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NEW QUESTION: 1
You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements.
A. For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.
B. For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.
C. For period end accruals, accounting is created at material receipt or at delivery to a final destination.
D. For period end accruals, the invoice accounting debits the expense account and credits the liability account.
Answer: A,D
Explanation:
Explanation/Reference:
Reference https://fusionhelp.oracle.com/helpPortal/topic/
TopicId_P_A87306EB5A7752DFE040D30A68817FB2

NEW QUESTION: 2
An engineer needs to make changes to a service profile that is bound to a service profile template. The service profile is associated to a production server that is online. Which statement describes what occurs when the engineer clicks the "unbind" option?
A. Cisco UCS Manager requests the service profile to be disassociated from the server so that the service profile can unbind.
B. The service profile unbinds from the template, and the server remains online.
C. The service profile unbinds from the template, and the server shuts down automatically.
D. Cisco UCS Manager requests the server to shut down so that the service profile can unbind.
Answer: B
Explanation:
Reference: https://supportforums.cisco.com/t5/unified-computing-system/disassociate- service-profile-fromserver/td-p/2785270

NEW QUESTION: 3
Which of the following is a reason to institute output controls?
A. To recover damage after an identified system failure
B. To protect the output's confidentiality
C. To preserve the integrity of the data in the system while changes are being made to the configuration
D. To detect irregularities in the software's operation
Answer: B
Explanation:
The correct answer is "To protect the output's confidentiality". In addition to being used as a transaction control verification mechanism, output controls are used to ensure that output, such as printed reports, is distributed securely.
* Answer "To preserve the integrity of the data in the system while changes are being made to the configuration" is an example of Configuration or Change control.
* "To detect irregularities in the software's operation" is an example of Application controls, and d is an example of Recovery controls.

NEW QUESTION: 4
Which of the following situations would justify the removal of a finding from the final audit report?
A. Management has provided additional information that contradicts the findings.
B. Management believes that the finding is insignificant and unfairly included in the report.
C. Management disagrees with the report findings and conclusions in their responses.
D. Management has already satisfactorily completed the recommended corrective action.
Answer: A