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| Section | Objectives |
|---|---|
| Security and Data Access | - Access Management
|
| Intercompany Accounting | - Intercompany Processing
|
| Journal Processing | - Journal Management
|
| Budgeting and Allocations | - Financial Planning
|
| Period Close and Financial Reporting | - Close and Reporting Activities
|
| Ledger Configuration | - Ledger Management
|
| Enterprise Structure and General Ledger Setup | - Enterprise Configuration
|
1. Which three factors should you consider while specifying Intercompany System options?
A) Automatic or manual batch numbering and the maximum transaction amount
B) Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
C) Whether to allow receivers to reject intercompany transactions
D) Approvers who will approve intercompany transactions
E) Automatic or manual batch numbering and the minimum transaction amount
2. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?
A) Account Inspector
B) Financial Reporting Studio
C) Financial Statement Generator
D) Smart View
3. You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.
What should you associate with the ledger set to achieve this?
A) Trial Balance report
B) Financial Reporting Web Studio report
C) OTBI report
D) Account group
4. Which delivered role can access the full functionality of Functional Setup Manager?
A) Application Implementation Manager
B) Application Implementation Consultant
C) IT Security Manager
D) Functional Setup Manager Superuser
E) Any functional user
5. You can run predefined reports to reconcile subledger application balances to General Ledger balances. Which attribute must you set up on the Manage Values page for chart of accounts segment values so that you can run the Payables to General Ledger Reconciliation report or Receivables to General Ledger Reconciliation report?'
A) Reconcile
B) End Date
C) Third Party Control Account
D) Start Date
E) Financial Category
Solutions:
| Question # 1 Answer: B,C,E | Question # 2 Answer: B,D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: E |
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