GENERAL LEDGER PARTE 2 EXAMEN 5

22問 • 1年前

問題一覧

Your customer is having issues transferring intercompany transactions to General Ledger. Identify three reasons for this.

Which of the following are true about manual intercompany transactions in Oracle Financials Cloud? (Choose two) OR Which two are true about manual Intercompany transactions in Oracle Financials Cloud?

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You are defining intercompany balancing rules that are applied to a specific source and category, such as payable and invoices, or a specific intercompany transaction type, such as Intercompany Sales.Which two statements are correct? (Choose two.)

You have a requirement for the Intercompany Provider and Receiver distribution account to be balance automatically for all intercompany transactions. What should you configure?

You want to prevent intercompany transactions from being entered during the last day of the close. What should you do?

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You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)

You would like to enforce an enterprise-wide currency for you intercompany transactions. Where would you set this up?

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Your company has two legal entities in the US (Balancing Segment Values [BSV] 101 and 102), one legal entity in France (BSV 401), and one legal entity in the UK (BSV 402). Both US legal entities share the same ledger, whereas the UK and France have their own ledgers. Assuming intercompany transactions are not being entered, what is the minimal action you can take and still configure the ledgers correctly?

Your customer wants to have balance sheets and income statements for its cost center and program segments. That is, the customer wants to have three balancing segments. Which two recommendations would you give your customer? (Choose two.)

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How many segments can the intercompany balancing feature balance?

If second and third balancing segments are enabled for intercompany balancing, then balancing is done using:

The Transaction Account Definition enables you to configure which of the following? (Choose two)

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What is the precedence of intercompany balancing rules?h

Before implementing Financials Cloud, your customer used to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this?

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Which two statements are true regarding the Intercompany Reconciliation Report?

How are transactions that cross legal entities accounted for?

You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment. What is Oracle’s recommended method to define this chart of accounts?

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Your customer has many eliminating entries to eliminate intercompany balances. The General Ledger does not include a purpose-built Consolidation feature. How would you automate the process of creating eliminating entries, assuming your customer is not using Oracle Hyperion Financial Close Management?

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Your customer requires physical invoices to be generated in Payables Cloud and Receivables Cloud for the Intercompany payables and receivables transactions. Which two statements are correct with regards to setting this up? (Choose two.)

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Which two statements are true regarding how Intercompany Balancing Rule are defined? (Choose two.)

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Your customer has a large number of legal entities. The legal entity values are defined in the company segment which represents the primary balancing segment. They want to easily create eliminating entries for their intercompany activity. What would you recommend?

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Your customer uses Financials Cloud, Projects, Inventory and Procurement. Which two statements are true regarding intercompany accounting for these products? (Choose two.) or Your customer uses Financials Cloud, Projects, Inventory, and SCM. Which two statements are true regarding intercompany accounting for these products? (Choose two.)

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Laura Diaz · 5回閲覧 · 60問 · 2年前

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