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Oracle General Ledger - ALL questions v4

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the work area currently being used

Choose matching term

In Oracle Financials Cloud, the search panel is used to search within _______________.

the internet
1
the entire cloud application
the offering related to that page
the work area currently being used

Your new accountants have been making mistakes in reconciling accounts assigned
to them. Your account balances have either spiked or dropped 3040% every period
due to human error. This causes delays in reconciliation. What feature can you use to
be proactively notified of account anomalies in a more timely manner?

Account Monitor
2

Financial Reports with Embedded charts

Smart View
 Account Inspector and its charts

You currently have one future entry period in your calendar and would like to
change this to three. How can this be achieved?

You can change the number of future entry periods on the Ledger Options Page

3 You can change the number of future entry periods using the General Accounting
dashboard

You can change the number of future entry periods by using the Close Monitor

You can change the number of future entry periods in the calendar

You create a prepayment for USD 100 and validate it to consume the budget
available funds under the prepayment account. You then pay the prepayment of
USD 100 to create an invoice for USD 300 and validate the invoice to consume the
budget and reduce available funds for the expenseaccounts using the invoice. You
then apply the prepayment fully to the invoice and revalidate it. What happens to
the available funds when you apply a prepayment that requires budgetary control?

The prepayment application was already released at the time of payment and the
4 invoice consumes funds of 300 USD.
The prepayment application releases funds of 200 USD and the invoice consumes
funds of 100 USD, with a net decrease to available funds of 200 USD.
Available funds will not change till invoice is approved.
The prepayment application releases funds of 100 USD and the invoice consumes
funds of 300 USD, with a net decrease to available funds of 200 USD.
The prepayment application releases funds of 300 USD and the invoice consumes
funds of 300 USD, with a net decrease to available funds of 100 USD.
The budget will be released only for the USD 300 invoice amount.

Don't know?

Terms in this set (339)

Which task can be Create Custom Roles
completed by using the
Security Console? Define Password Policies
(Choose Three)
Personalize the home Lock or unlock user accounts
page for a user
Lock or unlock user
accounts
Define password policies
Create custom roles.
Configure Offerings

In Oracle Financials Duty Roles are not assigned directly to users

Cloud, which two
statements are true about Duty Roles represent logical groups of task that are
Duty Roles? (Choose performed in a job
two)
You cannot create
custom Duty Roles
Duty Roles are not
assigned directly to users
Duty Roles represent
logical groups of tasks
that are performed in a
job
Duty Roles cannot inherit
aggregate privileges

Select the key features of A multidimensional reporting platform

Oracle Financials Cloud.
(Choose two) Rolebased dashboards
import of thirdparty
payroll processed data
and payslips
role based dashboards
a multidimensional
reporting platform
position synchronization
Which statements are You can use the Security Console to implement,
true about the Security customize, and manage security
Console? (Choose two)
Navigation Simulator is The IT Security Manager role grants access to the
used to create roles Security Console
You cannot create users
in the Security Console
You can use the Security
Console to implement,
customize, and manage
security
The IT Security Manager
role grants access to the
Security Console

In Oracle Financials the work area currently being used

Cloud, the search panel
is used to search within
_______________.

the internet
the entire cloud
application
the offering related to
that page
the work area currently
being used
What does the COA Segment name, segment sequence, default value
structure set? sets, and number of segments

Number of segments,
segment sequence,
default value sets,
dynamic combination
creation
Segment sequence,
default value sets,
dynamic combination
creation allowed, and
segment prompts
Segment name, segment
sequence, default value
sets, and number of
segments
none of the above

If many legal entities A balancing segment value

share a ledger, you
should identify them by
assigning which of the
following?
A balancing segment
value
a cost center segment
a natural account
segment value
an intercompany
segment value
none of the above as you
can only have one legal
entity in a ledger
You should enable a Cost Expenses
Center segment if you
plan to use the following Assets
modules? (Choose two)

Assets
Receivables
Collections
Payables
Cash Management
Expenses

How many balancing 1

segments are required
for a CoA?
3
2
4
1

Which COA component All of the above

can be created using
Rapid Implementation
Spreadsheets?

Chart of Accounts
Structure
Chart of Accounts
Instance
Cross Validation Rules
Create Account
Combinations
Segment Values
All of the above
How are transactions that Intercompany Transactions
cross legal entities
accounted for?
Standard Journal Entries
Internal Transactions
Subledger Transactions
Intercompany
Transactions

At what level can you Ledger

enable sequencing?
(Choose two) Legal Entity

Ledger
Legal Entity
Balancing Segment Value
Enterprise
Business Unit

When does the number When the journal is SAVED

get assigned to a journal
if you are using
Document Sequencing?

