240-300

58問 • 7ヶ月前

問題一覧

You are implementing Oracle E-Business Suite Release 12 General Ledger for ABC Corporation. Identify two setups required for journal approval. (Choose two.)

Enable the Journal: Allow Preparer Approval profile option. , Configure the GL journal approval process in Oracle Workflow Builder.

Jack is hired as an Oracle General Ledger implementation consultant for XYZ Corporation. Select two options that are necessary to enable journal approval. (Choose two.)

Journal Sources form , Journal approval on the Ledger Setup page

Which two are the mandatory flexfield qualifiers in Oracle General Ledger? (Choose two.)

balancing segment , natural account segment

Scott, a consultant with a leading consulting firm, is implementing Oracle General Ledger at a client site and is setting up FSG reports to be used by different users. One of the customer requirements is that all users with modify access must not be able to modify privileges on FSG reports. Identify the correct option to meet customer requirements.

Exclude the assign access function for those definitions from the user's responsibility.

The management segment qualifier must be attached to which key flexfield segment?

department segment

Sam, the CFO of XYZ Company, finds that in the expenditure budget of the current year, there are many funds available in the stationery account, whereas there is not much amount left for employee travel expenses. Sam instructs the budget analyst John to transfer 80% of the stationery account to the travel expenses account. While transferring the amount, John encountered errors and approached Sam for a resolution. Sam reviews the situation and clarifies it to John. Choose what Sam would have explained to John.

There must be some budgetary control enabled on the stationery account, and a transfer can be made only after a funds check.

The GL accountant has defined the budget and wants the assistant accountants to enter and update the budget. The GL accountant wants this budget to be the default. What would be your response?

If the client wants to do this, the budget status must be current.

Peter, the GL accountant, tells you that he has defined the budget and that the 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 would be your response?

Set the budget status to frozen to meet this need.

Jane, the GL accountant, asks you whether she could delete the budget after it has been defined. She also wants to know whether she could delete the budget organization after it has been defined. What would be your response?

You cannot delete a budget after it has been defined. However, you can delete a budget organization.

Jack, the CFO of ABC Company, wants to prepare the annual capital expenditure budget for the current year where the company plans to grow in the last quarter of the year. The capital expenditure budget is subdivided in multiple items, and the corporate calendar used at ABC Company has thirteen periods. Identify the three budget rules that Jack must use to minimize the effort. (Choose three.)

Use the divide evenly rule with the 4/5/4 spread. , Use the divide evenly rule with the 5/4/4 spread. , Use the divide evenly rule with the 4/4/5 spread.

Sam, the CFO of XYZ Company, wants to prepare the annual capital expenditure budget for the current year with reference to the capital expenditure budget of the previous year. The capital expenditure budget is subdivided into multiple items, and the corporate calendar used at XYZ Company has thirteen periods. Which budget rule must Sam use to minimize the effort.

prior year budget monetary and prior year budget statistical

Suppliers play an important part in the Procure-to-Pay process. Select three activities that you must perform using a supplier. (Choose three.)

You receive goods or services from suppliers. , You need supplier information for entering purchase orders. , You must pay the supplier for the goods or services purchased.

Purchasing has numerous activities that are performed as a key part of the Procure-to-Pay process. Select three activities that are performed in the Purchasing module that will integrate into Payables. (Choose three.)

creating purchase order detailed accounting information, performing receiving , creating purchase orders

Subledger Accounting is a rule-based accounting engine that centralizes accounting for Oracle E- Business Suite Release 12 products. Select the Oracle application that is NOT a Subledger Accounting module.

General Ledger

Oracle Payments is the central payment engine for Oracle E-Business Suite Release 12. Identify three modules that integrate with Oracle Payments. (Choose three.)

Payables, Receivables, Cash Management

There are five major business functions that occur sequentially during the natural flow of the Payables processes. Consider this list of five steps: 1. Invoice Payment 2. Invoice Validation 3. Invoice and Payment Accounting 4. Supplier Entry 5. Invoice Import/Entry What is the order in which these steps must be performed?

