The Health Department of the United Kingdom is using the cash basis of accounting. After the recent elections, the new government has decided to implement Oracle General Ledger.
They want to change the accounting method to accrual basis. However, they also want to maintain the cash basis of accounting for reporting purposes.
As an implementation consultant, what one recommendation would you make to meet the above requirement?

1. A. Create two primary ledgers with the standard cash method.
2. B. Create two primary ledgers with the standard accrual method.
3. C. Create a primary ledger with standard cash, and a reporting ledger with standard accrual.
4. D. Create a primary ledger with the standard accrual method, and a reporting ledger with standard cash.
5. E. Create a primary ledger with standard accrual, and the secondary ledger with the standard cash methods.

Correct Answer: E

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.

1. A. Create one legal entity and four accounting setups.
2. B. Create four legal entities and one accounting setup.
3. C. Create two legal entities and four accounting setups.
4. D. Create four legal entities and four accounting setups.

Correct Answer: D

ABC Corp. runs the Create Journals program, after which the Create Journal Entries Execution report is automatically created.
Identify three components on which the Create Journal Entries Execution report reports. (Choose three.)

1. A. Budget Journals
2. B. Posted Journals report
3. C. Payables encumbrance entries
4. D. Purchasing encumbrance entries

Correct Answer: ACD

Identify three features of shared entities in Oracle E-Business Suite Release 12. (Choose three.)

1. A. enable one-time definition of objects
2. B. are referenced by several Oracle Application modules
3. C. are defined in each Oracle Application module separately
4. D. are owned by a single Oracle Application module for table purposes only
5. E. are owned by a single Oracle Application module to designate the primary user or decision maker

Correct Answer: ABD

Identify three types of data written to different log files that you can find in the Error Logs menu. (Choose three.)

1. A. email sending and receiving
2. B. administration changes
3. C. output of print servers
4. D. modsecurity messages
5. E. performance information
6. F. server messages

Correct Answer: BDF