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Last Updated: Aug 15, 2026
No. of Questions: 127 Questions & Answers with Testing Engine
Download Limit: Unlimited
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| Section | Objectives |
|---|---|
| Topic 1: Journal Processing | - Creating and managing journals - Recurring journals and allocations - Journal approval workflows |
| Topic 2: Security and Access Control | - Ledger security rules - Role-based access control |
| Topic 3: Ledger and Accounting Processes | - Posting journals to ledger - Accounting calendar periods - Period close process |
| Topic 4: General Ledger Setup | - Currency and calendar setup - Ledger configuration and setup - Chart of Accounts structure |
| Topic 5: Reporting | - Standard and ad-hoc reporting - Financial statements generation |
1. Which task enables you to define the legal entities that are classified as intercompany organizations?
A) Define intercompany transactions.
B) Manage intercompany transactions.
C) Edit intercompany transactions.
D) Enter intercompany transactions.
2. How is an online ad hoc pivot table created?
A) Use Online Analyzer, if granted access by an administrator
B) Use the Location feature
C) Use the input parameters feature online
D) Export to Microsoft Excel to perform data manipulation
E) Use Style Templates
3. Identify three tasks that can be performed using the General Accounting Dashboard.
A) Receive instant visibility of transaction statuses.
B) Get a high level view of the state of a department.
C) Pay invoices to a supplier.
D) Take immediate action and drill down to uncover more detailed information.
E) Pay invoices to a contractor.
F) Configure user responsibilities.
4. Choose the three interfaces that integrate with SmartView to view, import, manipulate, distribute and share data.
A) Microsoft Word
B) Microsoft Excel
C) Microsoft Access
D) Microsoft Notes
E) Microsoft PowerPoint
5. Which three ledgers can be viewed from the Close Status work region of the General Accounting Dashboard?
A) Ledger Set
B) Debit ledgers
C) Related ledgers
D) Level ledger update
E) Currency Ledgers
F) Single Ledger
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A,B,D | Question # 4 Answer: A,B,E | Question # 5 Answer: A,E,F |
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