When the journal is

created
When the journal is saved
When the journal is
posted
When the journal is
approved
What is the 2
recommended number of
hierarchy versions you
should create if you are
manually creating
hierarchies?
1
2
3
4

Which table should you GL_DAILY_RATES_INTERFACE

use to load daily rates for
currencies?

GL_DAILY_RATES_INTERF
ACE
GL_INTERFACE
GL_RATES_INTERFACE
GL_DAILY_RATES
GL_CURRENCY_RATES_I
NTERFACE

How many segments can Up to 30

you have in your Chart of
Accounts?

25
30
15
10
Which category should Default
you assign to a role you
are creating to use with
segment value security?

CommonAbstract Role
Default
CommonJob Role
CommonDuty Role
CommonSVS Role

What can you use to Cross Validation Rules

prevent entry of invalid
code combinations?

Chart of Accounts
Security
Code Combination
Security
Segment Value Security
Code Validation Rules
Cross Validation Rules

You would like to prevent Third Party

the entry of manual
General Ledger Journals
and manual Subledger
Journals to a control
account. What do you
need to select when
setting up the value?

Customer
Third Party
Restrict Manual GL
Journals
Supplier
John and Mike should be Define a segment value security rule.
given access to enter and
view only the
transactions for Cost
Center 10. What is the
best approach for
securing data?

Use a data access set

Use role mapping
Use cross validation rules
Define a segment value
security rule

Select the correct 1) Multiple CoA instances can be created from the
statements about the same structure
CoA Instance. (Choose 2) In the CoA Instance, you have the ability to
two) override the value set assignment fro segments

1) Multiple CoA instances

can be created from the
same structure
2) In the CoA Instance,
you have the ability to
override the value set
assignment fro segments
In Oracle Cloud 1) Assignment of sequential numbers for both the GL
Applications, what does and SL journals
Accounting Sequence 2) Assignment of sequential numbers when journals
help in? (Choose two) are posted

1) Assignment of
sequential numbers for
both the GL and SL
journals
2) Assignment of
sequential numbers when
journals are posted
3) Assignment of
sequential batch
numbering
4) Assignment of
sequential subledger
accounting

Which are List Builders in Supervisory

approvals? (Choose
three) Resource

Resource Approval Group

Employee
Supervisory
Approval Group
Which application is used Oracle Business Process Management (BPM)
to configure journal Worklist Application
approval rules?

Oracle Business Process

Management (BPM)
Worklist Application
Oracle Identity
Management
Functional Setup
Manager
Financial Reporting
Center

What is the impact of You deny access to all value set values by default
enabling security for a
value set?

You have to create a data

access set to restrict
access to the values
You have to create cross-
validation rules to restrict
access to the values
You deny access to all
value set values by
default
Once enabled, users can
still access the values
until you define security
rules
An approval rule set with The notification is sent to all the participants in the
"Parallel" mode and approval group at the same time, but requires
routing as "Single", and approval from only the first responder
the approval group
consists of five members.
Select the correct flow of
the approval process.

The notification is sent to

all the participants in the
approval group at the
same time, but requires
approval from only the
first responder
The notifications is sent
to a manager who then
approves it.
The notificacions is sent
only as a notification

What validation type is Independent

recommended for the
value sets used by
accounting flex field
segments?

Independent
Dependent
Table

Journal approval is 1) Ledger Options

enabled in which of these 2) Journal Source
places? (Choose two)
1) Ledger Options
2) Journal Source
3) Ledger source
4) Journal batch
You decided to use a A CoA Mapping
Secondary Ledger to
maintain another
accounting
representation of your
Primary Ledger. The two
ledgers share the same
Calendar and Accounting
Method. What do you
need to set up in addition
to the Secondary
Ledger?

A CoA Mapping
Secondary ledger
accounting method
Reporting currency

How many segments can 3

the intercompany
balancing feature
balance?

1
2
3
4
5
The Financial Controller Create a full ledger access data set with the
has asked if it is possible readonly option selected
to give readonly access
to the ledger. What is
your response?

Create a full ledger

access data set with the
readonly option selected
It is not possible
Create a segment value
security rule

Your Primary Ledger uses Adjustments only

US GAAP and you want
to maintain a Secondary
Ledger for your IFRS
accounting requirements.
Which conversion level
would you recommend
for the Secondary
Ledger?

