1Z0-518 practice question 2 of 25

ABC Corp. has determined its Accounting Key Flex field structure for the Implementation of Oracle E- Business Suite Release 12. The Accounting Key…

ABC Corp. has determined its Accounting Key Flex field structure for the Implementation of Oracle E- Business Suite Release 12. The Accounting Key Flex field structure contains five Segments: Company, Business Unit, Department, Account, and Product. They have the following requirements: 1) The Department values should be based on the Business Units. 2) They want to produce a quarterly Balance Sheet for each Company. Which three statements are true? (Choose three.)

Answer options

A: The Product Value Set is dependent on the Accounts.

B: The Business Unit Value Set is defined as Independent. Correct answer

C: The Account Segment has a Value Set with no Validation.

D: The Company Segment is qualified as the Balancing Segment. Correct answer

E: The Department Segment Is qualified as an Intercompany Segment.

F: Cross-validation rules are required to enforce dependency of Departments on the Business Units. Correct answer

Correct Answer:

B. The Business Unit Value Set is defined as Independent.; D. The Company Segment is qualified as the Balancing Segment.; F. Cross-validation rules are required to enforce dependency of Departments on the Business Units.

Explanation

Business Unit must use an Independent value set (B) so other segments can reference it. Company is made the Balancing Segment (D) to permit a balance sheet by company. To ensure each Department is valid only for its Business Unit, cross-validation rules are required (F); they enforce cross-segment dependencies more flexibly than dependent value sets when many-to-many relationships exist.

Why Incorrect

A. No requirement links Product to Account; making Product dependent on Account is unnecessary.
C. Accounts must be validated; a “None” validation value set would permit invalid codes.
E. Department acts as a cost center, not an Intercompany balancing segment.

References

1. Oracle General Ledger User Guide R12 (B32121-05), “Cross-Validation Rules”, pp 4-13–4-15—describes enforcing segment dependencies.

2. Oracle Financials Flexfields Guide R12 (B16148-02), “Independent and Dependent Value Sets”, pp 1-9–1-11—Business Unit independent, Department controlled by CVRs.

Keep practicing

Take the free 1Z0-518 practice test

Ten exam-style questions with answers and explanations, plus the exam facts and study guides.

Start the free practice test