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Question 1

On which three occasions are Essbase balances updated? (Choose three.)

Options :

A : every time the tree version is published

B : every time you run the batch program called “Update Essbase Balances”

C : every time you open a new period

D : every time journals are posted to the general ledger

E : at report run-time

Answer: B,C,D

Question 2

You just submitted the Accounting Configuration. What two things must happen before you can enter journals? (Choose two.)

Options :

A : You must re-deploy the chart of accounts

B : A Data Access Set with full read/write access to the ledger is automatically created

C : You must define a Data Access Set to obtain full read/write access to ledgers in the Accounting Configuration

D : You must assign the job role and data security context to each user

Answer: B,D

Question 3

The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times. Which journal attribute should you use to set the automatic posting criteria?

Options :

A : Journal Source

B : Journal Category

C : Journal Batch

D : Journal Description

Answer: A

Question 4

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.)

Options :

A : You can download the template only from the Manage Chart of Accounts Mappings page.

B : It supports external integration using REST services.

C : You can create, update, and delete account rules for a chart of accounts mapping.

D : You can create, update, and delete segment rules for a chart of accounts mapping.

Answer: C,D

Question 5

You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this?

Options :

A : Create an Account Group using Account Monitor

B : Use Account Inspector

C : Open a Smart View file saved on your desktop

D : Perform an account analysis online

Answer: A