Can a flexfield qualifier be changed after it has been created? No.

Once a segment qualifier has been designated for a specific segment and has been saved, it will permanently have the attributes with that qualifier. For example, you accidentally designate the cost center segment as the natural account segment. Even though you do not compile this, the system saves the changes. And once it has been saved, it will have all the attributes designated for the natural account qualifier, even after it has been changed back, resaved with the correct qualifier and compiled. This is the inherent functionality of the software. Unfortunately, there is no real easy solution for this issue. The only option is to create a new chart of accounts and attach a new set of books. Does the Accounting Flexfield needs one segment flagged with the Intercompany qualifier? The intercompany segment is an optional Intercompany feature for the Intercompany Segment Balancing. It is not required in order to do intercompany balancing. It is just another way to do the intercompany balancing, instead of using different natural accounts to track intercompany balances, you can use the intercompany segment in the Chart of Accounts to record the same detail. It is more just a matter of preference of how you want to track the intercompany transactions. Can different Sets of Books share the same Value Set? If there is a set of books that uses a particular value set and a new book is created, it can use the existing value set. When the Account Flexfield Structure is created, simply choose the existing value set from the List of Values. However,if you use an existing value set, the new structure will also inherit the existing values in the value set. It does not create an empty value set to be populated. Can the Accounting Flexfield Segment name be changed? Nothing about a flexfield structure should be changed since this could seriously impact your existing data and cause inconsistencies The LOV (list of values) prompt and window prompt that appear on the segment form can be changed so the users can see the segment with a different name. 1. Navigate to Setup: Financial: Flexfield: key: segments 2. Query all 3. Unfreeze your flexfield 4. Open the segment summary screen 5. Choose the segment you wish to change 6. Change the LOV and window Prompts and insert the new name. 7. Save your work 8. Freeze the Flexfield which should launch a concurrent request. 9. Check the log and make sure the compile worked OK. How to add a new value to an existing segment? On the Segment Values form, insert a new row with your new value. Make sure the segment qualifiers are set correctly (Allow Posting and Budgeting). If this is the natural account segment, specify the Account Type also. How to delete a segment value? There is no supported way to delete a segment value. Segment values can only be disabled not deleted. How to enable an existing Future-Use accounting flexfield segment? Do the following, on the Key Flexfield Segments form: 1. Unfreeze the accounting flexfield 2. Change the Window Prompt name to a valid name (do NOT change the segment name)

3. Update the Default Type and Default Value (if necessary) 4. Freeze the accounting flexfield and recompile How to re-enable an account value? In order to re-enable an account value or remove an end date, do the following: 1. Unfreeze the accounting flexfield structure 2. Re-enable the account value or remove the end date of the segment value. 3. Re-freeze the accounting flexfield structure and recompile. 4. Log out of the applications and log back in. Is there a way to load values for a specific segment outside of the form? iSetup is the Oracle product that provides supported APIs to load values into Oracle Applications flexfields. To load code combinations ADI may be used. Uploading zero amount journals will create new code combinations. In this case Dynamic Insertion should be enabled and all account segment values need to exist before the new account code combinations will be dynamically created. What is the difference between Hierarchical and Non-hierarchical Security Type? Hierarchical Security: This feature combines Flex Value Security and Flex Value Hierarchy. The end result is ?a flex value is secured if one of it?s parents is secured?, i.e. if a parent value is excluded then all the children are also excluded. With non-hierarchical security, the child values do not inherit the parent security. Which tables store segment values and descriptions? FND_FLEX_VALUES_TL FND_FLEX_VALUES. R12 Oracle Financials Modules: GL, AP, AR, FA and CE 1. Which module is not included in Procurement? a) Oracle Payables b) Oracle Purchasing c) Oracle Order Entry d) Oracle Cash Management e) Both C) and d) f) Both b) and d) 2. Top Ten List is a. Shortcuts to up to ten user-defined functions b. Shortcuts to the ten most frequently used functions c. Shortcuts to exactly ten user-defined functions d. List of the top ten new features 3. Which of the following data are not partitioned by operating units? a. Payables b. Assets c. Receivables

