Which item CANNOT be queried in the Find Consolidation Process window?
Answer : A
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?
Answer : C
During the testing phase of your implementation, you find that you are unable to delete a journal batch, though it is not yet posted. You ask the technical consultant for help and he e-mails you a checklist of scenarios in which batches cannot be deleted. Which scenarios would be on this checklist? (Choose three.)
Answer : B,C,D
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.
Answer : C
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 not allow you to create?
(D: Detail)
(T: Total)
Answer : A
A General Ledger user at ABC.com opens the account inquiry screen, chooses a line item, and wants to drill down to Sub-ledger and find out more details about an Accounts Payable invoice. The user is unable to drill down. What is the likely explanation for this? (Choose two.)
Answer : A,C
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?
Answer : F
Which three are part of the Global Consolidation System functionality ? (Choose three.)
Answer : A,C,D
For each subledger there should be one _____.
Answer : D
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
Answer : D
In creating a report, what is true about the column set? (Choose two.)
Answer : A,C
ABC.com has a requirement that all budget entries are made through journals. Where would you set this up?
Answer : B
You are implementing Oracle General Ledger at a client site. The client is based in the U.S. 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. The GL accountant tells you that the companys outstanding loans in
Europe in euros, and at every month end there is a need to revalue and report these loans in US dollars on the current exchange rate. She wants a system that automatically performs this revaluation using the month-end exchange rates. She wants to know whether this requirement can be satisfied. What is your response?
Answer : A
Exhibit:
Answer : A,B
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?
Answer : B