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Oracle EBS R12: E-Business Essentials Sample Questions:

1. Select four required attributes when defining a Ledger in Oracle E-Business Suite Release 12. (Choose four.)

A) Chart of Accounts
B) Legal Entity
C) Calendar
D) Accounting Convention
E) Currency
F) Business Group

2. Select three features that Multi-Org provides to satisfy business needs. (Choose three.)

A) Procures from one Legal Entity and receives in another
B) Supports any number of business units within a single installation
C) Secures user access to data
D) Supports multiple language installations of Oracle Applications
E) Supports fixed asset management

3. Identify three true statements regarding Multiple Organization reporting. (Choose three.)

A) Cross Organization reports produce outputs across different Operating Units in a single report from a single responsibility.
B) Multiple Organization reports can be submitted for a Reporting Level of Ledger.
C) Multiple Organization reports produce outputs for different Operating Units in a single report output from a single responsibility.
D) Cross Organization reports can be submitted for a Reporting Level of Ledger.
E) Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.
F) Cross Organization reports and multiple Organization reports are the same.

4. ABC Corp. has the following Organization Structure:
1) Legal Entity: A 2) Operating Units: B and C 3) Balancing Entities: 10, 20, and 30
Identify three correct statements regarding the Balancing Entity. (Choose three.)

A) Balancing Entities can be secured at the Operating Unit level through Security Rules.
B) Balancing Entity is the lowestpostable unit in the Chart of Accounts.
C) There can be multiple Balancing Entities within an Operating Unit.
D) Balancing Entities can be automatically secured at the Legal Entity level.
E) Each Balancing Entity must balance within itself.

5. A user has been assigned with five Operating Units in his or her security profile. The user transacts in three of those Operating Units, the remaining two are used occasionally. The user can limit the list of values available to the three Operating Units by _____.

A) Setting the values for the MO: Operating Unit at the user level profile option
B) Setting the values for the MO: Default Operating Units at the user level profile option
C) Requesting the system administrator to set up MO: Default Operating Unit for the responsibility
D) Requesting the system administrator, to update the Operating Units in the security profile
E) Setting the preferred Operating Units in user preferences

Solutions: