Identify three functions that the Create Accounting program provides. (Choose three.)

• A. validates and creates subledger journal entries
• B. applies the application accounting definitions that are created in Accounting Builder (ABM)
• C. transfers final journal entries in the current batch run to General Ledger
• D. generates the Subledger Accounting Program Report, which documents the results of the Create Accounting program
• E. allows you to update final journal entries before the Transfer to General Ledger process is run
• F. generates the Posted Journal Report for subledger journal entries

ABC Corp. has the following Organization Structure:
* Legal Entity: A
* Operating Units: B and C
* Balancing Entities: 10, 20, and 30
Identify three correct statements regarding the Balancing Entity. (Choose three.)

• A. Each Balancing Entity must balance within itself.
• B. Balancing Entity is the lowest postable unit in the Chart of Accoutns.
• C. There can be multiple Balancing Entities within an Operating Unit.
• D. Balancing Entities can be secured at the Operating Unit level through Security Rules.
• E. Balancing Entities can be automatically secured at the Legal Entity level.

XYZ Corp. has acquired ABC Corp. XYZ operates with Multi-Org Access Control. Consequently XYZ Corp. needs to add additional Operating Units. Identify the statement that describes the sequence for adding additional Operating Units.

• A. It is not possible to add additional Operating Units.
• B. Create the Operating Unit, run the Replicate Seed Data concurrent request, create new responsibilities as necessary, and set up the MO: Default Operating Unit profile option.
• C. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program,create new responsibilities as necessary, and set up the MO: Security Profile profile option.
• D. Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
• E. Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.

Which three restrictions apply when you are paying invoices with a (quick) payment type? (Choose three.)

• A. If you want to pay multiple invoices, none can be of an invoice type of prepayment.
• B. You can select only those invoices that are due.
• C. If you want to pay multiple invoices, none can be a pay alone invoice.
• D. You can pay only as many invoices as you defined for the remittance advice of the payment document.
• E. You can select only those invoices that have the same supplier site as te payment supplier site you enter.

Here is a description of a report, file, or register.
Use this to review payments created for each bank account that you use during a time period you specify. The report lists each payment, as well as total payment amount and cleared amount of all payments.
Identify the name of this standard report.

• A. Payment Exceptions Report
• B. Payment Register
• C. Positive Pay File
• D. Payment Process Request Status Report