d. Purchasing e. Order Management 4. Which of the following are reasons why it is desirable to share information between applications? a. Minimizes time for implementation setup b. Makes information available to every application in the system c. Minimizes data synchronization problems, because each piece of data is kept in only one table d. Keeps users from having to enter identical data in more than one place e. Increases processing speed 5. Which of the following is not a qualifier for an accounting flexfield? a. Balancing segment b. Category segment c. Natural account segment d. Cost center segment e. Secondary Tracking Segment f. Management Segment 6. Which of the following is not an organization classification? a. Primary Ledger b. Legal entity c. Operating unit d. Inventory organization e. Business Group 7. How are journal entries in Oracle General Ledger organized? a. Lines, Headers, Batches b. Groups and then Lines c. Batches, Headers and then Lines d. Worksheets, headers, lines e. Batches, Worksheets and Headers 8. Is it necessary to change password at regular intervals in Oracle Applications? a. True b. False 9. It is possible to create Responsibility for General Ledger Application without Menu? a. True b. False 10. The maximum number of segments in Chart of Accounts flexfield is 40. a. True b. False 11. Which of the following is not part of Responsibility? a. Menu b. Data Group c. Request Group d. Password e. None of the above

12. Descriptive Flexfields are mandatory in Oracle Applications. a. True b. False 13. Chart of Accounts is a good example for Descriptive Flexfield in Oracle. a. Yes b. No 14. Once we login to Oracle Applications, we can not logout immediately. a. True b. False 15. What is CCID? a. Cross Currency ID b. Code Combination ID c. Cost Center ID d. Compilation Code ID e. None of the above 16. It is necessary to configure MO: Operating Unit for Accounts Payables Application? a. True b. False 17. Oracle Alerts can be used to send alert messages to managers in the company? a. True b. False 18. Which of the following is not a valid Oracle Alert? a. Periodic alert b. Event Alert c. Monthly Alert d. Yearly Alert e. All of the above f. Both C) and d) 19. Oracle workflow can be used for a. sending notifications to employees as required b. setting approvals mechanism in the company c. implement business flow in company d. All of the above 20. One of the users in the company forgot his password. Which of the following is appropriate? a. User will not be able to login to the application in his lifetime b. User can request system administrator to change the password c. system administrator needs to create a new user immediately d. Company needs to dismiss the employee for forgetting the password e. None of the above

21. What is MOAC? a. Multiple Organization Access Control b. Multiple Organization Applications Control c. Multiple Operations Units Access Control d. Match Organizations with Account Codes e. None of the above 22. Which of the following is optional while defining Responsibility? a. Menu b. Start Date c. Data Group d. Request Group e. None of the above 23. What is the difference between Key Flexfield (KFF) and Descriptive Flexfield (DFF)? a. KFF and DFF are Mandatory b. KFF and DFF are Optional c. KFF is Optional and DFF is Mandatory d. KFF is Mandatory and DFF is Optional e. None of the above 24. What of the following is true? a. Responsibility is attached to Menu b. Responsibility is attached to User c. Menus are attached to User d. User is attached to Responsibility e. None of the above 25. What of the following is a good example for Oracle Workflow? a. Posting of GL Journals b. GL Journal Approval c. GL Budget Creation d. Creation of Responsibility in Sys Admin e. None of the above 26. Which of the following items is NOT a valid consideration when you need to import legacy data into Oracle General Ledger? a. Adding new GL columns for data not accommodated by GL b. Network throughput rate c. Interfacing legacy tables to Oracle GL tables d. Working around legacy-system shortcomings e. Not Applicable 27. Which data element is not present in Oracle General Ledger? a) Budgets b) Journal entries c) Customers d) Accounts master file e) Encumbrances

