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Practice questions for this set

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B. Use hierarchies and parent values in your revaluation definition.

C. Share revaluation definitions across ledgers that share the same chart of
accounts.

Choose matching term

Which options does the Batch Scheduler functionality include? (Choose three)
saving snapshots in the BI Catalog
1 bursting options
emailing reports
sending report outputs to a fax machine

You transact in 50 different currencies and you need to define a high volume of
revaluation definitions. Which two methods are Oracle recommended best practices
for streamlining this process?
A. Define separate revaluation definitions for each class of accounts, currency, and
different rate types.
2
B. Use hierarchies and parent values in your revaluation definition.
C. Share revaluation definitions across ledgers that share the same chart of
accounts.
 D. Define one revaluation definition for all accounts (assuming all ledgers share the
same chart of accounts) and simply change the parameters at run time

Which statement is true when creating an Implementation Project for Financials

Cloud?
A. The Implementation Project is preconfigured and cannot be deleted or changed.
B. Plan your implementation project carefully because you cannot delete it or make
changes later.
C. You must select the Offering "Financials," and each individual product or option
3
to perform the setup for each product in Financials Cloud.
D. Selecting the Offering "Financials," automatically allows you to perform the setup
for all Financials Cloud products.
E. You only need to make the project name unique, then you can perform the setup
for any product family, such as Financials, Procurement, Human Capital
Management and Supply Chain Management.

Identify three differences between Oracle Transactional Business Intelligence (OTBI)

and Oracle Business Intelligence Applications (OBIA).
A. OBIA is based on the universal data warehouse design with different prebuilt
adapters that can connect to various source application
B. Both OBIA and OTBI provide a set of predefined reports and dashboards and a
4 library of metrics that help to measure business performance
C. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD
Edwards, SAP, and Fusion Applications.
D. OTBI allows you to create custom reports from real-time transactional data
against the database directly
E. Cloud customers can use both OTBI and OBIA.

Don't know?

Terms in this set (305)

You entered users who C. Role Mappings
are both employees and
contingent workers. You
want an automated way
to assign, reassign, and
remove roles from users.
What feature do you
use?
A. Oracle Identity
Manager Roles
Assignment
B. Access Policy
Manager's Role
Generation
C. Role Mappings
D. Data Roles
E. You cannot reassign
contingent workers.

You want to be notified C. Create an Account Group using Account Monitor.

of anomalies in certain
account balances in real
time. What is the most
efficient way to do this?
A. Perform an account
analysis online.
B. Open a Smart View file
saved on your desktop.
C. Create an Account
Group using Account
Monitor.
D. Use Account
Inspector.
You are defining an A. Drill Through in Grid Properties
income statement report.
You want to allow
viewers of the report to
be able to drill down
from report balances to
the underlying
transactions. What do
you need to enable?
A. Drill Through in Grid
Properties
B. Report Functions
C. Nothing. All report
balances are drillable in
all FR Studio reports.
D. Allow Expansion

Your customer operates A. Reference Data Sets

three shared services that
perform accounting
functions across 50
countries. What feature
allows them to share
setup data, such as
Payment Terms, across
Business Units?
A. Reference Data Sets
B. Business Units
functions
C. None. Setup data is
partitioned by Business
Unit and must be defined
separately per Business
Unit.
D. Data Access Sets
You entered a journal A. View the Projected Balance region in the Create
and the client is asking Journals page.
for the following
information:
The current account
balance
What the future account
balance will be if the
Journal is approved and
posted
How will you get this
information?
A. View the Projected
Balance region in the
Create Journals page.
B. Run a Trial Balance
before and after posting.
C. Use Oracle
Transactional Business
Intelligence (OTBI) to
query General Ledger
balances
D. Query the account
balance online.
While creating a Journal A. The Account Rule is defined with a different chart
Entry Rule Set, you are of accounts from the Journal Entry Rule Set.
not able to use an D. The Account Rule is using sources assigned to
Account Rule recently different event classes from that of the associated
created. Which two Journal Entry Rule Set
options explain that?
A. The Account Rule is
defined with a different
chart of accounts from
the Journal Entry Rule
Set.
B. The Account Rule's
chart of accounts have
no account values
assigned
C. The Account Rule's
conditions are not
defined.
D. The Account Rule is
using sources assigned to
different event classes
from that of the
associated Journal Entry
Rule Set.
You need to define a B. Use two different value sets for the company and
chart of accounts that intercompany segment because segment value
includes an intercompany security rules are at the value set level.
segment. Your customer
plans to use segment
value security rules for
the Company segment.
What does Oracle
consider as best practice
to define this chart or
accounts?
A. Share the same value
set for the company and
intercompany segments
to reduce chart of
accounts maintenance.
B. Use two different value
sets for the company and
intercompany segment
because segment value
security rules are at the
value set level.
C. Define the company
segment only and qualify
it as both the primary
balancing segment and
intercompany segment.
D. Define two different
charts of accounts.

You want to process A. Rulesets

multiple allocations at the
same time. What feature
do you use?
A. Rulesets
B. Point of View (POV)
C. Formulas
D. General Ledger
Journal entries
Your customer is having A. The intercompany transaction is not approved.
issues transferring C. If they are different, then the exchange rate is
intercompany missing between the intercompany and ledger
transactions to General currency.
Ledger.. Identify three D. The intercompany period is closed.
reasons for this.
A. The intercompany
transaction is not
approved.
B. The corresponding
Payables and
Receivables invoice have
not been generated.
C. If they are different,
then the exchange rate is
missing between the
intercompany and ledger
currency.
D. The intercompany
period is closed.
E. Both the intercompany
and general ledger
periods are open.

You want to enter budget D. Entering budget Journals

data in Fusion General
Ledger. Which method is
not supported?
A. Smart View
B. Application
Development Framework
Desktop Integration
(ADFdi)
C. File-based Data
Import
D. Entering budget
Journals
You created your first C. IT Security Manager role to your user
Implementation Project
and assigned the
Application
Implementation
Consultant role to your
user. However, you are
unable to access Oracle
Identity Management
(OIM). This issue was
caused because you did
not assign the_____.
A. Line Manager role to
your user
B. Application
Implementation Manager
role to your user
C. IT Security Manager
role to your user
D. Superuser role to your
user
You transact in 50 B. Use hierarchies and parent values in your
different currencies and revaluation definition.
you need to define a high C. Share revaluation definitions across ledgers that
volume of revaluation share the same chart of accounts.
definitions. Which two
methods are Oracle
recommended best
practices for streamlining
this process?
A. Define separate
revaluation definitions for
each class of accounts,
currency, and different
rate types.
B. Use hierarchies and
parent values in your
revaluation definition.
C. Share revaluation
definitions across ledgers
that share the same chart
of accounts.
D. Define one revaluation
definition for all accounts
(assuming all ledgers
share the same chart of
accounts) and simply
change the parameters at
run time
You need to distribute D. When defining the report, make the Department
departmental expense Segment a prompt and when users view the report,
reports to 100 they can change the prompt to their department.
department managers in
your organization. The
report format is the same,
but the department
values differ. What in the
most efficient way to
achieve this?
A. Set the Department
segment as a User Point
of View (POV) and submit
a report batch and
schedule it: to run for
every department. Send
the different batch
outputs as PDF
attachments via email to
different users.
B. Create a single report
for all departments.
When department
managers log in to
Financial Reporting
Center, they will only be
able to view their
department's data based
on Segment Value
Security Rules.
C. Set up Bursting
Options for your batch to
prepare multiple versions
of a report from a single
process.
D. When defining the
report, make the
Department Segment a
prompt and when users
view the report, they can
change the prompt to
their department.
In which two ways can A. They can format each table by hiding and
your users customize the showing columns, moving columns, and resizing
Dashboards and Work columns.
Areas to suit their B. They can use Personalization to move and remove
individual working styles? regions from those pages.
A. They can format each
table by hiding and
showing columns,
moving columns, and
resizing columns.
B. They can use
Personalization to move
and remove regions from
those pages.
C. Users have very little
control customizing their
Dashboards and Work
Areas; they can only
resize columns.
D. They can have the
System Administration
customize pages for
them using Page
Composer.
Your customer is A. Control budgets are always absolute to generate
implementing budgetary encumbrance accounting.
control with B. A control budget can allow override rules only if
encumbrance the control level is absolute.
accounting. Your E. A control budget can be associated with a
customer has businesses different calendar than accounting calendar.
in Australia, New
Zealand, and Singapore
with a ledger in each
country with a Corporate
chart of account instance
that has four segments.
Which two statements
are true regarding the
creation of a control
budget?
A. Control budgets are
always absolute to
generate encumbrance
accounting.
B. A control budget can
allow override rules only
if the control level is
absolute.
C. The control budget
structure has all the chart
of account segments as
budget segments.
D. A control budget is
associated to a ledger
and creates three control
budgets for Australia,
New Zealand, and
Singapore.
E. A control budget can
be associated with a
different calendar than
accounting calendar.
Which statement is true C. You must select the Offering "Financials," and
when creating an each individual product or option to perform the
Implementation Project setup for each product in Financials Cloud.
for Financials Cloud?
A. The Implementation
Project is preconfigured
and cannot be deleted or
changed.
B. Plan your
implementation project
carefully because you
cannot delete it or make
changes later.
C. You must select the
Offering "Financials," and
each individual product
or option to perform the
setup for each product in
Financials Cloud.
D. Selecting the Offering
"Financials," automatically
allows you to perform
the setup for all
Financials Cloud
products.
E. You only need to make
the project name unique,
then you can perform the
setup for any product
family, such as Financials,
Procurement, Human
Capital Management and
Supply Chain
Management.
Fusion Accounting Hub A. chart of accounts hierarchy maintenance
includes Hyperion Data C. chart of accounts master data maintenance
Management. For which
two tasks can Hyperion
Data Management be
used?
A. chart of accounts
hierarchy maintenance
B. integration with
transactions from
external feeder systems
C. chart of accounts
master data maintenance
D. data access and
security
E. cross-validation rules
Your customer uses B. Intercompany Balancing Rules are defined
Financials Cloud, centrally and applied across Financials, Portfolio
Projects, Inventory and Project Management and Supply Chain
Procurement. Which two Management products.
statements are true C. Within Financials Cloud, Intercompany Balancing
regarding intercompany Rules are used to balance both cross-ledger
accounting tor these intercompany transactions and single ledger
products? intercompany journals.
A. Each product has its
own Intercompany
Accounting feature that
needs to be set up
separately.
B. Intercompany
Balancing Rules are
defined centrally and
applied across Financials,
Portfolio Project
Management and Supply
Chain Management
products.
C. Within Financials
Cloud, Intercompany
Balancing Rules are used
to balance both cross-
ledger intercompany
transactions and single
ledger intercompany
journals.
D. They need to license a
separate stand-alone
Intercompany product
that acts as the
Intercompany
Accounting Hub.
After submitting the C. Click the Withdraw Approval button in the Edit
journal for approval, you Journals page and edit the journal.
realize that the
department value in the
journal incorrect. How do
you correct the value?
A. Delete the journal and
create a new journal.
B. Update the journal
through workflow
C. Click the Withdraw
Approval button in the
Edit Journals page and
edit the journal.
D. Reverse the journal
and create a new one.

