GENERAL LEDGER 4 SELECCION

44問 • 1年前

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Which statements are true about the Chart of Accounts (COA) instance? (Choose two)

APPEARS IN THE USER INTERFACES AND PROCESSES IN THE COA INSTANCE YOU HAVE THE ABILITY TO OVERRIDE THE VALUE THE VALUE SET ASSIGMENT FOR SEGMENTS

The Vision CoA is used by three ledgers. One of the ledgers has a different calendar. How many balances cubes are created?

What does the chart of accounts structure set?

Segment name, segment sequence, default value sets, and the number of segments

Which of the following can be set at the CoA Instance Level? (Choose two)

DYNAMIC COMBINATION CREATION ALLOWED

Which three objectives must be considered when designing the chart of accounts? (Choose three.)

Anticipate growth and maintenance needs as organizational changes occur Effectively manage an organization’s financial business Consider implementing a single, global chart of accounts

You are creating values for the chart of account value set that you are planning to use for the account segment within your Chart of Accounts. You are not able to assign an Account Type. What is the reason for this?

YOU HAVE NOT SET THE ALLOW POSTING ATTRIBUTE FOR THE VALUE SET

A Chart of Accounts Instance is created when you create your Chart of Accounts Structure. Which of the following attributes of the Chart of Accounts Instance can be changed?

THE DEFAULT VALUE SET ASSIGMENT FOR A SEGMENT

How many balancing segments are required for a CoA?

Which list of dimension values is associated with the Balance Amount dimension?

BEGINNING BALANCE PERIOD ACTIVITY AND ENDING BALANCE

How many secondary ledger and reporting currencies are supported by Oracle Cloud Applications?

UNLIMITED

What would you use to enable the sharing of setup data, for example, Depreciation Methods across Asset Books?

A REFERENCE DATA SET

You are setting up Close Monitor, which compromises a ledger set hierarchy definition. Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)

ACCOUNTING CALENDAR CHART OF ACCOUNTS

How do Cross Validation Rules (CVRs) handle existing violations in the Code Combinations Identification (CCID) table?

CVRs only test new account combinations being inserted into the table. They ignore any invalid account combinations already existing in the table

Account combinations can be created and/or modified using the Import Account Combinations file-based data import (FBDI). Which represents the appropriate upload steps?

Insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process

A subsidiary company, in a highly regulated country, is a legal requirement to produce fis-cal reports under local GAAP, is about to configure their General Ledger. Given the following: Subledgers transferring to general ledger must use the local cur-rency. There is a requirement to report to the parent company (not local currency) using International Reporting Standards (IFRS).Which two ledger types should be configured to address this reporting convention requirement? (Choose two.)

A primary ledger with the local accounting convention A reporting currency with the IFRS accounting convention

During implementation, a consultant accidentally designated the cost center segment as the natural account. Values have already been assigned and journals have been posted.Select the process that allows you to change the qualifier back to cost center qualifier.

DELETE THE CHART OF ACCOUNTS AND CREATE A NEW ONE

Fusion Accounting Hub includes Hyperion Data Management. For which two tasks can Hyperion Data Management be used?

CHART OF ACCOUNTS MASTER DATA MAINTENANCE CHART OF ACCOUNTS HIERACHY MAINTENANCE

How many corporate books can be associated with a Primary Ledger?

UNLIMITED

How many types of Ledgers are available to configure?

A LEDGER

In General Ledger, mapping from Primary Ledger to Secondary Ledger must be performed when one of the entities is different between the two ledgers. Identify the entity.

CHART OF ACCOUNTS

What are the two purposes of a secondary ledger? (Choose two.)

It can differ from its primary ledger by the accounting method, chart of accounts, accounting calendar,currency, and/or journal processing options It is an optional ledger that is linked to a primary ledger for the purpose of tracking alternative accounting

Which Two steps are needed to use suspense accounts in the General Ledger Application?