4, 5, 2, 1, 3

There are many fields with important data displayed on the main page of the Payables Overview window. Which three fields do NOT appear in the Payables Overview main window? (Choose three.)

Terms, Paygroup, Remit-To Bank Account Name

What are the three prerequisites for interfacing Payables invoice lines with Assets? (Choose three.)

The invoice has been transferred to General Ledger. , The invoice distribution has "Track as Asset" selected. , The distribution account is an Asset Clearing or CIP account.

Identify two events that take place when an invoice is matched to a purchase order. (Choose two.)

The quantity billed is updated. , The purchase order accounting information is copied to the invoice.

Identify the two invoice types processed by the Payables Open Interface process. (Choose two.)

standard, credit memos

Identify four interface tables that are available in Oracle Payables. (Choose four.)

Payables Open Interface, Suppliers Open Interface , Payables PCard Interface , Payables PO Matching Interface

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.)

Loans, Purchasing, E-Business Tax , Cash Management

Select three types of Payables open interfaces that will import data into Payables from other applications or third-party solutions. (Choose three.)

PCard Open Interface , Supplier Open Interface , Matching Open Interface

Identify three types of entities that can be defined and related to one another in Oracle Applications. (Choose three.)

ledger, legal entities , business groups

To set up and use Multiple Organization Access Control (MOAC) most effectively, you need to define three profile options. (Choose three.)

MO: Operating Unit , MO: Security Profile , MO: Default Operating Unit

Select four options that can be set at the supplier site level. (Choose four.)

surveys, tax details , accounting, bank details

You are at a client site that has thousands of suppliers in their current legacy system that will end up in the Oracle Production system. Before conversion, you must perform a supplier cleanup on these numerous names and sites. Which three naming conventions would you use for "Best Practices" during the supplier cleanup? (Choose three.)

Use Last Name, First Name to identify employees as suppliers. , Remove all punctuation marks (commas, periods, and so on) from the supplier name. , Use the exact spelling of a supplier name as it appears on the invoice for the naming convention.

You are on a phased-approach implementation. Payables and Purchasing are being implemented in Phase One, and Assets in Phase Two. Identify three choices in the process for the best way to discuss supplier naming conventions and supplier site naming conventions. (Choose three.)

Agree upon naming conventions. , Document conventions and obtain the sign-off by authorized approvers immediately. , Gather all interested parties for requirements-including Assets, Payables and Purchasing.

The rate variance Gain/Loss accounts specified in the Financial Options - Accounting region are used to account for _____.

exchange rate variance for inventory items in purchase orders and invoices

Client A has three legacy systems that contain this financial information: purchase orders, suppliers, receipts, invoices, accruals, and expense reports. The client must have much of this information loaded into Oracle Accounts Payable daily until they can effectively retire these three systems. Identify the best approach that involves minimal customization.

Develop custom interfaces for receipts and accruals, and use the invoice import process to bring in other information.

Company K has identified these business requirements for their Payables operations: 1. All invoices must be part of a batch. 2. Discounts must be taken in all situations. 3. Invoices must be numbered by the system. 4. Accounting entries must be created for all invoice types. 5. All credit memos above a certain dollar amount must be approved before entry. 6. Four-way matching is enforced. Select the profile option to be configured that will satisfy the above requirements.

AP: Use Invoice Batch Controls

ABC Corp. wants to allocate the gross amount of XYZ Co. invoices to fifty cost centers each time an invoice is received from them. The cost centers that are to be charged require minimal updating. Select the option you would recommend that requires minimal ongoing maintenance.

Create a distribution set for all the desired accounts and associate it to all new invoices for this supplier.

Company Z has implemented Payables, General Ledger, and Project Accounting. Both Transfer to GL and Interface Supplier Costs are processed each night. A descriptive flexfield called SAI Value conjunction with the accounting on the invoices. This is not a required field. There is a corresponding user-defined hold called SAI Hold, which is manually applied whenever an invoice is created and the SAI Value has not been provided to Company Z by the supplier. During weekly reviews of accounting, users have found that invoice transactions that are on SAI Hold are displayed in Project Accounting but not in General Ledger. Select what is causing this issue.

