Which method will reverse accruals in the next accounting period?
A. Create two events, one for accrual and another for the reversal.
B. Create one entry and use Accrual Reversal GL Date.
C. Create one event and use the Accounting Reversal attribute.
D. Create one event and use the GL functionality to perform the reversal.
You have been given a task to update a calendar by adding a new period to it. What is the quickest way to perform this task?
A. Manually add the periods.
B. Use the Add Year button.
C. Run the Other - Calendar Validation Report.
D. The application automatically populates the next period.
Identify the option that needs to be selected at the header level when assigning a header level subledger Journal Rule Set.
A. Accounting Date
B. Description
C. Supporting Reference
D. Ledger
E. Currency
XYZ Company has two departments: Marketing and Finance. The Finance Department has two Functional divisions: receivables and payables. Select the flow for establishing hierarchy.
A. Hierarchy between functional divisions only
B. Hierarchy between departments only
C. Hierarchy between the organization and its departments, and between the departments and their respective functional divisions
D. hierarchy between the organization and its departments and functional divisions only
When recording the closing of a loan, you can link to the account that was used to book the loan origination. Which option would you choose in Journal Line Rule?
A. Link Journal Lines Options set to None
B. Link Journal Lines Options set toBusinessFlow
C. Link Journal Lines Options set to Copy from Corresponding Line
D. Merge Matching Lines to All
E. Journal Line Rule Conditions
Identify the set up that needs to be completed before you can use cubes.
A. Microsoft Office
B. Ledger
C. FSG
D. Report Builder
To update the intercompany calendar to use a different general ledger accounting calendar, the intercompany period status for all intercompany transaction types must be .
A. Open
B. Closed
C. Either Open or Closed
D. Never Opened or Closed
Identify two valid points to be considered when configuring the workspace database connection.
A. Ledgersetup has to be completed after the database connection is created.
B. Cubes are created as part of ledger setup.
C. Multiple cubes can be defined for each combination of the chart of accounts and the accounting calendar.
D. A database connection is needed for each cube.
E. An ODBC connection is always required.
Where do you perform real-time, ad hoc queries from a data warehouse?
A. General Accounting and Journals dashboards
B. Oracle Transaction Business Intelligence
C. Oracle Business Intelligence Analytics
D. Account Monitory and Account Inspector
What are two reasons for using scorecards?
A. KPIs are represented hierarchically
B. an objective and its supporting child objectives
C. Dimension Pinnings
D. Assessment Mappings
E. Gauges