Question 1

Which two statements are true if a journal description rule is defined with sources?

Options :

A : The description rule may be assigned to either the header or line level, or to both.

B : The description rule can only be assigned to the journal line level.

C : You cannot assign journal description rules to sources.

D : The description rule can only be assigned to the header or line level.

E : The sources must also be assigned to the accounting event class that is assigned to the journal entry rule set.

Answer: A,E

Question 2

Your current Oracle Fusion Cloud implementation project includes the configuration of multiple ledgers per country and the setting up of accounting automation to drive journal processing efficiencies. In a particular country (which has a primary, secondary, and multiple reporting currency ledgers), there is a requirement to exclude the country's journal processing from accounting automation. If you enter a ledger set (including all ledgers for that country) on the Exclusion tab of Manage Accounting Automation, what is removed from accounting automation processing?

Options :

A : Just the primary ledger

B : The secondary and reporting currency ledgers only

C : The primary, secondary, and reporting currency ledgers

D : The primary and reporting ledgers only

Answer: C

Question 3

You have been tasked with creating user-defined infolets to monitor key financial metrics. However, you cannot see the option to create infolets in the Infolet repository. What are the two requirements to be able to see the Create option?

Options :

A : You must activate Page Composer.

B : You must publish a sandbox.

C : You must define your OTBl analyses.

D : You must be in a sandbox.

E : You must create a dashboard.

Answer: A,D

Question 4

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 5

You are required to change today’s daily rates for converting GBP to USD. What are three ways in which you can update existing daily rates?

Options :

A : Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager.

B : Edit existing transactions and update the rates manually.

C : Use the spreadsheet loader from the Currency Rates Manager.

D : Update rates manually using the Currency Rates Manager, which can be accessed from the Functional Setup Manager or the General Ledger’s Period Close work area.

E : Import daily rates through the Daily Rates open interface table.

Answer: C,D,E

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