QUESTION NO: 1
ABC Corp. has determined its Accounting Key Flexfield structure for the implementation of Oracle E-Business Suite Release 12. The Accounting Key Flexfield structure contains five Segments: Company, Business Unit, Department, Account, and Product.
They have the following requirements:
1) The Department values should be based on the Business Units.
2) They want to produce a quarterly Balance Sheet for each Company.
Which three statements are true? (Choose three.)
ABC Corp. has determined its Accounting Key Flexfield structure for the implementation of Oracle E-Business Suite Release 12. The Accounting Key Flexfield structure contains five Segments: Company, Business Unit, Department, Account, and Product.
They have the following requirements:
1) The Department values should be based on the Business Units.
2) They want to produce a quarterly Balance Sheet for each Company.
Which three statements are true? (Choose three.)
Correct Answer: A,C,D
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QUESTION NO: 2
Select three processes that must be performed before closing the purchasing period. (Choose three.)
Select three processes that must be performed before closing the purchasing period. (Choose three.)
Correct Answer: A,B,E
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QUESTION NO: 3
Identify three considerations for implementing internal controls for payment processing. (Choose three.)
Identify three considerations for implementing internal controls for payment processing. (Choose three.)
Correct Answer: A,D,E
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QUESTION NO: 4
Which two statements are true regarding ownership of shared entities? (Choose two.)
Which two statements are true regarding ownership of shared entities? (Choose two.)
Correct Answer: D,E
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QUESTION NO: 5
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.)
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.)
Correct Answer: B,C,E,F
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QUESTION NO: 6
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.
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.
Correct Answer: D
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QUESTION NO: 7
Employee information in Oracle E-Business Suite Release 12 is partitioned by _____.
Employee information in Oracle E-Business Suite Release 12 is partitioned by _____.
Correct Answer: A
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QUESTION NO: 8
In the Multi-Org model of Oracle E-Business Suite Release 12, which organization type owns Bank Account?
In the Multi-Org model of Oracle E-Business Suite Release 12, which organization type owns Bank Account?
Correct Answer: B
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QUESTION NO: 9
Identify three processes that you must run before closing your Payables period. (Choose three.)
Identify three processes that you must run before closing your Payables period. (Choose three.)
Correct Answer: A,B,E
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