What type of user must D. Implementation Users

be defined before you
can create an
Implementation Project?
A. None. The Fusion
Applications Superuser,
FAADMIN, has full access
to create an
Implementation Project.
B. A full-time employee
that has the FSM
Superuser role assigned
C. None. The OIM system
administrator user ID,
XELSYSADM, which is
assigned by the person
provisioning the system,
has full access.
D. Implementation Users
E. All roles that will be
used throughout the
implementation
Which reporting tool is C. Business Intelligence Publisher (BI Publisher)
best suited for submitting
high-volume
transactional reports,
such as invoice Registers
or Trial Balance reports,
that can be configured to
extract the data in Rich
Text Format or XML?
A. Financial Reporting
Center
B. Oracle Transactional
Business Intelligence
(OTBI)
C. Business Intelligence
Publisher (BI Publisher)
D. Smart View
E. Oracle Business
Intelligence Applications
(OBIA)
You are reconciling your B. Account Analysis Reports
subledger balances and
you need a report that
includes beginning and
ending account balances
and all transactions that
constitute the account's
activities. What type of
report will provide this
type of information?
A. An Online
Transactional Business
Intelligence (OTBI)
report to create ad hoc
queries on transactions
and balances
B. Account Analysis
Reports
C. Journals Reports
D. Aging Reports
You've set up the D. The current transaction accounting date was set
standard accrual with up under the encumbrance accounting Default Date
encumbrance accounting Rule.
for your ledger and you
realized that the
encumbrance journals
are defaulting with
current date as the
accounting date. What is
causing this?
A. The subledger
accounting option Is set
to system date.
B. The actual accounting
date was set up under
the encumbrance
accounting Default Date
Rule.
C. The system date was
set up under the
encumbrance accounting
Default Date Rule.
D. The current transaction
accounting date was set
up under the
encumbrance accounting
Default Date Rule.
E. The prior related
transaction accounting
date was set up under
the encumbrance
accounting Default Date
Rule.
Your customer wants to B. If you map legal entities to balancing segment
use a clearing company values, then a clearing company can only be
to automatically balance applied within a legal entity.
Intercompany entries. D. If you do not map legal entities to balancing
Which three statements segment values, then a clearing company can be
are true regarding the applied to any journal within the ledger.
use of a clearing E. If you choose to use a clearing company, you can
company value? define a default clearing company value or select
A. Clearing companies the clearing company value directly in the general
are not supported. ledger journal.
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.
You create a prepayment D. The prepayment application releases funds of
for USD 100 and validate 1OO USD and the invoice consumes funds of 300
it to consume the budget USD, with a net decrease to available funds of 200
and reduce available USD.
funds under the
prepayment account. You
then pay the prepayment
of USD 100, create an
invoice for USD 300, and
validate the invoice to
consume the budget and
reduce available funds
for the expense-accounts
used in the invoice. You
then apply the
prepayment fully on to
the invoice and revalidate
it. What happens to the
available funds when you
apply a prepayment that
requires budgetary
control?
A. The prepayment
application was already
released at the time of
payment and the invoice
consumes funds of 300
USD.
B. The prepayment
application releases
funds of 200 USD and the
invoice consumes funds
of 1OO USD, with a net
decrease to available
funds of 200 USD.
C. Available funds will not
change till invoice is
approved.
D. The prepayment
application releases
funds of 1OO USD and
the invoice consumes
funds of 300 USD, with a
net decrease to available
funds of 200 USD.
E. The prepayment
application releases
funds of 300 USD and
the invoice consumes
funds of 300 USD, with a
net decrease to available
funds of 100 USD.
F. The budget will be
released only for the
USD 30O invoice amount.
You are creating financial B. When designing your financial statement using
statements and want to Financial Report (FR), embed a chart into your
have charts, such as a bar report
graph, automatically
inserted to improve the
understanding of the
financial results. What's
the most efficient way to
achieve this?
A. When viewing the
report, download to
Excel and use Excel's
Charting features to
create your bar graph.
B. When designing your
financial statement using
Financial Report (FR),
embed a chart into your
report
C. Use Account Inspector
that automatically creates
graphs on financial
balances.
D. Use Smart View, which
is and Excel Add-on
Your customer has many B. Use the General Ledger's Calculation Manager to
eliminating entries to define an allocation definition to eliminate entries
eliminate intercompany that you can generate every period.
balances. The General
Ledge does not include a
purpose-built
Consolidation feature.
How would you
automate the process of
creating eliminating
entries, assuming your
customer is not using
Oracle Hyperion
Financial Close
Management?
A. Use the spreadsheet
template that is accessed
from the "Create Journal
in Spreadsheet" task and
import the spreadsheet
with the eliminating
entries every period.
B. Use the General
Ledger's Calculation
Manager to define an
allocation definition to
eliminate entries that you
can generate every
period.
C. There is no way to
automate this process if
the customer is not using
Oracle Hyperion
Financial Close
Management.
D. Create a manual
journal that includes the
eliminating entries, and
then create a copy of the
Journal batch every
period.
You want to prevent B. Close Intercompany periods in Fusion
intercompany Intercompany.
transactions from being
entered during the last
day of the close. What
should you do?
A. Close all subledger
periods.
B. Close Intercompany
periods in Fusion
Intercompany.
C. Freeze the
Intercompany Journal
source in General Ledger.
D. Close the General
Ledger period in the
Manage Accounting
Periods page.
You already ran C. Rerun Translation and then reconsolidate your
Translation, but a last- result
minute adjusting journal
entry in your ledger
currency was entered
after you consolidated
your results. What does
Oracle consider best
practice when this
occurs?
A. Translate only the
adjusting journal entry.
B. Rerun Revaluation and
then rerun Translation
C. Rerun Translation and
then reconsolidate your
result
D. Enter another
adjusting journal entry in
the currency to true up
the balances.
You are required to A. Use the spreadsheet loader from the Currency
change today's daily Rates Manager.
rates for converting GBP B. Import daily rates through the Daily Rates open
to USD. What are three interface table.
ways in which you can D. Update rates manually using the Currency Rates
update existing daily Manager, which can be accessed from the
rates? Functional Setup Manager or the General Ledger's
A. Use the spreadsheet Period Close work area.
loader from the Currency
Rates Manager.
B. Import daily rates
through the Daily Rates
open interface table.
C. Update rates manually
using the Currency Rates
Manager, which can be
accessed only from the
Functional Setup
Manager
D. Update rates manually
using the Currency Rates
Manager, which can be
accessed from the
Functional Setup
Manager or the General
Ledger's Period Close
work area.
E. Edit existing
transactions and update
the rates manually.
You need to create a A. Using Workspace, assemble multiple reports into
month-end reporting a book.
package for an upcoming B. Use a Report Batch to run reports at a specific
Audit Committee time to create set of snapshot reports based on
meeting. You have 10 accounting information at that specific point in time.
financial reports that you D. The report contained in the book can be printed
will need to share with or viewed individually or as an entire book that
executives and auditors. includes a table of contents.
In which three ways do
you accomplish this?
A. Using Workspace,
assemble multiple
reports into a book.
B. Use a Report Batch to
run reports at a specific
time to create set of
snapshot reports based
on accounting
information at that
specific point in time.
C. Users can drill down
on snapshot reports for
future analysis.
D. The report contained
in the book can be
printed or viewed
individually or as an
entire book that includes
a table of contents.
E. Snapshot reports can
only be viewed online.
You defined a tree or C. An Audit process needs to be successfully
hierarchy, but you are performed before a tree version can be set to
unable to set its status to Active.
Active. What is the
reason?
A. Chart of accounts was
not deployed.
B. Accounting
Configuration was not
submitted
C. An Audit process
needs to be successfully
performed before a tree
version can be set to
Active.
D. Two tree versions were
not defined

