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Q391. All of the manual journal entries are defaulting to a non current period. Which step was omitted from the accounting cycle? 

A. Translated Foreign Balances 

B. Reverse Journal Entries 

C. Consolidate Financials 

D. Post Journal Entries 

E. Update Period 

Answer: E

Q392. Identify two features of Flexfields in Oracle E-Business Suite Release 12. (Choose two.) 

A. Flexfields consist of segments. 

B. Flexfields are configurable fields. 

C. Flexfields are used only in Oracle Financials suite of products. 

D. Flexfields are available for all forms in Oracle E-Business Suite Release 12. 

Answer: AB

Q393. E-Business Tax calculates the amount of tax that is recoverable on the basis of the tax setup. To implement accrual-based accounting recoverable tax, four setups are needed. (Choose four.) 

A. Enable "Set as offset tax." 

B. Enable "Allow tax recovery." 

C. Set the default recovery settlement option to "Deferred." 

D. Define tax accounts, tax expense, recoverable tax, and interim tax. 

E. Enable the default recovery settlement options at the regime, tax, tax status, or tax rate levels. 

Answer: BCDE

Q394. Identify the four resources that Oracle Technology Network (OTN) provides. (Choose four.) 

A. Sample codes 

B. Bug Database 

C. Technical articles 

D. Product downloads 

E. Product documentation 

F. Applications Electronic Technical Reference Manuals (eTRM) 

Answer: ACDE

Q395. In the Payment Process Requests, which action(s) can you perform on invoices that are selected for a pay run? 

1. Review unselected invoices. 

2. Change the invoice amount or the discount taken. 

3. Add selected invoices to the payment process request. 

4. Remove selected invoices from the payment process request. 

5. Recalculate interest, payment withholding, or exchange rates. 

A. All actions 1-5. 

B. 1, 3 and 4 only. 

C. 1, 2 and 5 only. 

D. 1, 2, 3 and 4 only. 

Answer: B

Q396. Identify three statements that are true regarding functions and menus. (Choose three.) 

A. Functions can be excluded at any level. 

B. Excluding a menu excludes all its child functions. 

C. Excluding a menu does not exclude the functions nested in that menu. 

D. Excluding a menu excludes all the functions and menus nested in that menu. 

E. Excluding a function does not exclude all occurrences of that function from the responsibility's menu structure. 

Answer: ABD

Q397. Identify three features of shared entities in Oracle E-Business Suite Release 12. (Choose three.) 

A. Enable one-time definition of objects 

B. Are referenced by several Oracle Application modules 

C. Are defined in each Oracle Application module separately 

D. Are owned by a single Oracle Application module for table purposes only 

E. Are owned by a single Oracle Application module to designate the primary user or decision maker 

Answer: ABD

Q398. 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.) 

A. Loans 

B. Purchasing 

C. Bill of Materials 

D. E-Business Tax 

E. Order Management 

F. Cash Management 

G. System Administrator 

Answer: ABDF

Q399. ABC.com has many Financial Statement Generator reports created to produce Profit & Loss statements and Balance Sheet reports. Occasionally ABC.com has a need to run a report that is slightly different than the standard ones that are already created. Which two types of changes could XYZ make using the Row Order feature? (Choose two.) 

A. display segment values and descriptions 

B. add a new calculation 

C. change how rounding options are performed 

D. sort based on column values 

Answer: AD

Q400. Which four options are determined by a responsibility in Oracle E-Business Suite Release 12? (Choose four.) 

A. Inherited roles 

B. Accessible reports 

C. Applicable Ledgers 

D. Accessible Applications 

E. Accessible menus and forms 

Answer: BCDE