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| Section | Objectives |
|---|---|
| Topic 1: Intercompany Accounting | - Intercompany Processing
|
| Topic 2: Security and Data Access | - Access Management
|
| Topic 3: Enterprise Structure and General Ledger Setup | - Enterprise Configuration
|
| Topic 4: Ledger Configuration | - Ledger Management
|
| Topic 5: Budgeting and Allocations | - Financial Planning
|
| Topic 6: Journal Processing | - Journal Management
|
| Topic 7: Period Close and Financial Reporting | - Close and Reporting Activities
|
Which two are valid Data Access Set types? (Choose two.)
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You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you want to prevent the closure of the GL period if the corresponding subledger period is not closed. How do you achieve this?
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You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?
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Your ledger currency is USD. At month end you have a balance on the Accounts Payable Liability Account of
100,000 Euros which is equivalent to USD 136,550. This balance needs to be revalued.
The month end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true for the resulting revaluation run? (Choose two.)
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A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?
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