• Description: Oracle 11i General Ledger
• Passing Score: 75%
• Practice Test - Number of questions: 113 questions
• Simulation Test - Number of questions: 113 questions
• Simulation Test Duration: 90 minutes
• Has explanations: No

BC Corporation wants to use one set of books for its many subsidiary companies in Canada that will share the global chart of accounts structure and the Corporate Accounting Calendar. The controller is concerned about users charging to the wrong company when entering a journal entry. Which setup would address the controller?s concern?

Answer(s)

1. - Cross validation rules would ensure that the proper code combinations are used.
2. - Suspense posting would ensure that if there are unbalanced entries, the system would makeit balanced.
3. - Intercompany accounting would ensure that if a wrong company is used, at leastintercompany accounting entries would be created.
4. - Journal approval ensures that journal entries are correct and approved before they can beposted.
5. - Segment security rules would prevent users from seeing companies that they are notsupposed to see.

- Segment security rules would prevent users from seeing companies that they are notsupposed to see.