Accounting is not being created by the user-defined hold.

Select three invoice types that can be entered ONLY in the Invoice Workbench, and CANNOT be entered via the Invoice Gateway. (Choose three.)

debit memos , prepayments, PO default invoice

Identify the two methods that are NOT used to enter invoice distributions. (Choose two.)

matching the invoice to a shipment , using the Distributions Open Interface

Company XYZ has received an invoice that includes freight charges. They want to distribute the freight charges proportionately to the same accounts that were charged for the items. Identify the steps they need to follow to create the freight distributions.

In the Distributions window, click the Allocate button, identify the distribution type as Freight, select Prorate, and select the distributions to which freight charges would be allocated.

ABC Corp. requires that all invoices are matched to both a purchase order and a receipt. Invoice tolerances are set to zero. A standard purchase order is entered for consulting services. An invoice is entered and matched against a purchase order. The total invoice amount matches the distribution amount. When the steps to prepare the invoice for payment are completed, the invoice is placed on hold. The company's business policy states that all holds cannot be manually released. To pay the supplier, identify the step to be completed to remove the hold and be eligible for payment.

The service must be received in Purchasing because three-way matching is required.

Which two statements are true if you select the QuickMatch invoice type? (Choose two.)

Payables automatically completes the match to all available shipments on the purchase order. , Payables automatically creates invoice distributions on the basis of the purchase order distributions.

Which three are true regarding purchase order-matched invoices? (Choose three.)

You can set up controls in your system to require you to purchase order-match each invoice. , You can set an option on a purchase order shipment that controls whether invoices must match that shipment directly or through a receipt. , You set tolerances to specify the range of variance you will allow if the amounts or quantities on the invoice are greater than the amounts or quantities on the purchase order or receipt.

Client L has implemented Oracle Payables. They have been able to enter invoices and have them validated, but have been unable to create accounting entries. You have been asked to review the situation. Identify what could be causing this problem.

The Payables Accounting Process was not submitted.

Identify four functions of the Invoice Validation process. (Choose four.)

applying any required holds , releasing any qualifying holds , validating the General Ledger accounting information , ensuring that the total amount of all distributions equals the invoice total

A client has a requirement for their Payables application: 1) AP must automatically create balancing accounting entries for invoice and payment transactions by using the expense GL Account. 2) Stop the application of a prepayment amount to an invoice or expense report amount that is charged to a different balancing segment. Which two steps would satisfy both these requirements? (Choose two.)

Set the Automatic Offset Method to Account. , Enable the Prevent Prepayment Application Across Balancing Segments option.

Before you can pay or create accounting entries for an invoice, the Invoice Validation process must validate the invoice. After this process is run, there is data that cannot be updated, modified, or changed. Choose three data fields that cannot be updated, modified, or changed after the Invoice Validation process has run and this invoice has a prepayment applied to it. (Choose three.)

invoice date , trading partner , supplier number

Identify three invoice holds that cannot be manually released. (Choose three.)

Acct Hold Reason , Insufficient Information , Prepaid Amount Reason

You can hold the payment of an entire invoice or part of an invoice. This hold prevents a validated invoice from being selected in a Payment Batch, and paid. Identify the Payables window where you can select the Hold check box to place the invoice on a Payment Hold.

Scheduled Payments

Select the three windows where a user can manually release an invoice hold or payment hold. (Choose three.)

Holds, Actions, Scheduled Payments

Identify the item that requires approval through the workflow process.

invoices not matched to a purchase order

A client is implementing ACH and has a business requirement that all invoices go through an approval process flow. Identify three features of the Invoice Approval Workflow that would meet their requirement. (Choose three.)

has predefined criteria to identify which invoices require approval , provides automatic routing of invoices upon approval to another designated approver , provides time limits as to how long an invoice can remain unapproved before being automatically rerouted to the next approver

Identify three true statements about the invoice approval workflow. (Choose three.)

If an approver rejects the invoice, the Workflow program ends. , If an approver does not respond within the time you specify, then Workflow requests approval from that person's manager. , If an approver approves the invoice, the invoice goes to the next person in the approver list until all required people approve the invoice.

