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NEW QUESTION: 1
Account Rules are specific to ____________.
A. Accounting methods
B. Event Classes
C. Journal Rule sets
D. Event Types
E. Subledger application
Answer: E
Explanation:
Note:
*The Create Accounting process uses the values of sources assigned to accounting attributes plus accounting rules to create subledger journal entries.
*Accounting rules can be defined with either a top down, or a bottom up approach. When defining subledger accounting rules from the top down, you will initially define the accounting method followed by components of each rule, which will need to be assigned to it. When defining subledger accounting rules from the bottom up, you will initially define components for each rule and then assign them as required.
*Define accounting rules to create revenue recognition schedules for your invoices. Accounting rules determine the number of periods and percentage of total revenue to record in each accounting period. You can use accounting rules with transactions that you import into Receivables using AutoInvoice and with invoices that you create manually in the Transaction windows. You can define an unlimited number of accounting rules. *Use accounting rules to determine revenue recognition schedules for your invoice lines. You can assign a different accounting rule to each invoice line. Accounting rules let you specify the number of periods and the percentage of the total revenue to recognize in each period. You can also specify whether the accounting rules are of Fixed or Variable Duration. Accounting rules of Fixed Duration span a predefined number of periods. Accouning rules of Variable Duration let you define the number of periods during invoice entry.
Reference: Oracle Fusion Applications Financials Implementation Guide, Define Subledger Accounting Rules
NEW QUESTION: 2
UC wants to provide its 20 million customers with a portal where they can: Submit inquires, Monitor the status of those inquiries, and View their contact information. To meet these requirements, which type of portal license would be most appropriate for the customers?
A. Partner portal
B. Service Cloud portal (Customer Community)
C. Sites
D. Enterprise admin
Answer: C
NEW QUESTION: 3
What permission(s) would you assign a community manager?
A. Create and Setup Communities
B. Manage Portals
C. Setup and Create Portals
D. Manage Community Settings
E. Communities Administrator
Answer: D
