2014 Latest Oracle 1Z0-206 Exam Dump Free Download!

QUESTION 1
Identify the Key flexfields that use qualifiers with their owning applications. (Choose four.)

A.    Location flexfield (Oracle Assets)
B.    Cost Allocation flexfield (Oracle Payroll)
C.    Asset Category flexfield (Oracle Assets)
D.    Payment Terms flexfield (Oracle Payables)
E.    Credit History flexfield (Oracle Receivables)
F.    Accounting flexfield (Oracle General Ledger)

Answer: ABCF
Explanation:
A: Location Flexfield, LOC#, Oracle Assets The location flexfield allows you to specify and track the exact location of your assets. You must assign the state segment qualifier to one segment of your location flexfield. The state segment facilitates property tax reporting. All other segments are optional. You use the same setup windows to create your location flexfield as you do for your other key flexfields.
B:Cost Allocation Flexfield, COST, Oracle Payroll
C: The asset category flexfield allows you to define asset categories and subcategories. For example, you can create an asset category for your computer equipment. You can then create subcategories for personal computers, terminals, printers, and software. You must assign the major category segment qualifier to one segment of your category flexfield. The major category segment facilitates capital budgeting. All other segments are optional. You use the same setup windows to create your asset category flexfield as you do for your other key flexfields.
F:Accounting Flexfield, GL#, Oracle General Ledger
Reference: Oracle Assets User Guide, System Setup

Read more