Question 1

Which two can you use to import geographical data?

Options :

A : ADF desktop integration

B : SQL Data loader

C : File-based data import (FBDI)

D : Geographical data providers

Answer: C,D

Question 2

You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for $300 is matched to the purchase order. What will be the funds status of the purchase order and the invoice?

Options :

A : Both are Partially Reserved

B : The purchase order is Liquidated and the invoice is Partially Reserved

C : The purchase order is Partially Liquidated and the invoice is Partially Reserved

D : The purchase order is Partially Liquidated and the invoice will be Reserved

E : Both are reserved

F : The purchase order is Open and the invoice is Validated

Answer: C

Question 3

All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is no minority interest or partial ownerships. What is Oracle’s recommended approach to performing consolidations?

Options :

A : Translate balances to the corporate currency, create a chart of accounts mapping to the corporate chart of accounts, then transfer balances to the corporate consolidation ledger using the balance transfer program

B : Translate balances to the corporate currency for ledgers not in the corporate currency, use General Ledger’s Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary.

C : Create separate ledgers for each subsidiary that shares the same chart of accounts, calendar, currency, and accounting method. Create a separate elimination ledger to enter intercompany eliminations. Then creates a ledger set across all ledgers and report on the ledger set.

D : Use Oracle Hyperion Financial Management for this type of complex consolidation.

Answer: A

Question 4

Your enterprise structure has one ledger and two business units. Business unit one wants to enable budgetary control for Requisitioning only on Procure-to-Pay Business Functions and business unit two wants to enable budgetary control for Payable Invoicing only in Procure-to-Pay Business Functions. Which two statements are correct? (Choose two.)

Options :

A : While defining control for business unit two, enable control at Requisitioning and define the exceptions to only include invoicing

B : While defining control for business unit one, enable control at purchasing and define the exceptions to only include requisitioning

C : Define budgetary control at ledger level with Budgetary Control Exceptions for each business unit

D : While defining control for business unit one, disable control for Purchasing, Payable Invoicing, and Receiving

E : Define budgetary control at ledger level and only encumbrance control at the business units

F : Define control for business unit two to disable control for Requisitioning, Purchasing, and Receiving

Answer: A,D

Question 5

Your organization would like to use the journal sequencing functionality in General Ledger. You want to include all journal sources but would like a different sequence assigned to journals originating in the Joint Venture application. What should you create to achieve this?

Options :

A : An Exception

B : An Exclusion

C : A Condition Filter

D : A Validation Filter

Answer: C

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