Oracle General Ledger 2023|11 questions with complete solutions

Oracle General Ledger 2023|11 questions with complete solutions You entered a cross validation rule to prevent the balance sheet cost center (000) being used with Profit and Loss Accounts (4000-ZZZZ). The following combinations exist in the Code Combination table: , , and Which two statements are true regarding cross-validation rules? (Choose two.) The rules validate and apply to new accounts only You need to run the Cross-Validation Rules process to list and optionally disable combinations that violate rules You need to run the Cross-Validation Rule Violations process to allow rules to apply to existing combinations that violate rules There is no need to create cross-validation rules if Dynamic Combination Creation Allowed is not enabled for your chart of accounts instance The rules will validate and apply to new and existing accounts - correct answer The rules validate and apply to new accounts only You need to run the Cross-Validation Rules process to list and optionally disable combinations that violate rules You are setting up Close Monitor, which compromises a ledger set hierarchy definition. Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.) Accounting Calendar Legal Entities, Business Units, and Chart of Accounts Chart of Accounts Chart of Accounts and Business Units Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method - correct answer Accounting Calendar Chart of Accounts