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NEW QUESTION: 1
You are implementing Oracle General Ledger at a ABC.com site. ABC.com is based in the US but has a presence in many countries worldwide, and has transactions in multiple currencies. The implementation team decides that GL multi currency setup will be part of the implementation. John, a junior consultant helping you in the implementation effort, comes to you and says that he is testing the system and entering journals in US dollars, yen and euros. He says that he is able to enter the journals in US dollars and euros, but cannot enter the journals in Japanese yen. What possible explanation can you provide to John for this?
A. Workflow needs to be customized for journals to be entered in yen.
B. Rate types have not been defined for yen.
C. Daily rates have not been entered for yen.
D. Yen currency has not been enabled.
Answer: D

NEW QUESTION: 2
In which of the following scenarios will the investment adviser be subject to criminal fraud charges?
A. all of the above. It is considered criminal fraud for an investment adviser to make any
recommendations on a security in which it has or plans to have a position.
B. An adviser owns the stock of TweedleDee Corporation and has issued a report recommending the
stock as a "buy," disclosing the fact that it owns the stock
C. An adviser sells its shares of TweedleDee Corporation after issuing a report recommending the stock
as a "buy."
D. An adviser owns the stock of TweedleDee Corporation and has issued a report recommending the
stock as a "buy" without disclosing the fact that it owns the stock.
Answer: C
Explanation:
An adviser that sells its shares of TweedleDee Corporation after issuing a report
recommending the stock as a "buy" is subject to criminal fraud charges for willfully deceiving its clients.
The adviser who recommends the stock as a buy without disclosing the fact that it owns the stock is
engaging in a prohibited activity for non-disclosure, but would be unlikely to face criminal fraud charges.

NEW QUESTION: 3
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A. Correct
B. Incorrect
Answer: B

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