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1. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)
A) You can have only one version of a hierarchy published to the Essbase cube at any time.
B) Child values in these hierarchies can belong to only one parent.
C) Hierarchies for reporting and allocations have to be published to Essbase cubes.
D) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
2. You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you want to prevent the closure of the GL period if the corresponding subledger period is not closed. How do you achieve this?
A) You don't have to do anything; this option is enabled automatically.
B) Set the relevant option on the Specify Ledger Options page.
C) Opt in to the Prevent Period Close option for the offering.
D) Set the ORA_GLJNCLD_STRICT_PRD_CLOSE profile option to yes.
3. Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)
A) You can download the template only from the Manage Chart of Accounts Mappings page.
B) You can create, update, and delete segment rules for a chart of accounts mapping.
C) It supports external integration using REST services.
D) You can create, update, and delete account rules for a chart of accounts mapping.
4. You are planning to create an Income Statement using Smart View.
Which Smart View tool should you use for this?
A) Query Designer
B) Smart Slices
C) Ad Hoc Analysis
D) Smart Queries
5. You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
What is Oracle's recommended practice when this occurs?
A) Rerun Translation and then reconsolidate your results.
B) Rerun Revaluation and then rerun Translation.
C) Translate only the adjusting journal entry.
D) Enter another adjusting journal entry in the target currency to true up the balances.
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: B | Question # 3 Answer: B,D | Question # 4 Answer: C | Question # 5 Answer: A |
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