You want to define an B. Always use the Outer Point of View (POV).
allocation rule where
segment values are
constants for rules and
formulas. What should
you do?
A. Specify Run Time
Prompts (RTP).
B. Always use the Outer
Point of View (POV).
C. Never use the Outer
Point of View (POV).
D. Only specify segment
values in formulas.
While troubleshooting *
the encumbrance entries B. Requisition approved
created for the F. Create change request on the requisition after
requisition for your submitting requisition for approval
business unit, you
noticed that only a few
events are triggering the
encumbrance journals
when you submit the
create accounting
program. What are the
two events?
A. Funds check
B. Requisition approved
C. Requisition rejected by
the buyer
D. Submit the requisition
for approval
E. Checkout and Save the
requisition
F. Create change request
on the requisition after
submitting requisition for
approval
Before implementing C. Run the Intercompany Reconciliation report,
Fusion Financials, your which shows pairs of intercompany receivables and
customer used to payables accounts that are out of balance.
manually reconcile their
intercompany payables
and receivables
accounts. What is a more
automated approach to
do this?
A. Run the BI Publisher
reports called
Intercompany Transaction
Summary and Account
Details to automatically
reconcile intercompany
balances.
B. Create a query using
Oracle Transactional
Business Intelligence
(OTBI) that will match the
intercompany payables
and receivables
balances.
C. Run the Intercompany
Reconciliation report,
which shows pairs of
intercompany receivables
and payables accounts
that are out of balance.
D. In Fusion Financials,
you must manually
reconcile your
intercompany account
balances.
E. Use Oracle Hyperion
Close Manager to
automatically reconcile
intercompany account
balances.
Your company wants to A. Purge all translated balances, change the CTA
change the Cumulative account in the Ledger page, and rerun Translation
Translation Adjustment for all periods required
(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.
Which three objectives A. Effectively manage an organization's financial
must be considered business.
when designing the chart B. Consider implementing a single, global chart of
of accounts? accounts
A. Effectively manage an C. Anticipate growth and maintenance needs as
organization's financial organizational changes occur.
business.
B. Consider implementing
a single, global chart of
accounts
C. Anticipate growth and
maintenance needs as
organizational changes
occur.
D. Limit the number of
segments to those you
need today to reduce
data entry.
E. Try to use all 30
segments and 25
characters per segment
because you cannot
change It later.
When working with A. Make sure the tree version was published
Essbase, versions of the successfully.
tree hierarchy as defined
in the Fusion not
available in the Essbase
balances cube. What
should you do to correct
this situation?
A. Make sure the tree
version was published
successfully.
B. Make sure to flatten
the rows of the tree
version.
C. Make sure the tree is
active.
D. Redeploy the chart of
accounts.

Journal approval uses A. Supervisory level based on HR Supervisors

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?
A. Supervisory level
based on HR Supervisors
B. Job level
C. Position
D. Approval Group
Your company has B. Data is summarized across segments that are not
complex consolidation mapped to Hyperion Financial Management
requirements with
multiple general ledger
instances. You are using
Oracle Hyperion
Financial Management to
consolidate the disparate
General Ledgers. You can
typically map segments
between your general
ledger segment to a
Hyperion Financial
Management segment,
such as Company to
Entity, Department to
Department, and
Account to Account.
What happens to
segments in your source
general ledger, such as
Program, that cannot be
mapped Hyperion
Financial Management?
A. The data is not
transferred.
B. Data is summarized
across segments that are
not mapped to Hyperion
Financial Management
C. Errors occur for
unmapped segments.
You must map multiple
segments from source
general ledgers to the
target segment in
Hyperion Financial
Management.
D. The unmapped
segments default to
future use segments in
Hyperion Financial
Management
What's the difference C. The "Real Time" subject areas are based on real-
between subject areas time transactions in Fusion Applications, and all
that append the word others are based on data stored in the Oracle
"Real Time" and those that Business Intelligence Applications data warehouse.
do not?
A. There is no difference.
B. The "Real Time" subject
areas are based on real-
time transactions and all
others are based on
Historical data.
C. The "Real Time" subject
areas are based on real-
time transactions in
Fusion Applications, and
all others are based on
data stored in the Oracle
Business Intelligence
Applications data
warehouse.
D. The "Real time" subject
areas are based on sub
ledger transactions and
all others are based on
general ledger balances
Which two are A. Completing accounting transformation definition
prerequisites for creating and activating Subledger Journal Entry Rule Set
subledger accounting assignments for the Accounting Method
entries? C. Selecting source values from transaction objects
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
Which report show you C. Payables to Ledger Reconciliation Report and the
differences between your Receivables to Ledger Reconciliation Report
subledger balances and
General Ledger
balances?
A. Payables Trial Balance,
Receivables Trial Balance,
and General Ledger Trial
Balance reports
B. Payables and
Receivables Aging
Reports with the General
Ledger Trial Balance
report
C. Payables to Ledger
Reconciliation Report
and the Receivables to
Ledger Reconciliation
Report
D. General Ledger
Financial Statements and
the Accounts Payable
and Accounts
Receivables Invoice
Registers
Your customer is B. General Ledger Trial Balance report
reconciling their C. Receivables to General Ledger Reconciliation
Intercompany report
Receivables accounts.
Which two reports
should they use In
addition to using the
intercompany
Reconciliation report?
A. Receivables Aging by
General Ledger Account
report
B. General Ledger Trial
Balance report
C. Receivables to
General Ledger
Reconciliation report
D. AR Aging report

