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Free Dumps Oracle Other Oracle Certification 1Z0-516 : Oracle EBS R12.1 General Ledger Essentials

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Question 1: The GL accountant tells you that he is running the tests to check the budget functionality. He
says that the GL period was closed, but he was able to post the budget journal in a closed period.
You check the setup and confirm that the GL period in which he was able to post the budget journal
was closed. What explanation do you give?
A. The Require Budget Journal profile option is set at the set of books level.
B. The budget status is frozen.
C. The budget year is open.
D. The budget status is current.
Correct Answer: C
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