary accounts

XYZ Company is implementing Oracle General Ledger. They want to record and report on expenses by cost center. Identify three segments that must be defined for XYZ Company's accounting flexfield.(Choose three.)

account, balancing, cost center

Identify three ways in which subledgers transfer information to General Ledger. (Choose three.)

batch transfer , detail journals , summary journals

report is automatically created. Identify three components on which the Create Journal Entries Execution report reports. (Choose three.)

Budget Journals , Payables encumbrance entries , Purchasing encumbrance entries

For each subledger, there must be one _____.

journal source

A reversing journal entry can be posted into _____.

a current or any future open period

The fiscal year of XYZ Inc. is the calendar year. Before closing the Mar-05 period, a GL user notices that an entry related to the Dec-04 period has not been entered. Dec-04 has a closed status. Now that the user has all the approvals, he or she wants to know how to enter and post the journal in GL, ensuring that all balances are reflected correctly. What must the user do?

Open Dec-04; enter and post the journal; run the Trial Balance report; close the period.

Select two components that are required to create the accounting setup by using Accounting Setup Manager. (Choose two.)

subledger accounting method, ledgers

Choose three required steps while performing the accounting setup in the Accounting Setup Manager. (Choose three.)

Update accounting options. , Complete the accounting setup. , Create the accounting setup structure.

Identify two places where you can define a legal entity. (Choose two.)

Legal Entity Configurator , Accounting Setup Manager

The Health Department of the United Kingdom is using the cash basis of accounting. After the recent elections, the new government has decided to implement Oracle General Ledger. They want to change the accounting method to accrual basis. However, they also want to maintain the cash basis of accounting for reporting purposes. As an implementation consultant, what one recommendation would you make to meet the above requirement?

Create a primary ledger with standard accrual, and the secondary ledger with the standard cash methods.

XYZ Limited has hired Jack as the Oracle General Ledger implementation consultant. Select three steps that are required for creating a new accounting structure. (Choose three.)

Assign legal entities. , Save the accounting structure. , Define accounting representations.

Scott is implementing Oracle General Ledger for ABC Corporation. He needs help as he creates the accounting setup. Which two are true for the creation of the accounting setup? (Choose two.)

Before completing the accounting setup, secondary ledgers and currency can be deleted. , A calendar cannot be assigned if it contains gaps between periods or it does not have a full fiscal year defined.

You are hired to implement Oracle General Ledger at Active Corporation. It has two offices: in the US (East) and the US (West). They have one primary ledger for their US operations. They want to maintain an additional ledger for management reporting and analysis purposes. They want all their department managers in the US to use the additional ledger to book internal management adjustments that are not published in their financial statements. Choose two statements that are true in the given scenario. (Choose two.)

Assign an adjustment-only ledger to the existing accounting setup for the US legal entities. , Use ledger sets to combine primary and secondary ledgers to get the complete management

ABC Systems is headquartered in Toronto with a branch in New Delhi. The Toronto office uses a weekly calendar, whereas the New Delhi office uses a monthly calendar. The GL journals of New Delhi must be reflected in Toronto's books. What conversion method would you use?

Use journal-level secondary ledger conversion.

ABC Corporation is headquartered in New Delhi with an office in Mumbai. They share the same chart of accounts, calendar, and currency. The Mumbai ledger contains manual adjustments and automated adjustments. The New Delhi office does not need a complete ledger to perform management or statutory reporting. Which four statements are true in the given scenario? (Choose four.)

The Mumbai ledger is an adjustment-only secondary ledger. , Perform all adjustments in the Mumbai ledger. , Perform all day-to-day transactions in the New Delhi ledger. , Use ledger sets to combine transaction data and adjustment data.

In the context of adding, deleting, and disabling secondary ledgers, select two valid statements. (Choose two.)

The subledger accounting method must not be assigned if defining an adjustments-only secondary ledger for manual adjustments in General Ledger. , The subledger accounting method must be assigned to both primary and secondary ledgers to use the adjustments-only secondary ledger for both manual and automated adjustments from subledger accounting.

1. suspense account - suspense posting 2. reserve for encumbrance account - exchange rate gain/loss 3. non-postable net income account - average balance processing 4. ledger currency balancing account - for using Oracle subledgers and balance subledger journals by the entered currency and balancing segment value 5. entered currency balancing account - for using Oracle subledgers and balance foreign currency subledger journals by the ledger currency and balancing segment value Identify two correct mappings of accounts. (Choose two.)

1, 3

To achieve the maximum summary account functionality for total (T), how must the value sets for each segment of the accounting key flexfield be set?

The format type must be set to character, and the additional option of numbers only must not be selected.

You need to verify that your system has enough resources to handle the volume of accounts that would be generated by the summary account template. The template has been designed as follows: D-Region-D The first segment is company, which has ten values. The second segment is division, which is represented by the rollup group region. It has six parent values. The last segment is account, which has 500 values. How many summary accounts would be generated by the template?

30,000

You have the following information: The Accounting flexfield structure is "company, department, product, account." Product has two rollup groups: domestic and international. Department has one rollup group: manufacturing. All accounting flexfield segment values can use alphanumeric characters. Which summary account template would Oracle General Ledger fail to create? (D: Detail)(T: Total)

D-D-D-D

A manager wants to review the cash balance by company. He has asked you to create the summary account template. The company's 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 five that are associated with two parents: Three accounts are associated with the parent called Checking. Two accounts are identified with the parent called Savings. To combine the cash parents, you create a rollup group named Cash. Which summary account template would you create to review the cash balances by company? (D:Detail) (T: Total)

D-T-T-Cash

When summary account templates are associated with the check-level advisory of budgetary control funds, what two actions must you perform? (Choose two.)

The amount type must be identified. , A debit or credit balance type must be assigned.

How do you know funds are available in the budgetary control summary account template?

when the debit balance type has a positive amount, and the credit balance type has a negative balance

When structuring the summary accounts hierarchy, what fact must you take into consideration?

You can drill down only on balances from the summary level to the lowest detail level, and not to intermediate detail levels.

What are the five steps for creating MassAllocation journal entries? (Choose five.)

posting journal entries , reviewing journal entries , generating MassAllocation journals , creating the MassAllocation definition , validating the MassAllocation definition

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?

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

(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

(151-200)

(151-200)

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