What Is Oracle Essbase? D. A multidimensional Online Analytical Processing

A. A robust reporting and (OLAP) server that is embedded in Fusion General
analysis tool Ledger
B. A relational database
C. A data ware house
D. A multidimensional
Online Analytical
Processing (OLAP) server
that is embedded in
Fusion General Ledger
How do you hide A. Select the Data/Missing check box in the Data
accounts with no Options tab
balances showing
#Missing in Smart view?
A. Select the
Data/Missing check box
in the Data Options tab.
B. Use Excel functions to
hide rows with #Missing
assigned
C. Choose the Suppress
Zeros option under Data
options.
D. This indicates a
database connection
issue. Try to reconnect to
Fusion Applications.
What process must be B. Define the hierarchy, make sure the tree version is
followed to propagate a active, and then run the publish account Hierarchies
chart of accounts program or the Publish Chart of Accounts
hierarchy to the Essbase Dimension Members and Hierarchies
cube?
A. Define the hierarchy,
then deploy the chart of
accounts. The chart of
accounts hierarchies will
be generated
automatically.
B. Define the hierarchy,
make sure the tree
version is active, and then
run the publish account
Hierarchies program or
the Publish Chart of
Accounts Dimension
Members and Hierarchies
C. Define the hierarchy
and make sure the tree is
active. The hierarchy will
be system generated for
D. Define the hierarchy,
make sure the tree is
active, and the Publish
check box is selected for
the hierarchy.
You want to monitor the C. Use Close Monitor in General Accounting
close process of all your Dashboard.
financial subledgers and
ledgers. How can you
quickly obtain this
information?
A. Access each
subledgers' calendar and
General Ledger's
Manage Accounting
Periods page to view the
status of each period.
B. Use the Manage
Accounting Periods page
to view the status of all
subledgers and ledgers.
C. Use Close Monitor in
General Accounting
Dashboard.
D. Run Closing Status
reports.
Invoices received from a C. Create an Account Rule with two rule elements
source system need to using one for expense type mapping and the other
use a specific account for the condition of supplier type.
based on 30 different
expense types. However,
if the invoice is from a
specific supplier type, it
needs to go to a default
account regardless of the
account type. What is the
solution?
A. Create two journal line
rules with a condition of
supplier type.
B. Create an Account
Rule with 31 rule
elements using one
condition for each
expense type and
another for supplier type.
C. Create an Account
Rule with two rule
elements using one for
expense type mapping
and the other for the
condition of supplier
type.
D. Create an Account
Rule with three rule
elements using one for
expense type mapping,
one for condition of
supplier type, and the
other without any
conditions.
Your customer requires A. You must assign the corresponding Receivables
physical invoices to be and Payables Business Units.
generated in Fusion
Payables and Fusion
Receivables for the
intercompany payables
and receivables
transactions. What
statement is correct with
regard to setting this up?
A. You must assign the
corresponding
Receivables and
Payables Business Units.
B. You only need to
assign the Legal Entity
and Organization
Contact.
C. You must perform
additional setup steps for
Fusion Payables and
Fusion Receivables.
D. You can only associate
one Intercompany
Organization per Legal
Entity.
Your customer is a A. ADB provides organizations with the ability to
financial Institution that track average and end-of-day balances, report
needs to maintain average balance sheets, and create custom reports
overage daily balances using both actual and average balances.
(ADB). Which two C. Average balances are stored in the Essbase cube.
statements are true
regarding this
functionality in Fusion
Applications?
A. ADB provides
organizations with the
ability to track average
and end-of-day
balances, report average
balance sheets, and
create custom reports
using both actual and
average balances.
B. Average balances are
stored for both
subledger balances and
general ledger balances.
C. Average balances are
stored in the Essbase
cube.
D. Average balances are
maintained for both
actual and budget
balances.
E. When using ADB, you
must define a daily
calendar and assign it to
your ADB ledger.
You are reconciling your A. All sub ledger transactions have been entered
Payables the Receivables but do not have complete accounting.
balances against the B. Subledger transactions have been accounted and
General Ledger. You are transferred to General Ledger but have not been
using the Payables to posted.
Ledger Reconciliation C. There were manually entered journals against the
report. You notice Payables and Receivables accounts that were
discrepancies between posted in General Ledger
the balances in the
subledgers, subledger
accounting, and general
ledger. Which three
factors are responsible
for these out-of-balance
situations?
A. All sub ledger
transactions have been
entered but do not have
complete accounting.
B. Subledger transactions
have been accounted
and transferred to
General Ledger but have
not been posted.
C. There were manually
entered journals against
the Payables and
Receivables accounts
that were posted in
General Ledger
D. Intercompany
transactions have not
been fully processed.
E. Period Close
processes, such as
Revaluation, Translation,
and Consolidation have
not been performed yet
You are required to enter D. Use the spreadsheet available in Oracle Identity
a high volume of users Manager (OIM) to import users.
into the system. What
does Oracle consider
best practice to do this?
A. Use SQL to populate
the HR interface tables
and load employees in
bulk.
B. Use the spreadsheet
templates available in
Oracle Enterprise
Repository (OER) and
then import users into
Fusion Applications.
C. Use the "Hire an
Employee" user interface
to inter each user
manually.
D. Use the spreadsheet
available in Oracle
Identity Manager (OIM)
to import users.
E. Use the "Enter a
Supplier" user interface
to enter each user
manually.
Your customer is closing C. Close the related intercompany period, close
their period and they are Fusion Payables and Receivables periods, and then
using Fusion Fusion General Ledger.
Intercompany to create
physical invoices in
Fusion Payables and
Receivables. What is the
correct order of steps to
close Fusion sub ledgers,
Fusion Intercompany, and
Fusion General Ledger?
A. Close Fusion Payables
and Receivables periods,
close the related
intercompany period,
and then close the Fusion
General Ledger's period.
B. Close Fusion Payables
and Receivables periods,
close Fusion General
Ledger, and then close
the related intercompany
period
C. Close the related
intercompany period,
close Fusion Payables
and Receivables periods,
and then Fusion General
Ledger.
D. You only need to close
Fusion Payables and
Receivables periods
followed by the Fusion
General Ledger's period.
Your foreign currency C. Never, because each period's revaluation
transactions need to be adjustment is just for that period.
revalued every month.
For balance sheet
accounts, you reverse the
revaluation journals in the
next period. You are
using the period-to-date
(PTD) method of
revaluation tor your
income statement
accounts. When should
you reverse revaluation
journals, if at all required?
A. Reverse them in the
same period as the
revaluation run.
B. Both balance sheet
and income statement
revaluation journals
should be reversed in the
period
C. Never, because each
period's revaluation
adjustment is just for that
period.
D. The reversals must be
done at the end of each
quarter.
Which two types of C. Manual journals
journals can be E. Journals imported from third-party systems
automatically routed
through the journal
approval process?
A. Allocation journals
B. Revaluation journals
C. Manual journals
D. Sub ledger journals
E. Journals imported from
third-party systems

Your new accountants C. Account Monitor

have been making
mistakes in reconciling
accounts assigned to
them. Your balances have
either spiked or dropped
30-40% every period due
to human error. This
causes delays in
reconciliation. What
feature can you use to be
proactively notified of
account anomalies in a
more timely manner?
A. Smart View
B. Financial Reports with
Embedded charts
C. Account Monitor
D. Account Inspector and
its charts
Your customer wants to C. Segment Value Security
prevent their department *AND A?
managers from viewing
the results of other
departments where they
have no management
authority. What should be
implemented for this type
of security?
A. Data Access Sets
B. Cross-Validation Rules
C. Segment Value
Security
D. Role-Based Access

On which three A. Every time the tree version is published

occasions are Essbase B. Every time journals are posted to the general
balances updated? ledger
A. Every time the tree E. Every time you open a new period
version is published *Could be (D) instead of (E) but def. not (C)
B. Every time journals are
posted to the general
ledger
C. Every time you run the
batch program called
"Update Essbase
Balances"
D. At report run-time
E. Every time you open a
new period
You operate in a country B. Use Journal-Level or Subledger-Level Reporting
whose unstable currency Currencies denominated in the more stable
makes it unsuitable for currency.
managing your day-to-
day business. As a
consequence, you need
to manage your business
in a more stable currency
while retaining the ability
to report in the unstable
local currency. What
would be your
recommendation when
defining ledgers?
A. Define Balance-Level
Reporting Currencies in
the more stable currency
and run Translation as
often as you need.
B. Use Journal-Level or
Subledger-Level
Reporting Currencies
denominated in the more
stable currency.
C. Run Revaluation as
often as you need to the
more stable currency and
report on the more
stable currency's
balances.
D. Create a secondary
ledger that uses a
different chart of
accounts that is
denominated in the more
stable currency.
Which two General A. Journals Work Area
Ledger work areas would D. General Accounting Dashboard
you assign to all your
entry-level General
Ledger accountants?

