Tag: packaged enterprise solutions

Questions Related to packaged enterprise solutions

In Accounts payables, after a payment batch is built, what is the next step to perform.
technology packaged enterprise solutions

  1. FORMAT

  2. AUTOSELECT

  3. CONFIRM

  4. NONE OF THE ABOVE

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Correct Option: A

In Accounts payables, which is invalid value for Payment method

technology packaged enterprise solutions

  1. Wire

  2. check

  3. Automatic

  4. Clearing

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Correct Option: C

In General Ledger, When you define Mass Allocation formula, Account specified in Option 'A' of formula is repeated in which of the following mass allocation formula option
technology packaged enterprise solutions

  1. B

  2. O

  3. C

  4. T

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Correct Option: B

In General Ledger, which one is not a valid option for FSG components

technology packaged enterprise solutions

  1. Display Set

  2. Column Set

  3. Row Set

  4. Order Set

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Correct Option: D

In Fixed Assets, mass addition line coming from any subledger for example an invoice line in AP, becomes eligible for prepare mass addition in FA ,when following activities are performed. Which one is incorrect option
technology packaged enterprise solutions

  1. Track as an asset

  2. Accounting Posted in GL

  3. Accounting Transferred to GL

  4. Accounting created

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Correct Option: B

In Cash Management, AutoReconiliation reconciles and creates Misc Receipt and/or Misc Payment based on setup done in which of the following option

technology packaged enterprise solutions

  1. Bank Statement Mappings

  2. Bank transaction Codes

  3. System parameters

  4. Bank Statements

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Correct Option: B

Subledger Accounting feature introduced in R12 makes Global Accounting Engine feature in earlier versions obsolete
technology packaged enterprise solutions

  1. True

  2. False

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Correct Option: B

Reporting currencies feature in R12 Ledger can be used to replace MRC feature in earlier versions.

technology packaged enterprise solutions

  1. True

  2. False

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Correct Option: B

When Ledger is created then system creates two Data Access Sets automatically

technology packaged enterprise solutions

  1. True

  2. False

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Correct Option: B

Ebusiness Tax Setup is not mandatory before creating Tax Journals in R12 GL module.
technology packaged enterprise solutions

  1. True

  2. False

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Correct Option: B