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NEW QUESTION 39
On which three occasions are Essbase balances updated? (Choose three.)

A. every time journals are posted to the general ledgerB. every time you run the batch program called "Update Essbase Balances"C. every time the tree version is publishedD. every time you open a new periodE. at report run-time

Answer: A,C,E

 

NEW QUESTION 40
Budgetary control for accounts 5020 and 5021 has a budget of $90,000USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each. A Fund of $50,000 USD is available for account 5010 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013. Which statement is true?

A. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balancesB. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forwardC. If you have included 5020 and 5021 in the encumbrance rule, the budget balances $90,000 USD, obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.D. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forwardE. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.

Answer: D

 

NEW QUESTION 41
Your customer uses Financials Cloud, Projects, Inventory and Procurement.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A. Each product has its own Intercompany Accounting feature that needs to be set up separatelyB. Intercompany Balancing Rules are defined centrally and applied across Financials and Project Portfolio ManagementC. They need to license a separate stand-alone Intercompany product that acts as the Intercompany Accounting HubD. Within Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger intercompany transactions and single-ledger Intercompany journals

Answer: B,D

 

NEW QUESTION 42
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