Question 1

Your customer wants to be alerted to changes in the balances of their key General Ledger accounts on a regular basis and asks your advice on the best reporting option. Which reporting tool would you suggest?

Options :

A : Oracle Transactional Business Intelligence

B : Account Groups and Sunburst

C : Financial Reporting Studio

D : Smart View

Answer: B

Question 2

To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views. What are the tables or views called?

Options :

A : Event entities

B : Mapping sets

C : Transaction objects

D : Source objects

Answer: C

Question 3

The Unified Migration option helps move functional setup data from one instance to another. Which TWO statements are true about Unified Migration?

Options :

A : You need to manually download the configuration set from the source and manually upload it into the target

B : You can optionally migrate only the new changes if both environments are synchronized

C : The Unified Migration option requires registration of the target environment in the source environment

D : There is no need to import the migration set into a sandbox instance before it is applied to the target environment

Answer: B,C

Question 4

Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

Options :

A : Manage Reporting Currencies

B : Specify Ledger Options

C : Manage Accounting Attribute Assignments

D : Manage Subledger Accounting Options

Answer: A

Question 5

While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type. What could be the reason for this issue?

Options :

A : The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set

B : Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

C : Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

D : Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

Answer: A