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NO.1 Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use
intercompany entries.
What is Oracle's recommended best practice when implementing; a new chart of accounts? How
many segments and what segment qualifiers should be used?
A. Define four segments for the company, department, natur.il account, and intercompany segment.
The qualifiers should be primary balancing segment, cost center segment, natural account segment,
and intercompany segment, respectively.
B. Define five segments for the company, department, natural account, intercompany, and future use
segment. The qualifiers should be primary balancing segment, cost center segment, natural account
segment, intercompany segment, and no qualifier, respectively.
C. Define three segments tor the company, department, and natural account. The qualifiers for the
first segment should be primary balancing segment and intercompany segment, cost center segment,
and natural account segment, respectively.
D. Define three segments for the company, department, and natural account. The qualifiers shouldbe
primary balancing segment, cost center segment, and natural account segment, respectively
Answer: B
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NO.2 How can your Accounting Manager expedite Journal processing during the time critical month
end close?
A. by creating an ad hoc query on journals using Oracle Transactional Business Intelligence (OTBI)
B. by running the Journals report using Business Intelligence Publisher
C. by using the Close Status monitor to drill down on the close status across ledgers
D. by using the Journals region to view journals Requiring Attention, Requiring Approval, and Pending
Approval from Others
Answer: B
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