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NEW QUESTION: 1
Which of the following are business partner categories in SAP S/4HANA? There are 3 correct answers to this question.
A. Customer
B. Supplier
C. Group.
D. Organization
E. Person
Answer: C,D,E
NEW QUESTION: 2
A. Option B
B. Option A
C. Option C
D. Option D
Answer: D
NEW QUESTION: 3
A company is in breach of a covenant in the lending facility if the interest coverage ratio,
EBITDA/Interest , falls below 3. You forecast interest of $30 million. You estimate EBITDA to be between
$ 50 and $75 million. Assume the outcomes for EBITDA are equally likely, what is the probability that the coverage ratio will fall below 1.8?
A. 16%.
B. 15%.
C. 12%.
Answer: A
Explanation:
You forecast interest of $30 million. You estimate EBITDA to be between $50 and $75 million. Assume the outcomes for EBITDA are equally likely, the probability is 16%, and the coverage ratio will fall below 1.8.
EBITDA/Interest is a continuous uniform random variable because all outcomes are equally likely. The coverage ratio can have a range of values as follows:
EBITDA/Interest = 50/30 = 1.667 and, EBITDA/Interest = 75/30 = 2.5. Range = 2.5 - 1.667 = 0.833. The distance between 1.8 and 1.667 is 0.133. The value of 0.133 as a percentage of 0.833 is 0.133/0.833 =
0 .16 = 16%.
NEW QUESTION: 4
Identify the two steps that must be completed when performing Accounting Configuration
A. Open First Period
B. Create Primary Ledgers
C. Create Reporting Currencies
D. Create Legal Entities
Answer: B,D
Explanation:
The Setup and Maintenance work area in the Oracle Fusion Applications is used to manage the configuration of legal entities, ledgers, and reporting currencies that comprise your accounting configuration. To create a new legal entity or ledger, your implementation consultant or system administrator must create an implementation project. This implementation project can be populated by either adding a financials related offering or one or more task lists.
Reference: Oracle Fusion Applications Financials Implementation Guide, Accounting Configuration: Overview