ENTER SUSPENSE ACCOUNT TO BE USED ENABLE THE SUSPENSE ACCOUNT AT THE LEDGER LEVEL

You are creating a chart of accounts mapping to map your primary ledger to your secondary ledger. You would like to map a complete target code combination against one or more source account combinations. Which rule type should you use?

ACCOUNT RULE

If many legal entities share a ledger, you should identify them by assigning which of the following?

A BALANCING SEGMENT VALUE

You decided to use a Secondary Ledger to maintain another accounting representation of your Primary Ledger. The two ledgers share the same Calendar and Accounting Method. What do you need to set up in addition to the Secondary Ledger?

A CHART OF ACCOUNTS MAPPING

In Oracle General Ledger, a reporting currency can be linked to a primary or a secondary ledger. At which three data conversion levels can it be maintained?

JOURNAL LEVEL SUBLEDGER LEVEL

You operate in a country whose unstable currency makes it unsuitable for 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?

Use JournalLevel or SubledgerLevel Reporting Currencies denominated in the more stable

Your company has a legal entity in the UK, US, and Canada. They can all share the same chart of accounts but are required to transact and report in their local currency. What is the minimum number of ledgers you need and why

One because they can all share the same chart of accounts

Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and Product segments for both financial and management reporting. What is Oracle’s recommended method for doing this?

Create three segments for the Company, Line of Business, and Product segments and qualify them as primary balancing segment, second, and third balancing segments, respectively

At which levels can you enable sequencing? (choose two)

LEGAL ENTITY LEDGER

Company XYZ wants to retrieve the Cost Center segment value based on Supplier Type. Which of the following would you use to achieve this?

MAPPING SET

Your company has complex consolidation 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 to Hyperion Financial Management?

Data is summarized across segments that are not mapped to Hyperion Financial Management

You need to setup a calendar for fiscal year Apr-XX to Mar-YY where YY is the following year and you would like the periods to be named accounting to the year they fall in What Calendar format should you choose?

FISCAL

You notice that the deployment status of the accounting flexfield is edited. What is the reason for this? (Choose two)

The flexfield definition has not been deployed Changes have been made to the structure, structure instance, or value sets.

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?

CHART OF ACCOUNT, VALUES, ACCOUNTING CALENDAR AND LEDGER BANKS, BANK ACCOUNTS AND BRANCHES SUPPLIERS AND CUSTOMERS

The Rapid Implementation Spreadsheet will create versions of the hierarchy. What are these versions called? (Choose all that apply)

BASELINE CURRENT

Which chart of accounts component can be created by using rapid implementation spreadsheets?

ALL OF ABOVE

Which statements are true about the Rapid Implementation Task List? (Choose two)

It includes setup steps that are required by most users It is used to streamline setup configuration to focus on critical setup steps

You entered the following information in the Companies and Legal Entities tab of the Rapid Implementation Spreadsheet: Assuming currency is left blank in the Ledger worksheet, how many Ledgers will the process create?

When do you assign a balancing segment value to a legal entity?

You should always verify your calendar definition to ensure period names and dates are correct before opening the first period You should define a calendar with two adjusting periods one at the beginning and one at the

Your customer is a financial Institution that needs to maintain average daily balances (ADB). Which two statements are true regarding this functionality in Fusion Applications?

ADB provides organizations with the ability to track average and endofday balances, report average balance sheets, and create custom reports using both actual and average balances When using ADB, you must define a daily calendar and assign it to your ADB ledger

The Financial Controller has asked if it is possible to give read-only access to the ledger. What is your response?

WHEN SEVERAL LEGAL ENTITIES SHARE A LEDGER

You want to define a calendar year accounting calendar (jan - dec). Your customer wants to translate balances in January. (Select two) Which two statements are correct when setting up their calendar?

Create a full ledger access data set with the readonly option selected

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Laura Diaz · 5回閲覧 · 60問 · 2年前

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