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Correct Answer for the following Question is given below You want to process multiple allocations at the same time. What feature do you use? Question: What feature do you use? Options: RuleSets Formulas General Ledger journal entries Point of View (POV) Correct Answer The Correct Answer for this Question is RuleSets Explanation The Question – … Read more
Correct Answer for the following Question is given below Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation. What feature can you use to be proactively notified of account anomalies in … Read more
Correct Answer for the following Question is given below Your customer uses Financials Cloud, Projects, Inventory and Procurement.Which two statements are true regarding intercompany accounting for these products? (Choose two.) Question: Which two statements are true regarding intercompany accounting for these products? Options: Each product has its own Intercompany Accounting feature that needs to be … Read more
Correct Answer for the following Question is given below You create an invoice for USD 100 that is matched to a purchase order of USD 100. You available the invoice to consume the budget and reduce funds available. And then later, you cancel the invoice. What happens to funds available when you cancel an invoice … Read more
Correct Answer for the following Question is given below Which subject area has been enhanced to allow you to drill down from OTBI General Ledger Reports to a General Ledger journal? Question: Which subject area has been enhanced to allow you to drill down from OTBI General Ledger Reports to a General Ledger journal? Options: … Read more
Correct Answer for the following Question is given below Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and Product segments for both financial and management reporting.What is Oracle’s recommended method for doing this? Question: What is Oracle’s recommended method for doing this? Options: Create a segment that acts … Read more
Correct Answer for the following Question is given below You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What so you need to enable? Question: What so you need to enable? Options: Drill Through in Grid … Read more
Correct Answer for the following Question is given below You want to enter budget data in General Ledger Cloud. Which method is not supported? Question: Which method is not supported? Options: Entering budget journals Application Development Framework Desktop Integration (ADFdi) Direct budget balance updates from a Financial Statement in Smart View File-based Data Import Correct … Read more
Correct Answer for the following Question is given below You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.What is Oracle’s recommended method to define this chart of accounts? Question: What is Oracle’s recommended method to define this chart … Read more
Correct Answer for the following Question is given below You want to prevent intercompany transactions from being entered during the last day of the close. What should you do? Question: What should you do? Options: Freeze the Intercompany journal source in General Ledger Close all subledger periods Close the General Ledger period in the Manager … Read more