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packaged enterprise solutions Online Quiz - 21

Description: packaged enterprise solutions Online Quiz - 21
Number of Questions: 20
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Tags: packaged enterprise solutions
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Connectors emerging from an assignment represent connector flow actions. Is this statement true or false?

technology packaged enterprise solutions

  1. True

  2. False

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Correct Option: B

When would you choose a Fork over a Decision

technology packaged enterprise solutions

  1. When you want to invoke a MapValue (not a MapValue Pair)

  2. When you want to test something about the work object

  3. They are interchangeable

  4. All of the above

Show answer
Correct Option: C

A flow can have none, one or many Flow End shapes

technology packaged enterprise solutions

  1. True

  2. False

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Correct Option: B

Can we give audit not in utility
technology packaged enterprise solutions

  1. True

  2. False

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Correct Option: B

Local Flow Actions update a work object, but do not complete the assignment with which they are associated. The attachment local actions update the work object, as reflected in the history of that object. Is this statement true ?
technology packaged enterprise solutions

  1. True

  2. False

Show answer
Correct Option: B

In a Utility, how do I set a Status that can be tested in the flow?

technology packaged enterprise solutions

  1. Use a Java step

  2. Call History-Add

  3. Use the TaskStatus-Add method

  4. Use a Transition

Show answer
Correct Option: C

Which among the following can be a Journal Entry Source?

technology packaged enterprise solutions

  1. A. Fixed Assets

  2. B. Projects

  3. C. Inventory

  4. D. All of the above

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Correct Option: D

Which of the following explains the purpose of FSG Reports

technology packaged enterprise solutions

  1. A. Create custom financial statements

  2. B. Create Consolidated report and perform consolidation for companies sharing the same general ledger

  3. C. Report on translated and foreign currency amounts

  4. D. All of the above

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Correct Option: D

You can create ___________ to reverse accruals, estimates, temporary adjustments and reclassifications, or correct errors.
technology packaged enterprise solutions

  1. A. Manual Journal Entries

  2. B. Reversing Journal Entries

  3. C. Recurring journal entries

  4. D. Mass allocation journal entries

Show answer
Correct Option: B

___________ are used for transactions that repeat for every accounting period, such as accruals, depreciation charges, and allocations
technology packaged enterprise solutions

  1. A. Mass Allocations

  2. B. Reversing Journal Entries

  3. C. Manual Journal

  4. D. Recurring Journals

Show answer
Correct Option: D

__________are journal entries that utilize a single journal entry formula to allocate balances across a group of cost centers, departments, divisions or other segments.
technology packaged enterprise solutions

  1. A. Mass Allocations

  2. B. Manual Entry

  3. C. Reversing Journal Entry

  4. D. None of the above

Show answer
Correct Option: A

Oracle general ledger integrates with
technology packaged enterprise solutions

  1. A. Payables

  2. B. Receivables

  3. C. Assets

  4. D. All of the above

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Correct Option: D

Identify the sequence od steps involved in integrating with subledgers

technology packaged enterprise solutions

  1. A. Subledgers -> Journals -> Journal Import -> Post

  2. B. Subledgers -> Journal Import -> Journals -> Post

  3. Subledger -> Post -> Journal Import -> Journals

  4. D. None of the above

Show answer
Correct Option: B

Which of the following are key foreign currency concepts in oracle general ledger

technology packaged enterprise solutions

  1. A. Conversions

  2. B. Revaluation

  3. C. Translation

  4. D. All of the above

Show answer
Correct Option: D

Which of the following is a journal entry type

technology packaged enterprise solutions

  1. A. Manual Journal Entries

  2. B. Recurring Journal entries

  3. C. All of the above

  4. D. None of the above

Show answer
Correct Option: C

__________ is an account whose balance is the sum of balances from multiple detail accounts

technology packaged enterprise solutions

  1. A. T Account

  2. B. Detail Account

  3. C. Summary Account

  4. D. Accrual Account

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Correct Option: C

Which of the following is not a recurring journal type

technology packaged enterprise solutions

  1. A. Skeleton Journals

  2. B. Standard Journals

  3. C. Variance Journals

  4. D. Formula Journals

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Correct Option: C

_________ is a powerful feature to automate journal batch validation and generation

technology packaged enterprise solutions

  1. A. Auto Lockbox

  2. B. Application rules

  3. C.Auto Cash

  4. D. Auto Allocations

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Correct Option: D

Select the budget hierarchy method from the available options
technology packaged enterprise solutions

  1. A. Top - Down Budgeting

  2. B. Bottom - Up Budgeting

  3. C. Middle - Out Budgeting

  4. D. All of the above

Show answer
Correct Option: D

_____________report reconcile the general ledger cash account to the bank statement balance
technology packaged enterprise solutions

  1. A. AP Reconciliation

  2. B. AR Reconciliation

  3. C. GL Reconciliation

  4. D. Assets Reconciliation

Show answer
Correct Option: C
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