Balances
Journals
Adjustments only

You would like to enforce Intercompany Systems Options.

an enterprisewide
currency for you
intercompany
transactions. Where
would you set this up?

Intercompany Systems
Options
Currency options
Subledger currency
options
XYZ is implementing Dimensions are seeded and new ones cannot be
General Ledger and is added
looking to add some
dimensions to the
balances cube. Which
statement is true?

Dimensions can be
added and modified.
Dimensions need to be
chosen at the beginning
of the implementation
process
Dimensions are seeded
and new ones cannot be
added

What is the precedence 1) Primary Balancing

of intercompany Segments,LegalEntity,Ledger,COA
balancing rules?
1) Primary Balancing
Segments, LegalEntity,
Ledger, COA
2) Legal entity, ledger,
COA
3) Primary balancing
segments, secondary
balancing segments,
Legal entity, ledger
The Vision CoA is used by 2
three ledgers. One of the
ledgers has a different
calendar. How many
balances cubes are
created?
1
2
3
4
5

How many types of 3. Primary Ledgers, Secondary Ledgers, and

Ledgers are available to Reporting Currencies
configure?

1. General ledger.
2. Natural account, Cost
center,
3. Primary Ledgers,
Secondary Ledgers, and
Reporting Currencies

Which processes use Journal Posting

Ledger Options? YearEnd Closing
(Choose four) Translation
Revaluation
Monthend Reporting
Revaluation
Yearend Closing
Create Accounting
Translation
Journal Posting
Allocations
When can an allocation Once they are SUCCESSFULLY DEPLOYED
rule or rule set be
generated?

after it is successfully
validated
after it is successfully
deployed
after it is saved
after it is copied to the
General Ledger

Which reports can be 1) Trail Balance Report

used for reconciling GL 2) Accounting Analysis Report
with SubLedgers?
(Choose two)

Posting report
Account Analysis Report
Account report
Trial Balance Report

When would you use the To convert a ledger balance into another currency
Translation process? for reporting and consolidation purposes.

to convert a foreign
currency journal to a
functional currency
during journal entry

to identify foreign
currency gain's or losses
at the end of the month

to convert a ledger
balance into another
currency for reporting
and consolidation
purposes
What happens when you 1) The period is closed IF there are NO exceptions
try and close a general 2) The SL Close Exceptions report is executed
ledger period? (Choose automatically
two)
1) The period is closed IF
there are NO exceptions
2) The SL Close
Exceptions report is
executed automatically
3) The period will close
regardless of exceptions
or errors
4) The period closing
process is not critical.

What is revaluation used To manage unrealized foreign currency gains/losses

for?

to convert ledger
balances to a reporting
currency
to manage unrealized
foreign currency
gains/losses
to manage realized
foreign currency
gains/losses
to convert ledger
balances to a statistical
currency

What is the "Cost Pool" The Source

for an allocation known
as?

the Offset
the Basis
the Scenario
the Target
the Source
You currently have one You can change the number of future entry periods
future entry period in on the Ledger Options Page
your calendar and would
like to change this to
three. How can this be
achieved?

You can change the

number of future entry
periods on the Ledger
Options Page

You can change the

number of future entry
periods using the
General Accounting
dashboard

You can change the

number of future entry
periods by using the
Close Monitor

You can change the

number of future entry
periods in the calendar

SmartView is an addin Microsoft Office

from____________.

Microsoft Office
Open Source Software
Oracle Access Manager
Oracle Open Office
When is a new balance 1) When an accounting configuration is submitted for
cube created? (Choose a Primary or Secondary Ledger that uses a unique
two) combination of CoA and Calendar
2) When a new Secondary Ledger is added to an
1) When an accounting existing configuration and uses a unique
configuration is combination of CoA and Calendar
submitted for a Primary
or Secondary Ledger that
uses a unique
combination of CoA and
Calendar
2) When a new
Secondary Ledger is
added to an existing
configuration and uses a
unique combination of
CoA and Calendar
3) When a new
secondary ledger is
created
4) When the functional
setup manager task
"create a new balance
cube" is run

Where can view Account 1) General Accounting Infolets

Groups? (Choose Three) 2) The Financial Reporting Center
3) Account Monitor
Financial Reporting
Center
Cash Management
Infolets
You need to run a
scheduled process
General Accounting
Infolets
Custom Infolets
Account Monitor
What are not General 1) Margins
Accounting Infolets? 2) Period Close
(Choose two)
1) Margins
2) Period Close
3) YTD revenue
4) quarter profit

In Oracle Financials General Accountant

Cloud, which user roles
get automatic access to General Accounting Manager
Financial Reporting
Center? (Choose four) Budget Manager

General Accountant Cash Manager

Accounts Receivable
Cash Manager
General Accounting
Manager
Accounts Payable
Budget Manager

Which component is the Grid

foundation for a Financial
Reporting Studio report?

Text box
Column
Row
Grid
Chart
In Oracle Financials Balance Amount
Cloud, which dimension
has a default member
value that can be used
for a report or an
analysis?

Ledger
Balance Amount
Currency
Accounting Period

You want to import/load Oracle Hyperion Planning, Fusion edition

your highly complex
budgeting data into the
GL Balances Cube. Which
option would you use?

Oracle Hyperion
Planning, Fusion edition
Workspace
Smart View
Financial Reporting
Center

In Oracle Cloud, what 1) Spreadsheet

can you use to import 2) Flat File
budgets? (Choose three) 3) Smart View

1) Spreadsheet
2) Flat File
3) Smart View
4) ADFDi
5) OBDI
To prepare your budget, .csv
you import budget data
from a flat file. What
should be the extension
of the flat file?

.xls
.xslx
.txt
.csv

The ADF Desktop Shows the status if the rows have uploaded
Integrator spreadsheet successfully or with errors
contains a Record Status
column that shows the
status of rows after the
import operation. In this
regard, select the correct
option.

shows the status if the

rows have uploaded
successfully or with
errors

shows the status of only

those rows that have
uploaded with errors

shows the status of only

those rows that have
uploaded successfully

shows the status of those

rows that could not be
uploaded
Which statements are Secures Values by data access sets
true about importing
budget data from a Contains userfriendly list of values
spreadsheet when using
Oracle Application Supports entered currencies in addition to the
Development Framework ledger currency
(ADF) Desktop
Integrator. (Choose four) Performs most validations in the worksheet

secures values by a data

access sets

contains userfriendly lists

of values

supports multiple ledgers

and multiple COA
instances

supports entered
currencies in addition to
ledger currency

allows single calendars

and periods

performs most
validations on the
worksheet
What are the different Reporting currency consolidation when the ledgers
financial consolidation share the SAME calendar and CoA
options available in
Oracle Financials Cloud? Balance transfer consolidation when either the
(Choose three) calendar or chart of accounts is different

Reporting currency Oracle Hyperion Financial Management Fusion

consolidation when the Edition
ledgers share the SAME
calendar and CoA

Balance transfer
consolidation when
either the calendar or
chart of accounts is
different

Oracle Hyperion
Financial Management
Fusion Edition

Which part of the user Global Area

interface would you find
the Favorites and Recent
items icon?

Global Area
Navigator
settings option
Toolbar

Which of the following 1) General Ledger

are Financials functional 2) Payables
areas? (Choose three) 3) Revenue Management

1) General Ledger
2) Payables
3) Revenue Management
4) Cost center
5) Settings page
Which of the following 1) Close Calendar
are seeded General 2) Allocations
Accounting Infolets? 3) Journals
(Choose three)

1) Close Calendar
2) Allocations
3) Journals
4) Profit
5) Revenue

What can you access The Welcome Springboard and infolets

using the page control
dots on the welcome
springboard?

The Welcome
Springboard and infolets
The Navigator
The Welcome screen
Links to tasks and
programs
Which of the following Condition and Validation filters are used to narrow
are true statements about down the search that an application has to do
Cross Validation Rules? before performing a validation
(Choose two)
Cross Validation Rules validates whether a value for
Cross Validation rules a particular segment can be combined with specific
validate whether a value values of other segments.
for a particular segment
can be combined with
specific values of other
segments

Cross Validation rules

can be applied to
existing code
combinations

Condition and Validation

filters are used to narrow
down the search that the
application has to do
before performing
validation

Cross validation rules are

used to restrict access to
the values in a particular
segment

How many balancing Up to 3

segments are supported
in General Ledger?
1
2
3
4
5
When do you assign a When several legal entities share a ledger.
balancing segment value
to a legal entity?

When several legal

entities share a ledger
When you have more
than one balancing
segment value
When there is only one
legal entity in a ledger
When you have more
than one business unit

In General Ledger, an A Ledger

Accounting Method is
assigned to:
A journal batch
A ledger
A journal header
A subledger

How are General Ledger After the CoA in which the draw their data from.
Balance Cubes named?

They take the name of

the COA for which they
are created

The name is manually

defined

The name is a
combination of Ledger
and Calendar

They take the name of

the ledger for which they
are created
In General Ledger, CoA (also Calendar)
mapping from Primary
Ledger to Secondary
Ledger must be
performed when one of
the entities is different
between the two ledgers.
Identify the entity.

Chart of Accounts
Operating Units
Ledgers
Accounting Method

Which of the following Accounting Period

are balance cube Ledger or Ledger Set
dimensions? CoA Segments
Scenario
Ledger or Ledger Set Balance Amount
Currency Amount Type
Customer Currency
Business Unit Currency Type
Scenario
Supplier

What is the use of Allows users to create new account combinations as

Dynamic Combination they enter data.
Creation Allowed
feature?

Allows users to create

crossvalidation rules
Allows users with read
and write access to the
values
Allows users to maintain
security rules
Allows users to create
new account
combinations
Your User Interface page 1) Global Area
is divided into various 2) Panel
sections that include: 3) Section
(Choose three)

1) Global Area
2) Panel
3) Section
4) Toolbar
5) Settings cog

The Panel may contain 1) Task

which of the following 2) Search
tabs? (Choose three) 3) Report

1) Task
2) Search
3) Report
4) Assign
5) Browse

What are the types of 1) Business Intelligence Driven

dashboards available to 2) Role Based
users? (Choose two)

1) Business Intelligence
Driven
2) Role Based
3) User made
4) Custom
In the user preferences Current session language
which of the following Display name language
are the options related to Default language
setting up the language?
(Choose three)

Current session language

Language by role
Default language
Language format
Display name format

Setup data can be Configuration package

exported from one
instance and imported
into another. What is the
name of the object that is
used for importing the
data?

Flat file
Setup file
Configuration package
Spreadsheet

What would you use to A Reference Data Set

enable the sharing of
setup data, for example,
Depreciation Methods
across Asset Books?
A Reference Data Set
Setup file
Configuration package
What job roles are 1) Application Implementation Consultant
required to access 2) Application Implementation Manager
information within
Functional Setup
Manager? (Choose two)
1) Application
Implementation
Consultant
2) Application
Implementation Manager
3) Functional setup
manager user
4) End user

How many corporate Unlimited

books can be associated
with a Primary Ledger?

1
2
3
4
5
Unlimited

How many secondary Unlimited

ledger and reporting
currencies are supported
by Oracle Cloud
Applications?
1
2
3
4
Unlimited
Functional Setup Manger 1) Functional areas with all task listed
provides which of the 2) Configurability of the Oracle Cloud Offerings
following capabilities? 3) Export and Import capabilities
(Choose three)

1) Functional areas with

all task listed
2) Configurability of the
Oracle Cloud Offerings
3) Export and Import
capabilities
4) Layout customization
5) Functional area
configuration

Shelly wants to create a 1) Copying a Role

custom security role for 2) Simulating Navigator
an expense auditor. What 3) Editing a Role
are the functions of the 4) Comparing a Role
Security Console that
could be helpful in role
creation? (Choose four)

1) Copying a Role
2) Simulating Navigator
3) Editing a Role
4) Comparing a Role
5) Functional areas with
all task listed
6) Configurability of the
Oracle Cloud Offerings
7) Export and Import
capabilities
Company XYZ has 3 legal One Template per Business Unit
entities with 3 business
units who share the same
CoA. All 3 business units
share the same expense
types. How many
Expense Templates will
you create?

One template
One Template per
Business Unit
One template per legal
entity

Which of the following Journals can be entered entered but not posted in
statements is true about Future Enterable Periods.
accounting periods in
Oracle General Ledger?

