Part11:Last Year Oracle Fusion General Ledger Certification Question Answers

QUESTION 45
You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?

 

Option's:
A.    Chart of accounts was not deployed.
B.    Accounting Configuration was not submitted-
C.    An Audit process needs to be successfully performed before a tree version can be set to Active.
D.    Two tree versions were not defined 

 

Answer: D

QUESTION 46
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results.
What does Oracle consider best practice when this occurs?

 

Option's:
A.    Translate only the adjusting journal entry.
B.    Rerun Revaluation and then rerun Translation
C.    Rerun Translation and then re consolidate your result
D.    Enter another adjusting journal entry in the currency to true up the balances.

Answer: A

 

QUESTION 47
While troubleshooting the encumbrance entries created for the requisition for your business unit, you noticed that only a few events are triggering the encumbrance journals when you submit he create accounting program. What are the two events?

 

Option's:
A.    Funds check
B.    Requisition approved
C.    Requisition rejected by the buyer
D.    Submit the requisition for approval
E.    Checkout and Save the requisition
F.    Create change request on the requisition after submitting requisition for approval 

 

Answer: B,F

QUESTION 48
You need to distribute departmental expense reports to l00 department managers in your organization. The report format is the same, but the department values differ.
What in the most efficient way to achieve this?

 

Option's:
A.    Set the Department segment as a User Point of View (POV) and submit a report batch and schedule it: to run for every department. Send the different batch outputs as PDF attachments via email to different users.
B.    Create a single report for all departments. When department managers log in to Financial Reporting Center, they will only be able to view their department's data based on Segment Value Security Rules.
C.    Set up Bursting Options for your batch to prepare multiple versions of a report from a single process.
D.    When defining the report, make the Department Segment a prompt and when users view the report, they can change the prompt to their department. 

 

Answer: D