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Q441. Your client has sales tax requirements that involve two types of sales tax. The first sales tax applies to all customers. The second sales tax is based on where the company ships the goods. All goods are taxable; however some customers who resell the goods are exempted from the second sales tax. Choose three applicable options to set up sales tax for your client. (Choose three.) 

A. Tax classification code for exempt tax 

B. Item exemptions for both sales taxes 

C. Customer exemptions for the first sales tax 

D. Customer tax exemptions for the second sales tax 

E. Tax group for the combination of the two tax classification codes 

Answer: ADE


Q442. John has set up a Context to capture additional information on the Invoice Lines DFF in Oracle Payables. He used Attributes 5, 6, 7, and 9 for this Context. Now he wants to capture additional information using global segments in the same DFF. Select two Attributes that John can use to set up "Global Data Element" segments. (Choose two.) 

A. 5 

B. 6 

C. 7 

D. 8 

E. 9 

F. 10 

Answer: DF


Q443. Identify two features of a table-validated Value Set. (Choose two.) 

A. A table-validated Value Set has no list of approved values associated with it. 

B. Table-validated Value Sets obtain their lists of approved values from existing application tables. 

C. The values in a table-validated Value Set are stored in Oracle Application Object Library's tables. 

D. In a table-validated Value Set, you need to enter each value manually using the Segment values window. 

E. A table-validated Value Set enables you to use your own application tables as Value Sets for Flexfield Segments. 

Answer: BE


Q444. What are two benefits of using the Journals Import: Group By Effective Date profile option? (Choose two.) 

A. Facilitate more transparent exchange rate conversions. 

B. Make daily updates to daily business intelligence. 

C. Facilitate consolidation. 

D. Account for business transactions by effective date or by accounting date. 

Answer: BD


Q445. XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia, the UK, and China. The Australian and the US operations can share the same chart of accounts segments, and the UK and China operations can share the same chart of accounts segments. All operations share the same calendar or period-type combination, but not the currency. Each country requires that a separate accounting data be maintained. 

Identify the number of legal entities to be created and the number of accounting setups. 

A. Create one legal entity and four accounting setups. 

B. Create four legal entities and one accounting setup. 

C. Create two legal entities and four accounting setups. 

D. Create four legal entities and four accounting setups. 

Answer: D


Q446. What are the possible posting options in Oracle General Ledger? 

A. Post Journal batches individually Post multiple batches Use AutoPost B. Post Journal batches individually Post multiple journals 

C. Post multiple batches Post batches that meet specific criteria by submitting a concurrent request 

D. Post Journal batches individually Post multiple batches Post batches that meet specific criteria by submitting a concurrent request and using Journal Approval 

Answer: A


Q447. You have received an invoice that requires an immediate payment. The next scheduled check run is not until the end of the week. Which two methods may you use to create the payment? (Choose two.) 

A. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a quick payment. 

B. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a manual payment. 

C. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and create a quick payment. 

D. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a manual payment. 

Answer: AC


Q448. Before you can create customer invoices, you have to define customers and your remit-to address. Identify five additional setups that are required before you can create invoices in Receivables. (Choose five.) 

A. payment terms 

B. AutoAccounting 

C. Transaction sources 

D. Standard memo line 

E. System and profile options 

F. Receivables transaction types 

G. Customer account relationships 

Answer: ABCEF


Q449. XYZ Corporation uses Fixed Assets to manage their Asset transactions such as capitalizing, depreciating, adjusting, and retiring. After assets are purchased and the invoice is entered and accounted for, the company runs the Mass Additions Create process to send assets to Fixed Assets. When the purchase order is written, which account must be specified on the purchase order distribution for the charge account? 

A. the material account associated with the inventory organization 

B. the AP trade liability account associated with the operating unit 

C. the asset cost account associated with an asset category in Assets 

D. the asset clearing account associated with an asset category in Assets 

Answer: D


Q450. The APPL_TOP directory in Oracle E-Business Suite Release 12 contains _____. 

A. Redoes log files 

B. Database files 

C. Data tablespaces 

D. Index tablespaces 

E. The system tablespace 

F. The product directories and files for Oracle Applications 

Answer: F