1Z0-516 Oracle EBS R12 Ledger Criteria, Part – 1 Exam

1Z0-516 Oracle EBS R12 Ledger Criteria, Part – 1 Exam

Sample Questions:

Enterprise ABC has operations in the United States and is headquartered in the UK. They have the same chart of accounts, accounting calendar, accounting method and ledger processing options. UK reported receivables management requires its US operations pounds per month. Identify the best option for the United States to report on the activities of their parents.

  • Create an account-level reporting currency.
  • Create a subledger level reporting currency
  • Create a magazine-level reporting currency for every transaction.
  • Create a balance between the level of reporting currency and the ledger to drive the translation.
  • None

Enterprise ABC has operations in the United States, France and Italy. The United States, France and Italy, the activities have a separate legal and regulatory requirements. Tax requirements also vary from country to country. Identify the function would perform to set up the Oracle General Ledger.

  • Create a separate legal entity and share the installation program for each operation
  • Create a single legal entity and three accounting setups in the United States, France and Italy
  • Create three legal entities and one in the book settings for the United States, France and Italy,
  • Create three legal entities each operation. Create one accounting setup for France and Italy, and one in the United States.
  • Create two legal entities: one in France and Italy, and one in the United States. Create two accounting setups: one in France and Italy, and one in the US

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