Question 1

What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? (Choose two.)

Options :

A : Posting performance is much faster

B : Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules

C : General ledger balances are multidimensional, allowing you to perform robust reporting and analysis

D : You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously

E : You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts

Answer: C,D

Question 2

Which two statements are true about the Intercompany Reconciliation report?

Options :

A : It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.

B : It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.

C : It displays the intercompany receivables and intercompany payables balances in summary for a period.

D : You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.

E : It displays all clearing company balancing lines for a period.

Answer: B,C

Question 3

Which reporting tool is best suited for submitting high-volume transactional reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or xml?

Options :

A : Oracle Transactional Business Intelligence (OTBI)

B : Business Intelligence Publisher (BI Publisher)

C : Financial Reporting Center

D : Smart View

E : Oracle Data Visualization Cloud Service

Answer: B

Question 4

Which subject area has been enhanced to allow you to drill down from OTBI General Ledger Reports to a General Ledger journal?

Options :

A : General Ledger - Journal Transaction Balances Real Time

B : General Ledger – Journal Balances Real Time

C : General Ledger – Summary Journals Real Time

D : General Ledger – Journals Real Time

Answer: D

Question 5

Account combinations can be created and/or modified using the Import Account Combinations file-based dataimport (FBDI).Which represents the appropriate upload steps?

Options :

A : Submit the Import Account Combinations process, then insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template.

B : Insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.

C : Insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.

D : Submit the Import Account Combinations process, then insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template.

Answer: B

Confidently Practice Online with Free 1D0-1054-25-D Exam Cram

Buying Options: