Your client has requested that you set up a relationship type that would allow any party within the relationship to pay for the accounts of any other party. Identify the relationship group that you would assign your relationship type to, in order to accomplish this.

A. Pay all

B. Pay within

C. Pay below

D. Pay parties

Identify the sequence of steps to determine the Descriptive Flexfield name on a form in Oracle E-Business

Suite Release 12 with Diagnostics enabled.

1) Select Help > Diagnostics > Examine.

2) The username of the DFF appears in the Value field.

3) Select the DFF name from the list of values in the "Field" field.

4) Select the "$DESCRIPTIVE_FLEXFIELD$" value for the Block name.

A. 1, 2, 3, 4

B. 1, 4, 3, 2

C. 1, 3, 4, 2

D. 4, 3, 1, 2

Identify the two values that the Reporting Level parameter can have when using cross organization reports with the Multi-Org Access Control feature. (Choose two.)

A. Ledger

B. Legal Entity

C. Operating Unit

D. Security Profile

E. Business Group

ABC Inc. added a new Operating Unit to its existing Multi-Org Access-enabled responsibility. When users logged in using their existing responsibility, they could not see the new Operating Unit in the list of values.

What could be the cause?

A. Security List Maintenance was not run.

B. The Set MO: Operating Unit profile was not defined.

C. The Set Multi-Org Preferences profile was not defined.

D. The Set MO: Default Operating Unit profile was not defined.

E. The Set MO: Security profile was not defined for the responsibility.

ABC Corp. has determined its Accounting Key Flexfield structure for the implementation of Oracle E-Business Suite Release 12. The Accounting Key Flexfield structure contains five Segments: Company, Business Unit, Department, Account, and Product.

They have the following requirements:

1) The Department values should be based on the Business Units. 2) They want to produce a quarterly Balance Sheet for each Company.

Which three statements are true? (Choose three.)

A. The Product Value Set is dependent on the Accounts.

B. The Business Unit Value Set is defined as Independent.

C. The Account Segment has a Value Set with no Validation.

D. The Company Segment is qualified as the Balancing Segment.

E. The Department Segment is qualified as an Intercompany Segment.

F. Cross-validation rules are required to enforce dependency of Departments on the Business Units.

Isa Global Inc. is based in the United States with divisions in Europe and Asia. All journal imports, recurring journals, mass allocations, and manual journal entries have been posted for their European subsidiary.

What is the next logical step in the period-close process?

A. opening the next period

B. closing the current period

C. revaluing foreign currency balances

D. translating to the functional currency

E. consolidating to the parent set of books

You have been hired to implement Oracle General Ledger at XYZ Company. They want to have four legal entities to support operations in the US (East), the US (West), the UK, and France.

The chart of accounts and accounting calendar are similar for all entities except France. Only the UK operations want to enable average balances and journal approvals.

What would be the minimum number of setups needed to meet this need?

A. four

B. two

C. one

D. three

XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia, the UK, and China. The Australian and the US operations can share the same chart of accounts segments, and the UK and China operations can share the same chart of accounts segments.

All operations share the same calendar or period-type combination, but not the currency. Each country requires that a separate accounting data be maintained.

Identify the number of legal entities to be created and the number of accounting setups.

A. Create one legal entity and four accounting setups.

B. Create four legal entities and one accounting setup.

C. Create two legal entities and four accounting setups.

D. Create four legal entities and four accounting setups.

Jack is hired as an Oracle General Ledger Implementation consultant for XYZ Corporation. Select two options that are necessary to enable journal approval. (Choose two.)

A. key flexfields

B. Journal Sources form

C. Journal Categories form

D. Journal Encumbrance Types form

E. Journal approval on the Ledger Setup page

View the Exhibit. While entering a journal in the Journals form, you enter a code combination of 29.402.4519.2103.240 in the five-segment Accounting Flexfield. However, you are unable to proceed after entering this account combination.

What could be the problem in the structure definition of the Accounting Flexfield?

A. The "Freeze Rollup Groups" check box is selected.

B. The "Allow Dynamic Inserts" check box is deselected.

C. The "Freeze Flexfield Definition" check box is selected.

D. The "Cross-Validate Segments" check box is selected.