Part17:Last Year Oracle Fusion General Ledger Certification Question Answers

QUESTION 69
You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?

 

Option's:
A.    Perform an account analysis online.
B.    Open a Smart View file saved on your desktop.
C.    Create an Account Group using Account Monitor.
D.    Use Account Inspector.

Answer: A

 

QUESTION 70
Which two are prerequisites for creating sub ledger accounting entries?
 

Option's:
A.    Completing accounting transformation definition and activating Sub ledger Journal Entry Rule Set assignments for the Accounting Method
B.    Populating supporting reference information in reference objects
C.    Selecting source values from transaction objects
D.    Creating sub ledger accounting events
E.    Completing pre accounting validation 

Answer: B,E

 

QUESTION 71
Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?

 

Option's:
A.    Delete the journal and create a new journal.
B.    Update the journal through workflow
C.    Click the Withdraw Approval button in the Edit Journals page and edit the journal.
D.    Reverse the journal and create a new one.

 

Answer: B

 

QUESTION 72
Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
At what level can you override the default accounting attribute assignment?

 

Option's:
A.    Event Type
B.    Journal Line Rule
C.    Event Class
D.    Journal Entry Rule Set
E.    Journal Entry 

 

 Answer: D