What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?
Answer : A
Reference:
https://docs.oracle.com/cd/E18727_01/doc.121/e13420/T193592sdextchap.htm
You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?
Answer : B
Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?
Answer : B
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results.
What does Oracle consider best practice when this occurs?
Answer : A
Your customer wants to control spending against an annual budget but report balances on a monthly year-to-date basis. Encumbrance accounting is also in use.
What setup is required to achieve this requirement?
Answer : A
On which three occasions are Essbase balances updated?
Answer : A,B,D
You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?
Answer : C
You want to define a tree or hierarchy for use in reports and allocations.
What three aspects should you remember when creating the tree?
Answer : B,C,E
You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information. You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?
Answer : C
In which two ways can your users customize the Dashboards and Work Areas to suit their individual working styles?
Answer : C
The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability.
Monitor page?
Answer : C
You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data.
How do you accomplish this?
Answer : C
Reference:
http://www.oracle.com/webfolder/technetwork/tutorials/obe/fmw/bi/biee/r1013/smartview/sm art_view.htm
Your customer has enabled encumbrance accounting. You have a control budget with the advisory level set at control. For November 2015, your budget for a given combination is approved requisition of $900 USD and you have an approved purchase order of $2,500 USD. An adjustment encumbrance journal is created in the
General Ledger for the obligation type for $1,600 USD. You then cancelled the approved line of $400 USD. For November 201b, you created a new invoice by matching to the
PO for $2,100 USD.
Which two statements are true?
Answer : C,E
You create a prepayment for USD l00 and validate it to consume the budget and reduce available funds under the prepayment account. You then pay the prepayment of USD 100 create an invoice for USD 300, and validate the* invoice to consume the budget and reduce available funds for the expense-accounts used in the invoice. You then apply the prepayment fully on to the invoice and revalidate it.
What happens to the available funds when you apply a prepayment that requires budgetary control?
Answer : F
Your customer is closing their period and they are using Fusion Intercompany to create physical invoices in Fusion Payables and Receivables.
What is the correct order of steps to close Fusion sub ledgers, Fusion Intercompany, and
Fusion General Ledger?
Answer : C
Reference:
http://www.oracle.com/technetwork/middleware/bi-foundation/fcm-11122-fusion-r6- integration-1900499.pdf