Q1) Which three are part of the Global Consolidation System (GCS) functionality? (Choose three)
A) Viewing the multilevel structure of your consolidation in a graphical format.
B) Defining mapping rules to determine how subsidiary account balances roll up into the parent
C) Creating consolidated journal entries in both parent and subsidiary sets of books as part of the consolidation process.
D) Using Interface Data Transformer to transfer data from Oracle Global Consolidation to external financial feeder systems.
E) Viewing the status and monitor subsidiary account balances for any changes that occur after the subsidiary data has been transferred.
Answer : A ,B,E
Q) Identify four transaction type of transaction flexfields (Choose four)
A) Key transaction flexfield.
B) Line transaction flexfield.
C) Link to transaction flexfield.
D) Source transaction flexfield.
E) Invoice transaction flexfield.
F) Reference transaction flexfield.
Answer) B,C,E,F
Q) Select three true statements about mapping rules (choose three)?
A) Up to two rollup rules are possible.
B) You can define a combination of segment values and account rules.
C) Mapping sets enable you to transfer data from multiple subsidiaries simultaneously.
D) There are only two mapping rule actions consisting of copy value from and assign value from.
E) A rollup rule indicates to General Ledger what detail level of information to transfer and how to roll that information up to the parent.
Answer) B,C,E
Q) Identify two functions the Revenue Accounting Management (RAM) wizard performs in Oracle Receivables (Choose Two).
A) Apply Receipts
B) Resolve claims
C) Adjust sales credits
D) Execute the Invoicing process.
E) Manage revenue contingencies.
Answer) C,E
Q) Which two setups are required for customer invoicing? (Choose Two)
A) Lockbox
B) Customers
C) Remit-to-address
D) Customer profile classes.
Answer) B,C
Q) Party Merge provides the capability to merge parties and their related entities in the Oracle Trading Community Architecture (TCA) Registry, thereby eliminating duplicate data in the Registry. Select four entities that can successfully merged using the Party Merge Funtionality?
A) You can merge bill-to sites with bill-to sites.
B) You can merge bill to sites with ship to sites.
C) You can merge individuals with individuals.
D) You can merge individuals with organizations.
E) You can merge organizations with organizations.
Answer) A,C,D,E
Q) After you define a credit analyst, you can modify any of the analyst’s information, except_____
A) Employee and Group.
B) Employee and Username
C) Organization and Territory
D) Cost Center and Employee
E) Username and Organization
F) Group and Group member role.
Answer) B
Q) You created an invoice with one line item of $100 and tax of $10. This line item is credited with an applied credit memo of $50. What is the credit to the tax line?
A) $10
B) $20
C) $1
D) $5
Answer) D
Q) Which four attributes are validated during the Journal Import Process? (Choose Four)
A) Period
B) Approval Level
C) Balanced Journal
D) Cross Validation Rule
E) Account Combination
F) Journal Sequence Number
Answer) A,C,D,E
Q) How many data sources views can you register lines data source in Bill Presentment Architecture?
A) Five
B) Nine
C) Seven
D) One
Answer ) D
Q) You need to verify that your system has enough resources to handle the volume of accounts that would be generated by the summary account template. The template has been designed as follows:
D-Region-D
The first segment is company, which has ten values.
The second segment is division, which is represented by the rollup group region.
It has six parent values. The last segment is account which has 500 values.
How many summary accounts would be generated by the template?
A) 60
B) 3,000
C) 5,000
D) 500
E) 30,000
Answer) E
Q) Which three payment terms validations are performed by AutoInvoice for imported balance forward billing (BFB) transactions? (Choose three)
A) The transaction is stamped with legal entity information.
B) All transactions are batched by the batch source name and request ID.
C) Transactions with balance forward billing payment terms having the external billing cycle have a billing date.
D) Transactions with balance forward billing payment terms have balance forward billing enabled at the account and site profiles.
E) Transactions with nonbalance forward billing payment terms for balance forward customers have the override terms check box selected.
Answer) C,D,E
Showing posts with label Oracle R12 FAQs. Show all posts
Showing posts with label Oracle R12 FAQs. Show all posts
Oracle R12 Business Essentials FAQs PART-2
Q) ZZZ Corp has acquired MMM Corp. ZZZ Operates with multi or access control. Consequently ZZZ Corp needs to add additional operating units. Identify the statement that describes the sequence for adding additional operating units.
