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 should you…

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 Ledger Trial Balance report C. Receivables to General…

Which statement is true when creating an Implementation Project for Financials Cloud? A. The Implementation Project is preconfigured and cannot be deleted or changed. B. Plan your implementation project carefully because you cannot delete it or make changes later. C.…

You are implementing Segment Value Security rules. Which two statements are true? (Choose two.) A. You can use hierarchies to define rules. B. The Segment Value Security rules do not take effect until you assign the rules to users and…

After loading your budget data into Fusion General Ledger, you can view budget balances using these features. Which feature does not belong on the list? A. Application Development Framework Desktop Integration (ADFdi) B. Account Inspector C. Account Monitor D. Smart…

You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for $300 USD is matched to the purchase order. What will be the fund status of the purchase order and invoice? A. The…

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 two are prerequisites for creating subledger accounting entries? A. Completing accounting transformation definition and activating Subledger Journal Entry Rule Set assignments for the Accounting Method B. Populating supporting reference information in reference objects C. Selecting source values from transaction…

You create a prepayment for USD 100 and validate it to consume the budget and reduce available funds under the prepayment account. You then pay the prepayment of USD 100 create an invoice for USD 300, and validate the* invoice…

What is the most efficient way to add a new year to the accounting calendar? A. Add the periods manually B. Use the Add Year button C. Import the periods from a spreadsheet D. The application automatically populates the next…