Saturday, December 5, 2020

Part7:Last Year Oracle Fusion General Ledger Certification Question Answers

QUESTION 25
After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature. Which feature does not belong on the list?

Option's:
A.    Application Development Framework Desktop Integration(ADFdi)
B.    Account Inspector
C.    Account Monitor
D.    Smart View

 

Answer: B


QUESTION 26
Your enterprise structure has one ledger and two business units. Business unit one wants to enable budgetary control for Requisitioning only in Procure-to-Pay Business Functions and business unit two wants to enable budgetary control for Payable Invoicing only in Procure-to-Pay Business Functions.
Which two statements are correct?

 

Option's:
A.    While defining control for business unit two, enable control at Requisitioning and define the exceptions to only include invoicing.
B.    Define control for business unit two to disable control for Requisitioning, Purchasing, and Receiving.
C.    Define budgetary control at ledger level with Budgetary Control Exceptions for each business unit.
D.    While defining control for business unit one, disable control lor Purchasing, Payable Invoicing, and Receiving.
E.    While defining control for business unit one, enable control at purchasing and define the exceptions to only include requisitioning.
F.    Define budgetary control at ledger level and only encumbrance controls at the business units.


Answer: A,F


QUESTION 27
You need to define multiple allocation rules as efficiently as possible. Which three components can be reused across allocation rules?

 

Option's:
A.    Point of View (POV)
B.    Run Time Prompts (RTP)
C.    Formulas
D.    RuleSets
 

Answer: B,C,D

 

QUESTION 28
Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

 

Option's:
A.    Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
B.    Open the Ledgers page and update the CTA account and then rerun Translation for all periods required. The system will automatically update the translated balances.
C.    Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
D.    Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.

Answer: B 

Reference:http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20375/F350915AN25358.html




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