최신 1z0-1054-20 무료덤프 - Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

문제1

You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding financial results. How would you achieve this?

A. Use Smart View, which is an Excel Add-on

B. Use Account Inspector that automatically creates graphs on financial balances

C. When viewing the report, download to Excel and use Excel's Charting features to create your bar graph

D. When designing your financial statement using Financial Report (FR), embed a chart into your report

정답: D

문제2

You are using Oracle General Ledger (GL), Oracle Payables and Oracle Receivables and would like to prevent the closure of the GL period if the corresponding subledger period is not closed.
How will you achieve this?

A. Set the ORA_GL_INCLD_STRICT_PRD_CLOSE profile option to yes

B. Set the relevant option on the Specify Ledger Options page

C. Opt in to the Prevent Period Close option for the offering

D. Nothing, this option is enabled automatically

정답: C

문제3

Your customer has enabled budgetary control for purchase orders. They have a purchase order for $1,000 USD which is fully reserved. An invoice for $600 is entered and matched to the purchase order, and the purchase order is closed for further invoicing.
What happens to the remaining $400 USD?

A. Manual encumbrance journal needs to be entered in General Ledger to release the budget amount of
$400 USD

B. Only obligation type will have $400 USD funds available

C. Invoice type will have less funds available by $400 USD

D. $400 USD will be expired and not available for use

E. $400 USD will be added back to available funds

정답: D

문제4

Which AMX builder method is most effective in routing the journals to the Accounting Manager when his subordinate, The General Accountant, enters a journal?

A. Dynamic Approval Groups

B. Approval Groups

C. Management Chain approval

D. Cost center based approval

E. Supervisory level approval

정답: E

문제5

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that? (Choose two.)

A. The Account Rule is defined with a different chart of accounts form the Journal Entry Rule Set

B. The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set

C. The Account Rule's chart of accounts has no account values assigned

D. The Account Rule's conditions are not defined

정답: A,B

문제6

You are defining an 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 so you need to enable?

A. Allow Expansion

B. Nothing. All report balances are drillable in all FR Studio reports

C. Report Functions

D. Drill Through in Grid Properties

정답: D

문제7

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

A. a primary ledger with the local accounting convention

B. a reporting currency with the IFRS accounting convention

C. a secondary ledger with the IFRS accounting convention

D. a primary ledger with the IFRS accounting convention

E. a reporting currency with the local accounting convention

정답: D,E

문제8

What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? (Choose two.)

A. Posting performance is much faster

B. Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules

C. You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts

D. General ledger balances are multidimensional, allowing you to perform robust reporting and analysis

E. 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

정답: D,E

문제9

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

A. CVRs are assigned to the end user role; therefore controlling what account code combination individuals can leverage in the General Ledger and the subledgers

B. Nothing has changed. If you have an invalid account combination existing in the table, you must deactivate it to prevent further usage

C. If CVR determines that an invalid combination exists in the CCID table, it will automatically disable that account code combination.

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

정답: D

문제10

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?

A. Two, because the US and Canada can share the same ledger because they are in North America

B. One, because they can all share the same chart of accounts

C. Three, because each requires a different currency

D. Four, because the UK has statutory requirements and you will need a separate ledger for statutory reporting

정답: B

최신 1z0-1054-20 무료덤프 - Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

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