Ans) Create Operating Unit, run the Replicate Seed Data Concurrent Request , assign the Operating Unit to a security hierarchy, run Security List Maintenance concurrent program, create a new responsibilities as necessary, and set up the MO : Security Profile Option.
Q) A new Receivables Inquiry responsibility is created for the Denmark Operating Unit and is assigned to the end users. You receive a call from the end user, who states that the Sweden receivables data is displayed on the Denmark Receivables Inquiry Screen. What is the cause of the wrong data being displayed?
Ans) Incorrect Operating Unit Profile Option set for the responsibility.
Q) Application Security Consists of User, Responsibility and Self Service Application Security. Select three authorizations to which a responsibility allows access?
Ans) Ledger, A specific application or applications, A restricted list of windows, functions and reports.
Q) You have logged into the Oracle E Business Suite Release 12 Instance and accessed your worklist. You see four FYI notifications in your default worklist view. You opened the first notification and clicked the OK Button after reviewing the content. Identify three things that can happen after you return to your worklist (Choose three).
Ans) You see three notifications in your worklist.
Status of the first notification has been updated to closed.
You can view the first notification by choosing the FYI Notifications view from your worklist.
Q) Identify two features related to parameters in a Daily Business Intelligence report. (Choose two).
Ans) Each page in a report contains common parameters.
The primary dimension parameter is different for each page in a Daily business intelligence report.
Q) Company ZZZ added a new responsibility to an existing Oracle E Business Suite Release12 application. The system administrator sets the MO:Operating Unit Profile Option at the Application Level. The application level will override the ____level?
Ans) Site
Q) Identify three correct statements about the Operating Unit in a Multi Org model of Oracle E Business Suite Release 12. (Choose three)
Ans) It is an organization type that secures transaction data.
An operating Unit can be associated with a single legal entity.
Multiple Operating Units can be assigned to a single responsibility.
Q) An activity in a workflow process can be a
Ans) PL/SQL function, a notification, a subprocess, or a business event.
Q)Identify two features of the notification system in Oracle Workflow?(choose two)
Ans)Enables any user with access to the Internet to be included in a workflow process.
Provides access to the worklist from Oracle E Business Suite Release 12 through the worklist web pages.
Q) Which five options are available when scheduling a periodic concurrent request in Oracle E Business Suite Release 12? Choose Five
Days, Hours,Week, Month, Minutes
Q) ZZZ Corp, has a number of service calls that require a resource to be designated. Using the CRM application foundation module. Identify the component that helps ZZZ Corp. Designate the resources that will own and work on the task?
Ans) Assignment Manager.
Q) Select three features that Multi Org Provides to satisfy business needs.(Choose three)
Ans) Secure user access to data, Procures from one Legal Entity and receives in another, Supports any number of business units within a single installation.
Q) Identify three true statements regarding Multiple Organization Reporting >? Choose Three?
Ans) Cross Organization reports can be submitted for a Reporting Level of Ledger.
Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.
Cross Organization reports produce outputs across different operating units in a single report from a single responsibility.
Q) A ledger is a financial reporting entity. What is new in Oracle E Business Suite Release 12 that facilitates generation of accounting entries ?
Ans) Accounting Convention.
Q) Which two statements are true regarding partitioning of data by an application (choose two)?
Ans) General Ledger is partitioned by ledgers.
Accounts Receivable is partitioned by Operating Unit.
Q) You have received a workflow notification from the Oracle E Business Suite Release 12 instance , which requires an electronic signature in your response. Identify the true statement regarding your notification response?
Ans)You can submit your response from any of your worklists after logging into the Oracle E Business Suite Release 12 instance
Q) Identify three features of Multi Org (Choose three)
Ans) The data can be logically partitioned.
Users can be assigned to specific organizations
It defines organizations and the relationships between them.
Q) Identify two business benefits of using Multi Org Access Control (Choose Two)?
Ans) Inquiry only access to data across different operating units.
Transaction entry across Operating Units using one responsibility.
Q) What are the three characteristics of an application and Oracle ID When defining a Data Group>
Ans) An application can be listed only once in a data group.
An oracle id can be paired with more than one application.
Custom applications registered with Oracle Application can be included in a data group.
