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NEW QUESTION 49
You want to monitor the close process of all financial subledgers and ledgers.
How can you quickly obtain this information?

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

Answer: B

 

NEW QUESTION 50
You are defining an income statement report using Financial Reporting Studio. Users of the report need to be able to analyze the balances directly from the report.
What should you enable to allow this?

A. Allow Expansion in Report FunctionsB. Drill Through in Grid PropertiesC. Nothing. All report are drillableD. Drill Down in Report Functions

Answer: D

Explanation:
Reference:
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NEW QUESTION 51
You are implementing a multipillar implementation of both HCM Cloud and ERP Cloud. You are implementing ERP first followed by HCM Cloud. You want to ensure your ledgers and chart of accounts are correctly defined. What should you do? (Choose three)

A. Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value setsB. Use HCM's Enterprise Structure Configurator (ESC) firstC. Use the Rapid Implementation spreadsheet when creating your enterprise structureD. Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchiesE. Deploy your chart of accounts

Answer: B,C,E

 

NEW QUESTION 52
Your customer wants to use a clearing company to automatically balance intercompany entries.
Which three statements are true regarding the use of a clearing company value? (Choose three.)

A. If you do not map legal entities to balancing segment values, then a clearing company can be applied to any journal within the ledgerB. You must map legal entities to balancing segment values in order to use a clearing companyC. If you map legal entities to balancing segment values, then a clearing company can only be applied within a legal entityD. Clearing companies are not supportedE. If you choose to use a clearing company, you can define a default clearing company value or select the clearing company value directly in the general ledger journal

Answer: A,C,E

 

NEW QUESTION 53
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