Journals can be posted

but not entered in closed
periods

You cannot open a

permanently closed
period

Journals can be posted

for any period regardless
of the period status

Journals can be entered

but not posted in closed
periods

Journals can be entered

but not posted in Future
Enterable periods
When is a new balances When accounting configuration is submitted for a
cube created? Primary or Secondary ledger that uses a unique
(Choose two) combination of CoA and Calendar

When accounting When a new Secondary ledger is added to an

configuration is existing configuration that uses a unique
submitted for a Primary combination of CoA and Calendar
or Secondary ledger that
uses a unique
combination of CoA and
Calendar

When a primary or
secondary ledger that
uses a unique
combination of Chart of
Accounts and Calendar is
saved

When a new Secondary

ledger is added to an
existing configuration
that uses a unique
combination of CoA and
Calendar

When roles are assigned

to users who will access
the ledgers
A grid is the foundation Rows
of a Financial Reporting
Studio report. The Columns
components of a grid
are: (Choose four) Pages

Point of View Dimension POV Dimension

Columns
Pages
Reference Data Set
Business Unit
Rows

If second and third Ledger Balancing Options

balancing segments are
enabled for
intercompany balancing,
then balancing is done
using:

COA
Ledger Balancing
Options
Subledger balancing

Which of the following Translation

currency processes
would you use to restate
your ledger from the
ledger currency to a
reporting currency?

Conversion
Translation
Revaluation
Allocation
In Oracle General 1) Balance level
Ledger, a reporting 2) Journal level
currency can be linked to 3) Subledger level
a primary or secondary
ledger. At which of the
following data
conversion levels can it
be maintained: (Choose
three)

1) Balance level
2) Journal level
3) Subledger level
4) Adjustments only

Which of the following Can optionally be transferred to Payables and

are true about manual Receivables to create invoices
intercompany
transactions in Oracle Can optionally be transferred directly to General
Financials Cloud? Ledger and posted
(Choose two)

Can optionally be
transferred to Payables
and Receivables to
create invoices

Can optionally be
transferred directly to
General Ledger and
posted

Can only be imported

either through
spreadsheet or interface

Always transferred and

posted directly to the
General Ledger
What of the following It prevents users from making changes to any
statements are true about journal that has been transferred to General Ledger
Freeze Journals feature from that source
while setting up a journal
source? (Choose two) It prevents making changes to the journals before
they are posted
It prevents making
changes to journals after
they have been posted

It prevents making
changes to journals
before they are posted

It allows creation of
journals with STAT
currency

It prevents users from

making changes to any
journals that have been
transferred to general
ledger from that source

What status must a Complete

journal have in order to
be posted?

Complete
Saved
Posted
Sent

Which journal source and Specific journal source and category

category combination
will take precedence
when intercompany
balancing is evaluating
which rule to use?
Identify the Functional 1) General Ledger
Areas: (Choose three) 2) Receivables
3) Payables
1) General Ledger
2) Receivables
3) Payables
4) Financials
5) HCM

Which of the following 1) Offering Content Guides

are reports that can be 2) Related Business Objects
accessed in Functional
Setup Manager? (Choose
two)

1) Offering Content
Guides
2) Related Business
Objects
3) Year end report
4) Account balance
report

You are implementing Have the start date a full year before the start date
Oracle Financials Cloud of your ledger
and plan to go live at the
end of the current year.
You have been asked to
recommend the start
date for the Accounting
Calendar. What will your
recommendation be?

Have the start date a full

year before the start date
of your ledger
Start at the end of the
current year
Which of the following is 1) Has Legal Entities that are represented by
true for an Enterprise In Balancing Segments Values in the CoA
Oracle Financials Cloud? 2) Has Legal entities that incur transactions in
(Choose three) subledgers by Business Units
3) Consist of Legal Entities under common control
1) Has Legal Entities that and management
are represented by
Balancing Segments
Values in the CoA
2) Has Legal entities that
incur transactions in
subledgers by Business
Units
3) Consist of Legal
Entities under common
control and management
4) Enterprises dont have
legal entities
4) Legal entities have
several enterprises

Which statements are In the COA instance, you have the ability to override
true about the chart of the value set assignment for segments
account (COA) instance?
(Choose two) Appears in the user interfaces and processes

In the COA instance, you

have the ability to
override the value set
assignment for segments
Multiple COAs can be
created from the same
COA instance
You can specify the
desired sequence of the
segments
Appears in the user
interfaces and processes
The Rapid Baseline
Implementation Current
Spreadsheet will create
versions of the hierarchy.
What are these versions
called? (Choose all that
apply)

Baseline
Accounting
Current
Reporting

What validation type is Independent

recommended for the
value sets used by
Accounting Flexfield
segments?

Subset
Format Only
Independent
Dependent
Table Validated

Select the appropriate all of the above

item(s) from the period
close checklist

Perform allocations
Verify that journals are
posted
Reconcile account
balances
Consolidate subsidiary
ledgers
All of the above
None of the above