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NEW QUESTION 53
You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?

A. Specify Run Time Prompts (RTP)B. Always use the Outer Point of View (POV)C. Never use the Outer Point of View (POV)D. Only specify segment values in formulas

Answer: B

Explanation:
A Point of View is used to define dimension values that remain fixed throughout the entire allocation rule. For example, assume a chart of accounts includes a segment for future use. The Point of View fixes the value to be the default value so that the dimension value does not have to be selected while defining the source, basis, target, offset, or allocation range

 

NEW QUESTION 54
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?

A. 0B. 1C. 2D. 3

Answer: D

 

NEW QUESTION 55
Your customer requires physical invoices to be generated in Payables Cloud and Receivables Cloud for the Intercompany payables and receivables transactions. Which two statements are correct with regards to setting this up? (Choose two.)

A. You must have implemented Payables Cloud and Receivables CloudB. You only need to assign the Legal Entity and Organization ContactC. You can only associate one Intercompany Organization per Legal EntityD. You must assign the corresponding Receivables and Payables Business Units

Answer: A,D

 

NEW QUESTION 56
You need to define multiple allocation rules as efficiency as possible.
Which three components can be reused across allocation rules? (Choose three.)

A. FormulasB. RuleSetsC. Run Time Prompts (RTP)D. Point of View (POV)

Answer: A,B,C

 

NEW QUESTION 57
Which two statements are true regarding how Intercompany Balancing Rule are defined? (Choose two.)

A. You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment values.ysB. All ledgers engaged in an intercompany transaction must share the same chart of accounts in order to define balancing rules.C. You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types.D. You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.

Answer: B,C

 

NEW QUESTION 58
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