What is a benefit of the secondary tracking segment?

A. Additional security ensures that correct accounts are selected while entering transactions.

B. The Management segment is enabled automatically when the secondary segment is defined.

C. More details are provided to retained earnings, cumulative translation adjustments, and revaluation gains/losses accounts.

ABC Corporation has five companies, which operate in different industries. Each company has a different ledger-processing option that is industry specific. Choose the number of primary ledgers that are required

to be defined.

A. five

B. four

C. two

D. one

E. three

A manager wants to review the cash balance by company. He has asked you to create the summary

account template. The company's accounting flexfield has four segments:

Company (5 values)

Cost Centers (30 values)

Region (4 values)

Account (180 values)

The total number of cash accounts is five that are associated with two parents:

Three accounts are associated with the parent called Checking.

Two accounts are identified with the parent called Savings.

To combine the cash parents, you created a rollup group named Cash.

How many accounts would the summary account template generate?

A. 10

B. 40

C. 60

D. 240

E. 1200

Identify four functions of the Invoice Validation process. (Choose four.)

A. applying any required holds

B. releasing any qualifying holds

C. applying all prepayments and discounts

D. validating the General Ledger accounting information

E. validating and creating accounting entries for the invoice

F. ensuring that the total amount of all distributions equals the invoice total

G. creating an additional distribution for any difference between the total amount of all distributions and the invoice total

A client has a requirement for their Payables application:

1) AP must automatically create balancing accounting entries for invoice and payment transactions by using the expense GL Account.

2) Stop the application of a prepayment amount to an invoice or expense report amount that is charged to a different balancing segment.

Which two steps would satisfy both these requirements? (Choose two.)

A. Set the Automatic Offset Method to Accrual.

B. Set the Automatic Offset Method to Account.

C. Set the Automatic Offset Method to Balancing.

D. Enable the Prevent Prepayment Application Across Offset Segments option.

E. Enable the Prevent Prepayment Application Across Account Segments option.

F. Enable the Prevent Prepayment Application Across Balancing Segments option.

Select four tips that can be used to speed up data entry. (Choose four)

A. Use quick invoices.

B. Use distribution sets.

C. Use recurring invoices.

D. Use keyboard shortcuts.

E. Use only invoices without holds.

Which three restrictions apply when you are paying invoices with a "quick" payment type? (Choose three.)

A. You can select only those invoices that are due.

B. If you want to pay multiple invoices, none can be a pay-alone invoice.

C. If you want to pay multiple invoices, none can be of an invoice type of prepayment.

D. You can pay only as many invoices as you defined for the remittance advice of the payment document.

E. You can select only those invoices that have the same supplier site as the payment supplier site you enter.

During the entry or update of expense reports in the Payables Expense Report window, holds can be applied on an expense report. These holds are carried forward to the invoice created from the expense report in Payables. Which statement is true?

A. Only one user-defined hold and no system hold can be applied on one expense report in the Payables Expense Report window.

B. Any number of user-defined holds and only one system hold can be applied on one expense report in the Payables Expense Report window.

C. Only one user-defined hold and any number of system holds can be applied on one expense report in the Payables Expense Report window.

D. Any number of user-defined holds and any number of system holds can be applied on one expense report in the Payables Expense Report window.

Exhibit:

ABC.com has the following requirements: 1.Asset invoices are entered in AP daily, but assets are transferred to Oracle Assets only once a week 2.Payables Journal entries have to be transferred to GL at least once a month for reporting purposes 3.Oracle Projects balances have to be updated once every month 4.Payment batches need to be processed daily Based on the above what would be the minimum recommended frequency of running the Transfer to GL

program?

A. Daily

B. Weekly

C. Monthly

D. Once very two weeks

To enter manual tax lines on invoices, enable manual tax options in E-Business Tax. Select three setup options for manual tax lines. (Choose three.)

A. Regime

B. Event Class

C. Regime, Tax

D. Configuration Owner

E. Tax ?Controls and Defaults

F. Regime, Tax, Tax Jurisdiction