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NEW QUESTION: 1
You have imported Labor transactions into Oracle Projects from Oracle Time and Labor by running the "PRC: Transaction Import" program.
What is the correct sequence to run the concurrent programs listed below to transfer the cost and accounting entries of these transactions to General Ledger?
1. PRC: Distribute Labor Cost
2.PRC: Transfer Journal Entries to GL
3.PRC: Create Accounting (with the Transfer to GL option set to "No")
4.PRC: Interface Labor Costs to GL
5.PRC: Generate Cost Accounting Events
6.PRC: Distribute and Interface tabor costs to GL
A. 1, 3, 6
B. 3, 6
C. 1, 5, 3, 4
D. 1, 2
E. 1, 5, 3, 2
Answer: E
Explanation:
The following activities take place as part of the expenditures process flow for labor costs: If you define your own detailed accounting rules in Oracle Subledger Accounting, then Oracle Subledger Accounting overwrites default accounts, or individual segments of accounts, that Oracle Projects derives using AutoAccounting.
Reference:Oracle Projects Fundamentals,Expenditures Process Flow Example: Labor Cost
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The purpose of an anti-money laundering program should be to do what?
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C. Avoid criticism and sanctions from government regulators
D. Detect and report cash structuring and suspicious wire transactions
Answer: B
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B. Once enabled, multiple currencies cannot be disabled.
C. After enablement, primary currency display in the parenthesis and the secondary amount displays as usual.
D. Changing the exchange rate automaticaly updates the converted amount on all records, except the closed Opportunities.
Answer: A,B
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