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Question ID 22229

ABC.com is a $2 million company operating from the U.S., and has one set of books. It is spinning
off from its parent company and will be operating as an independent company. It is considering
implementing Oracle Financials but wants the product to work exactly in the same way as its
legacy systems from its parent company. What considerations should be presented to ABC in
order for it to make a well-informed decision? (Choose all that apply.)

Option A

Patching is simplified on a non-customized Oracle implementation.

Option B

Adding customizations to replicate the legacy system could increase cost of future upgrades.

Option C

Integration issues between modules are reduced when there are no customizations.

Option D

No information can be interfaced from the legacy system to the product.

Correct Answer A,B,C
Explanation


Question ID 22230

Identify the two setups that control the defaulting of Tax Information on a journal entry. (Choose
two.)

Option A

Set of Books

Option B

Journal categories

Option C

Account

Correct Answer A,C
Explanation

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