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QUESTION 43
You are implementing Financials Cloud and are using spreadsheets to load Legal Entities, Business Units, and Account Hierarchies. Which three setup objects can be loaded via a spreadsheet from Functional Setup Manager? (Choose three.)
A. Complete Accounting Configuration
B. Suppliers and Customers
C. Banks, Bank Accounts, and Branches
D. Chart of account values, accounting calendar, and ledger
E. Setup data for Receivables and Payables product
Answer: BCD
Explanation:
https://docs.oracle.com/cloud/latest/financialscs_gs/FACSF/FACSF1004386.htm#FACSF1236038
QUESTION 44
You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information. You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts. What is the solution?
A. Use the Open Account Balances Listing report that has balances by customer.
B. Use the Third Party Control Account feature.
C. Use Supporting References to capture customer classification information.
D. Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
Answer: C
QUESTION 45
Your customer wants to use a clearing company to automatically balance Intercompany entries. Which three statements are true regarding the use of a clearing company value? (Choose three.)
A. Clearing companies are not supported.
B. If you map legal entities to balancing segment values, then a clearing company can only be applied within a legal entity.
C. You must map legal entities to balancing segment values in order to use a clearing company.
D. If you do not map legal entities to balancing segment values, then a clearing company can be applied to any journal within the ledger.
E. If you choose to use a clearing company, you can define a default clearing company value or select the clearing company value directly in the general ledger journal.
Answer: ACE
QUESTION 46
Your user forgot the password. How do you resolve this?
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 panel.
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
Explanation:
http://docs.oracle.com/cd/E21764_01/doc.1111/e15477/pwd.htm#IMINT236
QUESTION 47
What are the two benefits of having the Essbase cube embedded in Fusion General Ledger? (Choose two.)
A. General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.
B. You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
C. You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
D. Posting performance is much faster.
E. Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.
Answer: BD
QUESTION 48
Which two statements are true regarding how Intercompany Balancing Rule, are defied? (Choose two.)
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: AD
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