Oracle Apps Financial Question:
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What are all the differences in 11i environment and R12?

Answer:

In r12 orale introduced new concept called multi org access
control. In multi org access control we can logon in
multiple operating units from single responsbility. And
also in 11i legal entity used for reporting tax but in r12
it is used for reprting purpose and also operating
transactions and also bank information attached to legal
entitiy

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