Question 1

You need to create a boardroom ready month-end reporting package for an upcoming Audit Committeemeeting. You have 10 Financial Reports that you want to share with executives and auditors that are nicelyformatted.What are the two Oracle recommended ways to accomplish this? (Choose two.)

Options :

A : Use BI Publisher to configure the reports and then use bursting to email the reports to the executives and Audit Committee

B : Using Workspace, assemble multiple reports into a book that can be printed and viewed individually as an entire book

C : Create a Smartview report, where the various sheets represent the different Financial Statements and send them the spreadsheet

D : Use a report batch to run reports at a specific time to create a set of snapshot reports

E : Use OTBI to create multiple reports that you save to a folder that only the users can access

Answer: B,D

Question 2

In a primary ledger, under the System options, in the Close section, the "Prevent General Ledger Period Closure When Open Subledger Periods Exist" option has been selected. For which subledger can you opt out of the Period Close Checking feature by using the ORA_GL_INCLD_STRICT_PRD_CLOSE lookup?

Options :

A : Accounts Payable

B : Order Management

C : Lease Accounting

Answer: A

Question 3

You are planning to use Financial Reporting Web Studio to create your income statement and balance sheet reports. Which report component allows you to connect with GL Balances Cube?

Options :

A : Point of View

B : Design Canvas

C : Grid

D : Object Browser

Answer: C

Question 4

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that? (Choose two.)

Options :

A : The Account Rule’s conditions are not defined

B : The Account Rule’s chart of accounts has no account values assigned

C : The Account Rule is defined with a different chart of accounts form the Journal Entry Rule Set

D : The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set

Answer: C,D

Question 5

The Journal Import process pulls information from the GL Interface table to create valid, postable journal entries in General Ledger. Which two statements are true about the Journal Import process?

Options :

A : The process validates all your data before it creates journal entries in General Ledger.

B : Any error transactions from Oracle Subledgers can be easily deleted and resubmitted.

C : You can only validate and select to transfer journal data in the Summary mode.

D : FBDI can be used to upload journal entry data from external sources into General Ledger.

Answer: A,D

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