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Free Oracle 1Z0-517 Exam Braindumps (page: 9)

Page 9 of 77
PDF with 306 Questions

ABC Company in India imports baking equipment from XYZ Company in the USA. There is an outstanding invoice of $1, 000, 000 to be paid in two months. The USD-to-INR rate when the transaction was done was 47.5. Now the USD-to-INR rate has changed from 47.5 to 40.5. Jack, who is a treasury analyst at ABC Company, reviews the transactions and comes to a conclusion. Select two correct conclusions arrived upon by Jack. (Choose two.)

  1. XYZ Company is not impacted at all by this rate change.
  2. XYZ Company has a positive impact by this rate change.
  3. ABC Company is not impacted at all by this rate change.
  4. ABC Company has a positive impact by this rate change.

Answer(s): A,D



Select two statements that are correct for the secondary tracking segment. (Choose two.)

  1. Only the natural account segment or the balancing segment can be specified as the secondary tracking segment.
  2. Any segment that is specified as the secondary tracking segment also must be specified as the management segment.
  3. Any segment, except the natural account segment or the balancing segment, can be specified as the secondary tracking segment.
  4. This segment will be paired with the balancing segment when generating account balances for retained earnings account, unrealized gains or losses account, and the cumulative translation adjustment account.
  5. This segment will be paired with the natural account segment when generating account balances for retained earnings account, unrealized gains or losses account, and the cumulative translation adjustment account.

Answer(s): C,D



Identify four consolidation tools. (Choose four.)

  1. Interface Data Transformer
  2. Global Consolidation System
  3. Global Intercompany System
  4. Financial Statement Generator
  5. Applications Desktop Integrator

Answer(s): A,B,D,E



Identify two correct statements about the consolidation feature of Oracle General Ledger. (Choose two.)

  1. Both budget and actual balances can be consolidated.
  2. Consolidation is possible only when the subsidiaries use multiple Oracle application instances.
  3. You can consolidate balances only when there are separate ledgers for different companies.
  4. You can maintain multiple companies with similar or different accounting structures and consolidate their results for meaningful financial reporting.

Answer(s): A,D



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