Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA). A. OBIA is based on the universal data warehouse design with different prebuilt adapters thatcanconnect to various source application B. Both OBIA and OTBI provide…
You want to prevent intercompany transactions from being entered during the last day of the close. What should you do? A. Close all subledger periods. B. Close Intercompany periods in Fusion Intercompany. C. Freezethe Intercompany Journal source in General Ledger.…
Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority. What should be implemented for this type of security? A. Data Access Sets B. Cross-Validation Rules C. Segment Value…
Your new accountants have been making mistakes in reconciling accounts assigned to them. Yourbalances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation. What feature can you use to be proactively notified…
Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature. How would you automate the process of creating eliminating entries, assuming your customer is not using Oracle Hyperion Financial Close…
Your foreign currency transactions need to be revalued every month. For balance sheet accounts, you reverse the revaluation journals in the next period. You are using the period-to-date (PTD) method of revaluation tor your income statement accounts. When should you…
Which two statements are true regarding how Intercompany Balancing Rule, are defied? A. All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules B. You can only define balancing rules…
Which two types of journals can be automatically routed through the journal approval process? A. Allocation journals B. Revaluation journals C. Manual journals D. Subledgerjournals E. Journals imported from third-party systems
Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates. What steps must you perform to achieve this objective without causing data corruption? A. Purge all translated balances, change the CTA account…
Which statement is true when creating an Implementation Project for Fusion Financials? A. Selecting the Offering "Financials,"automatically allows you to perform the setup for all FusionFinancial products. B. You must select the Offering "Financials," andeach individual product or option to…