In the Multi-Org model, which organization type is the highest level that impacts accounting?

1. A. Ledger
2. B. Operating Unit
3. C. Business Group
4. D. GRE/Legal Entity
5. E. Inventory Organization

Correct Answer: A

In the course of Implementing Oracle General Ledger, you and your customer have created a number of Financial Statement Generator reports in a test environment. These reports have been tested and you are now ready to create them in your production environment. You are ready to run the FSG Transfer program.
What two requirements are necessary to run this program? (Choose two.)

1. A. Database links must be defined.
2. B. The same ledgers must be defined in both instances.
3. C. Enable the FSG: AutoCopy profile option in the production environment.
4. D. The same row and column sets must exist in the production environment.

Correct Answer: AB

Select the three options available when creating the Security profile for Multi-Org Access Control. (Choose three.)

1. A. View all Organizations
2. B. Secure by Business Groups
3. C. Secure by Inventory Organizations
4. D. Secure by Operating Unit and Inventory Organization
5. E. Secure Organizations by Organization list and/or hierarchy

Correct Answer: ADE

Identify three ways in which subledgers transfer information to General Ledger. (Choose three.)

1. A. balances
2. B. batch transfer
3. C. detail journals
4. D. line-level records
5. E. summary journals

Correct Answer: BCE

Sam, the CFO of XYZ Company, finds that in the expenditure budget of the current year, there are many funds available in the stationery account, whereas there is not much amount left for employee travel expenses.
Sam instructs the budget analyst John to transfer 80% of the stationery account to the travel expenses account.
situation and clarifies it to John.
Choose what Sam would have explained to John.

1. A. There must be some budgetary control enabled on the travel expenses, and a transfer can be made only after a funds check.
2. B. There must be some budgetary control enabled on the stationery account, and a transfer can be made only after a funds check.
3. C. There must be some budgetary control enabled on the stationery and travel expenses accounts, and a transfer can be made only after a funds check.
4. D. It is not possible to transfer amount from one account to another unless the absolute amount is known.So John should have calculated 80% of the stationery account and then tried to make the transfer.

Correct Answer: B