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You entered a journal and the client is asking for the following information:
The current account balance
What the future account balance will be if the journal is approved and posted How will you get this information?
NEW QUESTION 44
You entered a cross validation rule to prevent the balance sheet cost center (000) being used with Profit and Loss Accounts (4000-ZZZZ).
-
The following combinations exist in the Code Combination table:
01-000-4110-00, 01-000-5299-000, 01-000-5105-000 and 01-000-7640-00
Which two statements are true regarding cross-validation rules? (Choose two.)
NEW QUESTION 45
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments. Which three statements are true regarding the creation of a control budget? (Choose three.)
NEW QUESTION 46
Which three objectives must be considered when designing the chart of accounts? (Choose three.)
NEW QUESTION 47
......
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NEW QUESTION 43You entered a journal and the client is asking for the following information:
The current account balance
What the future account balance will be if the journal is approved and posted How will you get this information?
- A. Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
- B. Run a Trial Balance before and after posting
- C. View the Projected Balances region in the Create Journals page
- D. Query the account balance online
NEW QUESTION 44
You entered a cross validation rule to prevent the balance sheet cost center (000) being used with Profit and Loss Accounts (4000-ZZZZ).
-
The following combinations exist in the Code Combination table:
01-000-4110-00, 01-000-5299-000, 01-000-5105-000 and 01-000-7640-00
Which two statements are true regarding cross-validation rules? (Choose two.)
- A. There is no need to create cross-validation rules if Dynamic Combination Creation Allowed is not enabled for your chart of accounts instance
- B. You need to run the Cross-Validation Rule Violations process to allow rules to apply to existing combinations that violate rules
- C. You need to run the Cross-Validation Rules process to list and optionally disable combinations that violate rules
- D. The rules validate and apply to new accounts only
D18912E1457D5D1DDCBD40AB3BF70D5D - E. The rules will validate and apply to new and existing accounts
NEW QUESTION 45
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments. Which three statements are true regarding the creation of a control budget? (Choose three.)
- A. The control budget structure has all the chart of account segments as budget segments
- B. Control budgets are always absolute to generate encumbrance accounting
- C. A control budget is associated to a ledger and creates three control budgets for Australia, New Zealand, and Singapore
- D. A control budget can allow override rules only if the control level is absolute
- E. A control budget can be associated with a different calendar than accounting calendar
NEW QUESTION 46
Which three objectives must be considered when designing the chart of accounts? (Choose three.)
- A. Anticipate growth and maintenance needs as organizational changes occur
- B. Try to use all 30 segments and 25 characters per segment because you cannot change it later
- C. Limit the number of segments to those you need today to reduce data entry
- D. Effectively manage an organization's financial business
- E. Consider implementing a single, global chart of accounts
NEW QUESTION 47
......
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