Question 1

Management has added a requirement to segregate the duties of transferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)

Options :

A : Uncheck the Enable Posting from the Manage Subledger Accounting Options task.

B : Journal entry spreadsheets are not impacted by this new function.

C :

Must have separate user defined roles using the privilege

XLA_CREATE_GENERAL_LEDGER_AND_SUBLEDGER _JOURNALS.

D : For previously scheduled automated processes, it is recommended to cancel and rescheduled the process for the option to be effective.

Answer: A,D

Question 2

Management wants to use the budget transfer function available on the Review Budgetary Control Balances page. Which privilege is required to perform the budget transfer?

Options :

A :

Import Budget Amounts from Spreadsheet

(XCC_IMPORT_BUDGET_FROM_SPREADSHEETS_PRIV)

B : Import Budget Amounts (XCC_IMPORT_BUDGET_PRIV)

C : Manage Control Budgets (XCC_MANAGE_CONTROL_BUDGETS_PRIV)

D :

Budget Loading (XCC_BUDGET_LOADING_DUTY_PRIV)

Answer: B

Question 3

Your customer is planning to have three balancing segments for generating balance sheets and income

statements at cost center segment and program segment levels.

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Which two recommendations would you give your customer? (Choose two.)

Options :

A : Additional intercompany rules will need to be defined for the two additional balancing segments

B : Every journal where debits do not equal credits across the three balancing segments will result in the system generating extra journal lines to balance the entry

C : Additional intercompany balancing and clearing options will need to be defined

D : When entering journals manually, the customer will need to make sure that debits and credits are equal across all balancing segments because the system will not automatically balance the journal

Answer: A,B

Question 4

You are defining intercompany balancing rules that are applied to a specific source and category, such as

payable and invoices, or a specific intercompany transaction type, such as Intercompany Sales.

Which two statements are correct? (Choose two.)

Options :

A : You can create a rule for all sources and categories by selecting the source “Other” and the category “Other”.

B : If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.

C : You must define rules for every combination of specific categories and sources. Otherwise, the intercompany balancing will not work.

D : Set up a chart of accounts rule for every chart of accounts structure you have in order to ensure that Intercompany Balancing will always find a rule to use to generate balancing accounts.

Answer: A,D

Question 5

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

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