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  5. Oracle E-Business Suite R12.1 General Ledger Essentials Questions and Answers

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Viewing page 6 out of 6 pages
Viewing questions 51-60 out of questions
Questions # 51:

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

Options:
A.

future segment

B.

account segment

C.

company segment

D.

department segment

E.

intercompany segment

Expert Solution
Questions # 52:

In the context of adding, deleting, and disabling secondary ledgers, select two valid statements. (Choose two.)

Options:
A.

The subledger accounting method must be assigned if defining a balance- or journal-level subledger.

B.

The subledger accounting method must be assigned only to the secondary ledger in case of defining a subledger journals-level secondary ledger.

C.

The subledger accounting method must not be assigned if defining an adjustments-only secondary ledger for manual adjustments in General Ledger.

D.

The subledger accounting method need not be assigned to the primary ledger for assigning a subledger accounting method to the adjustments-only secondary ledger.

E.

The subledger accounting method must be assigned to both primary and secondary ledgers to use the adjustments-only secondary ledger for both manual and automated adjustments from subledger accounting.

Expert Solution
Questions # 53:

The GL accountant tells you that he is running the tests to check the budget functionality. He says that the GL period was closed, but he was able to post the budget journal in a closed period.

You check the setup and confirm that the GL period in which he was able to post the budget journal was closed. What explanation do you give?

Options:
A.

The budget year is open.

B.

The budget status is frozen.

C.

The budget status is current.

D.

The Require Budget Journal profile option is set at the set of books level.

Expert Solution
Questions # 54:

What is the order of execution when a new transaction is created?

Options:
A.

main doc integration, advanced main doc default BML, attribute defaults

B.

advanced main doc default BML, attribute defaults, main doc integration

C.

process integration, attribute defaults, advanced main doc default BML

D.

attribute defaults, advanced main doc default BML, process integration

E.

process integration, advanced main doc default BML, attribute defaults

F.

process integration, attribute defaults, advanced main doc default BML, main doc integration

Expert Solution
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