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1. The cloud client wants to drive an efficient transfer of accounting entries between Subledger Accounting and their General Ledgers. Hence, they are skipping the Post Subledger Journal Entries and Journal Import processes.
Under what three conditions are the improvements to transfer of Subledger Accounting entries to General Ledger enhancement ignored?
A) When the Create Accounting process is submitted in Final and Post modes
B) When the Multiperiod Accounting process is submitted
C) When accounting is transferred outside of Fusion General Ledger
D) When online accounting is submitted from the transaction pages
2. Which statement is true about journal entry rule sets?
A) Description rules can be assigned only at the header level of a journal entry rule set.
B) Description rules can be assigned only at the line level of a journal entry rule set.
C) Description rules can be assigned at both the header and the line level of a journal entry rule set.
3. You are designing an income statement report with the help of Financial Reporting Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?
A) [3:5][3:5][3:5]
B) [3,5][3,5][3,5]
C) 3:5{3:5}3:5
D) [3;5][3;5][3;5]
4. Which TWO privileges are recommended while enabling Audit History on several key business objects?
A) Audit Assignment Grade
B) View Audit History
C) Manage Audit Policies
D) Manage Application Objects
5. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub.
How many event classes will be generated by the system while registering the source system?
A) Four
B) One
C) Three
D) Two
Solutions:
Question # 1 Answer: A,B,D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: B,C | Question # 5 Answer: B |
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