You need to integrate D. Create the accounting in the source system and
Fusion Accounting Hub then import the journal entries into subledger
with external source accounting.
systems used for Billing.
Identity the step that is
not correct when
implementing this
integration.
A. Analyze external
system transactions.
B. Capture accounting
events.
C. Determine the
accounting impact of
transactions.
D. Create the accounting
in the source system and
then import the journal
entries into subledger
accounting.
Which two methods can A. Detach the table to resize it to the maximum size
your General Ledger of the monitor
accountants use to more B. Export the table to Excel.
easily view large amounts
of contained in the tables
in their work areas?
A. Detach the table to
resize it to the maximum
size of the monitor
B. Export the table to
Excel.
C. Run a Business
Intelligence Publisher
report with Excel as the
output format.
D. Use the Freeze feature
on the tables to scroll
through large amounts of
data.
Your customer is C. Open Access Policy Manager (APM) and assign
expanding its operations. the roles manually
You defined a new
ledger and several
business units. However,
you are unable to assign
the newly generated data
roles to existing Accounts
Payables and Accounts
Receivables users in the
shared service center.
What should you do to
correct the problem?
A. Open the Oracle
Identity Management
(OIM) and make sure the
data roles were created.
B. Open the Manage
Users page and make
sure the employees at
C. Open Access Policy
Manager (APM) and
assign the roles manually
D. Make sure you run the
Retrieve Latest LDAP
Changes program to
regenerate the data
roles.
Which two statements A. A set of reports are provided for both exported
are true regarding the and imported setup data to validate the
export/import of export/import processes and setup data.
reports? B. Reports on setup data can be used to compare
A. A set of reports are and analyze how the data might have changed over
provided for both time.
exported and imported
setup data to validate the
export/import processes
and setup data.
B. Reports on setup data
can be used to compare
and analyze how the data
might have changed over
time.
C. To view errors
encountered during the
export or import Process,
you must use SQL
queries to obtain that
data because no reports
exist.
D. A set of reports lists
user names, suppliers,
and customers that have
been exported/imported
E. The export/import
reports are available only
for Fusion Customer
Relationship
Management.
You want to display OTBI C. Use Smart View and Oracle BI EE View Designer
reports and graphs in to create reports in PowerPoint, Word, and Excel.
PowerPoint to show
general ledger or
subledger data. How do
you accomplish this?
A. Download OTBI
reports and charts to a
spreadsheet and then
copy and paste the
spreadsheet to
PowerPoint
B. Use SmartView to
create reports and charts
using general ledger and
subledger subject areas
embed the
charts/reports into
PowerPoint
C. Use Smart View and
Oracle BI EE View
Designer to create
reports in PowerPoint,
Word, and Excel.
D. Use Account Inspector
and then export to Excel
and copy and paste into
PowerPoint.
After loading your A. Application Development Framework Desktop
budget data into Fusion Integration(ADFdi)
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

You need to build a B. Constant

complex account rule. C. Existing Account Rule
Which four value types E. Mapping Set
can you use in your F. Source
definition?
A. Value Set
B. Constant
C. Existing Account Rule
D. Account Combination
E. Mapping Set
F. Source
Your customer has D. $400 USD will be added back to available funds
enabled budgetary and
encumbrance controls at
the requisition level. You
have a purchase order for
$1,000 USD, which is fully
reserved and has one
invoice for $600 USD.
When the purchase order
is matched through the
final match process, the
purchase order is closed
for further invoicing.
What happens to the
remaining $400 USD?
A. Invoice type will have
less funds available by
$400 USD.
B. Manual encumbrance
journal needs to be
entered In General
Ledger to release the
budget amount of $400
USD.
C. Only obligation type
will have $400 USD funds
available.
D. $400 USD will be
added back to available
funds
E. $400 USD will be
expired and not available
for use.
Your user forgot the B. Use Oracle Identity Management (OIM) to reset
password. How do you the user's password.
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 pa
D. Use Access Policy
Manager (APM) to reset
the user's password.
E. Create a new user ID
and password for the
user.
Identify three differences A. OBIA is based on the universal data warehouse
between Oracle design with different prebuilt adapters that can
Transactional Business connect to various source application
Intelligence (OTBI) and C. OBIA works for multiple sources including E-
Oracle Business Business Suite, PeopleSoft, JD Edwards, SAP, and
Intelligence Applications Fusion Applications.
(OBIA). D. OTBI allows you to create custom reports from
A. OBIA is based on the real-time transactional data against the database
universal data warehouse directly
design with different
prebuilt adapters that can
connect to various
source application
B. Both OBIA and OTBI
provide a set of
predefined reports and
dashboards and a library
of metrics that help to
measure business
performance
C. OBIA works for
multiple sources
including E-Business
Suite, PeopleSoft, JD
Edwards, SAP, and Fusion
Applications.
D. OTBI allows you to
create custom reports
from real-time
transactional data against
the database directly
E. Cloud customers can
use both OTBI and OBIA.
Your customer is using B. The purchase order is Partially Liquidated and the
budgetary control and invoice will be reserved.
encumbrance. You have
an open purchase order
for $500 USD, which you
decide to match to an
invoice for $300 USD.
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.
Which two delivered A. Application Implementation Manager
roles can access the full C. Application Implementation Consultant
functionality of
Functional Setup
Manager?
A. Application
Implementation Manager
B. Functional Setup
Manager Superuser
C. Application
Implementation
Consultant
D. Any functional user
E. IT Security Manager
Which two statements C. You can define different balancing rules for
are true regarding how different combinations of journal sources, journal
Intercompany Balancing categories, and transaction types
Rule, are defied? D. You can define different rules for different charts
A. All ledgers engaged in of accounts, ledgers, legal entities, and primary
an intercompany balancing segment value.
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.
The Accounting Manager B. Journal Source
requests that a schedule
be created to
automatically post
journals from subledgers
at different times. Which
journal attribute should
you use to set the
automatic posting
criteria? A. Journal
Category
B. Journal Source
C. Journal Batch
D. Journal Description

