How do Cross Validation Rules (CVRs) handle existing violations in the Code Combinations Identification (CCID) table? A. CVRs are assigned to the end user role; therefore controlling what account code combination individuals can leverage in the General Ledger and the…
You are setting up Close Monitor to view the high-level income statement results for each ledger. Which object must you select to view this? A. OTBI Report B. Ledger Set C. Account Group D. Financial Report E. Trial Balance Report
You need to create a month-end reporting package for an upcoming Audit Committee meeting, you have 10 financial reports that you want to share with executives and auditors that are nicely formatted. Identify the two Oracle recommended ways to accomplish…
During implementation, a consultant accidentally designated the cost center segment as the natural account. Values have already been assigned and journals have been posted. Select the process that allows you to change the qualifier back to cost center qualifier. A.…
You just submitted the Accounting Configuration. What two things must happen before you can enter journals? (Choose two.) A. You must define a Data Access Set to obtain full read/write access to the ledgers in the Accounting Configuration. B. A…
Which AMX builder method is most effective in routing the journals to the Accounting Manager when its subordinate, the General Accountant, enters a journal? A. Supervisory level approval B. Dynamic Approval Groups C. Approval Groups D. Management Chain approval E.…
Which two statements are true if a journal description rule is defined with sources? (Choose two.) A. The description rule may be assigned to either the header or line level, or to both. B. The sources must also be assigned…
What are the two purposes of a secondary ledger? (Choose two.) A. It can differ from its primary ledger by the accounting method, chart of accounts, accounting calendar, currency, and/or journal processing options. B. It should only be used to…
The Delete Translated Balances process provides the ability to completely reset translations in the event that significant changes are made to the accounting configuration. Once the deletion process completes, what additional process must you run? A. Submit the Create Scenario…
In Financials Cloud, which three reporting tool can be used to access General Ledger balances? (Choose three.) A. Financial Reporting Studio B. Oracle Transactional Business Intelligence C. Application Composer D. Smart View E. Oracle Enterprise Repository