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QUESTION 13
After loading your budget data into Fusion General Ledger, you can view budget balances using these feature. Which feature does not belong on the list?
A. Application Development Framework Desktop Integration(ADFdi)
B. Account Inspector
C. Account Monitor
D. Smart View
Answer: B
QUESTION 14
Your customer is using budgetary control and encumbrance. You have an open purchase order for $500, which you decide to match to an invoice for $300. What will be the fund status of the purchase order and invoice?
A. The purchase order is Partially Liquidated and the invoice is Partially Reserved.
B. The purchase order is Partially Liquidated and the invoice will be reserved.
C. Both are reserved.
D. The purchase order is liquidated and the invoice is Partially Reserved.
E. Both are Partially Reserved.
F. The purchase order is Open and the invoice is validated.
Answer: C
QUESTION 15
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?
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
Explanation:
http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20375/F350915AN25358.htm
QUESTION 16
Which two are prerequisites for creating subledger accounting entries? (Choose two.)
A. Completing accounting transformation definition and activating Subledger Journal Entry Rule Set assignments for the Accounting Method
B. Populating supporting reference information in reference objects
C. Selecting source values from transaction objects
D. Creating subledger accounting events
E. Completing preaccounting validation
Answer: BE
QUESTION 17
Who are the three primary Functional Setup Manager users? (Choose three.)
A. End Users that perform transaction processing
B. Implementation Project Managers and Consultants
C. System Administrators
D. Application Developers
E. C-Level Executives
Answer: ABC
Explanation:
http://docs.oracle.com/cd/E29505_01/fusionapps.1111/e20365/F530303AN100AE.htm
QUESTION 18
You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out-of-balance situation between your sub ledgers and general ledger. Which two aspects should you consider when defining your AutoPost Criteria? (Choose two.)
A. Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
B. Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
C. Create your AutoPost criteria using minimal source and categories.
D. Schedule your AutoPost Criteria set to run during off-peak hours only.
Answer: BC
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