Question 1

Your customer is a financial institution that needs to maintain average daily balances (ADB). Which statement is true about this functionality in Oracle Fusion Cloud applications?

Options :

A : Average balances are stored for both subledger and general ledger balances.

B : Average balances are maintained for both actual and budget balances.

C : When using ADB, you must define a transaction calendar and assign it to your ledger.

Answer: B

Question 2

Your company has two legal entities in the US (Balancing Segment Values [BSV] 101 and 102), one legalentity in France (BSV 401), and one legal entity in the UK (BSV 402).Both US legal entities share the same ledger, whereas the UK and France have their own ledgers.Assuming intercompany transactions are not being entered, what is the minimal action you can take and stillconfigure the ledgers correctly?

Options :

A : You should assign a balancing segment value to identify each legal entity in the US Ledger and assign the balancing segment values to the ledger in the UK and France.

B : You should assign a balancing segment value to identify each legal entity in the US ledger.

C : You should assign a balancing segment value to identify each legal entity in each ledger.

D : You should assign the balancing segment value to the ledger in the US and assign a balancing segment value to identify each legal entity in the UK and France ledgers.

Answer: D

Question 3

Which two can you use to import geographical data?

Options :

A : ADF desktop integration

B : SQL Data loader

C : File-based data import (FBDI)

D : Geographical data providers

Answer: C,D

Question 4

The Journal Import process pulls information from the GL Interface table to create valid, postable journal entries in General Ledger. Which two statements are true about the Journal Import process?

Options :

A : The process validates all your data before it creates journal entries in General Ledger.

B : Any error transactions from Oracle Subledgers can be easily deleted and resubmitted.

C : You can only validate and select to transfer journal data in the Summary mode.

D : FBDI can be used to upload journal entry data from external sources into General Ledger.

Answer: A,D

Question 5

You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this?

Options :

A : Create an Account Group using Account Monitor

B : Use Account Inspector

C : Open a Smart View file saved on your desktop

D : Perform an account analysis online

Answer: A