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1z0-516 – Oracle EBS R12.1 General Ledger Essentials

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Showing 7–9 of 10 questions

Question 7

Select the correct sequence of tasks required for period closing in Oracle General Ledger.

1. Verify that all journals are posted.

2. Close the period of each subledger.

3. Run the Trial Balance report and other month-end reports.

4. Close the period and open the next period.

5. Perform reconciliation of subsidiary ledgers.

6. Transfer and import data from all subledgers.

Select an option, then click Submit answer.

  • ○

    6, 5, 2, 1, 4, 3
  • ○

    3, 2, 1, 6, 4, 5
  • ○

    6, 5, 1, 3, 2, 4
  • ○

    6, 5, 2, 1, 3, 4
  • ○

    6, 2, 3, 1, 5, 4
Question 8

Which item cannot be queried in the Find Consolidation Process window?

Select an option, then click Submit answer.

  • ○

    balance type
  • ○

    parent period
  • ○

    mapping sets
  • ○

    parent calendar
  • ○

    elimination sets
Question 9

ABC Inc. added a new Operating Unit to its existing Multi-Org Access-enabled responsibility. When users logged in using their existing responsibility, they could not see the new Operating Unit in the list of values.

What could be the cause?

Select an option, then click Submit answer.

  • ○

    Security List Maintenance was not run.
  • ○

    The Set MO: Operating Unit profile was not defined.
  • ○

    The Set Multi-Org Preferences profile was not defined.
  • ○

    The Set MO: Default Operating Unit profile was not defined.
  • ○

    The Set MO: Security profile was not defined for the responsibility.