You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between thebalances in the subledgers, subledger accounting, and general ledger. Which three factors are responsible for…
You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account’s activities. What type of report will provide this type of information? A. An Online Transactional…
You need to create a month-end re-porting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors. In which three ways do you accomplish this? A. Using Workspace,…
You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out -of- balance situation between your sub ledgers and general ledger. Which two aspects…
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 the intercompany activity. What should you recommend? A.…
You want to define a tree or hierarchy for use in reports and allocations. What three aspects should you remember when creating the tree? A. You need to flatten the rows to be able to use drilldown in Smart View…
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 averageand end-of-day balances, reportaverage balance sheets,…
Your customer requires physical invoices to be generated in Fusion Payables and Fusion Receivables for the intercompany payables and receivables transactions. What statement is correct with regard to setting this up? A. You must assign the corresponding Receivables and Payables…
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…
You lust submitted the Accounting Configuration. Which two statements are correct? A. You must define a Data Access Set to obtain full read/write access to the ledgers in the Accounting Configuration. B. A Data Access Set with full read/write access…