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Extra resources for ActualTests Oracle11i General Ledger Exam 1Z0211

Example text

It has business operations in Canada, the United States, France, and Spain. You are told that both France and Spain require Document Sequencing whereas Canada and the United States do not. There are three legal entities in Canada, four in the United States, two in France, and two in Spain. All legal entities have the same fiscal year end. Advise the DBI Enterprise corporate controller what is feasible, in order to set up the minimum number of set of books, without customization. A. S. and 1 for France and 2 for Spain.

You ask the technical consultant for help and he e-mails you a checklist of scenarios in which batches cannot be deleted. Which scenarios would be on this checklist? ) A. The source is frozen. B. The journal batch has not been approved. C. The journal batch has not been posted. D. Funds have been reserved for the batch. E. Funds are in the process of being reserved for the batch. Answer: A,D,E QUESTION 108: What does the elimination program enable you to do? ) A. eliminate average balances B. eliminate intercompany balances for fully reciprocating elimination that repeat every accounting period C.

Translated Foreign Balances B. Reverse Journal Entries C. Consolidate Financials D. Post Journal Entries E. Update Period Answer: E QUESTION 133: Which statement is correct about the differences between the functionalities of parent accounts and summary accounts? A. Summary accounts slow down the generation of Financial Statement Generators, whereas parent accounts will help generate quicker results. B. Summary accounts use the summing segment type for mass allocations, whereas parent accounts use the looping segment type.

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