1z0-211 Exam

Quality and Value for the 1z0-211 Exam

Test4pass Practice Exams for Oracle 1z0-211 are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development.

100% Guarantee to Pass Your 1z0-211 Exam

If you prepare for the exam using our Test4pass testing engine, we guarantee your success in the first attempt. If you do not pass the Other Oracle Certification 1z0-211 exam (ProCurve Secure WAN) on your first attempt we will give you a FULL REFUND of your purchasing fee AND send you another same value product for free.

Oracle 1z0-211 Downloadable, Printable Exams (in PDF format)

Our Exam 1z0-211 Preparation Material provides you everything you will need to take your 1z0-211 Exam. The 1z0-211 Exam details are researched and produced by Professional Certification Experts who are constantly using industry experience to produce precise, and logical. You may get questions from different web sites or books, but logic is the key. Our Product will help you not only pass in the first try, but also save your valuable time.

1z0-211 Downloadable, Interactive Testing engines

We are all well aware that a major problem in the IT industry is that there is a lack of quality study materials. Our Exam Preparation Material provides you everything you will need to take a certification examination. Like actual certification exams, our Practice Tests are in multiple-choice (MCQs) Our Oracle 1z0-211 Exam will provide you with free 1z0-211 dumps questions with verified answers that reflect the actual exam. These questions and answers provide you with the experience of taking the actual test. High quality and Value for the 1z0-211 Exam:100% Guarantee to Pass Your Other Oracle Certification exam and get your Other Oracle Certification Certification.

Hot KeyWords On 1z0-211 test

We collect some hot keywords about this exam:
Test4pass , Pass 4 Sure , Test in Side ,Pass Guide ,Test King 1z0-211 exam | 1z0-211 pdf exam | 1z0-211 braindumps | 1z0-211 study guides | 1z0-211 trainning materials | 1z0-211 simulations | 1z0-211 testing engine | 1z0-211 vce | 1z0-211 torrent | 1z0-211 dumps | free download 1z0-211 | 1z0-211 practice exam | 1z0-211 preparation files | 1z0-211 questions | 1z0-211 answers.

How to pass your 1z0-211 exam

You can search on Search Engine and Find Best IT Certification site: Test4pass.com - Find the Method to succeed 1z0-211 test,The safer.easier way to get Other Oracle Certification Certification Oracle 11i Certification .

��
��
Exam : Oracle 1Z0-211
Title : Oracle 11i General Ledger Fundamentals


1. XYZ Company has many Financial Statement Generator reports created to produce Profit & Loss statements and Balance Sheet reports. Occasionally XYZ has a need to run a report that is slightly different than the standard ones that are already created. Which two types of changes could XYZ make using the Row Order feature? (Choose two.)
A. add a new calculation
B. sort based on column values
C. display segment values and descriptions
D. change how rounding options are performed
Answer: BC

2. The Treeline Company is getting ready to complete its month-end process. It needs to create a profit and loss statement and it wants to use the Financial Statement Generator feature to create the report. Which two elements are required to create the report? (Choose two.)
A. Row Set
B. Report Set
C. Workbook
D. Column Set
E. Content Set
Answer: AD

3. BK Corporation has a legal entity in each of its business operations in the United States, Canada, Malaysia, Singapore, and Italy. The controller in Italy advises that the corporation must use the Italian statutory accounts as its natural accounts. The corporation decides to define five sets of books (one for each country) but wants to use a single, global chart of accounts structure. Choose a possible design (for the sets of books) that uses a single, global chart of accounts structure, and also meets the Italian controller's requirement.
A. The chart of accounts structure contains an extra segment for Italy.
B. The list of values in the Account segment includes a range reserved for Italy.
C. The length of the Account segment for Italy is different from that for the other countries.
D. The chart of accounts structure uses a different Value Set for the Account segment for Italy.
E. The chart of accounts structure for Italy uses Account values prefixed with a special character.
Answer: B

4. In the course of implementing General Ledger, you and your customer have created a number of Financial Statement Generator reports in a test environment. They have been tested and you are now ready to create these same reports in a production environment. You want to run the Financial Statement Generator transfer program. What is the minimum necessary to run this program? (Choose two.)
A. Database links must be defined.
B. Same set of books must be defined.
C. Same row and column sets must exist in production.
Answer: AB