28. What is the initial status of an accounting period in Oracle General Ledger? GreenChain Software Solutions Pvt. Ltd. Question Paper Private Circulation Only 4 a) Future-Entry b) Open c) Never Opened d) Closed e) Permanently Closed 29. What is the very first step in setting up Oracle General Ledger? a) Primary Ledger b) Chart of Accounts c) Suspense accounts d) Security rules e) Cross Validations Rules 30. Which option best describes the function of security rules? a) They restrict access to a Primary Ledger b) They restrict access to Account Combinations c) They restrict access to Segment Values d) They restrict access to Forms e) They restrict access to Operating Units 31. Which of the following is not a prerequisite for entering a Primary Ledger? a) Chart of Accounts b) Budgetary Control Group c) Accounting calendar d) Functional currency e) Not Applicable 32. How should T be defined in Summary Accounts? a) Summary account b) Parent value c) Child value d) Rollup group e) Not Applicable 33. By what entity is the authorization limit for manual journal entry set in Approvals? a) Position b) Journal source c) Journal category d) Employee e) User 34. If a journal with four different balancing entities is out of balance, what accounts will be used as balancing accounts? a) Intercompany account b) Suspense account

c) Offset account d) Target account e) Not Applicable 35. Which one of the following Mass Allocations options usually generates the most journal lines? a) Constant b) Looping c) Summing d) Total e) All of the above 36. Which line describes the function of the Journal Import program? a) Delete Journal entries b) Modify Journal Entries c) Import Journal entries d) Corrects journal entries e) Not Applicable 37. What of the following choices is not a valid display option in account assignments for row sets? a. B b. C c. E d. T e. Not Applicable 38. What do you need to do with bank statement lines that are marked as External? a. Reverse receipts b. Need not do anything c. Create miscellaneous transactions d. Mark them as Internal afterwards e. Stop the payments 39. Which of the following statements is true? a. You cannot purge without archiving b. You can archive without purging c. Oracle Cash Management purges Forecasting the open interface automatically d Oracle Cash Management purges Bank Statements in the open interface automatically e. Bank statements from production tables can be deleted 40. Cashier has decided to Void the Payment and wants to process the invoice only after talking to the supplier as there is some discrepancy. Which invoice action will be the best choice? a. None b. Hold c. Cancel d. Stop e. Release 41. Accounts Payables is integrated with Purchasing and uses Matching options. Which of the following is not possible in Invoice Workbench?

a. Two - Way Matching b. Three - Way Matching c. Four - Way matching d. One - Way Matching e. None of the above 42. Payables clerk has validated one invoice in Invoice Workbench in Payables module by mistake and does not want this invoice to be paid. Which one of the following is the best option? a. Cancel the Invoice immediately from invoice workbench b. Delete the invoice from Payables Application c. Inform Cashier through mail or inter office correspondence that invoice should not be paid d. Apply Hold on the invoice immediately e. Run concurrent program "Reverse Validated Invoice" and select invoice no. as parameter 43. Which of the following is NOT possible while designing Withholding Taxes in Payables? a. Create Withholding Tax Invoice during Invoice Validation b. Create Withholding Tax Invoice during Invoice Payment c. Create Withholding Tax Invoice while saving the invoice d. All of the above e. None of the above 44. Oracle payables is set up at the _____ level in a multi org environment? a. Legal Entity b. Business Group c. Operating Unit d. Inventory Organization e. HR Organization 45. Which of the following is NOT a valid Invoice Type in Payables Module? a. Prepayment b. Post payment c. Mixed d. Withholding Tax e. Debit Memo 46. Where do you assign Ledger to an Asset Book in Assets Module?? a. System Options b. Asset Category c. Book Controls d. Asset Fiscal Years e. Prorate Conventions 47. Select the sequence of physical inventory counting of assets in FA? a. Enter Physical inventory data, Run comparison, View Results b. Run Comparison, View Results, Enter Physical Inventory Data c. Enter Physical inventory data, View Results, Run comparison d. View Results, Enter Physical inventory data, Run comparison e. View Results, Run comparison, Enter Physical inventory data

