Part6:Last Year Oracle Fusion General Ledger Certification Question Answers

QUESTION 21
Which two statements are true regarding how Intercompany Balancing Rule, are defied?

 

Option's:
A.    All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules
B.    You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.
C.    You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types
D.    You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment value.

Answer: A

 

QUESTION 22
You entered a journal and the client is asking for the following information:
•    The current account balance
•    What the future account balance will be if the Journal is approved and posted How will you get this information?

 

Option's:
A.    View the Projected Balance region in the Create Journals page.
B.    Run a Trial Balance before and after posting.
C.    Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
D.    Query the account balance online.

 

Answer: C

 

QUESTION 23
Which three reporting tools are based on real-time data or balances?

 

Option's:
A.    Oracle Business Intelligence Applications (OBIA
B.    Smart View
C.    Business Intelligence Publisher (BI Publisher)
D.    Oracle transactional Business Intelligence (OTBI)
E.    Oracle Financial Reporting (FR) 

 

Answer: B,D,E
 
 

QUESTION 24
You want to process multiple allocations at the same time. What feature do you use?

 

Option's:
A.    RuleSets
B.    Point of View (POV)
C.    Formulas
D.    General Ledger Journal entries 

 

 Answer: C