Q) Identify two features of a table validated value set(Choose two)?
Ans) Table validated value sets obtain their lists of approved values from existing application tables.
A table validated value set enables you to use your own application tables as value sets for flexfield segments.
Q) During the cutover phase of a project to implement Oracle E-Business Suite Release 12, you are responsible for converting historical account balances into Oracle General Ledger from a legacy system. There is no Account Code Combination setup in the Production Instance. Identify the setup in the Accounting Key Flexfield structure that is required to perform this conversion.
Ans) Select the Allow Dynamic Inserts Check box in the Accounting Key Flexfield structure.
Q) You are the Human Resources lead for the ERP implementation of ZZZ Corporation. You have defined the employees in Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)
Ans) Approvals, Asset Assignment, Auto Create Purchase Orders.
Q) Which two statements are correct regarding a table validated value set? Choose Two.
Ans) You use a table validated value set when you have a set of values that is already maintained in application table.
You can use SQL query to retrieve all the approved values from the table when defining the table validated value set.
Q) Identify four components of the Fusion Business Intelligence Embedded Dashboard. (Choose Four)
Ans)Multiple Currencies, Flexible Time periods, Multiple Dta widgets, Key Performance indicators.
Q) You are the project manager with access to the Oracle Project Management application in Oracle E Business Suite Release 12. You have granted User X access to your worklist. User X now logs into Oracle E Business Suite Release 12 and accesses his or her worklist by clicking the Workflow Notification link. Identify three actions User X can perform. (Choose Three)
Ans) Approve the projects on your behalf.
View the username of the worklist owner in the worklist.
Access your worklist by clicking the Switch User button and then selecting your name.
Q) Which three statements are true about Oracle Workflow and Oracle Alters?
Ans) Workflow can support complex conditional logic.
Workflows can wait for a user response during an activity.
Alerts can perform multiple actions in a sequence that you specify.
Q) Company ZZZ has requested you to define a custom application to support custom forms and reports. The DBAs have created a new CUSTOM_TOP directory. Which are the three mandatory fields required to define a new custom application? Choose three.
Ans) Base Path, Application, Shortname.
Q) View the Exhibit. While entering a journal in the Journals form, you enter a code combination of 29.402.45.19.2103,240 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?
Ans) The Allow Dynamic Inserts Check Box is deselected.
Q) Oracle Daily Business Intelligence functions are secured using standard oracle applications function security. Choose three dashboards that are secured by the inventory Oraganization (Choose Three).
Ans)Inventory Management, Warehouse Management , Customer Fulfillment Management .
Q) Identify three Fusion Business Intelligence products for Oracle E Business Suite Release 12 (Choose three).
Ans) Oracle Sales Analytics, Oracle Financial Analytics, Oracle Supply Chain Analytics.
Q) Embedded Dashboards are a feature of Oracle Fusion Business Intelligence Release12. Select three additional features that Embedded Dashboards provide (choose three)?
Ans) Multiple Currencies, Flexible time periods, Ability to export to Excel or PDF.
Q) If the user has set Multi Org preferences, the system administrator has to assign ?
Ans) The user preferences function to the responsibility.
Q) Which two statements are true regarding ownership of shared entities ?
Ans) Suppliers is owned by Oracle Purchasing, whereas Units of Measure is owned by Oracle Inventory.
Ledger is owned by Oracle General Ledger, whereas locations I owned by Oracle Human Resources.
Q) It is your first day at a client site to implement Oracle E Business Suite Release 12. The client wants you to log a Service Request using Metalink, regarding a problem with the invoice workbench from in Oracle Payables. Identify the key information that is required to initiate a service request for this client?
Ans) Customer Support Identifier.
Q) You are involved in a project to upgrade to Oracle E Business Suite, Release12. You need more information about the upgrade processes and paths. Where would you find upgrade guide for Oracle E Business Sute?
Ans) Metalink Knowledge Base.
Q) As a system administrator for Oracle E Business Suite Release12, which two actions can be perform on user passwords (choose two)
Ans) See the initial password, Change an existing password.
Q) Identify two correct statements related to key performance indicators and the KPI region in Daily Business Intelligence (Choose two)
Ans) Can be configured for each dashboard, Is a strategic business factor that is used for reporting.
Q) Identify two types of regions in Daily Business Intelligence.
