Oracle 1Z0-228 Online Practice Questions and Exam Preparation

Oracle 1Z0-228 Online Questions & Answers

• Question 31:

  Which are the three categories of report variables that are available for use when creating PS/nVision Layouts?

  A. Tree
  B. Source
  C. Summary
  D. Scope-Related
  E. Report Request
  F. Date and Time Period
  D. Scope-Related
  E. Report Request
  F. Date and Time Period

• Question 32:

  When the Inheritance option for a ChartField is set to Always Inherit, the ChartField value on a transaction is inherited from_____.

  A. the accounting entry templates
  B. the speed type for your user ID
  C. the interunit template for the business unit
  D. one of the other entries that make up the transaction
  E. the same General Ledger Business Unit
  C. the interunit template for the business unit

• Question 33:

  Which is used to create a working calendar that identifies holidays and nonworking days?

  A. Detail Calendar
  B. Budget Calendar
  C. Calendar Builder
  D. Summary Calendar
  E. Business Calendar
  E. Business Calendar

• Question 34:

  Which statement is FALSE about Standard Journals?

  A. Standard Journal Entries (SJEs) allow you to automate the entry of similar or identical journal entries.
  B. You must define a schedule for a Spread SJE typE.
  C. You can use a normal journal entry as a model for the SJE.
  D. A Recurring journal entry is an SJE type entry that is reproduced in its entirety on a fixed schedulE.
  D. A Recurring journal entry is an SJE type entry that is reproduced in its entirety on a fixed schedulE.

• Question 35:

  The Accounts Payable Liability account 210000 is set as a Control Account. The current account balance is SO.

  Two Journal entries are made in the current perioD.

  Entry 1 Through Journal Generator

  

  What is the expected balance for Business Unit USOO1 in Local ledger for account 210000 after the Journal Post process is run?

  A. Entry 1 and Entry 2 are ValiD. The account balance is $-1200.
  B. Entry 1 and Entry 2 are Invalid for a Control Account. The account balance is $0. "
  C. Entry 1 is Invalid for a Control Account. Entry 2 is ValiD. The account balance is $-200.
  D. Entry l is ValiD. Entry 2 is Invalid for a Control Account. The account balance is $-1000.
  B. Entry 1 and Entry 2 are Invalid for a Control Account. The account balance is $0. "

• Question 36:

  Which three represent the data stored in the Ledger tables?

  A. Transaction Detail
  B. Year To Date balances
  C. Actual and Budget data
  D. Posted net period activity
  E. Forecast and Statistical data
  B. Year To Date balances
  C. Actual and Budget data
  E. Forecast and Statistical data

• Question 37:

  What is the proper approach to modifying ChartField formats and field layout for Spreadsheet Journals?

  A. Move the rows and columns directly on the Spreadsheet Journal.
  B. Click the Setup button from the Control Worksheet and the Configure button to move and delete columns and modify field formats.
  C. Use the Standard ChartField Configuration utility.
  D. Use the Advanced ChartField Configuration utility.
  C. Use the Standard ChartField Configuration utility.

• Question 38:

  John entered a reversing journal entry and posted it in June, an open montH. The Journal will reverse in July, which is a closed perioD.

  The journal was erroneously posted and John now wants to unpost the journal. The option to automatically unpost reversals when the anchor is unposted is selecteD.

  Identify the action that John should perform.

  A. Delete the July journal manually.
  B. Unpost the July journal.
  C. Unpost the June journal.
  D. Make the July journal available for edit.
  E. Create a new journal to reverse the July journal.
  E. Create a new journal to reverse the July journal.

• Question 39:

  Identify the three PeopleSoft InterUnit Methods

  A. Pairs
  B. Direct
  C. Indirect
  D. Matching
  E. Compare
  A. Pairs
  B. Direct
  C. Indirect

• Question 40:

  The following two scenarios can create distinct journal headers when running the Journal Generator.

  1) Transactions with differing_____ 2) Transactions with differing_____

  A. Ledgers
  B. Ledger Groups
  C. Journal Sources
  D. Summarization Rules
  E. journal Reversal Options
  F. Accounting Dates (if the Accounting Date option is selected for journal dates)
  B. Ledger Groups
  E. journal Reversal Options