[Free] 2018(Jan) EnsurePass Testinsides Oracle 1z0-960 Dumps with VCE and PDF 41-50

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Oracle Financials Cloud: General Ledger 2018 Implementation Essentials

Question No: 41

Which two delivered roles can access the full functionality of Functional Setup Manager,

  1. Application Implementation Manager

  2. Functional Setup Manager Superuser

  3. Application Implementation Consultant

  4. Any functional user

  5. IT Security Manager

Answer: A,C

Question No: 42

You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such as Intercompany Sales.

Which two statements are correct?

  1. You must define rules for every combination of specific categories and sources. Otherwise, theintercompany balancing will not work.

  2. You can create a rule for all sources and categories by selecting the source quot;Otherquot; and the category quot;Other.quot;

  3. 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.

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

Answer: A,C

Question No: 43

You need to build a complex account rule. Which four value types can you use in your


  1. Value Set

  2. Constant

  3. Existing Account Rule

  4. Account Combination

  5. Mapping Set

  6. Source

Answer: A,B,C,F

Question No: 44

What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

  1. General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.

  2. 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.

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

  4. Posting performance is much faster.

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

Answer: B,D

Question No: 45

What process must be followed to propagate a chart of accounts hierarchy to the Essbase


  1. Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.

  2. Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies

  3. Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for

  4. Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.

Question No: 46

You customer is a financial Institution that needs to maintain overage daily balances (ADB). Which two statements are true regarding this functionality in Fusion Applications?

  1. ADB provides organizations with the ability to track average and end-of-day balances, reportaverage balance sheets, and create custom reports using both actual and average balances.

  2. Average balances are stored for both subledger balances and general ledger balances.

  3. Average balances are stored in the Essbase cube.

  4. Average balances are maintained for both actual and budget balances.

  5. When using ADB, you must define a daily calendar and assign it to your ADB ledger.

Answer: A,D

Question No: 47

Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a specific supplier type, it needs to go to a default account regardless of the account type.

What is the solution?

  1. Create two journal line rules with a condition of supplier type.

  2. Create an Account Rule with 31 rule elements using one condition for each expense

    type and another for supplier type.

  3. Create an Account Rule with two rule elements using one for expense type mapping and the other for the condition of supplier type.

  4. Create an Account Rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other without any conditions.

Answer: C

Question No: 48

Identify three functions of Functional Setup Manager.

  1. Provide a central place to access and perform all of the setup steps across Fusion application product

  2. Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

  3. Automatically mark the status of tasks as Completed after they have been completed.

  4. Assign setup tasks to individuals with due dates where users must manually update their completion status.

  5. Centrally manage the close processes across subledgers and ledgers.

Answer: A,B,E

Question No: 49

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

  1. Perform an account analysis online.

  2. Open a Smart View file saved on your desktop.

  3. Create an Account Group using Account Monitor.

  4. Use Account Inspector.

Answer: A

Question No: 50

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently


Which two options explain that?

  1. The Account Rule is defined with a different chart of accounts from the Journal Entry Rule Set.

  2. The Account Rule#39;s chartof accounts have no account values assigned

  3. The Account Rule#39;s conditions are not defined.

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

Answer: B,D

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