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?
A. Define the intercompany segment with a default value.
B. Share the same value set for the company and intercompany segments.
C. Define the company segment and assign both the primary balancing segment and intercompany segment labels.
D. Create two different value sets for the company and intercompany segments.
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results. What is Oracle's recommended practice when this occurs?
A. Translate only the adjusting journal entry
B. Rerun Translation and then reconsolidate your results
C. Rerun Revaluation and then rerun Translation
D. Enter another adjusting journal entry in the target currency to true up the balances
You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?
A. The budget journal spreadsheet
B. Enterprise Resource Budget Integrator
C. File Based Data Import
D. Application Developer Framework Desktop Integrator
You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for $300 is matched to the purchase order. What will be the funds status of the purchase order and the invoice?
A. Both are Partially Reserved
B. The purchase order is Liquidated and the invoice is Partially Reserved
C. The purchase order is Partially Liquidated and the invoice is Partially Reserved
D. The purchase order is Partially Liquidated and the invoice will be Reserved
E. Both are reserved
F. The purchase order is Open and the invoice is Validated
On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)
A. Receipt accounting
B. Receivables
C. Revenue Management
D. Assets
E. Order Management
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments. Which three statements are true regarding the creation of a control budget? (Choose three.)
A. The control budget structure has all the chart of account segments as budget segments
B. Control budgets are always absolute to generate encumbrance accounting
C. A control budget is associated to a ledger and creates three control budgets for Australia, New Zealand, and Singapore
D. A control budget can allow override rules only if the control level is absolute
E. A control budget can be associated with a different calendar than accounting calendar
You want to prevent intercompany transactions from being entered during the last day of the close. What should you do?
A. Freeze the Intercompany journal source in General Ledger
B. Close all subledger periods
C. Close the General Ledger period in the Manager Accounting Periods page
D. Close Intercompany periods in Fusion Intercompany
What are the three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle
Business Intelligence Applications (OBIA)? (Choose three.)
A. Cloud customers can use both OTBI and OBIA
B. OTBI allows you to create custom reports from real-time transactional data against the database directly
C. OBIA is based on the universal data warehouse design with different prebuilt adapters that can connect to various source applications.
D. Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance.
E. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, and Cloud Applications
You need to create a month-end reporting package for an upcoming Audit Committee meeting, you have 10 financial reports that you want to share with executives and auditors that are nicely formatted.
Identify the two Oracle recommended ways to accomplish this. (Choose two.)
A. Use BI Publisher to configure the reports and then use bursting to email the reports to the executives and Audit Committee
B. Use a report batch to run reports at a specific time to create a set of snapshot reports
C. Using Workspace, assemble multiple reports into a book that can be printed and viewed individually as an entire book
D. Create a Smartview report, where the various sheets represent the different Financial Statements and send them the spreadsheet
E. Use OTBI to create multiple reports that you save to a folder that only the users can access
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 three segments for the Company, Line of Business, and Product segments and qualify them as primary balancing segment, second, and third balancing segments, respectively
D. 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
