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A. Workflow needs to be customized for journals to be entered in foreign currency. B. Account generator needs to be customized for journals to be entered in foreign currency. C. Oracle GL provides this functionality and there is no problem in satisfying the requirement. D. Oracle GL does not support this functionality. com has a calendar with 12 monthly periods. Their fiscal year is the calendar year. com uses Average Balance Processing. com's Accrual category is defined with Autoreversal, with the reversal period as the Next Day, and an effective date rule of Roll.

B. Make daily updates to daily business intelligence. C. Facilitate consolidation. D. Account for business transactions by effective date or by accounting date. Answer: B,D QUESTION 88: You are implementing Oracle General Ledger at a client site. S. com - The Power of Knowing 1Z0-211 currencies. The implementation team decides that GL multi currency setup will be part of the implementation. The GL accountant tells you that the companys outstanding loans in Europe in euros, and at every month end there is a need to revalue and report these loans in US dollars on the current exchange rate.

Enable the Intercompany Qualifier for the Intercompany segment. H. Enable Balance Intercompany Journal when defining the set of books. Answer: B,H QUESTION 96: Certkiller, the GL accountant, says that she has defined the budget and she wants her assistant accountants to enter and update budgets, but she does not want this budget to be the default budget. What is your response? A. If the client wants to do this, then the budget status should be Current. B. If the client wants to do this, then the budget status should be Open.

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ActualTests Oracle11i General Ledger Exam 1Z0211

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