You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable? A. Allow Expansion B. Nothing. All…
You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this? A. Use Account Inspector. B. Open a Smart View file saved on your desktop. C. Perform an…
Your enterprise structure has one ledger and two business units. Business unit one wants to enable budgetary control for Requisitioning only in Procureto-Pay Business Functions and business unit two wants to enable budgetary control for Payable Invoicing only in Procure-to-Pay…
Your customer has a large number of legal entities. The legal entity values are defined in the company segment and the primary balancing segment. They want to easily create eliminating entries for their intercompany activity. What should you recommend? A.…
Identify three functions of Functional Setup Manager. A. Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted. B. Provide a central place to access and perform all of the setup steps across Cloud application products. C.…
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. Define multiple ledgers for consolidation…
What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? A. You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts. B. General…
The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the Budget Account Monitor page? A. Budget Group B. Application…
How can your Accounting Manager expedite journal processing during the time-critical month-end close? A. by using the Close Status monitor to drill down on the close status across ledgers B. by using the Journals region to view journals Requiring Attention,…
All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts, and/or accounting calendar and currency. There is no minority interest or partial ownerships. What is Oracle’s recommended approach to performing…