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Download Oracle Financials Cloud: General Ledger 2022 Implementation Professional Exam Dumps

NEW QUESTION 47
You want to monitor the close process of all your financial subledgers and ledgers. How can you quickly obtain this information?

A. Use Close Monitor in General Accounting DashboardB. Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each periodC. Run Closing Status reportsD. Use the Manage Accounting Periods page to view the status of all subledgers and ledgers

Answer: C

 

NEW QUESTION 48
Which two statements are true regarding how Intercompany Balancing Rule are defined? (Choose two.)

A. You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.B. 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 define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment values.ys

Answer: B,C

 

NEW QUESTION 49
All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance.
They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?

A. Define multiple ledgers for consolidation and report on ledger setB. Use General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to the parent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.C. Use Oracle Hyperion Financial Management for this type of complex consolidationD. Use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment

Answer: D

 

NEW QUESTION 50
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 Account Inspector that automatically creates graphs on financial balancesB. When viewing the report, download to Excel and use Excel's Charting features to create your bar graphC. Use Smart View, which is an Excel Add-onD. When designing your financial statement using Financial Report (FR), embed a chart into your report

Answer: D

 

NEW QUESTION 51
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