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Question: 1

What is a benefit of the secondary tracking segment?

  1. Additional security ensures that correct accounts are selected while entering transactions.
  2. The Management segment is enabled automatically when the secondary segment is defined.
  3. More details are provided to retained earnings, cumulative translation adjustments, and revaluation gains/losses accounts.


Answer: C

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Question: 1

What is a benefit of the secondary tracking segment?

  1. Additional security ensures that correct accounts are selected while entering transactions.
  2. The Management segment is enabled automatically when the secondary segment is defined.
  3. More details are provided to retained earnings, cumulative translation adjustments, and revaluation gains/losses accounts.


Answer: C

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Question: 3

Select two actions that ledger sets permit. (Choose two.)

  1. performing variance inquiries
  2. being used for mass budgets
  3. sending budget balance inquiries
  4. viewing account balances for multiple ledgers in one view
  5. grouping multiple ledgers that share the same chart of accounts and calendar


Answer: D, E

Question: 5

Which two statements are true about the reporting currency in Oracle General Ledger? (Choose two.)

  1. It is an integrated extension of a ledger.
  2. It replaces multiple reporting currencies.
  3. Reporting currencies are the same as secondary ledgers.
  4. Reporting currencies cannot have the same chart of accounts, accounting method, and ledger processing options.


Answer: A, B