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NEW QUESTION 38
You are defining intercompany balancing rules that are applied to a specific source and category, such as payable and invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which two statements are correct? (Choose two.)

A. You must define rules for every combination of specific categories and sources. Otherwise, the intercompany balancing will not work.B. You can create a rule for all sources and categories by selecting the source "Other" and the category "Other".C. Set up a chart of accounts rule for every chart of accounts structure you have in order to ensure that Intercompany Balancing will always find a rule to use to generate balancing accounts.D. If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.

Answer: B,C

 

NEW QUESTION 39
Your customer has a large number of legal entities. The legal entity values are defined in the company segment which represents the primary balancing segment. They want to easily create eliminating entries for their intercompany activity. What would you recommend?

A. Define an intercompany segment in the chart of accounts. The Intercompany module and the Intercompany balancing feature in general ledger and subledger accounting will automatically populate the intercompany segment which the balancing segment value of the legal entity with which you are tradingB. There is no need to define an intercompany segment. You can track the intercompany trading partner using distinct intercompany receivable/payable natural accounts to identify the trading partnerC. There is no need to define an intercompany segment, the Intercompany module keeps track of the trading partners for you based on the intercompany rules to defineD. Define an intercompany segment and qualify it as the second balancing segment to make sure all entries are balanced for the primary balancing segment and intercompany segment

Answer: A

 

NEW QUESTION 40
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A. They can have the System Administrator configuring pages for them using Page ComposerB. They can format certain tables by hiding and showing columns, moving columns, and resizing columnsC. They can use "+" under the Apps section of the News Feed homepageD. Users have very little control configuring their Springboards and Work Areas; they can only resize columns

Answer: A,B

 

NEW QUESTION 41
You want to process multiple allocations at the same time. What feature do you use?

A. RuleSetsB. Point of View (POV)C. FormulasD. General Ledger journal entries

Answer: A

 

NEW QUESTION 42
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. Drill Through in Grid PropertiesB. Nothing. All report are drillableC. Allow Expansion in Report FunctionsD. Drill Down in Report Functions

Answer: D

Explanation:
Reference:
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NEW QUESTION 43
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