Part9:Last Year Oracle Fusion General Ledger Certification Question Answers

QUESTION 33
You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which two statements are correct?

 

Option's:
A.    You must define rules for every combination of specific categories and sources. Otherwise, the intercompany balancing will not work.
B.    You can create a rule for all sources and categories by selecting the source "Other" and the category "Other."
C.    If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.
D.    Set up a chart of accounts rule for every chart of accounts structure you have in order to ensure that Intercompany Balancing will always find a rule to use to generate balancing accounts.

Answer: A,C

 

QUESTION 34
What is the most efficient way to add a new year to the accounting calendar?
 
 

Option's:
A.    Add the periods manually
B.    Use the Add Year button
C.    Import the periods from a spreadsheet
D.    The application automatically populates the next year when you open the first period a new fiscal year.

Answer: D 

Reference:https://docs.oracle.com/cd/E13228_01/fscm9pbr0/eng/psbooks/fspf/chapter.htm?File=fspf/ htm/fspf13.html

 

QUESTION 35
Your user forgot the password. How do you resolve this?

 

Option's:
A.    Use the Manage Users page to update the user's information and change the password.
B.    Use Oracle Identity Management (OIM) to reset the user's password.
C.    Log in to the user's machine as an Administrator and change the password from the login pa
D.    Use Access Policy Manager (APM) to reset the user's password.
E.    Create a new user ID and password for the user.

 

Answer: B
Reference: http://docs.oracle.com/cd/E21764_01/doc.1111/e15477/pwd.htm#IMINT236

 

QUESTION 36
Journal approval uses Approvals Management Extension (AMX).
Which AMX builder method is most effective in routing the journals to the Accounting Manager when the General Ledger Accountant enters the journal?

 

Option's:
A.    Supervisory level based on HR Supervisors
B.    Job level
C.    Position
D.    Approval Group 

 

 Answer: D