Oracle 1Z0-228 Online Practice Questions and Exam Preparation

Oracle 1Z0-228 Online Questions & Answers

• Question 41:

  Identify two statements that best describe Multibook.

  A. Reconciling is not required between subledgers.
  B. Translations to reporting currency is not in real timE.
  C. Functional currency and reporting currency should be maintained in the same ledger.
  D. You can post a single transaction to all base currencies or to only one of the base currencies.
  E. Each ledger may have its own base currency or it may inherit the base currency from the Genera/ Ledger Business Unit.
  A. Reconciling is not required between subledgers.
  E. Each ledger may have its own base currency or it may inherit the base currency from the Genera/ Ledger Business Unit.

• Question 42:

  Select two statements that best describe the purpose of Journal Class.

  A. determines Feeder System
  B. determines which ledger to post the journal to
  C. is used to trigger People Code and processes
  D. categorizes entries coming from both PeopleSoft and non-PeopleSoft Financial systems
  E. breaks journal entries into multiple categories for reporting purposes
  A. determines Feeder System
  E. breaks journal entries into multiple categories for reporting purposes

• Question 43:

  What does altering the description on an existing tree node do?

  A. changes the description for that node (with no effective date) only on that tree
  B. creates an error message that the description of the tree nodes cannot be changed
  C. creates a new effective-dated row, which allows you to input a new description only for that tree
  D. allows you to change the current description (or create a new effective-dated description), which updates all trees that use this node
  D. allows you to change the current description (or create a new effective-dated description), which updates all trees that use this node

• Question 44:

  You are setting up the ledgers in "Ledgers For A Unit."

  Which four items must be specified for each detail ledger before posting Business Unit data?

  A. open periods for posting
  B. balanced or unbalanced ledgers
  C. Combination Edit Rules and Groups
  D. the year and adjustment periods for posting any adjustments
  E. Average Daily Balance processing rules
  F. Consolidations and Equitizations options
  G. rules for handling Journal processing, Currency, and Approval options
  A. open periods for posting
  C. Combination Edit Rules and Groups
  D. the year and adjustment periods for posting any adjustments
  E. Average Daily Balance processing rules

• Question 45:

  From where would a user access the JRNL1.xIs Control Worksheet page?

  A. local drive
  B. file attachments
  C. General Ledger, Journals
  D. Accounting Entry Templates
  E. Set Up Financials/Supply Chain
  A. local drive

• Question 46:

  What feature is supported in combination Edits?

  A. Multiple anchor values in a combination definition
  B. Use of winter and spring trees in combination rules
  C. Multiple combination definitions in a combination group
  D. COMBO_DATA_TBL built as a part of the journal Edit process
  D. COMBO_DATA_TBL built as a part of the journal Edit process

• Question 47:

  You created a journal by using a Journal Entry TemplatE. However, before posting the journal, you realize that you missed a ChartField because it was not visible in the Journal Entry Template that you useD.

  What should you do to fix the error?

  A. Perform a SQL update to the journal.
  B. Select another Journal Entry TemplatE.
  C. Correct the error in Suspense Correction.
  D. Find a technical consultant to fix the error.
  A. Perform a SQL update to the journal.

• Question 48:

  Company ABC has 10 Business Units and a shared SetID called SHARE. How many SetlDs does ABC have?

  A. Ten
  B. Five
  C. One
  D. Zero
  E. Eleven
  A. Ten

• Question 49:

  Identify the best description for the Journal Edit Hierarchy.

  A. Journal overrides Ledger.
  B. Business Unit overrides Ledger.
  C. Business Unit overrides SourcE.
  D. Source overrides Business Unit.
  E. Journal Edit overrides based on User Preferences.
  A. Journal overrides Ledger.

• Question 50:

  Which two ChartField types does Advanced ChartField Configuration enable you to add?

  A. IntraUnit Affiliate
  B. Standard
  C. Balancing
  D. Suspense
  E. Balance Forward
  B. Standard
  C. Balancing