Select three activities that must be performed to complete the setup of the key accounting flexfield. (Choose three.)

A. Create aliases.

B. Define a value set.

C. Define security rules.

D. Define an account structure.

E. Define valid segment values.

F. Create account combinations.

Identify three ways that an invoice can be submitted for validation. (Choose three.)

A. online by clicking the Validate button in the Invoice Batches window

B. online by clicking the Validate and Account button in the Invoice Batches window

C. in batch by submitting the Payables Invoice Validation program from the Invoice Workbench

D. in batch by submitting the Payables Invoice Validation program from the Submit Request window

E. online by selecting either the Validate check box or the Validate Related Invoices check box in the Invoice Actions window

Select two actions available in Oracle General Ledger. (Choose two.)

A. deleting posted journals

B. exporting data to subsidiary ledgers

C. importing data from subsidiary ledgers

D. consolidating balances in subsidiary ledgers

E. consolidating balances from multiple ledgers

Identify two places where you can define a legal entity. (Choose two.)

A. set of books

B. data access set

C. Legal Entity Configurator

D. HRMS organization setup

E. Accounting Setup Manager

Scott, a consultant with a leading consulting firm, is implementing Oracle General Ledger at a client site and is setting up FSG reports to be used by different users.

One of the customer requirements is that all users with modify access must not be able to modify privileges on FSG reports. Identify the correct option to meet customer requirements.

A. Enable the security on definition by selecting the enable security check box.

B. Remove the security on definition by deselecting the enable security check box.

C. Exclude the assign access function for those definitions from the user's responsibility.

D. Define security rules and specify what actions can be performed by each user or a group of users.

E. Set up profile options against each user and specify what actions can be performed by each user or a group of users.

Identify the two invoice types processed by the Payables Open Interface process. (Choose two.)

A. standard

B. prepayment

C. debit memos

D. credit memos

Which three are true regarding purchase order-matched invoices? (Choose three.)

A. You can set up controls in your system to require you to purchase order-match each invoice.

B. You can set up controls in your system to require you to invoice-match credit /debit memos that have been matched to a purchase order.

C. You can set an option on a purchase order shipment that controls whether invoices must match that shipment directly or through a receipt.

D. You set tolerances to specify the range of variance you will allow if the amounts or quantities on the invoice are less than the amounts or quantities on the purchase order or receipt.

E. You set tolerances to specify the range of variance you will allow if the amounts or quantities on the invoice are greater than the amounts or quantities on the purchase order or receipt.

At your client site, under Payables Options, the Transfer to GL option has been set to Summarize by Accounting Period. The period-end close processes for AP have run and the Payables journals (purchase invoices and payments) have been created and posted in GL. Which statement is true?

A. It is not possible to drill down from GL to Payables.

B. It is possible to drill down from journals of categories purchase invoices and payments in GL to Payables.

C. Drilldown from the journals of category purchase invoices in GL is possible, but not drilldown from journals of category payments.

D. Drilldown from the journals of category payments in GL to Payables is possible, but not drilldown from journals of category purchase invoices.

Idenify three processes that you must run before closing your Payables period. (Choose three.)

A. Expense Report Export

B. The Create Accounting program

C. Payabales Open Interface Import

D. Period Close Exceptions Report

E. The Transfer Journal Entries to GL program

You have received an invoice that requires an immediate payment. The next scheduled check run is not until the end of the week. Which two methods may you use to create the payment? (Choose two.)

A. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a quick payment.

B. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a manual payment.

C. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a quick payment.

D. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a manual payment.