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Q151. Identify three processes that you must run before closing your Payables period. (Choose three.)
A. Expense Report Export
B. The Create Accounting program
C. Payables Open Interface Import
D. Period Close Exceptions Report
E. The Transfer Journal Entries to GL program
Answer: BDE
Q152. A Global Single Instance (GSI) provides the global enterprise with a single, complete data model. Identify three features in Oracle E-Business Suite Release 12 that support a GSI. (Choose three.)
A. Maintenance of third-party applications
B. Automation of standardized documents and audit processes
C. Decentralization of operations by regions, divisions, or processes
D. Consolidation of data centers and lowering administrative overhead
E. Capture of statutory and customary local requirements in the same database
Answer: BDE
Q153. Identify the four setup options that control supplier defaults. (Choose four.)
A. financial options
B. payables options
C. receiving options
D. purchasing options
E. Payables system setup
F. Trading Community Architecture (TCA)
Answer: ABDE
Q154. The technical architecture in Oracle E-Business Suite Release 12 supports the business needs of the application. Select three business principles that drive the business architecture in Oracle E-Business Suite Release 12. (Choose three.)
A. Global
B. Mobile interface
C. Business Intelligence
D. Rapid implementation
E. End-to-end integration
F. Self-service (HTML/JSPs)
Answer: ADE
Q155. Identify three ways that an invoice can be submitted for validation. (Choose three.)
A. online by clicking the Validate button in the Invoice Batches window
B. online by clicking the Validate and Account button in the Invoice Batches window
C. in batch by submitting the Payables Invoice Validation program from the Invoice Workbench
D. in batch by submitting the Payables Invoice Validation program from the Submit Request window
E. online by selecting either the Validate check box or the Validate Related Invoices check box in the Invoice Actions window
Answer: ADE
Q156. Which two actions would you perform by using the column set builder function? (Choose two.)
A. assigning accounts
B. creating the format mask
C. defining calculations in the new column
D. sorting rows based on values in a column
Answer: BC
Q157. ABC.com is a national company with five divisions that share the same set of books. Select the statement that best describes the consolidation process for ABC.com.
A. Enter eliminating journals and run financial reports.
B. Run revaluation and translation, transfer data and run financial reports.
C. Transfer data and run financial reports.
D. Run revaluation, translation, and eliminations; transfer data and run financial reports.
E. Run translations, transfer data and run financial reports.
Answer: A
Q158. Choose three tables that will be populated when the Journal Import process is run with the option to post set as "Yes." (Choose three.)
A. GL_JE_LINES
B. GL_JE_BATCHES
C. GL_JE_HEADERS
D. GL_JE_SOURCES
E. GL_IMPORT_REFERENCES
Answer: ABC
Q159. ABC.com, the GL accountant comes to you and says that the Accounting Department requires two current budgets, as they work with two senior executives within the company who have different budget figures, and Tess has to prepare and submit budgets to both of them. What is your response?
A. It depends on the budget organization, whether you can have multiple current budgets.
B. The profile option Require Budget Journal should be set at the budget level if you want to have multiple current budgets.
C. Oracle GL budget functionality supports multiple current budgets, so there is no problem in satisfying this requirement.
D. The profile option Require Budget Journal should be set at the set of books level if you want to have multiple current budgets.
E. It is not possible to have more than one current budget.
Answer: E
Q160. The rule-based accounting engine that centralizes accounting for Oracle E-Business Suite
Release 12 is called _____.
A. General Ledger
B. Accounting Engine
C. Subledger Accounting
D. Centralized Accounting
E. Global Accounting Engine
F. Financial Consolidation Hub
Answer: C