5. One of your co-workers, Tim, is working to define and develop Financial Statement Generator reports where the budget amounts and actual amounts would display on the report per period. Tim comes to you and says that he has defined an FSG report according to the client's requirements; the actual amounts are correctly shown, but the problem is that budget amounts are not showing up on the report. What is your response?
A. Budget status is Frozen.
B. The last fiscal year of the budget is Closed.
C. The first fiscal year of the budget was never opened.
D. There is some issue with the assignment of accounts to the budget organization.
E. The budget name needs to be associated with the row set through control values.
Answer: E

6. XYZ Corporation has two sets of books and six inventory organizations. What is the minimum number of times that XYZ needs to run the general ledger interface in order to close the inventory at the end of each accounting cycle?
A. 2
B. 4
C. 6
D. 8
E. 10
F. 12
Answer: C

7. Revenue accounts can be viewed only by the head of the Finance team, who has a GL Superuser responsibility. She has successfully created a standard Profit and Loss statement for the company. Another member of the department with a General Ledger Supervisor responsibility has been asked to run the standard Profit and Loss statement for Feb-06. The report shows only the expenses accounts. Which two steps should she perform so that the Profit and Loss statement will run successfully? (Choose two.)
A. Recreate the Profit and Loss under her own responsibility.
B. Ask to have security removed from her responsibility.
C. Perform an on-line inquiry to get the revenue balances.
D. Ask to have the profile option FSG: Enforce Segment Value Security changed to No.
Answer: BD

8. Select the two minimum set up steps for intercompany accounting. (Choose two.)
A. Define a clearing company for all many-to-many intercompany journals.
B. Include an Intercompany segment in the chart of accounts structure.
C. Enable the Intercompany Qualifier for the Intercompany segment.
D. Enable Balance Intercompany Journal when defining the set of books.
E. Set up intercompany accounts for every journal source and journal category for intercompany transactions.
F. Set up intercompany accounts for journal source and journal category of Other.
G. Define a value set for the Company and Intercompany segments.
H. Define a journal source and a journal category for Intercompany.
Answer: DF

9. An auditor has asked the payables manager to provide detail that supports the Oracle Payables Liability amount listed on the balance sheet. Which report would best meet the auditor's request?
A. Posted Invoice Register
B. Accrual Reconciliation Report
C. Accounts Payable Trial Balance
D. Payables Account Analysis Report
E. Payable Accounting Entries Report
Answer: C

10. XYZ Enterprise has two diverse business operations in retail stores and services. It has five legal entities in Canada and five in the United States for both operations. The fiscal year end is the same for all the legal entities with 12 monthly periods. However, XYZ wants to use a 4-5-4 accounting calendar for its retail operations and a calendar-month accounting calendar for the services operations. XYZ also wants to use a single chart of accounts structure. Which five items must XYZ define to meet the minimum setup steps that are required for the sets of books for all legal entities? (Choose five.)
A. two sets of books
B. four sets of books
C. three sets of books
D. account combinations
E. one accounting calendar
F. two accounting calendars
G. chart of accounts structure
H. period types or use seeded ones
I. enable seeded CAD and USD currencies
Answer: BFGHI

11. What is the effect of summary accounts on the efficiency of the posting process?
A. Use of summary accounts increases the efficiency of the posting process.
B. Use of summary accounts decreases the efficiency of the posting process.
C. There is no effect, because summary accounts do not use the posting process to accumulate values.
D. Use of summary accounts neither increases nor decreases the efficiency of the posting process.
Answer: B

12. Which two statements would be true when helping a customer make implementation decisions for General Ledger? (Choose two)
A. Integration issues can be minimized.
B. Cost of upgrades would not be affected.
C. Patching cannot be done on a customized implementation.
D. Training can be standardized when Oracle is implemented without customization.
E. All Oracle subledger journals go directly to General Ledger to overcome interface problems.
Answer: AD

13. Select the three true statements about mapping rules. (Choose three.)
A. A rollup rule tells General Ledger what detail level of information to transfer and how to roll that information up to the parent.
B. There are only three rollup rules: 1. Transfer Level Detail - Using Detail Ranges; 2. Transfer Level Detail - Using Parent; 3. Transfer Level Summary - Using Parent
C. You can define a combination of segment values and account rules.
D. There are only two mapping rule actions: 1. Copy Value from; 2. Assign Value from
E. Mapping sets enable you transfer data from multiple subsidiaries simultaneously.
Answer: ACE

14. In creating a report, what is true about the column set? (Choose two.)
A. Formats can be set for each column.
B. Accounts cannot be assigned to a column set.
C. Calculations can be performed using columns.
D. Seeded column sets provided by Oracle must be used.
Answer: AC