Your customer operates three shared services that perform accounting functions across 50 countries. What feature allows them to share setup data, such as Payment Terms, across Business Units?
A. Reference Data Sets
B. Business Units functions
C. None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit.
D. Data Access Sets
Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?
A. Receivables Aging by General Ledger Account report
B. General I edger Trial Balance report
C. Receivables to General Ledger Reconciliation report
D. AR Aging report
Invoices received from a source system need to use a specific account based on 30 different expense
types. However, if the invoice is from a specific supplier type, it needs to go to a default account regardless
of the account type.
What is the solution?
A. Create two journal line rules with a condition of supplier type.
B. Create an Account Rule with 31 rule elements using one condition for each expense type and another for supplier type.
C. Create an Account Rule with two rule elements using one for expense type mapping and the other for the condition of supplier type.
D. Create an Account Rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other without any conditions.
Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to
originating transactions.
Which three features facilitate this?
A. Account Inspector
B. Smart View
C. Account Monitor
D. Online Transactional Business Intelligence
E. Financial Reports published to Excel
You customer is a financial Institution that needs to maintain overage daily balances (ADB). Which two statements are true regarding this functionality in Fusion Applications?
A. ADB provides organizations with the ability to track average and end-of-day balances, reportaverage balance sheets, and create custom reports using both actual and average balances.
B. Average balances are stored for both subledger balances and general ledger balances.
C. Average balances are stored in the Essbase cube.
D. Average balances are maintained for both actual and budget balances.
E. When using ADB, you must define a daily calendar and assign it to your ADB ledger.
Which three objectives must be considered when designing the chart of accounts?
A. Effectively manage an organization's financial business.
B. Consider implementing a single, global chart of accounts
C. Anticipate growth and maintenance needs as organizational changes occur.
D. Limit the number of segments to those you need today to reduce data entry.
E. Try to use all 30 segments and 25 characters per segment because you cannot change It later.
Your customer wants to have balance sheets and income statements for their cost center and program segments. That is, they want to have three balancing segments.
Which two recommendations would you give your customer?
A. When entering journals manually, the customer will need to make sure that the debits and credits are equal across all balancing segments because the system will not automatically balance the journal.
B. Every journal where debits do not equal credits across the three balancing segments will result in the System generating extra journal lines to balance the entry.
C. Additional intercompany rules will need to be defined for the two additional balancing segments.
D. Ledger balancing rules will need to be defined to instruct the system on how to generate balancing entries for the second and third balancing segments.
Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.
What should you do to correct the problem?
A. Open the Oracle Identity Management (OIM) and make sure the data roles were created.
B. Open the Manage Users page and make sure the employees at
C. Open Access Policy Manager (APM) and assign the roles manually
D. Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?
A. Delete the journal and create a new journal.
B. Update the journal through workflow
C. Click the Withdraw Approval button in the Edit Journals page and edit the journal.
D. Reverse the journaland create a new one.
What type of user must be defined before you can create an Implementation Project?
A. None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
B. A full-time employee that has the FSM Superuser role assigned
C. None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
D. Implementation Users
E. All roles that will be used throughout the implementation
