All4Certs Exam Archive,Oracle Archive [Latest Version] Free CertBus Oracle 1Z0-522 PDF Download with 100% Pass Guarantee

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QUESTION NO:2

Your client would like to know if they should set up additional customer records or use Line of Business processing.

Why would you want to activate Line of Business processing?

A. To set up multiple sets SIC values for the customer.

B. To use a different default business unit for invoice entry.

C. To establish multiple Address Book records.

D. To establish a credit limit hierarchy by company.

E. To set up multiple sets of default information for the customer by company.

Correct Answer: E


QUESTION NO:4

Your financial implementation client lead needs assistance on understanding the Detail Method of Intercompany settlements. You explain that the Detail Method uses _______to track Intercompany settlements and the company associated with the first journal entry line acts as the _________ for the transaction.

A. Subsidiaries, detail company

B. Subledger, hub company

C. Subledgers, consolidation company

D. Subledgers, detail company

E. Subsidiaries, hub company

Correct Answer: B


QUESTION NO:45

When the business unit, job or project is flagged as adjustment only, the following is true:

A. You are not allowed to post transactions to this business unit.

B. You can post only specific document types to this business unit.

C. You have to specify a subledger in a transaction for this business unit.

D. You are allowed to post budget transaction only to this business unit

Correct Answer: B


QUESTION NO:35

Which three statements are true about customizing the grid?

A. The color of columns can be customized.

B. The same column can be made to appear multiple times in a grid.

C. The font of columns can be customized.

D. The width of columns can be customized.

E. The sequence of columns can be customized.

Correct Answer: ADE


QUESTION NO:14

Your client needs to consolidate their financial information from various business sites. Which statement does NOT represent a difference between a Multi-Site Consolidation and other Organizational Structure?

A. Multi-site consolidation uses elimination rules; Organizational Structure does not use these rules.

B. You cannot consolidate the balance of multiple locations in a mufti-site consolidation, but you can perform this activity with organizational reporting structure.

C. Multi-site consolidation can process consolidation from non-EnterpriseOne applications.

D. User Defined Codes 00/01 through 00/30 and 09/01 through 09/23 must be updated prior to defining the business unit and account structure.

E. The Organizational Structure Definition application updates the Structure Definition table.

Correct Answer: E


QUESTION NO:43

Your client submitted the Annual Close application to close their fiscal year. When you dose a fiscal year, which AAI Items does the system use?

A. 6LG4 retained earnings and GLGxx all GL accounts

B. GLG4 retained earnings, GLG12 ending profit and loss, and GLG7 year-end close account

C. GLG4 retained earnings, GLG12 ending profit and loss, and the ICCC Inter-company account

D. GLG4 retained earnings and FSxx interim subtotals

E. GLG4 retained earnings, GLG6 beginning revenue account and GLG12 ending profit and loss

Correct Answer: E


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