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| Section | Objectives |
|---|---|
| General Ledger Configuration | - Enterprise structure setup for Financials
|
| Security and Integration | - Role-based access control
|
| Journal Processing | - Journal approvals and posting
|
| Advanced Financials Features | - Intercompany accounting
|
| Accounting and Close Processes | - Period close activities
|
Which three factors should you consider while specifying Intercompany System options?
Correct Answer: A,C,E 🗳️
Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).
When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?
Correct Answer: C 🗳️
Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).
An Oracle Fusion Cloud customer operating in the financial services sector requires only a subset of the legal entities data captured in the primary ledgers to be transferred to the secondary ledgers.
Which journal data conversion level should be selected between the primary and secondary ledgers to achieve this?
Correct Answer: C 🗳️
A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?
Correct Answer: D 🗳️
Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).
Your ledger currency is USD. At month end, you have a balance on the Accounts Payable Liability Account of 100,000 Euros, which is equivalent to 136,550 USD. This balance needs to be revalued. The month-end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true about the resulting revaluation run?
Correct Answer: D,E 🗳️
Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).
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