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NEW QUESTION: 1
A. Option D
B. Option B
C. Option A
D. Option C
Answer: A
NEW QUESTION: 2
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?
Choose the correct answer.
Response:
A. Goods receipt
B. Creation of purchase order
C. Invoice receipt
Answer: B
NEW QUESTION: 3
You have 10 ledgers and 30 business units and want to leverage Preference Data Sets. What is the function of Reference Data Sets?
A. allow you to assign multiple business units to users in a shared service center
B. allow you to share reference data, such as payment terms, across multiple business units to avoid redundant setup
C. allow you to secure data by business unit
D. allow you to maintain sets of related data in a Data Dictionary
Answer: B
Explanation:
Explanation/Reference:
Reference Data Sets
You begin this part of your implementation by creating and assigning reference data to sets. Make changes carefully as changes to a particular set affect all business units or application components using that set. You can assign a separate set to each business unit for the type of object that is being shared.
For example, assign separate sets for payment terms, transaction types, and sales methods to your business units.
Your enterprise can determine that certain aspects of your corporate policy can affect all business units.
The remaining aspects are at the discretion of the business unit manager to implement. This allows your enterprise to balance autonomy and control for each business unit. For example, your enterprise holds business unit managers accountable for their profit and loss, but manages working capital requirements at a corporate level. In such a case, you can let managers define their own sales methods, but define payment terms centrally. In this example:
Each business unit has its own reference data set for sales methods.
One central reference data set for payment terms is assigned to all business units.
References: https://docs.oracle.com/cloud/latest/financialscs_gs/FAIGL/FAIGL1493157.htm#FAIGL94314