Using the Payables System Setup Options form, you can enable autonumbering for _____.

suppliers

Company ABC has decided to use the invoice approval workflow to require approval on all invoices. Select two exceptions where Payables automatically sets the approval status to not required. (Choose two.)

expense reports imported through the Payables Expense Report Import program , recurring invoices if the approval workflow option required was not enabled on the template

Identify four purposes for which the Special Calendar is used. (Choose four.)

payment terms , recurring invoices , Key Indicators Report , automatic tax withholding

Select four tips that can be used to speed up data entry. (Choose four)

Use quick invoices. , Use distribution sets. , Use recurring invoices. , Use keyboard shortcuts.

Identify three statements that properly describe the use of distribution sets. (Choose three.)

Assign a distribution set to an invoice when you enter it. , Assign a default distribution set to a supplier site, so Payables will use it for every invoice you enter for that supplier site. , Use a distribution set to enter distributions for an invoice automatically when you are not matching it to a purchase order.

ABC Corporation wants to convert from their existing legacy application to Oracle E-Business Suite Release 12. Identify three statements that are true for invoice conversion. (Choose three.)

Establish a cutoff date after which invoices will be entered in Payables. , Use Payables Open Interface to convert unpaid invoices and credit memos. , Develop metrics that will be used to determine whether data conversion was successful.

Company ABC has implemented Oracle Payables. They have decided not to define supplier bank accounts. They will use payment batches, quick payments, and manual payment processing. Select three payment methods that are available based on the company's requirements. (Choose three.)

wire, check, clearing

Which statement is true about paying invoices?

An invoice must be validated before you can create invoice accounting entries.

Which is the final step in processing a payment batch?

Confirm the payment batch.

(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)

200-240

200-240

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

You are implementing Oracle E-Business Suite Release 12 General Ledger for ABC Corporation. Identify two setups required for journal approval. (Choose two.)

Enable the Journal: Allow Preparer Approval profile option. , Configure the GL journal approval process in Oracle Workflow Builder.

Jack is hired as an Oracle General Ledger implementation consultant for XYZ Corporation. Select two options that are necessary to enable journal approval. (Choose two.)

Journal Sources form , Journal approval on the Ledger Setup page

Which two are the mandatory flexfield qualifiers in Oracle General Ledger? (Choose two.)

balancing segment , natural account segment

Exclude the assign access function for those definitions from the user's responsibility.

The management segment qualifier must be attached to which key flexfield segment?

department segment

There must be some budgetary control enabled on the stationery account, and a transfer can be made only after a funds check.

The GL accountant has defined the budget and wants the assistant accountants to enter and update the budget. The GL accountant wants this budget to be the default. What would be your response?

If the client wants to do this, the budget status must be current.

Set the budget status to frozen to meet this need.

You cannot delete a budget after it has been defined. However, you can delete a budget organization.

Use the divide evenly rule with the 4/5/4 spread. , Use the divide evenly rule with the 5/4/4 spread. , Use the divide evenly rule with the 4/4/5 spread.

prior year budget monetary and prior year budget statistical

Suppliers play an important part in the Procure-to-Pay process. Select three activities that you must perform using a supplier. (Choose three.)

You receive goods or services from suppliers. , You need supplier information for entering purchase orders. , You must pay the supplier for the goods or services purchased.

creating purchase order detailed accounting information, performing receiving , creating purchase orders

General Ledger

Oracle Payments is the central payment engine for Oracle E-Business Suite Release 12. Identify three modules that integrate with Oracle Payments. (Choose three.)

Payables, Receivables, Cash Management

4, 5, 2, 1, 3

There are many fields with important data displayed on the main page of the Payables Overview window. Which three fields do NOT appear in the Payables Overview main window? (Choose three.)

Terms, Paygroup, Remit-To Bank Account Name

What are the three prerequisites for interfacing Payables invoice lines with Assets? (Choose three.)

The invoice has been transferred to General Ledger. , The invoice distribution has "Track as Asset" selected. , The distribution account is an Asset Clearing or CIP account.

