QUESTION 27
You have enabled budgetary control and have a control budget set to Advisory control level. For September 2016, your budget for a given account combination is $5,000 USD. In the same month, there is an approved requisition for that account of $900 and an approved purchase order for that account of$2,500 USD. There is also a General Ledger adjustment journal entry for that account of $1,600 USD.
An approved purchase order line of $400 USD is then cancelled. And an invoice is matched to the purchase order for $2,100 USD. Which two statements are true? (Choose two.)

QUESTION 28
Identify three Differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Application (OBIA).

QUESTION 29
You want to define a tree or hierarchy for use in reports and allocations. What three aspects should you remember when creating the tree

QUESTION 30
Your Customer has three legal entities, 50 Departments, and 10,000 natural accounts. They use intercompany entries. What is Oracle’s recommended best practice when implementing: a new chart of accounts? How many segments and what segment qualifiers should be used?

QUESTION 31
You are setting up Close Monitor, which comprise a ledger set hierarchy definition. Which two components of the enterprise structure should the ledgers in the ledger set share.(Choose Two)

QUESTION 32
Which tool can you use to create a Financial Income Statement?.

QUESTION 33
You are implementing Segment Value Security rules. Which two statements are true? (Choose two.)

QUESTION 34
Management wants to use the budget transfer function available on the Review Budgetary Control Balances page. Which privilege is required to performthe budget transfer?

QUESTION 35
There is a business requirement for a subsidiary company to report to the parent company basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

QUESTION 36
What are the two possible reasons for encumbrance created on the purchase order to go back to the budget or funds availability? (Choose two.)

QUESTION 37
You want to automatically post journal batches imported form subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger. Which two aspects should you consider when defining your AutoPost Criteria?
(Choose two.)

QUESTION 38
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 legalentities 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?

QUESTION 39
You entered the following information in the Companiesand Legal Entities tab of the Rapid Implementation Spreadsheet:

Assuming currency is left blank in the Ledger worksheet, how many Ledgers will the process create?

QUESTION 40
You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?

QUESTION 41
You are using Oracle General Ledger (GL), Oracle Payables and Oracle Receivables and would like to prevent the closure of the GL period if the corresponding subledger period is not closed.
How will you achieve this?