48. Which of the following is not a valid Asset Book in Fixed Assets module? a. Corporate Book b. Tax Book c. Depreciation Book d. Budget Book e. None of the above 49. Among the following, which one is first step in India Localization? a. Define TDS Sections b. Supplier Additional Information c. Regime Registration d. Tax Names e. Invoice Tolerances 50. Which of the following is NOT a valid TDS threshold limit in India Localization? a. Single b. Cumulative c. Single and Cumulative d. Amount Ranges e. None of the Above 51. BOE Agent is Optional while entering Bill Entry Invoices? a. Yes b. No 52. PLA invoices can be updated with Acknowledgement Date after saving PLA entry in PLA invoice window. a. Yes b. No 53. Sale Tax Concession Form can be issued immediately after entering and saving Supplier Invoice. a. Yes b. No 54. Which of the following information is NOT used by Oracle Assets in India Localization for calculating depreciation as per IT Act? a. Block of assets b. Date Placed In Service c. Date of Acquisition d. Applicable Depreciation Rate % e. Depreciation Rate 55. Excise Registers are updated based on ___________ in the Bond Register Setup used for transaction? a. Transaction Source b. Transaction Type c. Transaction Date d. Transaction Currency e. Exchange Rate

What is Journal Import? A) Journal import is an interface used to bring journal entries from legacy systems and other modules into the General Ledger.(Specifically Journal Import gets entries from legacy data into the GL base tables. The tables populated during journal Import are GL_JE_BATCHES, GL_JE_HEADERS, GL_JE_LINES, GL_IMPORT_REFERENCES What is the use of GL_Interface? A) Gl_Interface is the primary interface table of General ledger. It acts as an interface between data originating from other modules such as AP,AR, Legacy data and the Gl Base tables. What is Actual Flag? A) Actual flag represents the Journal type. A-Actual B-Budget E- Encumbrance. What is Encumbrance? A) It is a process of Reservation of funds for anticipated expenditure from a budget. Encumbrance integrates GL, Purchasing and Payables modules. How many Key Flex Fields are there in General Ledger? A)One. Accounting Key Flex Field. How many types of Budgets are there? A)Two Types. Expenditure Budgets Revenue Budgets. What are Spot Rate, Corporate Rate, Transaction Calendar and Accounting Calendar? Spot Rate: An exchange rate which you enter to perform conversion based on the rate on a specific date. It applies to the immediate delivery of currency. Corporate Rate: An Exchange rate that we define to standardize rates for our company. This rate is the standard market rate determined by the senior financial management for use through out the organization. User Rate: Conversion rate that is defined by the user. EMU Fixed Rate: An exchange rate that is provided automatically by the General Ledger while entering journals. It uses a foreign currency that has a fixed relationship with the euro. Transaction Calendar: Defines the business days and holidays for any calendar. Accounting Calendar: Defines different types of calendars namely Fiscal, Federal Fiscal, Month etc. What is Security Rule? Security Rules are defined to control the access of a flexfield segment value (Financial information) at

a responsibility level. What are Cross Validation & ADI? CVS Cross validate segments Allows only valid code combinations. ADI Allow dynamic inserts. Allows any code combination irrespective of validity. ADI would prevail if both of CVS and ADI are checked. What is Translation? A) Translation is a process used to convert functional currency to other reporting currencies at the account balances level. What is Revaluation? A) It is process used to revalue assets and liabilities denominated in foreign currency into functional currency based on period end exchange rate we specify. Unrealized gains/losses are resulted because of exchange rate fluctuations which are recorded in unrealized gain/loss account in GL. What is FSG (Financial Statement Generator)? A) Financial statement generator feature helps us to generate reports such as balance sheets and income statements with out programming. It also provides a high degree of control on the rows, columns, contents and calculations on the report. Different components such as row set, column set, content set, row order, display set have to be defined before a statement is generated, of which row set and column set are mandatory. What is Consolidation? A) Consolidation is a period-end process of combining the financial results of separate business subsidiaries with the parent company to form a single combined statement of financial results. At what level General Ledger data is secured? A) GL data is secured at Set of Book level. Subledger module data is secured at Responsibility level (i.e., at Operating Unit Level).