QUESTION 60
What Is Oracle Essbase?
Option's:
A. A robust reporting and analysis tool
B. A relational database
C. A data ware house
D. A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion General Ledger.
Answer: B
Answer Explanation: A relational database Is Oracle Essbase.
QUESTION 61
Fusion Accounting Hub includes Hyperion Data Management. For which two tasks can Hyperion Data Management be used?
Option's:
A. chart of accounts hierarchy maintenance
B. integration with transactions from external feeder systems
C. chart of accounts master data maintenance
D. data access and security
E. cross-validation rules
Answer: A,C
Answer Explanation: Chart of accounts hierarchy maintenance & Chart of accounts master data maintenance.
QUESTION 62
You customer is a financial Institution that needs to maintain overage daily balances (ADB).
Which two statements are true regarding this functionality in Fusion Applications?
Option's:
A. ADB provides organizations with the ability to track average and end-of-day balances, report average balance sheets, and create custom reports using both actual and average balances.
B. Average balances are stored for both sub ledger balances and general ledger balances.
C. Average balances are stored in the Essbase cube.
D. Average balances are maintained for both actual and budget balances.
E. When using ADB, you must define a daily calendar and assign it to your ADB ledger.
Answer: A,D
Answer Explanation: ADB provides organizations with the ability to track average and end-of-day balances, report average balance sheets, and create custom reports using both actual and average balances & Average balances are maintained for both actual and budget balances.
QUESTION 63
You want to process multiple allocations at the same time. What feature do you use?
Option's:
A. Rule Sets
B. Point of View (POV)
C. Formulas
D. General Ledger Journal entries
Answer: C
Answer: Formulas helps to process multiple allocations at the same time .
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