MCQ » Oracle Financials Set 4

When a portal opens, some or all of its zones may be open or Collapsed. This preference is set in ________

A General Ledger user at ABC.com opens the account inquiry screen, chooses a line item, and wants to drill down to Sub-ledger and find out more details about an Accounts Payable invoice.The user is unable to drill down. What is the likely explanation for this?

ABC.com has offices around the world, spread across different legal entities. ABC.com isimplementing Oracle General Ledger. Its accounting department wants to know how to reduce theburden of elimination entries. What do you recommend?

Name the formats of Bank statement that are recognized by Oracle for Bank Statement loading?

ABC.com has a requirement that all budget entries are made through journals. Where would youset this up?

When you change a summary account template funds check level from None to Advisory orAbsolute, you need to _____

What are the possible posting options in Oracle General Ledger?

Which report would provide information about the processing type (parallel or sequential) that maybe defined for reports?

A receipt of $2,000 Is received for an Invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment Identify the receipt state that should be displayed____

____ refers to the process of recording budget data and tracking encumbrance and actual data against a budget

In which three ways do sub-ledgers transfer information into General Ledger?

When you enter a journal, the journals in that batch _____

Identify the two setups that control the defaulting of Tax Information on a journal entry___

To review available Financial Statement Generator elements, which two reports would be helpful?

Which subledger transfers journal information directly to General Ledger to create an unpostedjournal entry?

Determine the four types of BO elements determine the valid values of the type_____

A Ledger is a financial reporting entity. What is new in Oracle E-Business Suite Release 12 that facilitates generation of accounting entries?

A field is to a table as an element is to a ________

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

The Consolidation Workbench enables you to _____, _____, and _____

There are ____ different types of steps in service scripts

For each subledger there should be one _____

ABC Corp. has set up the Asset Category Key Flexfield. It has also set up a Descriptive Flexfield to store vehicle Information associated with the asset category Vehicle. Identify two correct statements____

Oracle General Ledger provides a variety of ways to get information from reports and queries.What can you do using standard reports that you cannot do using on-line queries?

_____ can be configured to invoke the same plug-in script