Which three reporting B. Smart View

tools are based on real- D. Oracle transactional Business Intelligence (OTBI)
time data or balances? E. Oracle Financial Reporting (FR)
A. Oracle Business
Intelligence Applications
(OBIA)
B. Smart View
C. Business Intelligence
Publisher (BI Publisher)
D. Oracle transactional
Business Intelligence
(OTBI)
E. Oracle Financial
Reporting (FR)
Your customer wants to B. Every journal where debits do not equal credits
have balance sheets and across the three balancing segments will result in
income statements for the System generating extra journal lines to balance
their cost center and the entry.
program segments. That C. Additional intercompany rules will need to be
is, they want to have defined for the two additional balancing segments.
three balancing
segments. Which two
recommendations would
you give your customer?
A. When entering
journals manually, the
customer will need to
make sure that the debits
and credits are equal
across all balancing
segments because the
system will not
automatically balance the
journal.
B. Every journal where
debits do not equal
credits across the three
balancing segments will
result in the System
generating extra journal
lines to balance the entry.
C. Additional
intercompany rules will
need to be defined for
the two additional
balancing segments.
D. Ledger balancing rules
will need to be defined
to instruct the system on
how to generate
balancing entries for the
second and third
balancing segments.
Your Financial Analyst A. Account Inspector
needs to interactively B. Smart View
analyze General Ledger C. Account Monitor
balances with the ability
down to originating
transactions. Which three
features facilitate this?
A. Account Inspector
B. Smart View
C. Account Monitor
D. Online Transactional
Business Intelligence
E. Financial Reports
published to Excel

Your customer wants to A. Data Access Sets using an Access Set Type of
secure their primary Primary Balancing Segment
balancing segment C. Segment Value Security
values to prevent
employees of one
company from entering
or viewing data of
another company. You
only need this for
General Ledger balances
and reporting. What two
security features should
you use?
A. Data Access Sets using
an Access Set Type of
Primary Balancing
Segment
B. Cross-Validation Rules
C. Segment Value
Security
D. Balancing Segment
Value Assignment to
Legal Entities
Your customer wants to C. Create three segments and qualify them as the
create fully balanced primary balancing segment, second, and third
balance sheets for the balancing segments, respectively.
Company, Line of
Business, and product
segments for both
financial and
management reporting.
What is Oracle's
suggested best practice
for doing this?
A. Create a segment that
acts as the primary
balancing segment and
create values that
represent a
concatenation of all three
business dimensions.
B. Use account
hierarchies to create
different hierarchies for
different purposes and
use those hierarchies for
reporting.
C. Create three segments
and qualify them as the
primary balancing
segment, second, and
third balancing segments,
respectively.
D. Create two segments
where the first segment
represents the
concatenation of
Company and Line of
Business, and then
enable secondary
tracking for the Product
Segment.
You are implementing A. You can use hierarchies to define rules.
Segment Value Security C. When you enable Segment Value Security on a
rules. Which two segment, users will not be able to access any values
statements are true? until you grant access to users and products.
A. You can use
hierarchies to define
rules.
B. The Segment Value
Security rules do not take
effect until you assign the
rules to users and
products.
C. When you enable
Segment Value Security
on a segment, users will
not be able to access any
values until you grant
access to users and
products.
D. When you enable or
disable Segment Value
Security, you do not
need to redeploy your
chart of accounts.
Your customer wants to C. Create a Summary budget annually with
control spending against absolute* control and monthly control budget with
an annual budget but advisory or track control.
report balances on a
monthly year-to-date
basis. Encumbrance
accounting is also in use.
What setup is required to
achieve this requirement?
A. Create an annual
budget with absolute
control and so
encumbrance accounting
will work.
B. Create a summary
budget annually with
advisory control and
control budget monthly
with absolute control.
C. Create a Summary
budget annually with
absolute* control and
monthly control budget
with advisory or track
control.
D. Create two detail
control budgets: annually
with absolute control and
monthly with advisory or
track control.
E. Create two detail
control budgets: annually
with advisory/track
control and monthly with
absolute control.
Your customer has A. Purchase order encumbrance will be released for
enabled encumbrance $2100 USD.
accounting. You have a B. As there are cancellations for $400 USD, the
control budget with the system will partially reserve the funds in November
advisory level set at 2015 and fully reserve it in December 2015.
control. For November *
2015, your budget for a
given combination is
$5,000 USD. You have an
approved requisition of
$900 USD and you have
an approved purchase
order of $2,500 USD. An
adjustment encumbrance
journal is created in the
General Ledger for the
obligation type for $1,600
USD. You then cancelled
the approved PO line of
$400 USD. For November
201b, you created a new
invoice by matching to
the PO for $2,100 USD.
Which two statements
are true?
A. Purchase order
encumbrance will be
released for $2100 USD.
B. As there are
cancellations for $400
USD, the system will
partially reserve the
funds in November 2015
and fully reserve it in
December 2015.
C. As you are matching to
a purchase order, the
system will allow the user
to create an invoice with
the reservation status of
Reserved.
D. Encumbrance entries
are created only for
nonmatched Invoices, so
the system will not create
any encumbrance
accounting entries.
E. The system always
consumes budget of
future periods if the limit
for the current period is
expired, so December
2015 budget will be
considered for
reservation.
Your customer has three C. Define five segments for the company,
legal entities, 50 department, natural account, intercompany, and
departments, and 10,000 future use segment. The qualifiers should be primary
natural accounts. They balancing segment, cost center segment, natural
use intercompany entries. account segment, intercompany segment, and no
What is Oracle's qualifier, respectively.
recommended best
practice when
implementing; a new
chart of accounts? How
many segments and what
segment qualifiers should
be used?
A. Define three segments
for the company,
department, and natural
account. The qualifiers
should be primary
balancing segment, cost
center segment, and
natural account segment,
respectively
B. Define four segments
for the company,
department, natur.il
account, and
intercompany segment.
The qualifiers should be
primary balancing
segment, cost center
segment, natural account
segment, and
intercompany segment,
respectively.
C. Define five segments
for the company,
department, natural
account, intercompany,
and future use segment.
The qualifiers should be
primary balancing
segment, cost center
segment, natural account
segment, intercompany
segment, and no
qualifier, respectively.
D. Define three segments
tor the company,
department, and natural
account. The qualifiers for
the first segment should
be primary balancing
segment and
intercompany segment,
cost center segment, and
natural account segment,
respectively.
You are implementing B. Suppliers and Customers
Financials Cloud and are C. Banks, Bank Accounts, and Branches
using spreadsheets to D. chart of account values, accounting calendar, and
load Legal Entities, ledger
Business Units, and
Account Hierarchies.
Which three setup
objects can be loaded
via a spreadsheet from
Functional Setup
Manager?
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.

