You entered the following information in the Companies and Legal Entities tab of the Rapid Implementation Spreadsheet: Assuming currency is left blank in the Ledger worksheet, how many Ledgers will the process create?

A. 6

B. 3

C. 4

D. 5

You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results.

What is Oracle's recommended practice when this occurs?

A. Enter another adjusting journal entry in the target currency to true up the balances

B. Rerun Translation and then re-consolidate your results

C. Rerun Revaluation and then rerun Translation

D. Translate only the adjusting journal entry

When creating your financial statements, you would like to have a chart, such as a bar graph, included in the report output.

Which two reporting tools allow you to achieve this? (Choose two.)

A. Financial Reporting Studio

B. Account Inspector

C. Smart View

D. Financial Statement Generator

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.)

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 using sources assigned to different event classes from that of the associated Journal Entry Rule Set

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

Your client has been using Budgetary Control for six months. Now, they want to use the Spend Authorization. After opting in the new feature Spend Authorization with Budgetary Control, what additional three actions need to be accomplished to activate this feature? (Choose three.)

A. Enable Payment Request Subtypes

B. Rebuild the GL Balances Cube

C. Create a Payment Process Profile

D. Rebuild the Budgetary Control Cube

E. Enable spend authorization

Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and Product segments for both financial and management reporting.

What is Oracle's recommended method for doing this?

A. Create three segments for the Company, Line of Business, and Product segments and qualify them as primary balancing segment, second, and third balancing segments, respectively

B. Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting

C. Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions

D. Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product segment

Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/19 was recorded for a purchase order. The invoice was entered on 5/5/19, but the invoice accounting date was 4/20/19. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/19.

What is causing this?

A. The current transaction accounting date was set up under the encumbrance accounting Default Date Rule.

B. The system date was set up under the encumbrance accounting Default Date Rule.

C. The actual accounting date was set up under the encumbrance accounting Default Date Rule.

D. The subledger accounting option is set to system date.

E. The prior related transaction accounting date was set up under the encumbrance accounting Default Date Rule.

The Create Accounting program could not determine the debit side of the journal entry.

Which component of Subledger Accounting determines the debit or credit side of a journal entry?

A. Journal Balances Rule

B. Journal Entry Rule Set

C. Journal Line Rule

D. Journal Accounting Rule

E. Account Rule

You want to achieve multi-step cascading allocations, which feature do you use?

A. RuleSets

B. Formulas

C. Point of View (POV)

D. General Ledger journal entries

Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.

What feature can you use to be proactively notified of account anomalies in a more timely manner?

A. Financial Reports with Embedded charts

B. Smart View

C. Account Monitor

D. Account Inspector and its charts