1Z0-228 | Highest Quality Oracle 1Z0-228 examcollection
Q41. Your client has created an adjustment journal. The adjustment must be made in a closed period where the journals have been archived.
Which option should you select?
A. Open the period and make the adjustment.
B. Restore the archived journals and make the adjustment.
C. Restore the archived journals and ledgers, open the period, make the adjustment, and restate financial statements if necessary, in accordance with FASB or other regulatory requirements.
D. Run the Archive Journal Update process to create the adjustment in the archived and dosed perioD.
Answer: D
Q42. Which three levels represent the hierarchy of journal error processing?
A. Ledger
B. Source
C. Account
D. As of Date
E. Department
F. Business Unit
Answer: A,B,F
Q43. On which page would you set up the Cross-Product Drill Down capability for online
inquiries?
A. Ledger Template
B. Journal Entry Template
C. Accounting Entry Definition
D. Journal Generator Template
E. Ledgers for A Unit - Journal Post Options
Answer: C
Q44. 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.
Answer: A,E
Q45. Identify four true statements about tree branches.
A. Each branch can be maintained as a separate object, allowing multiple users to work on separate branches simultaneously.
B. Tree branches can be used to restrict security access.
C. When you are using the original tree, you cannot edit the branch's nodes or details until you open that brancH.
D. Branching a tree can improve PeopleSoft Tree Manager performance by reducing the amount of data accesseD.
E. Tree Manager restricts you from creating branches from a branched nodE.
Answer: A,B,C,E
Q46. which four does a balanced detail ledger require the debit amounts to equal the credit amounts?
(Choose four)
A. Book Code
B. Department
C. Business Unit
D. Adjustment Type
E. Alternate Account
F. Base Currency Code
Answer: F
Q47. 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
Answer: C
Q48. Identify three options defined within a Journal SourcE.
A. Journal Post
B. Inter/IntraUnit
C. Journal Approval
D. Currency Balancing
E. Commitment Control
F. Journal Edit Errors
Answer: C,D,F