Who are the three B. Implementation Project Managers and

primary Functional Setup Consultants
Manager users? C. System Administrators
A. End Users that D. Application Developers
perform transaction
processing
B. Implementation
Project Managers and
Consultants
C. System Administrators
D. Application
Developers
E. C-Level Executives
You want to A. Use the All option for category and accounting
automatically post period to reduce maintenance and ensure that all
journal batches imported imported journals are included in the posting
from subledger source to process.
prevent accidental edits B. Include all of your sub ledger sources in the
of deletions of the AutoPost Criteria. Divide up criteria sets by
subledger sources subledger source only if you need to schedule
journals, which could different posting times.
cause an out -of-balance
situation between your
sub ledgers and general
ledger. Which two
aspects should you
consider when defining
your AutoPost Criteria?
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 sub
ledger 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
You just submitted the B. A Data Access Set with full read/write access to
Accounting the ledger is automatically created.
Configuration. Which two C. Open the ledger's period to begin entering
statements are correct? transactions.
A. You must define a Data
Access Set to obtain full
read/write access to the
ledgers in the Accounting
Configuration.
B. A Data Access Set with
full read/write access to
the ledger is
automatically created.
C. Open the ledger's
period to begin entering
transactions.
D. Verify the data roles
created and assign them
to the General Ledge

You need to define A. Point of View (POV)

multiple allocation rules C. Formulas
as efficiently as possible. D. Rule Sets
Which three components
can be reused across
allocation rules?
A. Point of View (POV)
B. Run Time Prompts
(RTP)
C. Formulas
D. Rule Sets
You want to define a tree B. You must flatten the columns and publish the tree
or hierarchy for use in to view the hierarchy in Essbase cubes.
reports and allocations. C. The tree should have at least two tree versions to
What three aspects reduce report and allocation maintenance.
should you remember E. It is fine to have the same child value roll up to
when creating the tree? two or more different parent values.
A. You need to flatten the
rows to be able to use
drilldown in Smart View
and you must publish
tree to view the hierarchy
in Essbase cubes.
B. You must flatten the
columns and publish the
tree to view the hierarchy
in Essbase cubes.
C. The tree should have
at least two tree versions
to reduce report and
allocation maintenance.
D. You only need to
flatten the columns if you
plan to use the hierarchy
in Oracle Transactional
Business Intelligence
(OTBI).
E. It is fine to have the
same child value roll up
to two or more different
parent values.
You want to specify A. Whether to enforce an enterprise-wide currency
Intercompany System or allow in intercompany transactions in local
Options. Which three currencies
factors should you B. Whether to allow receivers to reject intercompany
consider? transactions
A. Whether to enforce an C. Automatic or manual batch numbering and the
enterprise-wide currency minimum transaction amount
or allow in intercompany
transactions in local
currencies
B. Whether to allow
receivers to reject
intercompany
transactions
C. Automatic or manual
batch numbering and the
minimum transaction
amount
D. Automatic or manual
batch numbering and the
maximum transaction
amount
E. The approvers who will
approve intercompany
transactions
You are defining B. You can create a rule for all sources and
intercompany balancing categories by selecting the source "Other" and the
rules that are applied to a category "Other."
specific source and D. Set up a chart of accounts rule for every chart of
category, such as accounts structure you have in order to ensure that
payables and invoices, or Intercompany Balancing will always find a rule to
a specific intercompany use to generate balancing accounts.
transaction type, such as
Intercompany Sales.
Which two statements
are correct
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.
What is the most efficient B. Use the Add Year button
way to add a new year to
the accounting calendar?
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.

What are the tables or A. Transaction Objects

views from which the
Create Accounting
program takes source
data that is used in rules
to create journal entries?
A. Transaction Objects
B. Event Entities
C. Mapping Sets
D. Accounting attributes
E. Event Classes
You are implementing C. Use Supporting References to capture customer
Fusion Accounting Hub classification information.
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).
Your customer has only C. Oracle Identity Management (OIM)
licensed Fusion Financials
and wants to use
approval workflows.
Using which page to
enter users and assign
roles does Oracle
consider best practice?
A. Manage Users
B. Hire a New Employee
C. Oracle Identity
Management (OIM)
D. Policy Manager (APM)
E. Financials not a stand-
alone product

Most of the accounting B. Journal Line Rule

entries for transactions
from your source system
use
TRANSACTION_AMOUN
T as a source of the
entered amount
accounting attribute. For
some events, you need
to use TAX_AMOUNT as
the source. At what level
can you override the
default accounting
attribute assignment?
A. Event Type
B. Journal Line Rule
C. Event Class
D. Journal Entry Rule Set
E. Journal Entry
The budget managers E. Budget Account Group
specify the budget
accounts they want to
monitor and decide on
percentage threshold of
funds availability. Where
must you define the
details while analyzing
budget balances in the
Budget Account Monitor
page?
A. Budget Group
B. Application
Development framework
Desktop Integral ion
(ADFdi)
C. Account Group
D. Budget Controller
E. Budget Account Group
How can your B. by using the Journals region to view journals
Accounting Manager Requiring Attention, Requiring Approval, and
expedite Journal Pending Approval from Others
processing during the *by running
time critical month end
close?
A. by using the Close
Status monitor to drill
down on the close status
across ledgers
B. by using the Journals
region to view journals
Requiring Attention,
Requiring Approval, and
Pending Approval from
Others
C. by running the
Journals report using
Business Intelligence
Publisher
D. by creating an ad hoc
query on journals using
Oracle Transactional
Business Intelligence
(OTBI)
What are the two benefits A. General ledger balances are multidimensional,
of having the Essbase allowing you to perform robust reporting and
cube embedded in analysis.
Fusion General Ledger? B. You can access real-time results for reporting and
A. General ledger analysis because every time a transaction is posted
balances are in General Ledger, multidimensional balances are
multidimensional, also updated simultaneously.
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.