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…
Before implementing Financials Cloud, your customer used to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this? A. Use Oracle Hyperion Close Manager to automatically reconcile intercompany account balances B. In Financials…
While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that? (Choose two.) A. The Account Rule’s conditions are not defined B. The Account Rule’s chart of accounts…
Management wants to use the budget transfer function available on the Review Budgetary Control Balances page. Which privilege is required to perform the budget transfer? A. Import Budget Amounts from Spreadsheet (XCC_IMPORT_BUDGET_FROM_SPREADSHEETS_PRIV) B. Import Budget Amounts (XCC_IMPORT_BUDGET_PRIV) C. Manage Control…
You just submitted the Accounting Configuration. What two things must happen before you can enter journals? (Choose two.) A. You must re-deploy the chart of accounts B. A Data Access Set with full read/write access to the ledger is automatically…
In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.) A. Users have very little control their Springboards and Work Areas; they can only resize columns B. They can…
All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance. They do perform intercompany accounting. What is Oracle’s recommended approach to performing consolidations? A. Use General Ledger’s Financial Reporting…
What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? (Choose two.) A. Posting performance is much faster B. Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules…
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…
On which three occasions are Essbase balances updated? (Choose three.) A. every time the tree version is published B. every time you run the batch program called “Update Essbase Balances” C. every time you open a new period D. every…