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1. How can your Accounting Manager expedite journal processing during the time-critical month-end close?
A) by running the Journals report using Business Intelligence Publisher
B) by using the Close Status monitor to drill down on the close status across ledgers
C) by creating an ad hoc query on journals using Oracle Transactional Business Intelligence (OTBI)
D) by using the Journals region to view journals Requiring Attention, Requiring Approval, and Pending Approval from Other
2. The Create Accounting program could not determine the debit side of the journal entry Which component of Subledger Accounting determines the debit or credit side of a journal entry?
A) Journal Accounting Rule
B) Journal Line Rule
C) Account Rule
D) Journal Entry Rule
E) Journal Balances Rule
3. 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?
A) Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions
B) Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting
C) Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product segment
D) Create three segments for the Company, Line of Business, and Product segments and qualify them as primary balancing segment, second, and third balancing segments, respectively
4. You are implementing a multipillar implementation of both HCM Cloud and ERP Cloud. You are implementing ERP first followed by HCM Cloud. You want to ensure your ledgers and chart of accounts are correctly defined. What should you do? (Choose three)
A) Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies
B) Use HCM's Enterprise Structure Configurator (ESC) first
C) Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets
D) Use the Rapid Implementation spreadsheet when creating your enterprise structure
E) Deploy your chart of accounts
5. Which feature outside of reporting and analysis leverages the Essbase cube?
A) Journal entries and journal approval to create journals that update balances to the cube directly.
B) Calculation manager to perform allocations based on multidimensional balances and budgets
C) period closing and opening of ledgers to keep General Ledger Cloud and the Essbase cubes in sync
D) Revaluations and translation of revalue and translate currencies stored in the Essbase cube
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B,D,E | Question # 5 Answer: D |
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