Ans) Table, Graph.
Ans) Create Operating Unit, run the Replicate Seed Data Concurrent Request , assign the Operating Unit to a security hierarchy, run Security List Maintenance concurrent program, create a new responsibilities as necessary, and set up the MO : Security Profile Option.
Q) A new Receivables Inquiry responsibility is created for the Denmark Operating Unit and is assigned to the end users. You receive a call from the end user, who states that the Sweden receivables data is displayed on the Denmark Receivables Inquiry Screen. What is the cause of the wrong data being displayed?
Ans) Incorrect Operating Unit Profile Option set for the responsibility.
Q) Application Security Consists of User, Responsibility and Self Service Application Security. Select three authorizations to which a responsibility allows access?
Ans) Ledger, A specific application or applications, A restricted list of windows, functions and reports.
Q) You have logged into the Oracle E Business Suite Release 12 Instance and accessed your worklist. You see four FYI notifications in your default worklist view. You opened the first notification and clicked the OK Button after reviewing the content. Identify three things that can happen after you return to your worklist (Choose three).
Ans) You see three notifications in your worklist.
Status of the first notification has been updated to closed.
You can view the first notification by choosing the FYI Notifications view from your worklist.
Q) Identify two features related to parameters in a Daily Business Intelligence report. (Choose two).
Ans) Each page in a report contains common parameters.
The primary dimension parameter is different for each page in a Daily business intelligence report.
Q) Company ZZZ added a new responsibility to an existing Oracle E Business Suite Release12 application. The system administrator sets the MO:Operating Unit Profile Option at the Application Level. The application level will override the ____level?
Ans) Site
Q) Identify three correct statements about the Operating Unit in a Multi Org model of Oracle E Business Suite Release 12. (Choose three)
Ans) It is an organization type that secures transaction data.
An operating Unit can be associated with a single legal entity.
Multiple Operating Units can be assigned to a single responsibility.
Q) An activity in a workflow process can be a
Ans) PL/SQL function, a notification, a subprocess, or a business event.
Q)Identify two features of the notification system in Oracle Workflow?(choose two)
Ans)Enables any user with access to the Internet to be included in a workflow process.
Provides access to the worklist from Oracle E Business Suite Release 12 through the worklist web pages.
Q) Which five options are available when scheduling a periodic concurrent request in Oracle E Business Suite Release 12? Choose Five
Days, Hours,Week, Month, Minutes
Q) ZZZ Corp, has a number of service calls that require a resource to be designated. Using the CRM application foundation module. Identify the component that helps ZZZ Corp. Designate the resources that will own and work on the task?
Ans) Assignment Manager.
Q) Select three features that Multi Org Provides to satisfy business needs.(Choose three)
Ans) Secure user access to data, Procures from one Legal Entity and receives in another, Supports any number of business units within a single installation.
Q) Identify three true statements regarding Multiple Organization Reporting >? Choose Three?
Ans) Cross Organization reports can be submitted for a Reporting Level of Ledger.
Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.
Cross Organization reports produce outputs across different operating units in a single report from a single responsibility.
Q) A ledger is a financial reporting entity. What is new in Oracle E Business Suite Release 12 that facilitates generation of accounting entries ?
Ans) Accounting Convention.
Q) Which two statements are true regarding partitioning of data by an application (choose two)?
Ans) General Ledger is partitioned by ledgers.
Accounts Receivable is partitioned by Operating Unit.
Q) You have received a workflow notification from the Oracle E Business Suite Release 12 instance , which requires an electronic signature in your response. Identify the true statement regarding your notification response?
Ans)You can submit your response from any of your worklists after logging into the Oracle E Business Suite Release 12 instance
Q) Identify three features of Multi Org (Choose three)
Ans) The data can be logically partitioned.
Users can be assigned to specific organizations
It defines organizations and the relationships between them.
Q) Identify two business benefits of using Multi Org Access Control (Choose Two)?
Ans) Inquiry only access to data across different operating units.
Transaction entry across Operating Units using one responsibility.
Q) What are the three characteristics of an application and Oracle ID When defining a Data Group>
Ans) An application can be listed only once in a data group.
An oracle id can be paired with more than one application.
Custom applications registered with Oracle Application can be included in a data group.
Q) Identify two features of a table validated value set(Choose two)?