Identify two events that take place when an invoice is matched to a purchase order. (Choose two.)

The quantity billed is updated. , The purchase order accounting information is copied to the invoice.

Identify the two invoice types processed by the Payables Open Interface process. (Choose two.)

standard, credit memos

Identify four interface tables that are available in Oracle Payables. (Choose four.)

Payables Open Interface, Suppliers Open Interface , Payables PCard Interface , Payables PO Matching Interface

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.)

Loans, Purchasing, E-Business Tax , Cash Management

Select three types of Payables open interfaces that will import data into Payables from other applications or third-party solutions. (Choose three.)

PCard Open Interface , Supplier Open Interface , Matching Open Interface

Identify three types of entities that can be defined and related to one another in Oracle Applications. (Choose three.)

ledger, legal entities , business groups

To set up and use Multiple Organization Access Control (MOAC) most effectively, you need to define three profile options. (Choose three.)

MO: Operating Unit , MO: Security Profile , MO: Default Operating Unit

Select four options that can be set at the supplier site level. (Choose four.)

surveys, tax details , accounting, bank details

The rate variance Gain/Loss accounts specified in the Financial Options - Accounting region are used to account for _____.

exchange rate variance for inventory items in purchase orders and invoices

Develop custom interfaces for receipts and accruals, and use the invoice import process to bring in other information.

AP: Use Invoice Batch Controls

Create a distribution set for all the desired accounts and associate it to all new invoices for this supplier.

Accounting is not being created by the user-defined hold.

Select three invoice types that can be entered ONLY in the Invoice Workbench, and CANNOT be entered via the Invoice Gateway. (Choose three.)

debit memos , prepayments, PO default invoice

Identify the two methods that are NOT used to enter invoice distributions. (Choose two.)

matching the invoice to a shipment , using the Distributions Open Interface

In the Distributions window, click the Allocate button, identify the distribution type as Freight, select Prorate, and select the distributions to which freight charges would be allocated.

The service must be received in Purchasing because three-way matching is required.

Which two statements are true if you select the QuickMatch invoice type? (Choose two.)

Payables automatically completes the match to all available shipments on the purchase order. , Payables automatically creates invoice distributions on the basis of the purchase order distributions.

Which three are true regarding purchase order-matched invoices? (Choose three.)

The Payables Accounting Process was not submitted.

Identify four functions of the Invoice Validation process. (Choose four.)

applying any required holds , releasing any qualifying holds , validating the General Ledger accounting information , ensuring that the total amount of all distributions equals the invoice total

Set the Automatic Offset Method to Account. , Enable the Prevent Prepayment Application Across Balancing Segments option.

invoice date , trading partner , supplier number

Identify three invoice holds that cannot be manually released. (Choose three.)

Acct Hold Reason , Insufficient Information , Prepaid Amount Reason

Scheduled Payments

Select the three windows where a user can manually release an invoice hold or payment hold. (Choose three.)

Holds, Actions, Scheduled Payments

Identify the item that requires approval through the workflow process.

invoices not matched to a purchase order

Identify three true statements about the invoice approval workflow. (Choose three.)

Using the Payables System Setup Options form, you can enable autonumbering for _____.

suppliers

expense reports imported through the Payables Expense Report Import program , recurring invoices if the approval workflow option required was not enabled on the template

Identify four purposes for which the Special Calendar is used. (Choose four.)

payment terms , recurring invoices , Key Indicators Report , automatic tax withholding

Select four tips that can be used to speed up data entry. (Choose four)

Use quick invoices. , Use distribution sets. , Use recurring invoices. , Use keyboard shortcuts.

Identify three statements that properly describe the use of distribution sets. (Choose three.)

ABC Corporation wants to convert from their existing legacy application to Oracle E-Business Suite Release 12. Identify three statements that are true for invoice conversion. (Choose three.)

wire, check, clearing

Which statement is true about paying invoices?

An invoice must be validated before you can create invoice accounting entries.

Which is the final step in processing a payment batch?

Confirm the payment batch.