Oracle General Ledger 2023 with complete solutions

Oracle General Ledger 2023 with complete solutions You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results. What is Oracle's recommended practice when this occurs? Translate only the adjusting journal entry Rerun Translation and then reconsolidate your results Rerun Revaluation and then rerun Translation Enter another adjusting journal entry in the target currency to true up the balances - correct answer Rerun Translation and then reconsolidate your results Your enterprise structure has one ledger and two business units. Business unit one wants to enable budgetary control for Requisitioning only on Procure-to-Pay Business Functions and business unit two wants to enable budgetary control for Payable Invoicing only in Procure-toPay Business Functions. Which two statements are correct? (Choose two.) While defining control for business unit two, enable control at Requisitioning and define the exceptions to only include invoicing While defining control for business unit one, enable control at purchasing and define the exceptions to only include requisitioningDefine budgetary control at ledger level with Budgetary Control Exceptions for each business unit While defining control for business unit one, disable control for Purchasing, Payable Invoicing, and Receiving Define budgetary control at ledger level and only encumbrance control at the business units Define control for business unit two to disable control for Requisitioning, Purchasing, and Receiving - correct answer While defining control for business unit one, disable control for Purchasing, Payable Invoicing, and Receiving Define budgetary control at ledger level and only encumbrance control at the business units You are defining intercompany balancing rules that are applied to a specific source and category, such as payable and invoices, or a specific intercompany transaction type, such as Intercompany Sales. Which two statements are correct? (Choose two.) You can create a rule for all sources and categories by selecting the source "Other" and the category "Other". If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value. You must define rules for every combination of specific categories and sources. Otherwise, the intercompany balancing will not work. Set up a chart of accounts rule for every chart of accounts structure you have in order to ensure that Intercompany Balancing will always find a rule to use to generate balancing accounts. - correct answer You can create a rule for all sources and categories by selecting the source "Other" and the category "Other"