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NEW QUESTION: 1
To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.
A. specify the chart of accounts intercompany payables only
B. specify the Chart of account intercompany receivables accounts, intercompany payables account the source and the category
C. specify the chart of account intercompany receivables only
D. specify the chart of account intercompany receivables and intercompany payables accounts
Answer: D
Explanation:
Defining intercompany Receivables and Payables accounts is required before using the intercompany feature.
Note:
*You must define Intracompany balancing rules if you want to balance journals automatically. You may define as many or as few balancing rules as you choose, and each balancing rule may have one or many accounting rules.
*Intracompany balancing allows you to define rules according to the business needs of your company. When there are many balancing rules defined, the Balancing API uses an evaluation order to pick the appropriate rule. Once the balancing rule is selected, there may also be several accounting rules that must be evaluated on the balancing rule. The Balancing API uses the same order for evaluating accounting rules, and understanding this evaluation order will help you define your balancing rules and accounting rules.
Reference: Oracle Financials Implementation Guide, Intercompany and Intracompany Balancing
NEW QUESTION: 2
Which of the following is correct regarding the consumer price index (CPI) for measuring the estimated
decrease in a company's buying power?
A. The CPI is skewed by foreign currency translations.
B. The CPI is measured only once every 10 years.
C. The products a company buys should differ from what a consumer buys.
D. The CPI measures what consumers will pay for items.
Answer: C
Explanation:
Choice "b" is correct. The consumer price index measures the costs of a market basket of specific goods
commonly purchased by consumers. It measures consumer buying power and is not distorted by items
generally bought by industry. Choice "a" is incorrect. The Consumer Price Index (CPI) represents monthly
data on changes in the prices paid by urban consumers for a representative basket of goods and services.
Choice "c" is incorrect. The Consumer Price Index measures what has been paid for items, not what
consumers will pay for items. Choice "d" is incorrect. The Consumer Price Index measures what has been
paid by consumers in over eighty urban areas in the United States. The amounts paid are denominated in
US dollars and would not be skewed by foreign currency translations.
NEW QUESTION: 3
内部監査人が口座残高エラーを重大であると判断する原因となるのは次の要素のどれですか？
A. エラーには、純利益の大部分が含まれます。
B. エラーは、ルーチンである未検証のトランザクションに関連しています。
C. エラーには、組織の異常なトランザクションが含まれます。
D. エラーはデータ入力関数に関係しています。
Answer: A