Ans) Table validated value sets obtain their lists of approved values from existing application tables.
A table validated value set enables you to use your own application tables as value sets for flexfield segments.
Q) During the cutover phase of a project to implement Oracle E-Business Suite Release 12, you are responsible for converting historical account balances into Oracle General Ledger from a legacy system. There is no Account Code Combination setup in the Production Instance. Identify the setup in the Accounting Key Flexfield structure that is required to perform this conversion.
Ans) Select the Allow Dynamic Inserts Check box in the Accounting Key Flexfield structure.
Q) You are the Human Resources lead for the ERP implementation of ZZZ Corporation. You have defined the employees in Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)
Ans) Approvals, Asset Assignment, Auto Create Purchase Orders.
Q) Which two statements are correct regarding a table validated value set? Choose Two.
Ans) You use a table validated value set when you have a set of values that is already maintained in application table.
You can use SQL query to retrieve all the approved values from the table when defining the table validated value set.
Q) Identify four components of the Fusion Business Intelligence Embedded Dashboard. (Choose Four)
Ans)Multiple Currencies, Flexible Time periods, Multiple Dta widgets, Key Performance indicators.
Q) You are the project manager with access to the Oracle Project Management application in Oracle E Business Suite Release 12. You have granted User X access to your worklist. User X now logs into Oracle E Business Suite Release 12 and accesses his or her worklist by clicking the Workflow Notification link. Identify three actions User X can perform. (Choose Three)
Ans) Approve the projects on your behalf.
View the username of the worklist owner in the worklist.
Access your worklist by clicking the Switch User button and then selecting your name.
Q) Which three statements are true about Oracle Workflow and Oracle Alters?
Ans) Workflow can support complex conditional logic.
Workflows can wait for a user response during an activity.
Alerts can perform multiple actions in a sequence that you specify.
Q) Company ZZZ has requested you to define a custom application to support custom forms and reports. The DBAs have created a new CUSTOM_TOP directory. Which are the three mandatory fields required to define a new custom application? Choose three.
Ans) Base Path, Application, Shortname.
Q) View the Exhibit. While entering a journal in the Journals form, you enter a code combination of 29.402.45.19.2103,240 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?
Ans) The Allow Dynamic Inserts Check Box is deselected.
Q) Oracle Daily Business Intelligence functions are secured using standard oracle applications function security. Choose three dashboards that are secured by the inventory Oraganization (Choose Three).
Ans)Inventory Management, Warehouse Management , Customer Fulfillment Management .
Q) Identify three Fusion Business Intelligence products for Oracle E Business Suite Release 12 (Choose three).
Ans) Oracle Sales Analytics, Oracle Financial Analytics, Oracle Supply Chain Analytics.
Q) Embedded Dashboards are a feature of Oracle Fusion Business Intelligence Release12. Select three additional features that Embedded Dashboards provide (choose three)?
Ans) Multiple Currencies, Flexible time periods, Ability to export to Excel or PDF.
Q) If the user has set Multi Org preferences, the system administrator has to assign ?
Ans) The user preferences function to the responsibility.
Q) Which two statements are true regarding ownership of shared entities ?
Ans) Suppliers is owned by Oracle Purchasing, whereas Units of Measure is owned by Oracle Inventory.
Ledger is owned by Oracle General Ledger, whereas locations I owned by Oracle Human Resources.
Q) It is your first day at a client site to implement Oracle E Business Suite Release 12. The client wants you to log a Service Request using Metalink, regarding a problem with the invoice workbench from in Oracle Payables. Identify the key information that is required to initiate a service request for this client?
Ans) Customer Support Identifier.
Q) You are involved in a project to upgrade to Oracle E Business Suite, Release12. You need more information about the upgrade processes and paths. Where would you find upgrade guide for Oracle E Business Sute?
Ans) Metalink Knowledge Base.
Q) As a system administrator for Oracle E Business Suite Release12, which two actions can be perform on user passwords (choose two)
Ans) See the initial password, Change an existing password.
Q) Identify two correct statements related to key performance indicators and the KPI region in Daily Business Intelligence (Choose two)
Ans) Can be configured for each dashboard, Is a strategic business factor that is used for reporting.
Q) Identify two types of regions in Daily Business Intelligence.
Ans) Table, Graph.
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