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| Section | Objectives |
|---|---|
| Enterprise Structure and General Ledger Setup | - Enterprise Configuration
|
| Journal Processing | - Journal Management
|
| Period Close and Financial Reporting | - Close and Reporting Activities
|
| Intercompany Accounting | - Intercompany Processing
|
| Ledger Configuration | - Ledger Management
|
| Budgeting and Allocations | - Financial Planning
|
| Security and Data Access | - Access Management
|
1. Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)
A) You can create, update, and delete account rules for a chart of accounts mapping.
B) You can create, update, and delete segment rules for a chart of accounts mapping.
C) It supports external integration using REST services.
D) You can download the template only from the Manage Chart of Accounts Mappings page.
2. Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)
A) Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
B) Each product has its own Intercompany Accounting feature that needs to be configured separately.
C) In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.
D) Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
3. You are planning to create an Income Statement using Smart View.
Which Smart View tool should you use for this?
A) Query Designer
B) Smart Queries
C) Ad Hoc Analysis
D) Smart Slices
4. Which two are valid Data Access Set types? (Choose two.)
A) Read Only access
B) Read and Write access
C) Full access
D) Primary Balancing Segment Value
E) Full Ledger
5. A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?
A) Journal level
B) Balance level
C) FBDI level
D) Adjustment only level
E) Subledger level
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: B,D | Question # 3 Answer: C | Question # 4 Answer: A,C | Question # 5 Answer: D |
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